Marvell Technology's stock valuation has halved recently, but it remains a 'Strong Buy' due to its faster growth and strong business momentum. The company's $115 billion all-stock acquisition of Lumentum adds significant optics capabilities, $1 billion in annual savings, and strengthens its near-packaged optics portfolio, despite some dilution. Marvell's custom silicon revenue is expected to exceed $12 billion by fiscal year 2029, supported by factory commitments and customer wins. Even with risks from execution and cyclical optical markets, Marvell trades at less than six times its potential earnings in fiscal year 2031, indicating long-term upside potential.
Marvell Technology trades at USD 142.46 on Pluang as of Nov 09, 2026 20:12 WIB, showing a modest 0.89% increase for the day. The company's market cap stands at $127.05 billion, reflecting its significant presence in the technology sector. Meanwhile, Lumentum shares are priced at USD 542.83 with a 0.79% gain, highlighting investor interest in both companies involved in the recent acquisition news.
Marvell Technology and Western Digital both experienced their worst weekly stock declines since 2001, dropping about 28% despite raising their earnings guidance. The selloff was largely driven by election results and concerns over AI data center poli...
Marvell Technology has been upgraded to a Buy rating with a new fair value of $187.35 standalone and $199.48 including its acquisition of Lumentum. The upgrade follows improved fiscal guidance for 2028 and 2031, along with a significant contract win ...
Marvell Technology's stock dropped over 50% in one month following its all-stock acquisition of Lumentum, causing significant dilution concerns among investors. Despite the steep decline, analysts remain optimistic, with an average price target sugge...
Marvell Technology raised its fiscal 2028 revenue outlook to about $18 billion, signaling strong business momentum, yet its stock dropped over 30% recently due to concerns over dilution from an all-stock acquisition of Lumentum. Despite the selloff, ...
