By Vandita Jadeja
Publication Date: 2026-08-21 15:00:00
Quick Read
Google’s $12 billion warrant to buy MRVL shares turns Alphabet from a customer into an aligned shareholder, validating Marvell’s custom XPU strategy.
Marvell’s 58x forward P/E dwarfs Broadcom’s 20x and NVIDIA’s 26x, but its smaller base amplifies the gain from every new chip socket won.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Marvell Technology didn’t make the cut. Grab the names FREE today.
Marvell Technology (NASDAQ:MRVL) just handed Alphabet a warrant that could turn Google into a top shareholder. The commercial agreement, disclosed August 19, gives Google the right to buy up to 58,970,907 Marvell shares at $206.58, or roughly $12.18 billion at the strike.
Our 24/7 Wall St. price target for Marvell is $288.12 over the next 12 months, versus a current quote of $237.27, implying 21.43% upside. The model’s rating is buy with a confidence…
