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Marvell Technology’s (MRVL) stock delivered its strongest monthly gain in years.
Marvell expects Q1 FY27 earnings and revenue above Wall Street estimates at $0.79 EPS and $2.40B.
KEY POINTS
- Marvell's partnership with Nvidia strengthens its position in high-speed optical connections for data centers.
- Craig-Hallum raised Marvell's FY27 revenue estimate to $10.82B and EPS forecast to $3.78.
- Marvell stock has a Strong Buy consensus from 23 analysts, with a 12.5% average upside target.
COMPANIES
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