Marvell Technology's stock dropped over 50% in one month following its all-stock acquisition of Lumentum, causing significant dilution concerns among investors. Despite the steep decline, analysts remain optimistic, with an average price target suggesting a 129.4% upside and Piper Sandler setting a $400 target, implying nearly 195% gains. The company's strong data center revenue growth and raised fiscal outlook support this bullish stance. The success of the Lumentum integration and margin improvements will be key to realizing this potential upside.
Marvell Technology's stock is currently trading at USD 146.61 on Pluang, showing a strong 9.78% gain in the last day despite recent volatility. Lumentum shares are also up 9.87%, priced at USD 560.00 as of Nov 06, 2026 20:51 WIB, reflecting active market interest in both companies post-acquisition.
Marvell Technology raised its fiscal 2028 revenue outlook to about $18 billion, signaling strong business momentum, yet its stock dropped over 30% recently due to concerns over dilution from an all-stock acquisition of Lumentum. Despite the selloff, ...
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Marvell Technology's stock fell 11.4% following rumors of a major acquisition deal with Lumentum, despite a strong 162% gain year-to-date. Analysts project that a $1,000 investment in Marvell could grow to about $1,549 by October 2030 under a base-ca...
Monteverde & Associates PC, a top-ranked class action law firm, is investigating the fairness of Lumentum Holdings Inc.'s proposed sale to Marvell Technology, Inc. Under the deal, Lumentum shareholders would receive 4.5 shares of Marvell stock for ea...
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