Marvell Technology Inc's stock fell by 5.04% and hit a 5-day low during regular trading. This decline occurred despite the Nasdaq-100 rising by 0.34% and the S&P 500 gaining 0.09%, indicating a sector rotation in the market.
The drop in Marvell's stock price can be attributed to broader market strength, as the company faces challenges despite its recent acquisition of XConn Technologies for $540 million, aimed at enhancing its AI infrastructure. This acquisition is expected to bolster Marvell's competitive position in the data center market, but the stock's performance reflects investor caution amid ongoing competitive pressures in the semiconductor industry.
Investors are closely monitoring Marvell's strategic moves and market positioning, especially as the company anticipates revenue contributions from the acquisition in the coming years. The current market dynamics suggest that while Marvell is making significant investments to strengthen its portfolio, the immediate stock performance may be influenced by broader sector trends.
Wall Street analysts forecast MRVL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MRVL is 120.12 USD with a low forecast of 85.00 USD and a high forecast of 156.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
30 Analyst Rating
Wall Street analysts forecast MRVL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MRVL is 120.12 USD with a low forecast of 85.00 USD and a high forecast of 156.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Buy
8 Hold
0 Sell
Moderate Buy
Current: 81.770
Low
85.00
Averages
120.12
High
156.00
Current: 81.770
Low
85.00
Averages
120.12
High
156.00
Melius Research
Ben Reitzes
Hold
to
Buy
upgrade
$135
2026-01-05
Reason
Melius Research
Ben Reitzes
Price Target
$135
AI Analysis
2026-01-05
upgrade
Hold
to
Buy
Reason
Melius Research analyst Ben Reitzes upgraded Marvell to Buy from Hold with a $135 price target.
Citi
Buy
maintain
$114
2025-12-22
Reason
Citi
Price Target
$114
2025-12-22
maintain
Buy
Reason
Citi added an "upside 30-day catalyst watch" on shares of Marvell Technology into the Consumer Electronics Show. Citi views the concerns around XPU competition at two hyperscale customers as "misguided" and sees the post-earnings selloff in the shares as a buying opportunity. Marvell will highlight the growing adoption of scale-up networking at CES, the analyst tells investors in a research note. After meeting with management, the firm has increased conviction that Marvell will see accelerating sales growth in 2026 and 2027, driven by artificial intelligence data centers. It keeps a Buy rating on the shares with a $114 price target.
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Cantor Fitzgerald
C.J. Muse
Neutral
downgrade
$110 -> $100
2025-12-16
Reason
Cantor Fitzgerald
C.J. Muse
Price Target
$110 -> $100
2025-12-16
downgrade
Neutral
Reason
Cantor Fitzgerald analyst C.J. Muse lowered the firm's price target on Marvell to $100 from $110 and keeps a Neutral rating on the shares. The SOX is positioned to lead markets higher after outperforming the S&P by roughly 30 points in CY25, supported by the early stages of the AI era driving demand across compute, networking, memory, and equipment, the analyst tells investors in a research note. While cyclical factors may create mixed signals, the macro backdrop and expected exponential growth in AI infrastructure spending support a long position in the SOX and overweight exposure to AI-related plays into CY26, the firm says.
BofA
Vivek Arya
Neutral
downgrade
$105 -> $95
2025-12-16
Reason
BofA
Vivek Arya
Price Target
$105 -> $95
2025-12-16
downgrade
Neutral
Reason
BofA analyst Vivek Arya lowered the firm's price target on Marvell to $95 from $105 and keeps a Neutral rating on the shares. The firm is updating its price targets for U.S. Semiconductor stocks under its coverage, the analyst tells investors. BofA views 2026 as a midpoint for an 8 to 10 year journey upgrading traditional IT infrastructure for faster, AI workloads. While stocks may remain choppy amid greater scrutiny of AI returns and hyperscaler cash flows, this should be offset by faster large language model builders and AI factories, the firm adds.
About MRVL
Marvell Technology, Inc., together with its subsidiaries, is a supplier of data infrastructure semiconductor solutions, spanning the data center core to network edge. The Company is engaged in the design, development, and sale of integrated circuits. Its product solutions serve various end markets: data center, enterprise networking, carrier infrastructure, consumer, and industrial. Its product offerings include CXL, Data Processing Units, Security Solutions, Coherent DSPs, Coherent-lite DSPs, Data Center Switches, DCI Optical Modules, Enterprise Switches, Ethernet Controllers, Ethernet PHYs, PCIe Retimers, Linear Drivers, PAM DSPs, Transimpedance Amplifiers, Fiber Channel, HDD, Storage Accelerators, and SSD Controllers. The Company develops semiconductor solutions tailored to individual customer specifications that deliver system-level differentiation for artificial intelligence, data center, compute, networking, carrier, storage, aerospace, and defense applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
