Chip company Marvell Technology (MRVL) is scheduled to announce its results for the second quarter of Fiscal 2026 on August 28. While Wall Street is bullish on MRVL stock due to the demand for its custom chips from data centers, TipRanks’ A.I. analyst has a Neutral rating with a price target of $78, indicating about 10% upside potential.
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For context, TipRanks’ A.I. Stock Analysis delivers automated, data-driven evaluations of stocks based on key performance metrics, giving investors a clear and concise snapshot of a stock’s potential.
AI Analyst Has a Cautious Stance on MRVL Stock
According to TipRanks A.I. Stock Analysis, Marvell Technology earns a score of 66 out of 100. The A.I. analysis highlights positive insights from the earnings call and the company’s focus on AI and customer chips.
Specifically, Marvell ended Fiscal 2025 with its AI revenue significantly exceeding the $1.5 billion target set in April 2024. Management anticipates that it will “very significantly” surpass the $2.5 billion goal for Fiscal 2026.
The A.I. analysis also noted that Marvell stands to gain from the demand for its products amid rapid data center market expansion.
However, these favorable aspects are offset by short-term bearish momentum indicated by technical analysis and valuation concerns. Also, supply chain headwinds could weigh on MRVL’s performance.
Is MRVL Stock a Strong Buy?
Despite optimism about AI-led demand, Marvell stock is down about 36% year-to-date due to tariff-related uncertainties and the impact of U.S.-China trade tensions.
Wall Street expects Marvell to report earnings per share (EPS) of $0.67 for Q2 FY26, reflecting a 123% year-over-year growth. Furthermore, analysts estimate a 58% jump in revenue to $2.01 billion.
Overall, Wall Street has a Strong Buy consensus rating on Marvell Technology stock based on 26 Buys and eight Holds. The average MRVL stock price target of $90.63 indicates 27.3% upside potential from current levels.
