Is Marvell (MRVL) Stock a Buy Ahead of Q2 Earnings Today?

TLDR

• Marvell reports Fiscal Q2 2027 earnings after market close on Thursday, August 27
• MRVL stock is up 188% year-to-date and has risen in 6 of its last 8 post-earnings sessions
• Wall Street expects adjusted EPS of $0.93 and revenue of $2.72 billion
• Marvell recently secured a major custom chip deal with Alphabet, including warrants tied to $120 billion in potential purchases
• Analysts hold a Strong Buy consensus with an average price target of $295.42

Marvell Technology reports Fiscal Q2 2027 earnings after the close on Thursday, one day after NVIDIA delivered a blowout quarter that sent a strong signal about AI infrastructure demand.

Marvell Technology, Inc., MRVL

MRVL stock was trading at around $242.86 ahead of the report, down roughly 0.91% on the day. The stock has surged 188% year-to-date and is up over 217% in the past 12 months.

Wall Street is looking for adjusted EPS of $0.93 and revenue of $2.72 billion. Marvell has beaten EPS estimates in 7 of the past 8 quarters and has matched or beaten revenue estimates in all 8.

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