Marvell Technology (MRVL) stock surges 142% YTD ahead of Q1 FY2027 earnings, with HSBC, Citi, and Susquehanna raising price targets on AI networking demand.

Mike Khouw happens to like one surging chip stock in particular: Marvell Technology.

Marvell Technology, Inc. (NASDAQ: MRVL) will release Q1 earnings on May 27. Analysts expect 79 cents per share, up from 62 cents last year. Stock rose 6.1% on Tuesday.

Marvell Technology shares jumped 3.76% in pre-market trading ahead of quarterly earnings amid continued optimism.

Marvell Technology Inc. (NASDAQ: MRVL) is in the spotlight Wednesday ahead of first-quarter earnings today after the market closes.

Marvell Technology (MRVL) stock surges 142% YTD ahead of Q1 FY2027 earnings, with HSBC, Citi, and Susquehanna raising price targets on AI networking demand.

May 27 : Marvell Technology forecast quarterly revenue above estimates on Wednesday, signaling strong demand for its networking and custom silicon chips used in the AI data center…

Here's a detailed look inside the Q1 earnings report from Marvell Technology.