Marvell Technology (NASDAQ:MRVL) and Nvidia (NASDAQ:NVDA) arise as leaders in artificial intelligence semiconductor firms in 2025, according to an extensive outlook by Barclays. Broadcom (NASDAQ:AVGO),
Marvell Technology (NASDAQ:MRVL – Free Report) had its price objective increased by Barclays from $115.00 to $150.00 in a report issued on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the semiconductor company’s stock.
Barclays analyst Tom O’Malley raised the firm’s price target on Marvell (MRVL) to $150 from $115 and keeps an Overweight rating on the shares
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $106.0 to $155.0 for Marvell Tech over the recent three months.
Broadcom received a price target boost Friday from an analyst at Barclays. In a research report on Friday, analyst Thomas O'Malley adjusted his price target for Broadcom from $205 to $260. The new target represents a roughly 10% upside from its current levels. Barclays maintains a buy rating for Broadcom stock.
Barclays highlights Broadcom (NASDAQ:AVGO), Credo Technology (NASDAQ ... $21 billion in AI-related chip sales by fiscal 2026, while Marvell's ASIC revenue could hit $4 billion in calendar 2026.
Marvell Technology, Inc. (NASDAQ:MRVL – Get Free Report)’s stock price was up 6.1% during mid-day trading on Monday after Barclays raised their price target on the stock from $115.00 to $150.00.
Nvidia's AI dominance remains strong, but Barclays warns the semiconductor race is shifting--Marvell, Broadcom, and Lumentum are rising fast.
Marvell Technology (NASDAQ:MRVL) and Nvidia (NASDAQ:NVDA) arise as leaders in artificial intelligence semiconductor firms in 2025, according to an extensive outlook by Barclays. Broadcom (NASDAQ ...
Barclays highlights Broadcom (NASDAQ:AVGO), Credo Technology (NASDAQ:CRDO), and Lumentum Holdings ... Broadcom is expected to see $21 billion in AI-related chip sales by fiscal 2026, while Marvell's ASIC revenue could hit $4 billion in calendar 2026.
Marvell Technology (MRVL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Mid Cap Growth Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here.