Marvell Technology Group Ltd. Stock News

Marvell beat on sales and beat on earnings last night. Marvell guided to 40% sales growth -- faster than in Q3 -- in the upcoming Q4.

Marvell Technology (MRVL) shares jumped Wednesday after the semiconductor company topped profit estimates on strong data center demand and announced an AI acquisition.

Shares of Marvell Technology Inc (NASDAQ:MRVL) are up 7.1% to trade at $99.51 at last check, following a third-quarter earnings and revenue beat.

Marvell Technology Group Ltd. (NASDAQ:MRVL) reported record third-quarter revenue and raised its guidance for data center growth, driven by strong demand for its products and a new acquisition aimed at expanding its AI capabilities.

Deutsche Bank reiterated a buy rating on Marvell, raising their price target to $125 from $90. Bank of America analysts just reiterated a buy rating on Amazon, with a price target of $303 from $272 a share. Analysts at Deutsche Bank reiterated a buy rating on Broadcom ahead of earnings on December 11, 2025.

The market finally woke up. After months of obsessing over who builds the "Brains" for generative AI (Nvidia), Wall Street just realized it forgot who builds the "Nervous System.

Marvell clearly has visibility into big financial opportunities, but analysts wonder about its competitive positioning and the impact of a newly announced deal.

Stock futures are slightly higher and bitcoin is rising as the market looks to add to yesterday's gains; AI company Anthropic is reportedly considering an initial public offering; Apple is expected to post its best year of iPhone sales thanks to strong demand in China; shares of Marvell Technologies are soaring after the chip company reported strong earnings; and American Eagle stock is surging...