Marvell Technology, Inc.
90.15+1.69 (+1.91%)
Oct 29, 4:00:02 PM EDT · NasdaqGS · MRVL · USD
Key Stats
Market Cap
77.72BP/E (TTM)
-Basic EPS (TTM)
-0.12Dividend Yield
0%Recent Filings
8-K
Execs buy Marvell shares
Marvell Technology executives signaled confidence by snapping up company shares on September 25, 2025, amid open-market buys totaling 27,200 shares at weighted average prices around $77-78. CEO Matt Murphy led with 13,600 shares at $77.09, while other leaders like the CFO and presidents followed suit at $78.03 each. Insider buying like this underscores alignment with shareholders, yet stock volatility persists.
8-K
Marvell boosts buybacks $5B
Marvell Technology announced a $5 billion boost to its stock repurchase program on September 24, 2025, signaling strong confidence in its AI-driven growth trajectory. The company also inked a $1 billion accelerated share repurchase deal, prepaying on September 25 for an initial 10.7 million shares, with final settlement by year-end. This builds on $300 million already bought this quarter, funded by cash reserves. Yet stock price volatility could tweak the final share count.
10-Q
Q2 FY2026 results
Marvell Technology swung to profitability in Q2 FY2026 ended August 2, 2025, with net revenue surging 58% y/y to $2.0B, driven by 69% growth in the data center segment (74% of total) amid strong AI demand, while carrier infrastructure rose 71% y/y and enterprise networking climbed 28% y/y; gross margin expanded 4.2 points y/y to 50.4%, boosting operating income to $290.1M from a $100.4M loss, and diluted EPS improved to $0.22 from a $0.22 loss, reconciling to 870.4M diluted shares. YTD revenue grew 60% y/y to $3.9B, with operating income of $560.7M versus a $252.7M loss and diluted EPS of $0.43 against a $0.47 loss on 873.0M shares. Cash from operations reached $794.5M YTD, yielding free cash flow of $628.2M (derived) after $166.3M capex, lifting cash to $1.2B; total debt stood at $4.5B (senior notes, rates 1.65%-5.95%, maturities 2026-2035) with a $1.5B undrawn revolver through 2030. Post-quarter, Marvell closed the $2.5B all-cash sale of its automotive ethernet unit to Infineon in August 2025, recognizing $524.7M goodwill and $14.0M intangibles held for sale. Yet heavy reliance on China shipments (29% of Q2 revenue) exposes Marvell to escalating U.S.-China trade tensions.
8-K
Marvell Q2 revenue record
Marvell Technology smashed records with $2.006 billion in Q2 fiscal 2026 net revenue, surging 58% year-over-year on explosive AI demand for custom silicon and electro-optics, while enterprise networking and carrier infrastructure rebounded sharply. Data center sales hit $1.491 billion, comprising 74% of total, yet the recent Automotive Ethernet divestiture tempers Q3 guidance to $2.060 billion. Growth persists.
8-K
Marvell completes $2.5B ethernet sale
Marvell Technology completed the $2.5 billion all-cash sale of its automotive ethernet business to Infineon Technologies on August 14, 2025, shedding a unit expected to generate $225 million to $250 million in fiscal 2026 revenue. The deal, announced April 7, includes IP licensing and transition services, with minimal impact on non-GAAP earnings per share. Divestiture sharpens Marvell's focus on core data infrastructure. Risks include integration uncertainties for the buyer.
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