Marvell Revenue May Reach $10B in 2026, CEO Says -- Market Talk

Dow Jones

2025/12/03

1837 ET - Marvell Technology says it may record about $10 billion in revenue in 2026. Chief Executive Matt Murphy told analysts that figure was a ballpark estimate the company is aiming for with sales, not including mergers and acquisitions, such as its purchase of Celestial AI announced after the close. The company is expecting sequential revenue growth every quarter next year, with the second half of the year stronger than the first, Murphy says. Marvell's custom business roughly doubled from 2024 to 2025, and is expected to increase by 20% in 2026, and then double from 2027 to 2028, Murphy says. Marvell's shares rose 11% to $103.12 in after-hours trading following Murphy's comments. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

December 02, 2025 18:39 ET (23:39 GMT)

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Chief Executive Matt Murphy told analysts that figure was a ballpark estimate the company is aiming for with sales, not including mergers and acquisitions, such as its purchase of Celestial AI announced after the close. The company is expecting sequential revenue growth every quarter next year, with the second half of the year stronger than the first, Murphy says. Marvell's custom business roughly doubled from 2024 to 2025, and is expected to increase by 20% in 2026, and then double from 2027 to 2028, Murphy says. Marvell's shares rose 11% to $103.12 in after-hours trading following Murphy's comments. (katherine.hamilton@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) <a href=\"https://laohu8.com/S/DOW\">Dow</a> Jones Newswires\n</p>\n<p>\n  December 02, 2025 18:39 ET (23:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marvell Revenue May Reach $10B in 2026, CEO Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarvell Revenue May Reach $10B in 2026, CEO Says -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-12-03 07:39</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  1837 ET - Marvell Technology says it may record about $10 billion in revenue in 2026. Chief Executive Matt Murphy told analysts that figure was a ballpark estimate the company is aiming for with sales, not including mergers and acquisitions, such as its purchase of Celestial AI announced after the close. The company is expecting sequential revenue growth every quarter next year, with the second half of the year stronger than the first, Murphy says. Marvell's custom business roughly doubled from 2024 to 2025, and is expected to increase by 20% in 2026, and then double from 2027 to 2028, Murphy says. Marvell's shares rose 11% to $103.12 in after-hours trading following Murphy's comments. (katherine.hamilton@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) <a href=\"https://laohu8.com/S/DOW\">Dow</a> Jones Newswires\n</p>\n<p>\n  December 02, 2025 18:39 ET (23:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1861215975.USD","symbol_name":"貝萊德新一代科技基金 A2","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2588626340","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588626340","pubTimestamp":1764718740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1837 ET - Marvell Technology says it may record about $10 billion in revenue in 2026. Chief Executive Matt Murphy told analysts that figure was a ballpark estimate the company is aiming for with sales, not including mergers and acquisitions, such as its purchase of Celestial AI announced after the close. The company is expecting sequential revenue growth every quarter next year, with the second half of the year stronger than the first, Murphy says. Marvell's custom business roughly doubled from 2024 to 2025, and is expected to increase by 20% in 2026, and then double from 2027 to 2028, Murphy says. Marvell's shares rose 11% to $103.12 in after-hours trading following Murphy's comments. 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Chief Executive Matt Murphy told analysts that figure was a ballpark estimate the company is aiming for with sales, not including mergers and acquisitions, such as its purchase of Celestial AI announced after the close. The company is expecting sequential revenue growth every quarter next year, with the second half of the year stronger than the first, Murphy says. Marvell's custom business roughly doubled from 2024 to 2025, and is expected to increase by 20% in 2026, and then double from 2027 to 2028, Murphy says. Marvell's shares rose 11% to $103.12 in after-hours trading following Murphy's comments. (katherine.hamilton@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 02, 2025 18:39 ET (23:39 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}