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 ...
Marvell Technology (MRVL) stock plunged about 15% in Wednesday’s extended trading session despite the chipmaker’s better-than ...
Marvell reported their FY2025 Q4 results just days ago and showed respectable results as a whole. Read why I think MRVL stock ...
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it.
The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to ...
Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably ...
Despite upbeat Q4 results, shares of Marvell Technology Inc (NASDAQ: MRVL) fell due to concerns over losing next-gen XPU at ...
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