For the fiscal first quarter ending April 30, 2026, analysts expect Marvell Technology to report consensus revenue of $2.40 billion and earnings per share (EPS) of $0.80, as the current stock price of $196.33 significantly outpaces the average analyst price target of $149.93.
Investors are primarily focused on Data Center revenue, which is projected to grow 40% year-over-year to approximately $1.82 billion due to surging demand for AI-specific chips and high-speed optical interconnects.
The stock has recently benefited from a deepened partnership with Nvidia and reports of custom silicon design wins with major hyperscalers like Google and Amazon. Management's guidance for the remainder of fiscal 2027 will be critical as the company ramps its high-volume custom AI accelerator programs into production.