Marvell Technology (MRVL) Stock on November 29, 2025: AI Pivot, Buybacks and a High‑Stakes Q3 Earnings Test
Marvell Technology shares closed November 28 at $89.40, up 2% after a weeklong rally fueled by optimism over its AI data-center strategy and a multi-billion-dollar buyback plan. The stock’s Relative Strength rating rose to 75, reflecting improved momentum. Market cap stands near $77 billion, but GAAP profitability remains negative. Investors await fiscal Q3 2026 results due December 2, 2025.