Marvell Technology, Inc. (MRVL)
Unlocking Q3 Potential of Marvell (MRVL): Exploring Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Marvell (MRVL) for the quarter ended October 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Marvell Technology (MRVL) Outperforms Broader Market: What You Need to Know
Marvell Technology (MRVL) closed the most recent trading day at $93.14, moving +0.98% from the previous trading session.
Is Marvell (MRVL) 2025's Top AI Stock? The Path to a $150 Share Price
2024 will go down as another year that NVIDIA (Nasdaq: NVDA) was the story stock of AI, but could big changes in the AI space lead to Marvell (Nasdaq: MRVL) posting outstanding returns in 2025?
Marvell Technology (MRVL) Ascends While Market Falls: Some Facts to Note
In the most recent trading session, Marvell Technology (MRVL) closed at $90.70, indicating a +0.7% shift from the previous trading day.
Marvell Soars 30% in Three Months: Should You Hold or Fold the Stock?
MRVL's 30% surge reflects its AI strength and data center growth, but export risks and valuation suggest holding the stock for now.
Marvell Technology, Inc. (MRVL) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Marvell (MRVL). This makes it worthwhile to examine what the stock has in store.
Is It Worth Investing in Marvell (MRVL) Based on Wall Street's Bullish Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Marvell initiated with a Hold at Loop Capital
Loop Capital initiated coverage of Marvell (MRVL) with a Hold rating and $95 price target. The company is clearly a beneficiary from the investments cloud service providers are making into high-performance general-purpose computing as well as accelerated computing for AI training and inference, but with shares trading at about 45.0 times next 12 months' earnings - a notable premium even to Nvidia (NVDA) - shares look "appropriately valued", the analyst tells investors in a research note. Marvell -1.52 (-1.62%) Nvidia -2.39 (-1.62%)
Marvell initiated with a Hold at Loop Capital
Loop Capital analyst Gary Mobley initiated coverage of Marvell with a Hold rating and $95 price target.
Marvell Technology (MRVL) Stock Sinks As Market Gains: Here's Why
In the latest trading session, Marvell Technology (MRVL) closed at $93.80, marking a -0.15% move from the previous day.
Marvell: Seizing AI Opportunities While Non-AI Segments Show Signs Of Resurgence
Marvell's stock has risen 18% since my last recommendation in July, driven by growth in the AI infrastructure market. The company aims to capture 20% of the $40 billion custom AI chip market, with significant growth expected in 2025. A recovery in its non-AI segments should help boost revenue growth.
Marvell's AI Revenue Targets Now Look Conservative
Marvell Technology's strong Q2 results and ambitious AI revenue targets signal significant growth potential, driven by robust demand in the data center infrastructure market. MRVL has secured key hyperscaler customers and expects to achieve $1.5 billion in AI revenue, with a strong ramp in custom AI chip business. Management's confidence and customer demand, particularly from Amazon, indicate Marvell's AI revenue targets are conservative, suggesting potential for upward revisions.
