--- title: "Why Is Marvell Stock Surging on Tuesday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/298355753.md" description: "Marvell Technology (MRVL) stock surged on Tuesday, rising 2.80% to $229.80, following strong Q2 financial results and updated Q3 guidance. The company reported Q2 revenue of $2.74 billion, beating estimates, with data center revenue jumping 46%. For Q3, Marvell projected revenue of $3.15 billion and adjusted earnings of $1.10 per share, both exceeding consensus expectations. Wall Street analysts largely maintained positive ratings, revising price targets upward." datetime: "2026-09-08T18:21:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298355753.md) - [en](https://longbridge.com/en/news/298355753.md) - [zh-HK](https://longbridge.com/zh-HK/news/298355753.md) generator: "portal-rs" --- # Why Is Marvell Stock Surging on Tuesday? **Marvell Technology Inc.** (NASDAQ:MRVL) stock is surging on Tuesday as it makes a steady recovery from its recent post-earnings selloff. Marvell stock had surged 248% over the past 12 months, leaving the equity sensitive to profit-taking when broader futures signaled defensive shifts across growth sectors. The Nasdaq is up 0.22% while the S&P 500 has shed 0.32% and Technology is leading with a 0.6% gain even as overall breadth leans negative. ## Earnings Top Estimates The selloff followed financial reports released on Aug. 27. Marvell reported second-quarter revenue grew 37% year-over-year to $2.74 billion, topping the $2.71 billion estimate. Adjusted earnings reached 94 cents per share, above the predicted 92 cents, while operating cash flow hit $605.5 million. Data center revenue jumped 46% during the quarter, driven by sustained product demand. For the third quarter, Marvell projects revenue of $3.15 billion, plus or minus 5%, above the $3.03 billion expectation. The firm forecasts adjusted earnings of $1.10 per share, plus or minus 5 cents, beating the $1.07 consensus. **Read Also: Stock Market Today: S&P 500, Dow, Nasdaq 100 Futures Fall as Oil Tops $99 Despite Trump’s Price Drop Prediction** ## Wall Street Analyst Revisions On Aug. 28, **Craig-Hallum** maintained a Buy rating and raised its forecast to $300. B. Riley Securities maintained a Buy rating and lowered its forecast to $315. **TD Cowen** maintained a Hold rating and raised its target to $245. **Oppenheimer** maintained an Outperform rating and raised its forecast to $325. **Morgan Stanley** maintained an Equal-Weight rating and raised its forecast to $246. ## Technical Analysis MRVL is holding a clean uptrend structure, trading above its 20-day SMA ($225.65), 50-day SMA ($219.93), 100-day SMA ($216.57), and well above its 200-day SMA ($152.53). That "stacked" moving-average setup, plus the 20-day SMA above the 50-day SMA, keeps the intermediate trend pointed higher. Momentum is best framed through RSI, which sits at 53.06—neutral, but consistent with a stock that’s consolidating after a big run rather than breaking down. The longer-term trend signal remains constructive: the golden cross that formed in October 2025 (50-day SMA above the 200-day SMA) still supports the idea that pullbacks are being bought within a primary uptrend. **MRVL Stock Price Activity:** Marvell Technology shares were up 2.80% at $229.80 at the time of publication on Tuesday, according to Benzinga Pro data. **Read Also: Dr. Copper Says the AI Boom Is Spreading Through the Real Economy** *Photo by JHVEPhoto via Shutterstock* ### Related Stocks - [MRVL.US](https://longbridge.com/en/quote/MRVL.US.md) - [MVLL.US](https://longbridge.com/en/quote/MVLL.US.md) - [MRVX.US](https://longbridge.com/en/quote/MRVX.US.md) - [MRVU.US](https://longbridge.com/en/quote/MRVU.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [RILY.US](https://longbridge.com/en/quote/RILY.US.md) - [TD.US](https://longbridge.com/en/quote/TD.US.md) - [OPY.US](https://longbridge.com/en/quote/OPY.US.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) - [RILYL.US](https://longbridge.com/en/quote/RILYL.US.md) - [RILYG.US](https://longbridge.com/en/quote/RILYG.US.md) - [RILYN.US](https://longbridge.com/en/quote/RILYN.US.md) - [RILYK.US](https://longbridge.com/en/quote/RILYK.US.md) - [RILYP.US](https://longbridge.com/en/quote/RILYP.US.md) - [RILYZ.US](https://longbridge.com/en/quote/RILYZ.US.md) - [RILYT.US](https://longbridge.com/en/quote/RILYT.US.md) - [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md) - [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md) - [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md) - [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md) - [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md) - [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md) - [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md) - [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md) - [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md) ## Related News & Research - [Marvell Technology Inc Stock (MRVL) Closed Down by 3.43% on Sep 10: A Full Analysis](https://longbridge.com/en/news/298639901.md) - [If You Invested $1000 In Marvell Technology Stock 10 Years Ago, You Would Have This Much Today](https://longbridge.com/en/news/298775687.md) - [Why Marvell stock is falling today](https://longbridge.com/en/news/298949730.md) - [Marvell Technology Inc Stock (MRVL) Moved Down by 6.12% on Sep 14: A Full Analysis](https://longbridge.com/en/news/298955340.md) - [Marvell Technology Posts Lower FCF Margins, But Revenue Is Could Surge Next Year - Is MRVL Stock Too Cheap?](https://longbridge.com/en/news/297658996.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**