MRVL vs NOW: Which Is the Better Buy?
Side-by-side comparison of Marvell Technology, Inc. and ServiceNow, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-25.
Marvell Technology, Inc. · Technology
$258.95
-11.4% upside to fair value
Med Conviction
Grade C
High Quality
VS
ServiceNow, Inc. · Technology
$139.82
+16.2% upside to fair value
Med Conviction
Grade A-
High Quality
QuantHub Verdict
NOW has more upside to fair value
(+16.2%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
MRVL |
NOW |
| Current Price |
$258.95 |
$139.82 |
| Fair Value Estimate |
$229.46 |
$162.50 |
| Upside to Fair Value |
-11.4%
|
+16.2%
|
| Market Cap |
$226.8B |
$144.6B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
48.0x
|
43.1x
|
| Price / Sales |
24.0x
|
9.8x
|
| Price / FCF |
134.3x
|
31.5x
|
| Revenue Growth YoY |
+36.5%
|
+24.0%
|
| Gross Margin |
51.4%
|
74.8%
|
| Operating Margin |
16.7%
|
11.4%
|
| Return on Equity |
16.2%
|
13.8%
|
| Dividend Yield |
0.09% |
0% |
| FCF Yield |
0.74%
|
3.17%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Marvell Technology is a data infrastructure semiconductor specialist that designs custom AI accelerators, electro-optics DSPs, ethernet switching, storage controllers and interconnect silicon for hyperscale data centers, communications and carrier markets, employing roughly 7,480 people under CEO Matthew J. Murphy. Business quality is genuinely high on the demand side: revenue grew 36.5% year ove…
ServiceNow provides a cloud-based enterprise workflow platform spanning IT service management, operations, employee workflows, CRM, AI orchestration and security. Business quality is high because its common data model, deeply embedded workflows and cross-department deployments create meaningful switching costs, while roughly 90% of the Fortune 500 use the platform and more than 85 billion workflo…
Accumulation Zones
| Metric |
MRVL |
NOW |
| Zone Low |
$172.09 |
$121.88 |
| Zone High |
$195.04 |
$138.12 |
| In Buy Zone? |
No
|
No
|