NVIDIA or Marvell Technology: Which Stock Has More Upside?
Marvell Technology surged 15% during the past week. You may be tempted to buy more or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer NVIDIA gives you more. NVIDIA (NVDA) stock offers superior revenue growth across key periods, better profitability, and a relatively lower valuation vs. Marvell Technology (MRVL) stock, suggesting you may be better off investing in NVDA.
- NVDA’s quarterly revenue growth was 85.2%, vs. MRVL’s 27.6%.
- In addition, its last 12 months’ revenue growth came in at 70.7%, ahead of MRVL’s 34.1%.
- NVDA leads on profitability over both periods – LTM margin of 64.0% and 3-year average of 60.6%.
These differences become even clearer when you look at the financials side by side. The table highlights how MRVL’s fundamentals stack up against those of NVDA on growth, margins, momentum, and valuation multiples.
Valuation & Performance Overview
| MRVL | NVDA | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 178.6 | 30.6 | NVDA |
| Revenue Growth | |||
| Last Quarter | 27.6% | 85.2% | NVDA |
| Last 12 Months | 34.1% | 70.7% | NVDA |
| Last 3 Year Average | 16.0% | 121.7% | NVDA |
| Operating Margins | |||
| Last 12 Months | 16.4% | 64.0% | NVDA |
| Last 3 Year Average | 2.8% | 60.6% | NVDA |
| Momentum | |||
| Last 3 Year Return | 378.5% | 380.3% | NVDA |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
- Is IVV’s Growth Engine Worth The Price Of Admission?
- Does Constellation Energy Stock’s Surge Broaden Your Portfolio Or Just Amplify It?
- Google Has The Best Problem Money Can’t Quite Buy
- How One Partnership Profit Line Reframes The Regeneron Pharmaceuticals Stock Story
- Who Really Powered VGT’s Climb This Year?
- Is The AI Super-Cycle Real Enough To Bet On Micron Stock?
See detailed fundamentals on Buy or Sell NVDA Stock and Buy or Sell MRVL Stock. Below we compare market return and related metrics across years.
Historical Market Performance
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| MRVL Return | 85% | -57% | 64% | 84% | -23% | 228% | 498% | ||
| NVDA Return | 125% | -50% | 239% | 171% | 39% | 11% | 1495% | <=== | |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 100% | ||
| Monthly Win Rates [3] | |||||||||
| MRVL Win Rate | 75% | 33% | 58% | 67% | 50% | 83% | 61% | ||
| NVDA Win Rate | 58% | 42% | 75% | 75% | 67% | 50% | 61% | ||
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | 62% | <=== | |
| Max Drawdowns [4] | |||||||||
| MRVL Max Drawdown | -26% | -60% | -29% | -34% | -61% | -20% | -38% | ||
| NVDA Max Drawdown | -24% | -63% | -18% | -27% | -37% | -16% | -31% | ||
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | -13% | <=== | |
[1] Cumulative total returns since the beginning of 2021
[2] 2026 data is for the year up to 6/17/2026 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read NVDA Dip Buyer Analyses and MRVL Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.
Still not sure about MRVL or NVDA? Consider a portfolio approach.
The Right Way To Invest Is Through Portfolios
Individual stocks are unpredictable. A smart portfolio helps you invest, limits downside shocks, and provides upside exposure.
Beating the market consistently is hard, but the Trefis High Quality (HQ) Portfolio makes it look achievable. By selecting 30 high-conviction stocks, the HQ strategy has historically outpaced the S&P 500, S&P Mid-cap, and Russell 2000. See how this curated selection delivers superior risk-adjusted returns in our detailed performance factsheet.