{
  "id": 3142405,
  "title": "How to Play MRVL Stock Now as Marvell Technology Expands Its Relationship With Google",
  "url": "https://urgent.news/2026/08/23/how-to-play-mrvl-stock-now-as-marvell-technology-expands-its",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-23T18:30:02.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/play-mrvl-stock-now-marvell-183002715.html"
  },
  "original_language": "en",
  "account": "Marvell Technology, a global semiconductor company headquartered in Santa Clara, California, has recently announced a partnership with Google's parent company Alphabet, which will allow Alphabet to acquire $12.20 billion worth of shares in Marvell. This expanded agreement builds upon their existing collaboration for custom chips and covers products related to the tensor processing unit ecosystem, including AI inference accelerators, storage, and network interface controllers. Investors are optimistic about this deal as it indicates Marvell's custom silicon platform is garnering attention from major cloud providers, potentially leading to increased revenue visibility.\n\nAs of June 18, Marvell's stock reached a 52-week high of $329.88, but it has since declined by 29%. For the first quarter of fiscal 2027 (ending May 2), Marvell reported record revenue of $2.42 billion, up 28% year-over-year, surpassing the analysts' expectations of $2.40 billion. Moreover, Marvell's non-GAAP EPS grew 29% to $0.80, meeting the expectations set by Wall Street analysts. The data center end-market revenue grew by 27% YoY to $1.83 billion, primarily driven by strong demand for Marvell's 800G PAM4 optical DSPs. AI-driven demand across all key product lines contributed to the company's overall increase in communications and other end-market revenue, which grew by 29% annually to $585 million.\n\nAnalysts at various firms, including UBS, KeyBanc, and TD Cowen, have shown strong confidence in Marvell Technology's future performance. UBS analysts have raised Marvell's price target from $300 to $310, while maintaining a Buy rating. They believe the expanded partnership with Google could support earnings per share of $10 by 2028 and $15 by 2030. KeyBanc analysts have even more optimistic projections, raising Marvell's price target from $260 to $385 and maintaining an Overweight rating, citing its position in AI infrastructure and data center networking. Wall Street analysts' consensus rating for MRVL stock is a Strong Buy, with a consensus price target of $269.31, suggesting a 15% upside from current levels.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}