Marvell Technology Inc. (NASDAQ:MRVL) shares jumped 6.17% to $221.12 in pre-market trading on Wednesday, extending a 6.08% prior day gain, as investors positioned ahead of the company’s fiscal first quarter 2026 earnings report due after the closing bell.
Strong EPS Growth Expected
Analysts expect earnings of $0.75 per share and revenue of $2.40 billion in its upcoming first quarter.
In its last reported quarter in March, Marvell posted EPS of $0.80, beating estimates of $0.71 by 12.68%, on revenue of $2.22 billion, topping consensus by 2.77%.
AI Infrastructure At The Core
