MRVL Stock Recent News
MRVL LATEST HEADLINES
I reiterate my buy rating on Marvell, raising my price target to $108, driven by strong AI/data center demand and robust earnings growth. Marvell's Q1 results beat expectations, with data center revenue surging and management guiding for continued sales growth, especially in ASICs. Valuation remains attractive with a PEG below 1.5x and EPS compounding above 20%, supported by bullish analyst revisions and solid free cash flow.
AI Won't Run Without Marvell Technology
For much of the year, Marvell Technology (MRVL 0.56%) stock has been struggling. And its year-to-date performance (as of Aug. 4) still isn't good: It's down 31%.
Jim Cramer believes you should steer clear of the first growth stock. He believes better days are ahead for the second stock.
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?
In the latest trading session, Marvell Technology (MRVL) closed at $75.32, marking a -1.71% move from the previous day.
Marvell Technology's AI-driven chip business surges, but margin pressure and China risks weigh on investor sentiment.
If your nest egg is shored up and you have cash to spare that you don't require for bills or other near-term financial needs, you might consider investing that in the stock market. Artificial intelligence (AI) stocks aren't for everyone, but businesses with a habit of delivering growth to investors through both economic turbulence and calm can drive your portfolio forward in the long run.
After some ups and downs through the first half of the year, the S&P 500 is once again hitting new record highs as of the end of July. The strong performance of the benchmark index has been driven by growth stocks.
AI chip stocks fall as Trump puts steep tariffs on key partners such as China and Taiwan, raising trade tension in the sector. Big Tech's $250B AI capex surge continues, but chipmakers face headwinds from tariffs and geopolitical uncertainty.