Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years.
On June 24, 2026, Stifel raised its price target on Marvell Technology, Inc. (NASDAQ:MRVL) to $350 from $321 and kept a Buy rating
Stifel said its earlier view that analog players were positioned for a potential breakout in calendar year 2026 “has now been firmly validated,” pointing to Astera Labs (ALAB), Credo Technology (CRDO), and Marvell posting beat-and-raise quarters in calendar Q1. The firm also said episodic weakness in AI-levered names remains “a buying opportunity for long-term investors focused on clear technological innovators.” On June 23, BofA raised its price target on Marvell to $365 from $240 and kept a Buy rating. BofA updated its semiconductor industry models and price objectives, raising its calendar year 2030 total semiconductor industry addressable market forecast to $2.7T from $2.3T.
The firm said the increase was led mostly by growth in memory and data center, with additional support from recovery in auto and industrial markets. Pixabay/Public domain On June 12, B. Riley analyst Craig Ellis raised the firm’s price target on Marvell to $345 from $240 and kept a Buy rating.