Marvell Pre- Earnings: MRVL Stock Soars 131% YTD as AI Demand Faces Its Biggest Test Yet

Marvell Technology (MRVL) is a chip company that designs data center, network, and custom silicon products for AI, cloud, and telecom systems. The stock has had a big run ahead of its next earnings report, scheduled for Wednesday, May 27, after the close.Meet Samuel – Your Personal Investing ProphetStart a conversation with TipRanks’ trusted, data-backed investment intelligence

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The stock has rallied in 2026, rising 131.31% year-to-date. The surge has been fueled by strong demand for AI data center chips, upbeat guidance, and rising trust in Marvell’s custom silicon and interconnect growth story.

Still, the setup for earnings is not simple. Wall Street remains bullish, but the stock is now trading above the average analyst price target.

For the upcoming report, analysts expect earnings per share of $0.79 for fiscal Q1 2027. That compares with $0.62 in the same quarter last year.