Raymond James Raises its Price Target on Marvell (MRVL) to $235 from $105

Marvell Technology, Inc. (NASDAQ:MRVL) is 1 of the

10 Best American Stocks to Buy and Hold for the Next Decade.

On May 28, 2026, Raymond James raised the firm’s terms people connected Marvell Technology, Inc. (NASDAQ:MRVL) to $235 from $105 and maintained a Strong Buy standing connected the shares. Raymond James said Marvell’s Q1 results showed continued spot and accelerating momentum, led by information halfway maturation successful customized compute and optical interconnect. The steadfast besides noted that absorption raised FY27-FY28 guidance, adjacent arsenic shares traded astir level aft the call.

Rosenblatt expert Kevin Cassidy besides raised the firm’s terms people connected Marvell Technology, Inc. (NASDAQ:MRVL) to $240 from $190 and maintained a Buy standing connected the shares. Cassidy said Marvell delivered “a somewhat muted bushed and raise,” with upside clouded by higher operating expenses, stock dilution from the Celestial AI acquisition, and a gross borderline headwind successful calendar 2027 from the Custom AI ASIC ramp.

Similarly, Benchmark raised the firm’s terms people connected Marvell to $275 from $130 and maintained a Buy rating. Benchmark said the stock’s determination looked much similar “valuation and expectations digestion” than a antagonistic readthrough connected demand, portion calling the higher FY27/FY28 gross way the stronger message.

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On May 27, 2026, Marvell Technology, Inc. (NASDAQ:MRVL) reported Q1 adjusted EPS of 80c, up of the statement estimation of 79c. Revenue totaled $2.418B, supra the statement estimation of $2.41B. Chairman and CEO Matt Murphy said Marvell delivered grounds first-quarter fiscal 2027 revenue, up 28% year-over-year, and guided second-quarter gross to $2.7 cardinal astatine the midpoint. Murphy said the institution is seeing “exceptional AI-related bookings,” driving a higher gross outlook for some fiscal 2027 and fiscal 2028.

Marvell Technology, Inc. (NASDAQ:MRVL), unneurotic with its subsidiaries, provides information infrastructure semiconductor solutions successful the United States and internationally.

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