Marvell Technology (MRVL), the custom system-on-a-chip designer, had lower-than-expected Q2 FCF and FCF margins, as in Q1. Nevertheless, analysts expect revenue to surge over 51% next year. As a result, MRVL stock could have over 34% upside using conservative FCF margin and FCF yield analysis.
MRVL closed down over 2.2% on Monday, Aug. 31, at $211.66. That's below its pre-earnings release peak of $251.01 on Aug. 20.