Professional
Added to YB: 2025-05-29
Pitch date: 2025-05-27
MRVL [bullish]
Marvell Technology, Inc.
+30.48%
current return
Author Info
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Company Info
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge.
Market Cap
$78.4B
Pitch Price
$64.70
Price Target
130.00 (+54%)
Dividend
0.26%
EV/EBITDA
32.15
P/E
32.53
EV/Sales
10.33
Sector
Semiconductors and Semiconductor Equipment
Category
growth
JPMorgan Maintains $130 Price Target on Marvell Technology, Inc.
$MRVL: JPM maintains Overweight/$130 PT. Expects Q1 in-line ~$1.875B (+3% QoQ) and Q2 $2B+ (+7% QoQ). AI growth from ASIC ramps (AWS Trainium 2/Google Axion) + 800G/1.6T optical. Trainium 3 (3nm) on track for 2026; won Microsoft MAIA Gen3. Est. $4B in AI ASICs/networking 2024. Auto divestiture ($225-250M rev) closing 2025, $0.05-0.10 EPS accretive.
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