1. Marvell Technology, Inc. (NASDAQ:MRVL)
Number of Hedge Fund Holders: 105
Expected EPS CAGR in the next 5 years: 43.05%
Marvell Technology, Inc. (NASDAQ:MRVL) is a global semiconductor company that designs and develops a wide range of storage, networking, and security solutions. Its product portfolio includes data storage controllers, Ethernet switch systems, custom silicon solutions, and networking processors used in data centers, telecommunications, automotive, and industrial applications. MRVL’s technology powers critical infrastructure, enabling high-speed data transmission, cloud computing, and connectivity. The company focuses on expanding its presence in emerging markets like 5G, automotive, and enterprise storage, while driving innovation in system-on-chip (SoC) solutions, networking performance, and energy efficiency.
Marvell Technology, Inc. (NASDAQ:MRVL) delivered record revenue of $1.817 billion in Q4 2025, growing 20% sequentially and 27% YoY. The company’s data center end market was the primary growth driver, achieving record revenue of $1.37 billion, growing 78% YoY and 24% sequentially, fueled by strong AI demand and execution. For the full fiscal year 2025, MRVL delivered $5.77 billion in aggregate revenue, with data center revenue growing 88% YoY. The company significantly exceeded its AI revenue target of $1.5 billion and expects to very significantly exceed its $2.5 billion target in fiscal 2026.
Marvell Technology Inc. (NASDAQ:MRVL) has successfully ramped highly complex custom silicon programs and continues to gain momentum as customers increasingly rely on them for custom silicon ambitions. The company drove record operating cash flow of $1.68 billion and increased capital returns to stockholders through stock repurchases and dividends totaling $933 million. Looking ahead, management is forecasting revenue growth of over 60% YoY in Q1 2025 at the midpoint of guidance and expects strong YoY revenue growth in fiscal 2026. The company has solidified its position as a leading provider of data infrastructure semiconductors with a unique business model spanning full custom to full merchant solutions.
Overall Marvell Technology, Inc. (NASDAQ:MRVL) ranks first on our list of the 10 best growth stocks under $100 to buy now. While we acknowledge the potential of MRVL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MRVL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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