Marvell Technology Inc. (MRVL) will report its Q2 fiscal 2026 earnings report August 28, 2025, after market close. Consensus estimates project earnings per share of $0.68 on revenue of just over $2 billion, reflecting more than 6% growth QoQ, and 58% YoY, driven by artificial intelligence demand. Despite 11-12% adjusted EPS growth over the next 12 months, YoY, consistent or possibly slightly greater than the growth rate of S&P 500 earnings, the stock is trading at just 23x forward 12-month earnings, well below the average over the past 2 years.
