Marvell Technology Stock Climbs After Better-Than-Expected Q3 Results, Strong Q4 Guidance

Zinger Key Points

Marvell Technology Inc. MRVL reported its third-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter. 

The Details: Marvell Technology reported quarterly earnings of 43 cents per share, which beat the analyst consensus estimate of 41 cents. Quarterly revenue came in at $1.52 billion, which beat the consensus estimate of $1.46 billion and is an increase over sales of $1.42 billion from the same period last year.

Read Next: TikTok Shop Bags More Than $100 Million In Black Friday Sales With Potential Ban Ahead

“Marvell’s fiscal third quarter 2025 revenue grew 19% sequentially, well above the mid-point of our guidance, driven by strong demand from AI. For the fourth quarter, we are forecasting another 19% sequential revenue growth at the midpoint of guidance, while year-over-year, we expect revenue growth to accelerate significantly to 26%, marking the beginning of a new era of growth for Marvell,” said Matt Murphy, Marvell’s CEO.

“The exceptional performance in the third quarter, and our strong forecast for the fourth quarter, are primarily driven by our custom AI silicon programs, which are now in volume production, further augmented by robust ongoing demand from cloud customers for our market-leading interconnect products. We look forward to a strong finish to this fiscal year and expect substantial momentum to continue in fiscal 2026,” Murphy added.

Outlook: Marvell sees fourth-quarter earnings of 59 cents per share, plus or minus five cents, versus the 52-cent estimate. The company expects fourth-quarter revenue of $1.8 billion, plus or minus 5%, versus the $1.65 billion estimate.

MRVL Price Action: According to Benzinga Pro, Marvell Technology shares are up 8.99% after-hours at $104.54 at the time of publication on Tuesday. 

Read More: 

Photo: Shutterstock

MRVL Logo
MRVLMarvell Technology Inc
$58.972.86%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
23.18
Growth
24.87
Quality
-
Value
16.01
Price Trend
Short
Medium
Long
Got Questions? Ask
Which AI silicon companies may follow Marvell's lead?
How will cloud service providers react to Marvell's growth?
Are there semiconductor stocks poised for gains with AI demand?
What impact will Marvell's growth have on tech ETFs?
Which competitors could be affected by Marvell's success?
How might investors capitalize on Marvell's forecast?
Will Marvell's growth influence chipmakers in general?
What opportunities exist in AI-driven markets?
How could Marvell's results impact investment strategies in tech?
Which interconnect technology firms could benefit from this trend?
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In:
Comments
Loading...