Marvell Technology Q1 results: Revenue boosted by AI demand
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Needham Reiterates Buy Rating on Marvell (MRVL)
May 31, 2024 6:18 AM EDTNeedham analyst N. Quinn Bolton reiterated a Buy rating and $95.00 price target on Marvell (NASDAQ: MRVL).
The analyst comments "Marvell reported a beat and raise 1QF25 as the Data Center segment continues to outperform. Our key takes: 1) GM will be weighed down... More
Marvell (MRVL) PT Raised to $91 at Evercore ISI
May 31, 2024 4:54 AM EDTEvercore ISI analyst Mark Lipacis raised the price target on Marvell (NASDAQ: MRVL) to $91.00 (from $88.00) while maintaining a Outperform rating.
The analyst comments "Setting Table For AI Upside. On the positive side MRVL reported its AI revs doubled YY, we est... More

