Marvell Q1 FY1/27 Earnings Review (The Cestrian Circle Newsletter)

DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Read our full disclaimer, here.

Analysis by Alex King, CEO, Cestrian Capital Research, Inc.

Marvell put in a strong Q1 that saw revenue growth accelerate with a Q2 guide for further acceleration. Cashflow margins ticked up and net debt ticked down a little. The valuation is stretched, of course, as this stock has run, but it is not being traded on valuation at present.

Let’s look at the numbers, the chart and our updated rating.