Schwab Network on $MRVL (Nov 2, 2026)

Let's look at the one-year chart of Marvel shares , which are down 25% in October, Despite this , Marvel is still up 120% in 2026. So, not too bad. It's not that bad. It is still in the three-digit range.

It is making a big bet on continuing to build AI infrastructure. That acquisition is the main topic of today's morning trade. Marvell is acquiring optical component maker Lumentum in a full share swap.

The actual value depends on the Marvel share price.

This means a premium of about 24% based on the neutral closing share price of each company, and we are taking this as of October 28th because, as you said, there was market speculation about this deal last week.

After the transaction is completed , Marvell's current shareholders will own approximately 67% of the combined company on a fully diluted basis. Now, with this acquisition, Marvel says they will be able to combine electrical and optical technologies.

And this isn't the company's first bet on the growth of AI. This year, they completed their multi-billion dollar deal for Celestial AI. It was a startup that was also focusing on optical interconnectivity technology.

Therefore, they are trying to be a first mover in this field , which the CEO called a generational opportunity. Marvel's market value has tripled in the last 3 years.

However, in contrast, Marvel fell by about 5% on this news. So, clearly the value is tied to the stock price and the approval process, Sam. Of course, this agreement must be approved.

So, we still have one important element left in this case. However, there is a downward trend in both names.

Yes, absolutely. This is significant. Marvel is currently down 5%, Molly. But in my opinion, if you have any concerns about AI trading, it's still up 120% year-to-date.

Yeah, you know, I think this deal will ultimately be much more favorable to MRVL shareholders than Lite.

There are also rumors that this is going to be an all-stock share deal and to me this is a much better proposition for MRVL shareholders than for Lite shareholders. So, I see MRVL as a rebound play.

According to the chart structure, there is a great support level at the 200 SMA near 182, 183. I think they have just reached this level. So, I'm planning to buy and sell quickly.

I'm looking at next week's contract, expiration date November 13th. 205 pitchers 425 or below. The risk will be about 40%. It could actually be around 30%.

Of course, if it closes below the 200 SMA, I don't want to be in a long position.

Marvel, sorry, Marvel has not fallen below the 200 SMA since March 5th of this year. In my opinion, its upside target should be around 215 to 218. There is a gap in 218 that remains to be filled.

And for me, these options, especially if they are executed within this week , can yield profits of over 300%. Now again, this is a fully share based deal, so I think it's positive for MRVL.

They are establishing themselves in a sector that is crucial to the creation of AI , and the importance of optics in AI is not discussed enough.

And again, that important technical level could attract many short-term and long-term traders to this stock. I think this is a good value play, especially as the market tries to recover after Friday's big drop.