Is Marvell Technology Going to $1 Trillion?
Is Marvell Technology Going to $1 Trillion?
https://www.fool.com/investing/2026/06/20/is-marvell-technology-going-to-1-trillion/
Publish Date: 2026-06-20 05:53:00
Source Domain: www.fool.com
Marvell Technology (MRVL +7.30%) already had a good start to the year as more investors noticed its ASIC chips and optical interconnects. Then, Nvidia (NVDA +3.08%) CEO Jensen Huang put this AI stock on everyone’s radar by declaring it would be the next trillion-dollar company.
The stock unsurprisingly took off on that news and has more than tripled year to date. Is the rally here to stay, or should investors lock in some of their gains now?
Here’s what people should consider as Marvell Technology continues its rally.
Image source: Getty Images.
Marvell Technology hinted at meaningful long-term growth
High growth rates are a prerequisite for outperforming the S&P 500 over the long run, and Marvell Technology has been delivering on that regard. It posted 28% year-over-year revenue growth in its fiscal 2027 first quarter, but that wasn’t the most exciting part about the earnings report.
Guidance implies $2.7 billion in Q2 FY27 revenue, which represents 35% year-over-year growth and 11.7% sequential growth. Marvell Technology CEO Matt Murphy also told investors to expect accelerated revenue growth each quarter throughout fiscal 2027. This optimistic outlook isn’t even exclusive to fiscal 2027.
“We are seeing exceptional AI-related bookings, and as a result, we are significantly raising Marvell’s revenue outlook for both fiscal 2027 and fiscal 2028 compared with the guidance we provided last quarter,” Murphy said.
That’s the type of guidance that suggests a $1 trillion valuation is possible in the future, but other AI stocks may get there first. AI stocks like Advanced Micro Devices and Sandisk are closer to the milestone and are exhibiting higher revenue growth rates right now. Luckily, the optimistic guidance from Marvell Technology isn’t the only bullish development.
Today’s Change
(7.30%) $21.13
Current Price
$310.67
Key Data Points
Market Cap
$272B
Day’s Range
$302.39 – $329.85
52wk Range
$61.44 – $329.88
Volume
3.2M
Avg Vol
40.2M
Gross Margin
50.64%
Dividend Yield
0.08%
