Marvell F1Q27 Preview & Optical Market Dynamics
- —Buyside expectations are for a modest beat against the $2.4b guide.
- —FY27 data center and interconnect revenue modeled to grow 60% and 90% respectively, significantly higher than 40% and 50% guidance.
- —FY27/FY28 EPS estimated at $4.36 and $7.70.
Positioned for a beat-and-raise; dominant optical DSP share and underappreciated 2.4T volume potential.
Strong structural demand for AI networking and custom silicon.
Dominant market share in high-speed optical DSPs (800G/1.6T).
Leveraged to hyperscaler scale-out and interconnect demand.