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Marvell Technology’s post-earnings sell-off is a buying opportunity, Loop Capital says in upgrade


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Marvell Technology’s post-earnings sell-off is a buying opportunity, Loop Capital says in upgrade

Marvell Technology’s post-earnings sello-ff is a buying opportunity, according to Loop Capital. Marvell shares tumbled 16% in the premarket after the semiconductor company’s latest results and guidance failed to impress investors. The chipmaker posted earnings of 60 cents per share on revenue of $1.82 billion. Those were modestly better than the 59 cent per-share earnings and $1.80 billion in revenue expected by analysts polled by FactSet. Marvell also issued better-than-expected current-quarter guidance. MRVL 1D mountain Marvell Technology Still, the downbeat response is an opportunity investors should use to their advantage, according to analyst Gary Mobley, who on Thursday upgraded the stock to buy from hold in a Thursday note. “Following better-than-expected 4Q25 (Jan) results and above-consensus 1Q26 (Apr) guidance, and given the near-40% correction in the shares since Jan (based on aft-mkt), we are taking the opportunity to take up our rating on shares of MRVL from Hold to Buy,” Mobley wrote. “Based on the sell-off in shares in the aftermarket, clearly investors didn’t get the beat-and-raise needed to sustain MRVL’s rich now valuation,” he continued. “Additionally, the small upside to results/ guide is being driven mostly by things other than AI/cloud, albeit the growth is clearly being led by AI/cloud. Now, we feel shares have a compelling risk-reward consideration.” Marvell shares are down more than 18% already this year. The analyst’s $110 price target, which he left unchanged, implies more than 20% upside from Wednesday’s close for the stock of $90.14.



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#Marvell #Technologys #postearnings #selloff #buying #opportunity #Loop #Capital #upgrade

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