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Marvell Technology (MRVL) Earnings Preview: AI-Driven Growth in Focus
Marvell Technology (MRVL) Earnings Preview: AI-Driven Growth in Focus
22
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BTCCSquare news:
Semiconductor leader Marvell Technology gears up for its Q2 fiscal 2026 earnings release on August 28, with Wall Street anticipating a potential beat. Analysts project $0.67 adjusted EPS and $2.01 billion revenue—representing 123% and 58% YoY growth respectively—fueled by strong demand for AI products.
Oppenheimer's Rick Schafer maintains a Buy rating with a $95 price target, citing Marvell's technological edge. The stock holds a Strong Buy consensus among analysts, with 25 Buys and 6 Holds, while trading 6.1% higher over the past year.
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