AMAT vs MRVL: Which Is the Better Buy?
Side-by-side comparison of Applied Materials, Inc. and Marvell Technology, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Applied Materials, Inc. · Technology
$394.33
-58.9% upside to fair value
Grade C
High Quality
VS
Marvell Technology, Inc. · Technology
$133.37
+25.2% upside to fair value
High Conviction
Grade B
QuantHub Verdict
MRVL has more upside to fair value
(+25.2%).
AMAT trades at a lower forward P/E
(39.9x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AMAT |
MRVL |
| Current Price |
$394.33 |
$133.37 |
| Fair Value Estimate |
$162.08 |
$167.00 |
| Upside to Fair Value |
-58.9%
|
+25.2%
|
| Market Cap |
$312.9B |
$116.6B |
| Forward P/E |
39.9x
|
42.4x
|
| EV / EBITDA |
31.6x
|
—
|
| Price / Sales |
11.1x
|
14.2x
|
| Price / FCF |
50.5x
|
83.7x
|
| Revenue Growth YoY |
-2.1%
|
+7.0%
|
| Gross Margin |
48.7%
|
50.1%
|
| Operating Margin |
29.1%
|
16.3%
|
| Return on Equity |
38.9%
|
19.4%
|
| Dividend Yield |
0% |
— |
| FCF Yield |
1.98%
|
1.2%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Applied Materials, Inc. is a leading global provider of semiconductor and display equipment, specializing in materials engineering solutions critical to chip manufacturing. The company benefits from a durable competitive moat supported by its market leadership, innovation engine with over 8,500 patents since 2013, and a strong management team led by CEO Gary E. Dickerson. Despite these strengths,…
Marvell Technology designs semiconductors for data infrastructure, including storage, networking, connectivity for AI, cloud, 5G, and automotive; the business excels with a dominant Data Center segment driving 42% FY2026 revenue growth to $8.2B amid AI demand, strong leadership under long-tenured CEO Matt Murphy, and robust 50% gross margins, though offset by earnings decline and non-Data Center …
Accumulation Zones
| Metric |
AMAT |
MRVL |
| Zone Low |
$121.56 |
$125.00 |
| Zone High |
$137.77 |
$142.00 |
| In Buy Zone? |
No
|
Yes
|