Marvell Technology (NASDAQ:MRVL) Stock Price Down 4.4% on Analyst Downgrade
Marvell Technology, Inc. (NASDAQ:MRVL – Get Free Report) shares were down 4.4% on Friday after Stifel Nicolaus lowered their price target on the stock from $130.00 to $115.00. Stifel Nicolaus currently has a buy rating on the stock.
Why Marvell Technology Stock Is Plummeting Today
The stock of Marvell Technology (NASDAQ: MRVL) is getting hit with big sell-offs on Thursday following the company's recent earnings report. Sell-offs for Marvell after earnings are also triggering valuation pullbacks for other artificial intelligence (AI) and semiconductor stocks.
Marvell reported record Q4 FY2025 revenue of $1.817 billion, driven by strong data center demand. Find out why I rate MRVL ...
Marvell Technology (NASDAQ:MRVL – Free Report) had its target price cut by Bank of America from $150.00 to $120.00 in a ...
The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to ...
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it.
Marvell Technology tumbled 16% and dragged down rival chipmakers on Thursday, after an in-line revenue forecast gave ...
Marvell's high-double digits growth observed in its data center segment cannot be ignored. Read why MRVL stock's rapid ...
Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably ...
Stocktwits on MSN7h
Navitas, Astera Labs, Broadcom, Rigetti, Marvell: Top 5 Chip Stocks With Highest Retail Buzz Last WeekNavitas Semiconductor Corp. witnessed a surge in message volume among retail investors on Stocktwits last week. One of the ...
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