Here are Thursday's biggest analyst calls: Nvidia, Apple, Tesla, Target, Planet Fitness, Snowflake, Sunrun, Zoom & more
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2025
0mins
Should l Buy MRVL?
Source: CNBC
Goldman Sachs and Other Analysts' Ratings: Goldman Sachs maintains a buy rating on Apple, anticipating advancements in AI integration, while Needham initiates coverage of Philip Morris with a buy rating due to its market leadership in smoke-free products. Bank of America downgrades Target to neutral due to uncertain outlook, and other firms like Oppenheimer and RBC upgrade stocks such as Nvidia and Dana based on strong performance expectations.
Market Reactions and Future Outlooks: Several companies received upgrades or downgrades based on their recent earnings reports, including Urban Outfitters and Planet Fitness being upgraded for positive growth prospects, while Sunrun was downgraded over concerns regarding solar tax credit changes. Additionally, analysts express optimism about Zoom's pricing power returning amid easing revenue headwinds.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MRVL?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on MRVL
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
22 Buy
8 Hold
0 Sell
Moderate Buy
Current: 74.210
Low
85.00
Averages
120.12
High
156.00
Current: 74.210
Low
85.00
Averages
120.12
High
156.00
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.
U.S. Stocks Surge as Tech Earnings Boost Market Sentiment
- Market Performance: The S&P 500 Index rose by 1.10%, and the Dow Jones Industrial Average increased by 1.60%, reaching an all-time high, reflecting positive market sentiment driven by strong tech earnings results.
- Tech Stock Recovery: Gen Digital and Roblox surged over 7% and 9%, respectively, after forecasting full-year adjusted EPS and bookings above consensus, indicating a robust recovery in the tech sector that may attract more investment.
- Consumer Confidence Boost: The University of Michigan's consumer sentiment index unexpectedly rose to 57.3, a six-month high, surpassing expectations of 55.0, reflecting optimistic consumer sentiment about the economic outlook, which supports further market gains.
- Inflation Expectations Shift: While short-term inflation expectations fell, long-term expectations ticked up slightly, indicating market concerns regarding the Fed's monetary policy, which could influence future investment decisions and market volatility.
See More
U.S. Stocks Surge as Tech Earnings Boost Market Sentiment
- Tech Stock Rebound: The S&P 500 rose by 1.20% and the Dow Jones Industrial Average surged by 1.48%, reaching an all-time high, driven by better-than-expected tech earnings that boosted investor confidence in the sector's recovery.
- Bitcoin Recovery: Bitcoin rebounded over 7% from a 1.25-year low, lifting cryptocurrency-exposed stocks and alleviating concerns about liquidity in the crypto market, indicating renewed investor interest in digital assets.
- Amazon Investment Concerns: Amazon's announcement of a $200 billion investment in data centers, chips, and other equipment led to a more than 9% drop in its stock, raising doubts about the long-term returns of its AI investments and potentially impacting future investor confidence.
- Earnings Season Insights: With 79% of S&P 500 companies exceeding expectations and Q4 earnings projected to grow by 8.4%, this indicates strong corporate profitability, which may provide ongoing support for the market despite economic uncertainties.
See More
Big Tech's Capital Expenditure Outlook Amid Market Concerns
- Capital Expenditure Trends: Gary Black, managing partner at Future Fund, noted that capital expenditure budgets typically start high at the beginning of the year and shrink as companies reassess their needs, indicating that short-term financial impacts will be minimal.
- Return on Investment Expectations: Black emphasized that despite big tech companies planning to invest over $630 billion in AI buildouts for 2026, tech CEOs will eventually realize that declining ROI necessitates scaling back future capex plans.
- Company Financial Performance: Alphabet, Google's parent company, is guiding its 2026 capex between $175 billion and $185 billion, significantly above the street's $120 billion expectation, while Meta's capex has also risen sharply to between $115 billion and $135 billion, reflecting strong confidence in future growth.
- Market Reaction Analysis: Despite market concerns over massive expenditures, Nvidia CEO Jensen Huang stated that these investments are “appropriate and sustainable,” noting that companies will see positive cash flow impacts during this critical infrastructure buildout phase.
See More
Wall Street's Latest Rating Changes Overview
- Amazon Downgrade: DA Davidson downgraded Amazon from Buy to Neutral, citing concerns that Amazon Web Services (AWS) is losing market share amid competition from Microsoft and Google, indicating a potential need for increased investment to regain its leading position in the cloud computing sector.
- Merit Medical Initiation: BTIG initiated coverage on Merit Medical with a Buy rating, highlighting its comprehensive product portfolio used across various interventional procedures, which underscores the company's high-quality positioning and growth potential in the medical device market.
- JBS Buy Rating: UBS initiated coverage on Brazilian meat company JBS with a Buy rating and a price target of $19.5 per share, implying a 23% upside, reflecting market confidence in its re-rating and potential stock price appreciation.
- Vistra Upgrade: Goldman Sachs upgraded Vistra from Neutral to Buy, projecting a potential EBITDA increase of 3-9% by 2028, indicating investor optimism regarding its future profitability and growth prospects in the nuclear energy sector.
See More
Semiconductor Sector Approaches $1 Trillion Milestone Amid AI Boom
- Google's CapEx Boost: Google projects capital expenditures between $175 billion and $185 billion, significantly exceeding expectations, which serves as a robust tailwind for suppliers like Broadcom and Nvidia, further propelling growth in the semiconductor sector.
- Revenue Milestone: The semiconductor industry is set to reach $1 trillion in annual revenue by 2026, with global sales hitting $791.7 billion in 2025 and projected to grow by 26%, showcasing the strong demand for chips driven by artificial intelligence.
- Surging Demand Impact: The skyrocketing demand for new data center systems has resulted in substantial profits for companies like Nvidia and Micron, with the industry's growth rate surpassing earlier forecasts, indicating sustained strong demand for semiconductors.
- Long-Term Growth Outlook: Despite anticipated market fluctuations, SIA CEO Neuffer stated that the overall market continues to expand, maintaining an optimistic long-term growth outlook for the semiconductor industry, as the widespread application of AI technology continues to drive sector development.
See More
US Stocks Plunge Sharply, Led by Technology Sector Declines
- Technology Sector Decline: Qualcomm (QCOM) forecasts Q2 revenue between $10.2 billion and $11.0 billion, below the consensus of $11.18 billion, leading to an over 8% drop in its stock and exacerbating the overall decline in the Nasdaq 100 index, heightening market panic.
- Weak Labor Market Signals: Challenger's report shows January job cuts surged 117.8% year-on-year to 108,435, marking the highest level since 2009, indicating fragility in the US labor market and increasing investor concerns about economic outlook.
- Bitcoin Price Crash: Bitcoin (^BTCUSD) is down more than 7% today, hitting a 1.25-year low and falling about 45% from its October record high, reflecting negative sentiment in the cryptocurrency market and a trend of capital outflows.
- Impact of Earnings Season: Despite 150 S&P 500 companies set to report earnings this week and 81% of the 237 companies that have reported exceeding expectations, market concerns over future economic data continue to suppress stock performance, with S&P earnings growth expected to reach 8.4% in Q4.
See More
U.S. Stocks Surge as Tech Earnings Boost Market Sentiment
- Market Performance: The S&P 500 Index rose by 1.10%, and the Dow Jones Industrial Average increased by 1.60%, reaching an all-time high, reflecting positive market sentiment driven by strong tech earnings results.
- Tech Stock Recovery: Gen Digital and Roblox surged over 7% and 9%, respectively, after forecasting full-year adjusted EPS and bookings above consensus, indicating a robust recovery in the tech sector that may attract more investment.
- Consumer Confidence Boost: The University of Michigan's consumer sentiment index unexpectedly rose to 57.3, a six-month high, surpassing expectations of 55.0, reflecting optimistic consumer sentiment about the economic outlook, which supports further market gains.
- Inflation Expectations Shift: While short-term inflation expectations fell, long-term expectations ticked up slightly, indicating market concerns regarding the Fed's monetary policy, which could influence future investment decisions and market volatility.
See More
U.S. Stocks Surge as Tech Earnings Boost Market Sentiment
- Tech Stock Rebound: The S&P 500 rose by 1.20% and the Dow Jones Industrial Average surged by 1.48%, reaching an all-time high, driven by better-than-expected tech earnings that boosted investor confidence in the sector's recovery.
- Bitcoin Recovery: Bitcoin rebounded over 7% from a 1.25-year low, lifting cryptocurrency-exposed stocks and alleviating concerns about liquidity in the crypto market, indicating renewed investor interest in digital assets.
- Amazon Investment Concerns: Amazon's announcement of a $200 billion investment in data centers, chips, and other equipment led to a more than 9% drop in its stock, raising doubts about the long-term returns of its AI investments and potentially impacting future investor confidence.
- Earnings Season Insights: With 79% of S&P 500 companies exceeding expectations and Q4 earnings projected to grow by 8.4%, this indicates strong corporate profitability, which may provide ongoing support for the market despite economic uncertainties.
See More
Big Tech's Capital Expenditure Outlook Amid Market Concerns
- Capital Expenditure Trends: Gary Black, managing partner at Future Fund, noted that capital expenditure budgets typically start high at the beginning of the year and shrink as companies reassess their needs, indicating that short-term financial impacts will be minimal.
- Return on Investment Expectations: Black emphasized that despite big tech companies planning to invest over $630 billion in AI buildouts for 2026, tech CEOs will eventually realize that declining ROI necessitates scaling back future capex plans.
- Company Financial Performance: Alphabet, Google's parent company, is guiding its 2026 capex between $175 billion and $185 billion, significantly above the street's $120 billion expectation, while Meta's capex has also risen sharply to between $115 billion and $135 billion, reflecting strong confidence in future growth.
- Market Reaction Analysis: Despite market concerns over massive expenditures, Nvidia CEO Jensen Huang stated that these investments are “appropriate and sustainable,” noting that companies will see positive cash flow impacts during this critical infrastructure buildout phase.
See More
Wall Street's Latest Rating Changes Overview
- Amazon Downgrade: DA Davidson downgraded Amazon from Buy to Neutral, citing concerns that Amazon Web Services (AWS) is losing market share amid competition from Microsoft and Google, indicating a potential need for increased investment to regain its leading position in the cloud computing sector.
- Merit Medical Initiation: BTIG initiated coverage on Merit Medical with a Buy rating, highlighting its comprehensive product portfolio used across various interventional procedures, which underscores the company's high-quality positioning and growth potential in the medical device market.
- JBS Buy Rating: UBS initiated coverage on Brazilian meat company JBS with a Buy rating and a price target of $19.5 per share, implying a 23% upside, reflecting market confidence in its re-rating and potential stock price appreciation.
- Vistra Upgrade: Goldman Sachs upgraded Vistra from Neutral to Buy, projecting a potential EBITDA increase of 3-9% by 2028, indicating investor optimism regarding its future profitability and growth prospects in the nuclear energy sector.
See More
Semiconductor Sector Approaches $1 Trillion Milestone Amid AI Boom
- Google's CapEx Boost: Google projects capital expenditures between $175 billion and $185 billion, significantly exceeding expectations, which serves as a robust tailwind for suppliers like Broadcom and Nvidia, further propelling growth in the semiconductor sector.
- Revenue Milestone: The semiconductor industry is set to reach $1 trillion in annual revenue by 2026, with global sales hitting $791.7 billion in 2025 and projected to grow by 26%, showcasing the strong demand for chips driven by artificial intelligence.
- Surging Demand Impact: The skyrocketing demand for new data center systems has resulted in substantial profits for companies like Nvidia and Micron, with the industry's growth rate surpassing earlier forecasts, indicating sustained strong demand for semiconductors.
- Long-Term Growth Outlook: Despite anticipated market fluctuations, SIA CEO Neuffer stated that the overall market continues to expand, maintaining an optimistic long-term growth outlook for the semiconductor industry, as the widespread application of AI technology continues to drive sector development.
See More
US Stocks Plunge Sharply, Led by Technology Sector Declines
- Technology Sector Decline: Qualcomm (QCOM) forecasts Q2 revenue between $10.2 billion and $11.0 billion, below the consensus of $11.18 billion, leading to an over 8% drop in its stock and exacerbating the overall decline in the Nasdaq 100 index, heightening market panic.
- Weak Labor Market Signals: Challenger's report shows January job cuts surged 117.8% year-on-year to 108,435, marking the highest level since 2009, indicating fragility in the US labor market and increasing investor concerns about economic outlook.
- Bitcoin Price Crash: Bitcoin (^BTCUSD) is down more than 7% today, hitting a 1.25-year low and falling about 45% from its October record high, reflecting negative sentiment in the cryptocurrency market and a trend of capital outflows.
- Impact of Earnings Season: Despite 150 S&P 500 companies set to report earnings this week and 81% of the 237 companies that have reported exceeding expectations, market concerns over future economic data continue to suppress stock performance, with S&P earnings growth expected to reach 8.4% in Q4.
See More
