Marvell stock surges 7% as analysts raise price targets ahead of earnings
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Marvell (MRVL) PT Raised to $230 at Susquehanna, 'XPU Attach and 800G DSP Momentum Continues'
May 26, 2026 7:58 AM EDTSusquehanna analyst Christopher Rolland raised the price target on Marvell (NASDAQ: MRVL) to $230.00 (from $100.00) while maintaining a Positive rating.
The analyst comments "Marvell reports earnings on Wednesday, May 27. We expect better results/guidance driven by strength from both Inphi and Custom XPU/XPU attach. Regarding their custom XPU/attach business, checks were generally constructive as 2026 Amazon capex was revised higher to ~ $218B (from ~$200B previously) following AWSs 1Q earnings report. Additionally, Anthropic recently announced a new agreement with Amazon for up to ~5 GW of compute, a... More
