Marvell custom AI event: Here are Wall Street takeaways
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Wolfe Research Reiterates Outperform Rating on Marvell (MRVL)
June 18, 2025 7:46 AM EDTWolfe Research analyst Chris Caso reiterated an Outperform rating and $90.00 price target on Marvell (NASDAQ: MRVL).
The analyst comments "Marvell struck a bullish tone at its AI webinar, outlining a $94bn AI TAM over the next several years, which together with ~20% market share, appears to support ~$19bn in datacenter revenue and ~$11bn in custom XPU revenue by CY28 (vs. under $1.7bn in custom revenue in our model for FY26). We note that MRVL total revenue was only $5.8bn in FY25 and current consensus reflects $9.6bn for CY26 - so if... More
Loop Capital Reiterates Buy Rating on Marvell (MRVL)
June 18, 2025 7:38 AM EDTLoop Capital analyst Gary Mobley reiterated a Buy rating and $90.00 price target on Marvell (NASDAQ: MRVL).
The analyst comments "As demonstrated by the dedicated resources to host a two-hour analyst briefing event, Marvell (MRVL) management is clearly excited about the revenue potential... More
