Marvell Technology raises FY27 revenue guidance to ~$12B

0 min read | Published on 28 Aug 2026, 02:28 AM |Updated on 28 Aug 2026, 02:28 AM

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Key Highlights

Marvell Technology expects FY27 revenue to grow ~45% YoY to roughly $12 billion
Data center business is projected to expand by ~60% in the current fiscal year
FY28 revenue guidance set at ~$18 billion, representing ~50% YoY growth
CEO provided updates during a conference call regarding future fiscal outlook

*this image is generated using AI for illustrative purposes only.

Marvell Technology CEO upgraded the company’s revenue outlook during a conference call, citing robust demand in the data center sector.

The semiconductor firm now expects fiscal 2027 revenue to grow approximately 45% year-over-year, reaching roughly $12 billion. This represents a significant acceleration in growth expectations for the upcoming fiscal period.

Revenue Guidance Details

Fiscal Year	Projected Revenue	YoY Growth	Key Driver
FY2027	~$12 billion	~45%	Data Center (+60%)
FY2028	~$18 billion	~50%	Sustained Momentum

For fiscal 2028, Marvell projects revenue of approximately $18 billion, implying a 50% year-over-year increase. The company highlighted that its data center business is expected to expand by roughly 60% in the current fiscal year, serving as the primary engine for this top-line acceleration.

What the Numbers Show

The guidance indicates a compounding growth trajectory, with the projected absolute revenue jump from FY27 to FY28 ($6 billion) exceeding the implied base of FY26. The data center segment’s anticipated 60% growth rate outpaces the overall company’s 45% target for FY27, suggesting high concentration in this vertical.

How might Marvell's heavy reliance on data center growth expose it to risks if hyperscaler capital expenditure cycles slow down?

What specific product innovations or AI-related chip architectures are driving the projected 60% expansion in the data center segment?

How does Marvell's aggressive revenue guidance compare to competitors like Broadcom and Nvidia in terms of market share acquisition potential?

Marvell Tech Q3 GAAP EPS guidance $0.48-$0.58 vs $0.52 est

1 min read | Published on 28 Aug 2026, 01:48 AM |Updated on 28 Aug 2026, 01:49 AM

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Naman SScanX News Team

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Key Highlights

Marvell Tech projects Q3 GAAP EPS of $0.48-$0.58 vs $0.52 estimate
Adjusted EPS guidance remains $1.05-$1.15 around $1.07 consensus
Revenue expected between $2.993B and $3.308B against $3.034B est

*this image is generated using AI for illustrative purposes only.

Marvell Technology (NASDAQ: MRVL) has updated its third-quarter financial outlook to include GAAP earnings per share guidance. The semiconductor company projects GAAP EPS between $0.48 and $0.58, surrounding the analyst estimate of $0.52.

Financial Guidance Overview

The company previously issued guidance for adjusted earnings per share and revenue. The new disclosure adds the non-GAAP perspective with specific GAAP metrics.

For adjusted earnings per share (EPS), Marvell projects a range of $1.05 to $1.15. This sits around the consensus analyst estimate of $1.07. The lower bound misses the estimate by $0.02, while the upper bound beats it by $0.08.

Revenue expectations remain set between $2.993 billion and $3.308 billion. Analysts had estimated sales of $3.034 billion for the quarter. The guidance suggests potential upside of approximately $274 million above consensus if the higher end is realized.

Metric	Guidance Range	Analyst Estimate
Adjusted EPS	$1.05 - $1.15	$1.07
GAAP EPS	$0.48 - $0.58	$0.52
Revenue	$2.993B - $3.308B	$3.034B

What the Numbers Show

The inclusion of GAAP EPS guidance provides context for the adjusted figures. While the adjusted EPS midpoint aligns closely with market expectations, the GAAP EPS range indicates that standard accounting measures may result in a slight miss or beat depending on execution. The revenue band width continues to signal uncertainty in near-term demand or supply chain execution.

How might the wide variance between GAAP and adjusted EPS impact institutional investor confidence in Marvell's core operational efficiency?

What specific supply chain or demand-side factors are contributing to the broad revenue guidance range, and could this signal volatility in the AI infrastructure market?

Will Marvell provide a breakdown of the one-time charges or accounting adjustments causing the significant gap between GAAP and non-GAAP earnings in the upcoming earnings call?