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 Technology (NASDAQ:MRVL – Free Report) had its target price cut by Bank of America from $150.00 to $120.00 in a ...
Nvidia Corp.’s stock was among the many semiconductor stocks moving lower in Thursday morning action, in the wake of Marvell ...
The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to ...
Shareholders in Marvell Technology, Inc. ( NASDAQ:MRVL ) had a terrible week, as shares crashed 23% to US$70.84 in ...
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it.
Marvell Technology beat analysts' Q4 2025 earnings and revenue estimates, driven by robust data center growth.
Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably ...
The AI chipmaker offered an upbeat second-quarter outlook that was a silver lining in the otherwise downtrodden AI trade.
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