BBenchmark MMarvell · MRVL
Benchmark Reiterates Buy on Marvell, $275 PT
Rating
Buy
Price target
$275
Previous
—
Implied upside
+14%
Benchmark analyst Cody Acree reiterated a Buy rating and $275 price target on Marvell (NASDAQ: MRVL) on August 28, 2026.
“We reiterate our Buy & $275 PT. Marvell fell about 7.5% after hours to $223, broadly matching the expectation reset we outlined in our preview.
The $2.739B/$0.94 Q2 only modestly exceeded Street and the $3.15B/$1.10 Q3 guide was a comparatively measured raise.
In our opinion, that was insufficient against a stock up roughly 28% in one month and 196% in six months, particularly one day after NVIDIA established a much higher AI earnings-season benchmark.”
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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