MRVL
Marvell Technology, Inc.
MRVL has lower modeled downside risk, despite its lower overall score.
SNOW
Snowflake Inc.
SNOW has a slight edge over MRVL overall, supported by stronger valuation and stronger fundamentals.
MRVL Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Strong | |
| Healthy |
MRVL's revenue, profitability, cash flow and balance sheet are all currently healthy.
SNOW Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Strong | |
| Unavailable |
SNOW's revenue and cash flow are currently strong, but its profitability is under pressure. There isn't enough data to rate its balance sheet.
MRVL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 17x | $51.02 | -69% |
| Fair | 25x | $75.19 | -54% |
| Forward | 25x | $164 | — |
| Current | 54x | $164 | — |
| Expensive | 71x | $215 | +31% |
Historical ranges are pointers, not guarantees.
MRVL's PE is in its expensive range at 54x. If earnings grow as analysts expect, today's price would be 25x next year's earnings, in its fair range.
SNOW PE Valuation
SNOW has no meaningful PE right now: it lost money over the past year.
MRVL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for MRVL, with profitability improving.
SNOW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for SNOW, with profitability improving.
MRVL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.51 | +116% |
| Q3 2026 | $3.02 | +$3.15 |
| Q2 2026 | $2.91 | +$3.48 |
| Q1 2026 | $3.07 | +$4.09 |
| Q4 2025 | $2.85 | +$4.55 |
| Q3 2025 | -$0.13 | +$0.98 |
| Q2 2025 | -$0.57 | +$0.56 |
| Q1 2025 | -$1.02 | +$0.06 |
| Q4 2024 | -$1.70 | -$1.05 |
MRVL has the edge over SNOW on earnings quality, reporting a profit while its opponent remains loss making.
SNOW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.74 | — |
| Q3 2026 | -$3.18 | +$0.96 |
| Q2 2026 | -$3.52 | +$0.68 |
| Q1 2026 | -$3.95 | -$0.09 |
| Q4 2025 | -$4.03 | -$0.64 |
| Q3 2025 | -$4.14 | -$1.08 |
| Q2 2025 | -$4.20 | -$1.40 |
| Q1 2025 | -$3.86 | -$1.31 |
| Q4 2024 | -$3.39 | -$0.71 |
SNOW is still losing money, but less than at its worst: $3.18 per share over the past year, against $4.20 at its worst in early 2025.
MRVL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.7B | +37% |
| Q2 2026 | $2.4B | +28% |
| Q1 2026 | $2.2B | +22% |
| Q4 2025 | $2.1B | +37% |
| Q3 2025 | $2B | +58% |
| Q2 2025 | $1.9B | +63% |
| Q1 2025 | $1.8B | +27% |
| Q4 2024 | $1.5B | +6.9% |
MRVL has the edge over SNOW on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 17% | +2.3 points |
| Q2 2026 | 14% | -0.2 points |
| Q1 2026 | 18% | +5.3 points |
| Q4 2025 | 17% | +64 points |
| Q3 2025 | 14% | +22 points |
| Q2 2025 | 14% | +27 points |
| Q1 2025 | 13% | +15 points |
| Q4 2024 | -46% | -36 points |
MRVL has the edge over SNOW on profitability, with a higher operating margin.
SNOW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.5B | +35% |
| Q2 2026 | $1.4B | +33% |
| Q1 2026 | $1.3B | +30% |
| Q4 2025 | $1.2B | +29% |
| Q3 2025 | $1.1B | +32% |
| Q2 2025 | $1B | +26% |
| Q1 2025 | $986.8M | +27% |
| Q4 2024 | $942.1M | +28% |
SNOW's revenue has grown year over year every quarter since late 2020: $1.5B last quarter, up 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -17% | +13 points |
| Q2 2026 | -23% | +20 points |
| Q1 2026 | -25% | +14 points |
| Q4 2025 | -27% | +12 points |
| Q3 2025 | -30% | +11 points |
| Q2 2025 | -43% | -0.9 points |
| Q1 2025 | -39% | -3.6 points |
| Q4 2024 | -39% | -3.3 points |
SNOW's operating margin was −17% last quarter, up 13 points from the same quarter a year ago, near the top of its range since 2019.
MRVL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $478.8M | +16% |
| Q2 2026 | $483.1M | +126% |
| Q1 2026 | $259.4M | -42% |
| Q4 2025 | $508.8M | +10% |
| Q3 2025 | $414.1M | +60% |
| Q2 2025 | $214.1M | -8.1% |
| Q1 2025 | $444.1M | -6.6% |
| Q4 2024 | $461.3M | +2.8% |
MRVL generated $1.7B in free cash flow over the past year, up 13% from the year before.
SNOW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $83.8M | +44% |
| Q2 2026 | $232.8M | +27% |
| Q1 2026 | $765.1M | +82% |
| Q4 2025 | $113.6M | +29% |
| Q3 2025 | $58.2M | -10% |
| Q2 2025 | $183.4M | -46% |
| Q1 2025 | $421.4M | +27% |
| Q4 2024 | $88.3M | -21% |
SNOW has the edge over MRVL on cash flow, with stronger typical year-over-year growth.
MRVL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.1% | +27.9M shares |
| 1 year | +5.8% | +50.8M shares |
| 3 years | +7% | +60.3M shares |
| 5 years | +12% | +100M shares |
| Available history | +38% | +253M shares |
MRVL has 921M diluted shares, up 5.8% from a year ago, despite $1.9B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $200M |
| Q2 2026 | $200M |
| Q1 2026 | $200.1M |
| Q4 2025 | $1.3B |
| Q3 2025 | $200M |
| Q2 2025 | $340M |
| Q1 2025 | $200M |
| Q4 2024 | $200M |
MRVL spent $1.9B buying back its own shares over the past year, up 102% from the year before.
SNOW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.1% | +3.9M shares |
| 1 year | +4.2% | +14M shares |
| 3 years | +6.7% | +21.9M shares |
| 5 years | +17% | +51.5M shares |
| Available history | +47% | +111M shares |
SNOW has the edge over MRVL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $300M |
| Q1 2026 | $150M |
| Q4 2025 | $232.9M |
| Q3 2025 | — |
| Q2 2025 | $490.6M |
| Q1 2025 | — |
| Q4 2024 | $1B |
SNOW spent $683M buying back its own shares over the past year, down 55% from the year before.
MRVL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2021 | 1.5x | Healthy |
| Q4 2020 | 0.5x | Very low |
| Q3 2020 | 0.6x | Very low |
| Q2 2020 | 0.7x | Very low |
| Q1 2020 | 0.7x | Very low |
| Q4 2019 | 5.3x | High |
MRVL's net debt is about 1.5 years of its operating earnings (EBITDA), up from less than a year a year ago.
SNOW Net Leverage
SNOW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
MRVL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.9 | Neutral |
| Stochastic | 16.1 | Oversold |
MRVL's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
SNOW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.4 | Neutral |
| Stochastic | 25.2 | Neutral |
SNOW's weekly RSI is 52 (neutral) and its Stochastic is 25 (neutral).
MRVL PE vs Technology Sector
| Metric | MRVL | Sector median | Relative |
|---|---|---|---|
| PE | 54x | 28x | 95% above |
| PE % | 75 | 35 | 40 pts above |
MRVL is trading at 54x earnings, a 95% premium to the Technology sector's median of 28x.
SNOW PE vs Technology Sector
SNOW has no meaningful PE right now: it lost money over the past year.
MRVL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.0 | 26% below |
| 20 week MA | $220.9 | 26% below |
| 50 week MA | $168.8 | 2.5% below |
| 100 week MA | $124.8 | 32% above |
| 200 week MA | $93.8 | 75% above |
MRVL has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 75% above its 200-week average.
SNOW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $319.9 | 6.6% below |
| 20 week MA | $311.5 | 4.1% below |
| 50 week MA | $238.6 | 25% above |
| 100 week MA | $218.8 | 37% above |
| 200 week MA | $187.5 | 59% above |
SNOW has the edge over MRVL on trend strength, trading above more of its moving averages.
MRVL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.7 | $47.1 | +76% |
| 2021 | $47.1 | $87.7 | +86% |
| 2022 | $87.7 | $37.2 | -58% |
| 2023 | $37.2 | $60.3 | +62% |
| 2024 | $60.3 | $113.6 | +88% |
| 2025 | $113.6 | $86.3 | -24% |
| 2026 YTD | $86.3 | $164.5 | +90% |
MRVL has the edge over SNOW on returns for 2026, with the stronger performance.
SNOW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $240.0 | $323.0 | +35% |
| 2021 | $323.0 | $349.2 | +8.1% |
| 2022 | $349.2 | $138.5 | -60% |
| 2023 | $138.5 | $199.0 | +44% |
| 2024 | $199.0 | $158.7 | -20% |
| 2025 | $158.7 | $223.9 | +41% |
| 2026 YTD | $223.9 | $298.7 | +33% |
SNOW has finished higher in four of the last six years. It's up 33% so far in 2026.