Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) has become one of the loudest AI infrastructure stories of the year. Management’s May earnings call raised its multiyear outlook and expanded its NVIDIA partnership. With shares up 179.61% year to date, the question is how much upside remains.
Our 24/7 Wall St. price target for Marvell is $288.12, pointing to 21.43% upside from the recent close of $237.27. Our recommendation is buy, with high confidence.
24/7 Wall St. Price Target Summary
| Metric | Value |
|---|---|
| Current Price | $237.27 |
| 24/7 Wall St. Price Target | $288.12 |
| Upside | 21.43% |
| Recommendation | BUY |
| Confidence Level | 90% |
What Just Repriced the Story
MRVL rallied 9.3% in the past week and 21.71% in the past month,…
