Explore the latest developments concerning Marvell Stock Ignites.
Marvell Stock Ignites Rally After UBS Says 'AI Optics Boom Is Here'
Marvell Technology (NASDAQ:MRVL) shares climbed about 5% on Wednesday after analysts pointed to rising AI optics demand and UBS lifted its price target.
UBS analyst Timothy Arcuri kept a Buy rating and nudged his target to $110 from $105, citing stronger optics traction and early custom-chip wins with Microsoft (NASDAQ:MSFT).
The chipmaker, which supplies data-center and networking processors, is set to report third-quarter fiscal 2026 results on Dec. 2.
Is MRVL fairly valued? Test your thesis with our free DCF calculator.
MRVL has struggled this year and trades about 34% below prior levels amid U.S.China trade uncertainty and sharper competition in the AI chip space.
Marvell Technology: Why I Wouldn't Hold In Print (Rating Downgrade) (NASDAQ:MRVL)
Marvell Technology, Inc. (MRVL), is scheduled to report its Q3 FY 2026 earnings results on Tuesday, December 2nd, after the bell, and for anyone watching Marvell, the stock has a habit of crashing post-print, and we don’t expect
Don’t just invest—dominate with Tech Contrarians' realized return on closed positions of 65.8% since inception. You’ll get exclusive insights into high-focus stocks, curated watchlists, one-on-one portfolio consultations, and everything from live portfolio tracking to earnings updates on 50+ companies. Subscribe today for 20% off.
And remember, be the first to know, not the last to react.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
SEJOY 2-IN-1 Ladies Nose Hair Trimmer Male Ear Nose Hair Trimmer Small Electric Trimmer Male Nose Trimmer Business Trip Home Use
New Analyst Forecast: $MRVL Given $95 Price Target
Unlock the investing wisdom of Congress,
Wall Street, and thousands of other insiders
Be the first to see our newest insights and key updates across all datasets
Build and test your own strategies, using Quiver's Congressional trading datasets
Build and test your own strategies, using Quiver's Institutional holdings datasets
Our video reports and analysis, with early access to exclusive, subscriber-only videos
We just received data on a new analyst forecast for $MRVL. Kevin Cassidy from Rosenblatt set a price target of 95.0 for MRVL.
To track analyst ratings and price targets for $MRVL, check out Quiver Quantitative's $MRVL forecast page.
Some analysts are better than others. To view the past performance of Rosenblatt, check out Quiver’s Analyst Ratings dashboard. You can also see Quiver’s Analyst Buys Strategy, which uses a proprietary method to track the companies being recommended by the top Wall Street analysts.
For more detailed information, explore updates concerning Marvell Stock Ignites.