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 ...

For longtime shareholders of artificial intelligence (AI) semiconductor designer Marvell Technology (MRVL 1.20%) (myself included), it's been a tough run. The stock has trailed the total return of the chip industry average, as measured by both the iShares Semiconductor ETF and VanEck Semiconductor ETF on a three-, five-, and 10-year basis. Granted, Marvell has been rebuilding itself under CEO Matthew Murphy, who came over in 2016 from Maxim Integrated (which has since been acquired by Analog Devices). The c ...

Artificial intelligence (AI) has become the hottest investment theme, captivating the minds of both seasoned investors and newbies alike. This is not surprising, considering multiple research firms expect the AI market to be worth more than $1 trillion by 2030.With the AI trend having the potential to generate windfall returns, investor interest in AI stocks is at an all-time high. Two stocks, namely Nvidia (NVDA -0.12%) and Marvell Technology (MRVL 1.20%), can prove to be compelling additions to any AI-foc ...