Marvell Technology Inc. (NASDAQ:MRVL) shares traded higher on Wednesday after the company reported strong third-quarter earnings.MRVL stock is racing ahead of the pack. Check the market position here.Wall Street analysts raised their price forecasts on the stock after the upbeat results.Rosenblatt analyst Kevin Cassidy maintained Marvell with a Buy and raised the price forecast from $95 to $120.Benchmark analyst Cody Acree reiterated a Buy rating for Marvell and raised the price forecast from $95 to $130.JP ...

Core Insights - Marvell Technology is a significant player in the semiconductor industry, focusing on data infrastructure technology and competing with major companies like Intel and Broadcom [1] Financial Performance - KeyBanc has set a new price target for Marvell at $130, indicating a potential increase of about 40% from the current trading price of $92.89 [2][5] - Following the acquisition announcement, Marvell's shares surged by 9% in premarket trading, reflecting positive market reception [3][5] - The stock is currently priced at $92.89, with a trading volume of 38.08 million shares on the NASDAQ exchange [3] Market Activity - Marvell's stock has shown significant volatility, with a 52-week high of $127.48 and a low of $47.09, indicating active trading and investor interest [4] - The current market capitalization of Marvell stands at approximately $80.09 billion [4] Strategic Moves - Marvell's acquisition of Celestial AI for $3.25 billion is seen as a strategic move to enhance its capabilities in next-generation AI infrastructure, boosting investor confidence [2][5]

Marvell stock costs a lot -- and it's worth every penny.Semiconductor giant Marvell Technology (MRVL +3.99%) gained 4% through 12:05 p.m. ET Wednesday after eking out small wins on sales and earnings in its fiscal Q3 2026 report last night.Analysts forecast Marvell would earn $0.74 per share, pro forma, on sales of $2.07 billion. Marvell actually earned $0.76 per share on sales of $2.075 billion. Marvell Q3 earningsThat may not sound like much of a beat, but put it in context: Marvell grew sales a powerful ...

Marvell Technology Inc. (NASDAQ:MRVL) posted better-than-expected earnings for the third quarter and also announced the acquisition of Celestial AI on Tuesday.Marvell reported quarterly adjusted earnings of 76 cents per share, which beat the analyst estimate of 73 cents, according to Benzinga Pro. Quarterly revenue came in at $2.08 billion, which beat the Street estimate of $2.07 billion and was up from revenue of $1.52 billion from the same period last year.Marvell also announced the acquisition of Celesti ...

Marvell Technology Inc. (NASDAQ:MRVL) posted better-than-expected earnings for the third quarter and also announced the acquisition of Celestial AI on Tuesday.Marvell reported quarterly adjusted earnings of 76 cents per share, which beat the analyst estimate of 73 cents, according to Benzinga Pro. Quarterly revenue came in at $2.08 billion, which beat the Street estimate of $2.07 billion and was up from revenue of $1.52 billion from the same period last year.Marvell also announced the acquisition of Celesti ...

Marvell Technology Inc (NASDAQ:MRVL) just put a very loud stake in the ground: revenue could reach roughly $10 billion next year, CEO Matt Murphy said in the company's third quarter earnings call Q&A, and the market's reaction feels like it's still absorbing the size of that ambition. What sounded like cautious guidance quickly morphed into something closer to a multi-year AI supercycle roadmap.Sequential Growth Every Quarter — And Acceleration AheadMurphy didn't hedge. "You're absolutely in the ballpark wh ...

### Key Takeaways* Marvell Technology reported a quarterly profit ahead of analyst' estimates, thanks in part to strong data center demand.* The semiconductor company also said it is acquiring Celestial AI in a $3.25 billion deal.Marvell Technology ([MRVL](https://www.investopedia.com/markets/quote?tvwidgetsymbol=MRVL)) shares jumped Wednesday after the semiconductor company topped profit estimates on strong data center demand and announced an AI acquisition.The shares were up close to 5% in recent trading, ...

Key Takeaways MRVL beat Q3 earnings and revenue estimates as results rose sharply from last year's levels.MRVL's growth was fueled by data center strength and recoveries in enterprise networking and carrier markets.MRVL issued strong Q4 guidance, projecting about $2.20B in revenues and higher non-GAAP EPS.Marvell Technology, Inc. (MRVL) came out with third-quarter fiscal 2026 earnings of 76 cents per share, beating the Zacks Consensus Estimate by 1.3%. The company reported earnings of 43 cents per share a y ...

lupmotion / Shutterstock.com Quick Read Deutsche Bank reiterated a buy rating on Marvell, raising their price target to $125 from $90. Bank of America analysts just reiterated a buy rating on Amazon, with a price target of $303 from $272 a share. Analysts at Deutsche Bank reiterated a buy rating on Broadcom ahead of earnings on December 11, 2025. Some investors get rich while others struggle because they never learned there are two completely different strategies to building wealth. Don’t make the ...

Shares of Marvell Technology Inc (NASDAQ:MRVL) are up 7.1% to trade at $99.51 at last check, following a third-quarter earnings and revenue beat. The semiconductor staple also issued a strong growth outlook for its data centers and announced the acquisition of AI startup Celestial AI in a deal worth roughly $3.25 billion. The security has attracted no fewer than 17 price-target hikes in response, including from Oppenheimer $150 from $115. Analysts were already bullish coming into today, with 25 of the 35 in ...