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Marvell Technology seen with 24%-56% upside on AI growth and optics solutions expansion.

Analyst Insights
20 Apr 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Marvell Technology is rated a buy with an expected upside of 24% to 56%, driven by growth in AI and accelerating optics solutions. The acquisition of Celestial AI is expected to boost high-speed optical data transfer revenues significantly by the second half of fiscal year 2028. Analysts forecast Q1 FY27 revenue of $2.4 billion, a 27% increase, and EPS of $0.80, up 28.3%, supported by strong estimate revisions and consistent earnings beats. Margins are projected to normalize near 40% post-acquisition, with free cash flow growth and reduced capital expenditures supporting future share repurchases.

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