Marvell Technology Stock Surges on Analyst Price Target Hikes
Marvell Technology (MRVL) stock is rising sharply today after two major analysts raised their price targets for the AI infrastructure company. Rosenblatt analyst Sajal Dogra increased his target to $300 from $240, while Susquehanna lifted its estimate to $265 from $230 — both maintaining positive ratings on the stock. Analysts are optimistic about Marvell's upcoming Q2 2027 earnings report due out Thursday and expect strong performance driven by continued AI networking growth. The market reaction has been significant, with shares up over 4.8% as of midday trading. The price target increases imply potential upside gains of around 31% (Rosenblatt) or 16% (Susquehanna), based on Marvell's closing price from the previous day. Investors are advised to closely monitor Marvell’s Q2 financial results, with expectations for revenue near $2.7 billion and earnings per share between $0.32 and $0.42.
Tickers: $MRVL
Topics: AI infrastructure Marvell Technology price target raises Rosenblatt Susquehanna