Marvell Technology's Q2 revenue jumped 37% year-over-year, driven by a 46% increase in data center sales. Following this, the company raised its FY2027–FY2028 sales guidance significantly, with a new FY2028 sales target of $20 billion and FY2029 EPS forecast at $11.48. Despite some near-term risks, the strong AI-driven growth prospects justify a long-term Buy rating and a valuation range of $345–$400 per share. This upgrade reflects confidence in Marvell's accelerating earnings power and growth trajectory.
Marvell Technology shares are trading at USD 283.11 on Pluang, down 0.55% in the past day. The stock shows strong investor interest with 64% of orders to buy and a market cap of $257.94 billion as of Oct 08, 2026 13:01 WIB.
Bank of America raised its price target for Marvell Technology Inc to $400 from $365 following the company's optimistic 2030 sales outlook of $70 billion to $90 billion, with a midpoint of $80 billion. This implies a compound annual growth rate above...
After Marvell's October 6, 2026 Investor Day, multiple Wall Street firms upgraded their price targets, with some raising them to $400. Analysts highlight Marvell's strong AI connectivity business and project over $30 in EPS by fiscal 2031, driven by ...
Marvell Technology's stock has surged 216% this year, driven by strong AI data center growth, but reaching $1,000 per share by 2030 requires significant earnings expansion. Currently trading at about 47 times forward earnings, the stock faces valuati...
Marvell Technology's stock surged 231% year-to-date but still has about 42% upside to Wall Street's raised price targets following its October 2026 Investor Day. Several firms, including BofA, Needham, and Piper Sandler, raised their price targets to...
Marvell Technology's stock has surged over 200% in the past year due to booming AI data center demand. A $5,000 investment today could be worth about $6,763 by 2031, reflecting a 35.27% total return with an annualized gain of 6.23%. Key growth driver...
