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Marvell Technology, Inc. (MRVL)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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93.73+2.22 (+2.43%)
As of 11:57AM EST. Market open.
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  • r
    russell
    Ha!. This board went from silence to a lot of noise!. I am glad the folks who have been here are seeing the success that we had anticipated. I am holding for at least another year and beleive this being a $160 stock in that time frame.. Good luck.
  • j
    jake
    On our way to 100B market cap by year end, get in now before to late…
    Bullish
  • T
    Tambo210
    UBS analyst Timothy Arcuri keeps his Buy rating and $95 price target on Marvell after the appearance of its CEO Matt Murphy at the UBS Global TMT Conference. The tone of the presentation was "very bullish" and reflected the company's "strong" earnings report last week, particularly regarding its longer-term growth potential and sustainability, the analyst tells investors in a research note. Marvell remains one of the premier growth assets in semis focused on the fastest growth markets with a unique set of "world-class" intellectual property, Arcuri adds.

    Argus analyst Jim Kelleher raised the firm's price target on Marvell to $105 from $74 and keeps a Buy rating on the shares. The analyst cites the company's Q3 results coming in well above consensus estimates as Marvell experienced sequential and annual revenue acceleration in all of its end markets. Kelleher further states that Marvell's Inphi contribution is driving particularly strong growth in the data center business, while the addition of Innovium adds cloud-optimized switches that complement its Ethernet solution and add further capabilities and customers in data center.
  • R
    Richard
    Who cares if it pulls back. In the long run, this is a rocket ship. All aboard.
    Bullish
  • D
    Dominick
    Volume reaffirms this move up. Listened to the call with Arcuri from USB. Never heard Matt sound so excited. Gotta be a slight pull back soon then the next leg up. Can’t wait for next er.
  • R
    Ross
    hey, didn't I predict $90 ?
  • b
    bill
    Check out all the upgrades. Smart $$$ piling in.
    https://www.wsj.com/market-data/stocks/upgradesdowngrades
  • W
    William
    almost according to script. all-time high for Marvell with almost 2x the average volume with a couple of hours left. I have never made this much on a single equity with options in a single day in my 23+ years of trading. holy smokes, Batman!
    Bullish
  • H
    Hellrai$er
    Goldman admits to being wrong to stay on sidelines, upgrades Marvell to Buy

    Goldman Sachs analyst Toshiya Hari upgraded Marvell to Buy from Neutral with a price target of $95, up from $63. While acknowledging staying on the sidelines has been the wrong call with the stock up 49% year-to-date, Hari recognizes having underestimated the inflection in the company's fundamentals. The analyst believes the company is still in the early stage of its multi-year growth journey, given company-specific design wins that span the Data Center, 5G infrastructure, and Automotive end-markets. Hari expects revenue growth in excess of its long-term target, coupled with steady gross margins, to drive an EPS compound annual growth rate of 47% from FY22-25.

    (epic upgrade.. woo-hoo!)
    Bullish
  • f
    fausto
    Just in case you are interested, which I doubt, Please don't take any stock advice from me. Yesterday we (MRVL)was at $71. so I decided to sell off my gain and buy another stock. And what happened this morning? MRVL opened up to $87/ share. I think I'll go take a nap before I jump off the bridge.

    Have a MARVelous day.
  • D
    DonSanPablo
    MRVL has now broken out and is the one to buy hand over fist. Their guidance in this environment only spells out a continued repeat of today's beat quarter after quarter. The growth in the data center for the cloud on the edge for many to all things autonomous/remote in the evolution of 5g, the recently passed build back better inclusive of expanded communication and the future of car 2 car communication make Marvel Technolgy a must buy yesterday, today and tomorrow. Folks The after-hours breakout and the call by the top market bulls for an upcoming Santa Claus rally could now without resistance meet my target of a minimum $140+.
  • T
    Timothy123
    It's funny how some of us retired people need to worry about selling at too much of a gain and get affected by IRMAA, but what a great problem to have when you bought it all years ago around $8
  • D
    Dominick
    From the transcript of mrvl 2nd quarter cc:

    >>We project the strong growth in wireless in the double-digit sequentially and on a percentage basis to come from an increase in 5G deployments in multiple regions. In addition, we expect growth from 5G to significantly accelerate in the fourth quarter.<<

    “significantly accelerate in the fourth quarter”. If Murphy is right then mrvl fwd guidance should be strong.
  • H
    Hellrai$er
    Marvell initiated with an Outperform at KGI Securities

    KGI Securities initiated coverage of Marvell Technology Group with an Outperform rating and $105 price target.
    Bullish
  • R
    Ross
    futures are up again! 100 tomorrow folks?
  • D
    Dominick
    >>But UBS says investors are better off looking beyond the biggest AI names to stay clear of regulatory risk. Many smaller names are private, or spoken for, like Xilinx, which is being bought by Advanced Micro Devices (AMD). One chip up-and-comer is Marvell Technology (MRVL), valued at $69 billion. Bank of America recently called it the next $100 billion cloud leader.<<

    $100B? I think more.
  • R
    Ross
    All of you day-traders on this board (the minority) who want to bail out before the weekend, who are derailing because of a volatile market will sadly fail to get rich from this stock.. The train will move on without you and you'll be waiting and waiting for it to return to your buy-point and it won't happen.. If you just had the guts and backbone to stay long you would end up MUCH wealthier, but go ahead and sell and pay our taxes..
    Bullish
  • K
    KK
    Do people see this CEO successfully transform a company that was going to be de-listed on NasdaQ few years ago, a company that did not have an accounting department, a company that was operated by a family in Bermuda
    To
    a company that has turned itself around in every way?
  • D
    Dominick
    We could do 50 mil in vol today with a upside of 17%. A nice stamp of approval of MRVL’s results. Even if it goes down some, it won’t be for long.
  • W
    William
    Look at that sneaky little move in the last minute of trading (spike to day-high of 86.37). Ordinarily that might make nervous. But here is the bullish take. If QQQ & semis are solid tomorrow morning, they may start MRVL right at that spot. Wouldn't that be sweet. We shall see what's up in less than 1/2 a day. A special shout-out to the long-time Marvell longs.
    Bullish
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