• Marvell Technology Inc MRVL.OQ MRVL.O is expected to show a rise in quarterly revenue when it reports results on March 6 for the period ending January 31 2025

• The Wilmington Delaware-based company is expected to report a 25.8% increase in revenue to $1.795 billion from $1.43 billion a year ago, according to the mean estimate from 28 analysts, based on LSEG data.The company's guidance on December 3 2024, for the period ended January 31, was for revenue between $1.71 billion and $1.89 billion.

• ​LSEG's mean analyst estimate for Marvell Technology Inc is for earnings of 59 cents per share. The company's EPS guidance on December 3 2024, for the period ended January 31, was between $0.54 and $0.64

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 37 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Marvell Technology Inc is $130.00​, above​ its last closing price of $85.83. ​​​

The company's guidance on December 3 2024 for the period ended January 31 was for gross profit margin of USD60%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated March 4 at 00:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)