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 ...
The hardest thing about making custom AI chips for large, demanding customers might be the expectations that go with it.
Marvell reported their FY2025 Q4 results just days ago and showed respectable results as a whole. Read why I think MRVL stock ...
The chipmaker fell sharply early Thursday as its slight earnings outlook failed to impress investors looking for a boost to ...
Marvell Technology shares plummeted more than 17% after the chipmaker’s guidance fell short of some elevated buyside ...
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Nvidia sells the lion’s share of the parallel compute underpinning AI training, and it has a very large – and probably ...
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