NASDAQ:MRVL 30 August 2025 - 30 November 2025

Marvell Technology shares traded near $89.40 on November 29, 2025, valuing the company at about $77 billion ahead of its Q3 earnings report next week. Institutional investors, including the Florida Retirement System and Russell Investments, increased their stakes, while Skandinaviska Enskilda Banken cut its holdings by 22%. The stock is up 40% since August but remains below its 52-week high.

Marvell Technology shares fell 5.8% to $76.60 Thursday amid a broad tech sell-off, despite the company announcing new AI expansion plans in India. Trading volume reached about 23 million shares, above the recent average. The Philadelphia Semiconductor Index dropped 3.4% as Nvidia reversed early gains. Marvell reports earnings December 2.

Marvell Technology shares fell about 5% to $79–$80 in midday trading Tuesday, tracking a broader sell-off in AI chip stocks amid valuation concerns. The stock is down roughly 10.5% over the past five sessions and trades about 38% below its 52-week high. Institutions hold 83–86% of shares. Wall Street analysts maintain a “Buy” consensus with average price targets in the low-to-mid $90s.

Marvell Technology shares trade in the high-$80s, down about 20% year-to-date but up 15–20% from last fall. The stock jumped over 5% in late October after Amazon cited strong demand for Trainium AI chips, which Marvell helps produce. About 74% of Marvell’s revenue now comes from cloud data center products, with AI-related sales rising rapidly. Marvell faces competition from Broadcom, Nvidia, and AMD in cloud and AI chips.

Marvell Technology shares trade in the mid-$80s, up 17% year-over-year but down over 20% in 2025 after peaking at $127.48 in January. The stock surged 30% in September on a $5 billion buyback, then dipped after a TD Cowen downgrade before rebounding on AI chip optimism tied to OpenAI and AMD deals. Q2 revenue hit $2.006 billion, up 58% year-over-year, with AI chips now 73% of sales.