Marvell Stock (NASDAQ:MRVL) Price Target Raised to $100
Marvell’s stock (NASDAQ: MRVL) has been given a boost as Susquehanna analyst Christopher Rolland raised the firm’s price target on the stock to $100 from $80, reaffirming a Positive rating. This adjustment reflects growing confidence in Marvell’s strategic positioning and anticipated financial performance, particularly its strength in the data center market and custom ASIC solutions.
The shift to the upside will come as welcome news to MRVL bulls who have seen the stock drop 26.22% since the start of the year, massively underperforming peers.
Marvell’s financial performance has been significantly boosted by the growth in its data center segment. In the second quarter of fiscal year 2026, the company reported record revenue of $2.006…
