Here’s How Much Traders Expect Marvell Stock to Move After Earnings

Marvell is due to report earnings Thursday afternoon, with options pricing suggesting traders see the stock swinging up to 10% by the end of the week.

Sales and profits are expected to have grown in the quarter on strong demand for AI-related hardware.

Marvell Technology is scheduled to post earnings after the closing bell on Thursday, with traders expecting a big move from the chip designer's stock.

Marvell (MRVL) shares are seen swinging up to 10% in either direction by the end of the week, based on recent options pricing. A move of that size from Friday's close could see the stock rally close to $261, or slip below $214, giving up some of its gains this year.

While Marvell's stock has pulled back from its June highs, it remains one of the top performers in the S&P 500 for this year, with shares up nearly 180% in 2026. Strong demand for AI chips and high-profile deals have helped boost the stock, including a custom chip deal with Google parent Alphabet (GOOGL) announced earlier this month.

Results from Marvell and Nvidia this week could give investors more insights into the durability of demand for AI chips.

UBS analysts told clients that they expect another strong quarter from Marvell, with the potential for a raised full-year sales forecast. They called Marvell "one of the more attractive ways to participate in the custom silicon, optical connectivity, and AI infrastructure buildout themes," though they trimmed their price target to $300 from $340, given a recent pullback in compute-related stocks.

Marvell is projected to report second-quarter sales of $2.71 billion, growth of 35% year-over-year, according to estimates compiled by Visible Alpha. Adjusted earnings are seen growing to 93 cents per share from 67 cents the same time last year.

Analysts are widely bullish on the outlook for Marvell. Of the 13 analysts tracked by Visible Alpha, 11 consider the stock a "buy," compared to two neutral ratings. Their mean price target of $271 would imply just over 14% upside from Friday's close.

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