Marvell price target raised to $80 from $73 at Morgan Stanley

Published 30/07/2025, 13:32
Marvell price target raised to $80 from $73 at Morgan Stanley

Investing.com - Morgan Stanley (NYSE:MS) has raised its price target on Marvell (NASDAQ:MRVL) to $80.00 from $73.00 while maintaining an Equalweight rating on the stock. According to InvestingPro data, the stock is currently trading near its Fair Value, with analysts setting targets ranging from $64.31 to $133.00.

The firm increased its 2026 multiple from 32x to 35x on $2.28 of MW EPS, which translates to approximately 25x non-GAAP EPS of $3.15.

Morgan Stanley noted that Marvell is "firmly in the AI winners camp," though market sentiment has turned "aggressively negative" compared to a few months ago.

The investment bank expressed greater enthusiasm for Marvell’s opportunity in optical technology, which it believes offers higher margins and more durability compared to the company’s ASIC opportunity.

Morgan Stanley specifically mentioned that Marvell’s ASIC opportunity "has disappointed," contrasting with its more positive outlook for the optical segment.

In other recent news, Marvell Technology, Inc. announced a collaboration with Rebellions Inc. to develop custom AI systems aimed at supporting regionally driven AI initiatives in Asia-Pacific and the Middle East. This partnership will leverage Marvell’s advanced platforms to create energy-efficient AI systems at scale. Additionally, Marvell has appointed Rajiv Ramaswami, CEO of Nutanix (NASDAQ:NTNX), to its Board of Directors, bringing over 30 years of technology industry experience to the company. In analyst coverage, Stifel reiterated its Buy rating on Marvell with a price target of $80, reflecting confidence in the company’s growth prospects. Meanwhile, Goldman Sachs initiated coverage with a Neutral rating and a $75 price target, highlighting Marvell’s role as a leader in optical DSPs and its recent customer wins. These developments come amidst a broader industry context where companies like Microsoft (NASDAQ:MSFT) are adjusting their AI chip roadmaps due to development delays.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.