Will Marvell Stock Continue Its Uptrend After Rallying 92% YTD?

Zacks2024-12-27

Marvell Technology, Inc. MRVL has delivered an extraordinary performance in 2024, with its stock skyrocketing nearly 92% year to date (YTD). This remarkable growth positions Marvell as a leader in the...

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This remarkable growth positions Marvell as a leader in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/marvell-stock-continue-uptrend-rallying-125700505.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will Marvell Stock Continue Its Uptrend After Rallying 92% YTD?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill Marvell Stock Continue Its Uptrend After Rallying 92% YTD?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-27 20:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/marvell-stock-continue-uptrend-rallying-125700505.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Marvell Technology, Inc. MRVL has delivered an extraordinary performance in 2024, with its stock skyrocketing nearly 92% year to date (YTD). This remarkable growth positions Marvell as a leader in the...</p>\n\n<a href=\"https://finance.yahoo.com/news/marvell-stock-continue-uptrend-rallying-125700505.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MU","symbol_name":"美光科技","start_time":0,"source_url":"https://finance.yahoo.com/news/marvell-stock-continue-uptrend-rallying-125700505.html","article_id":"2494822163","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2494822163","pubTimestamp":1735304220,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Marvell Technology, Inc. MRVL has delivered an extraordinary performance in 2024, with its stock skyrocketing nearly 92% year to date . This remarkable growth positions Marvell as a leader in the semiconductor sector, outpacing the Zacks Electronics - Semiconductors industry’s impressive 65.3% rise and the SPDR S&P Semiconductor ETF’s XSD modest 15.6% gain. Compared to semiconductor heavyweights like Texas Instruments TXN and Micron Technology MU, which have risen 12.5% and 5.2%, respectively, Marvell’s dominance is undeniable.Marvell’s prospects are deeply rooted in the booming artificial intelligence  sector, which presents immense opportunities. MarketsAndMarkets forecasts the global AI chip market to surge from $123.16 billion in 2024 to $311.58 billion by 2029, growing at an annualized rate of 20.4%.Despite global supply-chain disruptions, Marvell has effectively managed pricing and streamlined its portfolio to sustain profitability. Such disciplined execution has bolstered invest","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MU":"美光科技","MRVL":"迈威尔科技","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU2413666699.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"CRH\" (HKDHDG) INC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","IE0008368304.USD":"STEWART INVESTORS WORLDWIDE LEADERS SUSTAINABILITY FUND \"I\" (USD) ACC","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","FDN":"First Trust Dow Jones Internet I","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4141":"半导体产品","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","BK4532":"文艺复兴科技持仓","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","XSD":"SPDR S&P Semiconductor ETF","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","TXN":"德州仪器","BK4561":"索罗斯持仓","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","BK4581":"高盛持仓","BK4512":"苹果概念","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU1046421795.USD":"富达环球科技A-ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","LU1548497426.USD":"安联环球人工智能AT Acc","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","BK4554":"元宇宙及AR概念","LU0738911758.USD":"Blackrock Global Equity Income A6 USD"},"translate_title":"Marvell股价年初至今上涨92%后会继续上涨趋势吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XSD":1,"TXN":1,"MU":1,"MRVL":0.9,"FDN":0.64},"content_text":"Marvell Technology, Inc. MRVL has delivered an extraordinary performance in 2024, with its stock skyrocketing nearly 92% year to date (YTD). This remarkable growth positions Marvell as a leader in the semiconductor sector, outpacing the Zacks Electronics - Semiconductors industry’s impressive 65.3% rise and the SPDR S&P Semiconductor ETF’s XSD modest 15.6% gain. Compared to semiconductor heavyweights like Texas Instruments TXN and Micron Technology MU, which have risen 12.5% and 5.2%, respectively, Marvell’s dominance is undeniable.\nYTD Price Return Performance\nImage Source: Zacks Investment Research\nAI-Driven Growth Propels Marvell Forward\nMarvell’s prospects are deeply rooted in the booming artificial intelligence (AI) sector, which presents immense opportunities. MarketsAndMarkets forecasts the global AI chip market to surge from $123.16 billion in 2024 to $311.58 billion by 2029, growing at an annualized rate of 20.4%.\nMarvell’s advanced electro-optics solutions, including PAM DSPs and ZR interconnects, play a critical role in facilitating seamless data transmission in AI-powered data centers. These products position Marvell as a foundational player in constructing next-generation data infrastructure — a vital component as AI adoption accelerates globally. By aligning its innovations with AI-driven demands, Marvell is strategically placed to capture a significant share of this burgeoning market.\nMarvell’s Custom Silicon and Data Center Momentum\nMarvell’s emphasis on custom silicon solutions is another key growth driver. These tailored products meet the specific needs of cloud service providers, a segment critical to AI adoption.\nIn the third quarter of fiscal 2025, Marvell reported robust growth in its data center segment, fueled by custom AI compute programs. Management has forecast sequential growth in data center revenues in the low-to-mid 20% range for the fourth quarter, highlighting continued demand for AI-centric solutions.\nMarvell’s investments in cutting-edge technologies, such as PCIe Gen 6 retimers and advanced interconnect solutions, underscore its strategic vision. These developments not only enhance data center efficiency but also solidify Marvell’s reputation as a long-term leader in AI infrastructure.\nMarvell’s Resilient Financial Performance Amid Challenges\nMarvell’s financial results for the third quarter of fiscal 2025 reflect its ability to navigate a challenging macroeconomic landscape. The company exceeded Wall Street expectations on the top and bottom lines, demonstrating its operational excellence.\nDespite global supply-chain disruptions, Marvell has effectively managed pricing and streamlined its portfolio to sustain profitability. Such disciplined execution has bolstered investor confidence. Analysts anticipate a 40% revenue surge and a 73% EPS increase in fiscal 2026, reinforcing Marvell’s growth narrative.\nImage Source: Zacks Investment Research\nMRVL Valuation: A Premium Worth Paying\nMarvell’s trailing 12-month price-to-earnings (P/E) ratio of 44.76 exceeds the industry’s average of 35.01, reflecting a premium valuation. However, this higher multiple is justified by Marvell’s leadership in AI, robust data center expansion and strong financial trajectory. For long-term investors, this premium is an investment in innovation and sustained growth.\nImage Source: Zacks Investment Research\nConclusion: MRVL a Must-Buy Stock for 2025\nDespite its substantial rally in 2024, Marvell Technology remains a compelling investment. Its strategic alignment with the AI revolution, dominance in custom silicon solutions and consistent financial performance position the company for continued success. While its valuation may appear elevated, the company’s growth prospects justify the premium.\nFor investors seeking exposure to the future of AI and semiconductor innovation, Marvell is a stock to buy now and hold for the long term. MRVL sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nTexas Instruments Incorporated (TXN) : Free Stock Analysis Report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nMarvell Technology, Inc. (MRVL) : Free Stock Analysis Report\nSPDR S&P Semiconductor ETF (XSD): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2494822163"}