After Skyrocketing 340% in Just 12 Months, Is Marvell Technology Stock Still a Good Buy?

Marvell Technology shares rose 340% in 12 months, projecting 35% revenue growth to $2.7 billion for the current quarter. The company joins the S&P 500 on June 22, boosting investor access and potential buying pressure. Revenue guidance increased from 28% in Q1 2027 to 35% year-over-year, driven by AI-related bookings.