Marvell forecasts second-quarter revenue above estimates on strong demand for custom AI chips
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Barclays Reiterates Overweight Rating on Marvell (MRVL)
May 30, 2025 4:56 AM EDTBarclays 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 EDTBofA 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 EDTWolfe 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
Marvell (MRVL) PT Lowered to $133 at Evercore ISI, 'we are buyers'
May 30, 2025 4:22 AM EDTEvercore 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
Marvell (MRVL) PT Raised to $73 at Morgan Stanley
May 30, 2025 4:04 AM EDTMorgan 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
