Enhanced R&D spending expected in FY2025 is factored into bullish mrvl stock forecast, potentially raising forward valuation multiples. Thanks to stronger consumer spending, the U.S. economy grew at an unexpectedly robust 3.8% pace in Q2 of 2025, marking an upward revision of second-quarter growth released by the government. Adjusted earnings per share reached $1.69, beating the forecast of $1.65. This growth was primarily fueled by surging demand for custom AI accelerators, networking products, and its newly acquired VMware business. The mrvl stock forecast benefits from semiconductor industry recovery, particularly in 5G infrastructure, which contributes to demand stabilization.