Marvell Technology (MRVL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this chipmaker have returned +5.6% over the past month versus the Zacks S&P 500 composite's +0.8% change. The Zacks Technology Services industry, to which Marvell belongs, has lost 1.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media release ...

In the latest trading session, Marvell Technology (MRVL) closed at $73.34, marking a +1.97% move from the previous day. This change outpaced the S&P 500's 0.15% gain on the day. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq increased by 0.32%.Shares of the chipmaker witnessed a loss of 0.61% over the previous month, beating the performance of the Business Services sector with its loss of 0.73% and underperforming the S&P 500's gain of 1.65%.Analysts and investors a ...

Investors have high expectations for this leading data center supplier.Share prices of Marvell Technology (MRVL 1.18%) surged to new highs this year, as investors anticipate strong artificial intelligence (AI) demand boosting the company's data center solutions business.Earlier this week, KeyBanc analysts maintained their overweight (buy) rating on the shares but reduced their price target from $95 to $90 after noting the potential for product delays to negatively impact the company's growth this year. The ...

The diversified chipmaker has plenty of irons in the fire.Marvell Technology's (MRVL 2.50%) stock is up nearly 50% over the past three years and outperformed the S&P 500's gain of about 30%. The chipmaker grew rapidly through acquisitions and sold plenty of chips for the cloud, 5G, automotive, enterprise networking, and AI markets.Given all this past growth, can its stock keep rising over the next three years?What does Marvell Technology do?Marvell's data processing units (DPUs) bundle together CPUs, networ ...

While the stock market exhibits signs of slowing down, the artificial intelligence hype persists, presenting investment opportunities for traders. Among these opportunities are lesser-known names that offer significant value and potential.In this regard, Finbold conducted an analysis, considering fundamental indicators, as well as real-world events that could impact the stock market. From this analysis, two stocks were identified with the potential for substantial gains in the future.Marvell Technology (NAS ...

JHVEPhoto Marvell Technology (NASDAQ:MRVL) has had a tale of two cities given that it is one of the main beneficiaries of the growing demand for AI data centers, but at the same time, its enterprise and carrier businesses are experiencing a cyclical downturn. As a result, we are not seeing strong growth at the company level given the strong growth from the data center end market is offset by weakness in these other markets. That said, I think for forward looking investors, the second half of FY2025 coul ...

In the latest market close, Marvell Technology (MRVL) reached $73.59, with a +0.53% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.72%. Elsewhere, the Dow saw a downswing of 1%, while the tech-heavy Nasdaq depreciated by 0.95%.Shares of the chipmaker have depreciated by 7.75% over the course of the past month, underperforming the Business Services sector's loss of 0.92% and the S&P 500's gain of 2.16%.The investment community will be closely monitoring ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Marvell Technology (MRVL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Marvell currently has an average ...

Fool.com contributor Parkev Tatevosian forecasts where Marvell (MRVL -0.07%) stock could be by the end of 2024. *Stock prices used were the afternoon prices of March 21, 2024. The video was published on March 23, 2024. ...

At first glance, predicting that a stock is poised to increase 50% is a bold move for any individual analyst. To a degree that's certainly true, but these days there are several market pundits who are very bullish on Marvell Technology (MRVL 0.49%) stock.Among these optimists, Piper Sandler's Harsh Kumar is one of the more bullish, and he definitely considers the stock a buy right now. Let's see if he's justified in his view.Marvell is a potential 49% gainerMore than a few pundits and investors were disappo ...