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2 Reasons I'd Buy Marvell Stock More Than 20% Below Its Record, and 1 Reason I'd Wait

Source: fool.com

Corporate Guidance & OutlookCompany Fundamentals
2 Reasons I'd Buy Marvell Stock More Than 20% Below Its Record, and 1 Reason I'd Wait

Marvell raised its fiscal 2028 revenue forecast to about $20 billion in early October. Its shares trade at around 34 times expected fiscal 2028 earnings, indicating a high valuation alongside the improved outlook.

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mildly positive

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0.25

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MRVL0.55

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