Although Marvell Technology, Inc. (NASDAQ: MRVL) stock fell by more than 8% over the past 24 hours after its narrow earnings beat in the second quarter of fiscal 2027 against sky-high investor expectations, nearly a dozen Wall Street analysts have reiterated bullish sentiment for this company over the next 12 months. 

On August 28, Vivek Arya, an analyst at Bank of America Corp. (NYSE: BAC), maintained a ‘Buy’ rating for Marvell stock. He also reaffirmed this bank’s 12-month price target of MRVL at $365, signaling a potential 64.5% upside. 

Tore Svanberg, an expert at Stifel Nicolaus, reasserted a ‘Buy’ rating for MRVL, with a 12-month price target of $350. Earlier on Friday, John Vinh, an analyst at KeyBanc,…