Chip stocks rise as Nvidia eases China demand concerns

Broadcom Limited (AVGO) PT Raised to $276 at Citi

June 2, 2025 4:05 PM EDT

Citi analyst Christopher Danely raised the price target on Broadcom Limited (NASDAQ: AVGO) to $276.00 (from $210.00) while maintaining a Buy rating.

The analyst comments "Broadcom will release F2Q25 results on June 5 after market close. We expect AVGO to report results above... More

Barclays Reiterates Overweight Rating on Marvell (MRVL)

May 30, 2025 4:56 AM EDT

Barclays analyst Tom O\'Malley reiterated an Overweight rating and $80.00 price target on Marvell (NASDAQ: MRVL).

The analyst comments "Finally said the magic word of "3nm" with AMZN and noted securing wafer capacity this quarter but left the door open for... More

BofA Securities on Marvell (MRVL): 'Pipeline affirmed, higher confidence in CY26 growth, maintain est./PO'

May 30, 2025 4:55 AM EDT

BofA Securities analyst Vivek Arya reiterated a Buy rating and $72.00 price target on Marvell (NASDAQ: MRVL)

The analyst comments "Inline quarter, outlook and limited change to our estimates. However, key was MRVLs affirmation of: 1) participation in 3nm Amazon custom-chip... More

Marvell (MRVL) PT Lowered to $90 at Wolfe Research

May 30, 2025 4:45 AM EDT

Wolfe Research analyst Chris Caso lowered the price target on Marvell (NASDAQ: MRVL) to $90.00 (from $115.00) while maintaining a Outperform rating.

The analyst comments "Maintain Outperform rating; reducing price target to $90. Our $90 price target is based on ~24x our FY27 EPS estimate of $3.74,... More

Goldman Sachs Reiterates Buy Rating on Dell (DELL)

May 30, 2025 4:33 AM EDT

Goldman Sachs analyst Michael Ng reiterated a Buy rating and $130.00 price target on Dell (NYSE: DELL).

The analyst comments "AI server momentum and buybacks offset EPS miss & F2026 EBIT outlook cut on traditional servers, storage, and PCs. DELLs F1Q26 EPS and EBIT missed on worse-than-expected ISG profits (CSG EBIT was in-line with GSe) and DELL lowered its F2026 EBIT... More

Marvell (MRVL) PT Lowered to $133 at Evercore ISI, 'we are buyers'

May 30, 2025 4:22 AM EDT

Evercore ISI analyst Mark Lipacis lowered the price target on Marvell (NASDAQ: MRVL) to $133.00 (from $135.00) while maintaining a Outperform rating.

The analyst comments "We are buyers of MRVL following its Beat and Raise AprQ print. The company reiterated its multi-generational programs... More

Dell (DELL) PT Raised to $125 at JPMorgan

May 30, 2025 4:18 AM EDT

JPMorgan analyst Samik Chatterjee raised the price target on Dell (NYSE: DELL) to $125.00 (from $111.00) while maintaining a Overweight rating.

The analyst comments "AI server demand and orders in F1Q as well as greater than typical deployment expectations for F2Q were the bright spot in an otherwise subdued outlook, with traditional Enterprise demand drivers softer and driving incremental caution into the back half of the year. Diving first into the highlight of the quarter, AI backlog expanded to $14.4 bn by F1Q-end, led by a record $12.1 bn of orders in... More

Dell (DELL) PT Raised to $150 at Raymond James

May 30, 2025 4:12 AM EDT

Raymond James analyst Simon Leopold raised the price target on Dell (NYSE: DELL) to $150.00 (from $144.00) while maintaining a Outperform rating.

The analyst comments "We maintain our Outperform rating on DELL following its F1Q26 report that reflected a beat on the top-line, but... More

Marvell (MRVL) PT Raised to $73 at Morgan Stanley

May 30, 2025 4:04 AM EDT

Morgan Stanley analyst Joseph Moore raised the price target on Marvell (NASDAQ: MRVL) to $73.00 (from $70.00) while maintaining a Equalweight rating.

The analyst comments "Thoughts on the stock: This has been an expectations miss ytd, including to some degree this quarter, but the... More

Dell earnings preview: Analyst expects a slight April quarter beat

May 29, 2025 1:00 PM EDT

Dell Technologies (NYSE: DELL) is set to report its fiscal first-quarter results on May 29 after the close, and analysts at both Barclays and Morgan Stanley are positive, highlighting steady PC demand and growing interest in AI infrastructure, despite margin pressures and a volatile tariff environment.

Barclays expects April quarter revenues to benefit modestly from a pull-in of PC demand ahead of U.S. tariffs, though margin headwinds... More

Wolfe on NVIDIA (NVDA): 'we think the pain trade for NVDA is higher'

May 29, 2025 9:13 AM EDT

Wolfe Research analyst Chris Caso reiterated an Outperform rating and $170.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "The report was favorable in that all of the investor concerns heading into the quarter have by now been addressed - rack production, China (now out of numbers) and AI diffusion (not being enforced). The most... More

Edgewater Comments on NVIDIA (NVDA)

May 29, 2025 8:35 AM EDT

Edgewater Comments on NVIDIA (NASDAQ: NVDA)

"Solid underlying fundamentals in noisy quarter, deployment metrics encouraging."... More

Baird Reiterates Outperform Rating on NVIDIA (NVDA)

May 29, 2025 6:59 AM EDT

Baird analyst Tristan Gerra reiterated an Outperform rating and $195.00 price target on NVIDIA (NASDAQ: NVDA).

The analyst comments "Our $190B+ DC revenue estimate remains intact for this year, up nearly 70% YoY, embedding a sharp 2H re-acceleration. Our industry checks suggest no change in... More