How Marvell Technology Stock Gained 50%
Marvell Technology (MRVL) surged nearly 50%, powered by a sharp revenue lift and soaring market optimism. Behind the scenes: stellar Q2 and Q3 earnings, a smart AI-driven acquisition, and strategic moves reshaping its future—sparking investor excitement and a fresh valuation leap.
Below is an analytical breakdown of stock movement into key contributing metrics.
| 6062025 | 12032025 | Change | |
|---|---|---|---|
| Stock Price ($) | 68.2 | 100.2 | 46.8% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 6,501.7 | 7,234.9 | 11.3% |
| P/S Multiple | 9.1 | 11.9 | 31.6% |
| Shares Outstanding (Mil) | 864.8 | 862.6 | 0.3% |
| Cumulative Contribution | 46.8% |
So what is happening here? The stock jumped 47%, fueled by an 11% revenue boost and a 32% rise in its P/S multiple. Let’s dive into the key events driving these impressive shifts.
Here Is Why Marvell Technology Stock Moved
- Q2 FY26 Earnings: MRVL shares slipped as Q2 revenue missed estimates slightly, despite strong YoY growth.
- Q3 FY26 Earnings Beat: Q3 EPS and revenue beat estimates, with strong data center momentum and upbeat Q4 guidance.
- Celestial AI Acquis.: Acquisition announced with Q3 results to strengthen Marvell’s AI data center position.
- Strong AI Demand: Consistent robust demand for AI-driven custom silicon and electro-optics products.
- Automotive Divestiture: Sale of Automotive Ethernet business in August 2025 impacted segment revenue.
Our Current Assesment Of MRVL Stock
Opinion: We currently find MRVL stock relatively expensive. Why so? Have a look at the full story. Read Buy or Sell MRVL Stock to see what drives our current opinion.
Risk: A good way to gauge risk with MRVL is checking how far it’s fallen in past market sell-offs. It plunged about 91.6% in the Dot-Com crash and nearly 77.1% during the Global Financial Crisis. The inflation shock also hit hard, roughly a 62% drop. Even the milder sell-offs like the 2018 correction and Covid pullback saw declines around 40%. This shows that no matter how solid the setup looks, MRVL can still take a big hit when markets turn south.
MRVL stock may have seen strong gains recently, but investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.