Between Credo Technology and Marvell Technology, Which Stock Looks Set to Break Out?

MRVL: Marvell Technology logo
MRVL
Marvell Technology

Marvell Technology surged 33% during the past Month. 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 Credo Technology gives you more. Credo Technology (CRDO) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Marvell Technology (MRVL) stock, suggesting you may be better off investing in CRDO

  • CRDO’s quarterly revenue growth was 201.5%, vs. MRVL’s 22.1%.
  • In addition, its Last 12 Months revenue growth came in at 226.1%, ahead of MRVL’s 42.1%.
  • CRDO’s LTM margin is higher: 30.3% vs. MRVL’s 16.3%.

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 CRDO on growth, margins, momentum, and valuation multiples.

Trefis: MRVL Stock Insights

Valuation & Performance Overview

  MRVL CRDO Preferred
     
Valuation      
P/EBIT Ratio 113.8 96.9 CRDO
     
Revenue Growth      
Last Quarter 22.1% 201.5% CRDO
Last 12 Months 42.1% 226.1% CRDO
Last 3 Year Average 13.3% 104.0% CRDO
     
Operating Margins      
Last 12 Months 16.3% 30.3% CRDO
Last 3 Year Average 0.7% 0.5% MRVL
     
Momentum      
Last 3 Year Return 324.7% 1899.7% CRDO

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.

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See detailed fundamentals on Buy or Sell CRDO 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% 115% 292%    
CRDO Return 14% 46% 245% 114% 28% 1484%   <===
S&P 500 Return 27% -19% 24% 23% 16% 10% 100%    
Monthly Win Rates [3]
MRVL Win Rate 75% 33% 58% 67% 50% 80%   61%  
CRDO Win Rate 50% 42% 67% 67% 40%   53%  
S&P 500 Win Rate 75% 42% 67% 75% 67% 60%   64% <===
Max Drawdowns [4]
MRVL Max Drawdown -26% -60% -29% -34% -61% -18%   -38%  
CRDO Max Drawdown -62% -33% -61% -46%   -51%  
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 5/15/2026 (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 CRDO 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 CRDO? Consider portfolio approach.

Portfolios Win When Stock Picks Fall Short

Stocks can jump or crash, but long-term success comes from staying invested. The right portfolio helps you ride gains and cushion single stock drops.

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? HQ Portfolio has posted more than 105% in cumulative return since inception, with less risk versus the benchmark index, as evident in HQ Portfolio performance metrics.