Marvell Technology(US:MRVL) Benzinga·2025-12-23 18:01Core Insights - Financial giants have shown a bullish sentiment towards Marvell Technology, with 47% of traders being bullish and 39% bearish, indicating a positive outlook on the stock [1] - The predicted price range for Marvell Tech is between $62.5 and $160.0, suggesting significant interest from large players in this corridor [2] - The average open interest for Marvell Tech options is 1991.37, with a total volume of 5,391.00, reflecting active trading in the options market [3] Options Activity - Noteworthy options activity includes a mix of bullish and bearish trades, with significant call options indicating bullish sentiment and put options reflecting bearish views [8] - Specific trades include a bearish put option with a total trade price of $283.4K and a bullish call option with a total trade price of $119.8K, showcasing diverse trading strategies [8] Company Overview - Marvell Technology is a fabless chip designer with a strong focus on wired networking, holding the second-highest market share in this sector [10] - The company serves various markets, including data centers, carriers, enterprises, automotive, and consumer segments, with a range of products such as processors and transceivers [10] Market Status - Analysts have set an average price target of $115.0 for Marvell Tech, with individual targets ranging from $90 to $135, indicating a generally positive outlook among experts [11][12] - The stock price of MRVL has increased by 3.77%, reaching $88.0, with a trading volume of 5,317,545, suggesting strong market interest [14]