{"id":250427,"date":"2026-05-20T10:39:00","date_gmt":"2026-05-20T14:39:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/20\/why-marvell-technology-stock-is-moving-on-up\/"},"modified":"2026-05-20T10:40:23","modified_gmt":"2026-05-20T14:40:23","slug":"why-marvell-technology-stock-is-moving-on-up","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/20\/why-marvell-technology-stock-is-moving-on-up\/","title":{"rendered":"Why Marvell Technology Stock Is Moving On Up"},"content":{"rendered":"<p><a href=\"https:\/\/www.fool.com\/investing\/2026\/05\/20\/why-marvell-technology-stock-is-moving-on-up\/\">Why Marvell Technology Stock Is Moving On Up<\/a><\/p>\n<p><a href=\"https:\/\/www.fool.com\/investing\/2026\/05\/20\/why-marvell-technology-stock-is-moving-on-up\/\">https:\/\/www.fool.com\/investing\/2026\/05\/20\/why-marvell-technology-stock-is-moving-on-up\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-20 10:39:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.fool.com\">www.fool.com<\/a><\/p>\n<p>For the second day in a row,<strong> Marvell Technology <\/strong><span class=\"ticker-mention inline-flex items-center font-bold\" data-id=\"204570\">(MRVL <span class=\"ml-1 text-green-900\">+8.03%<\/span>)<\/span> stock is moving higher &#8212; and this time, you&#8217;ve got Wall Street to thank for it.<\/p>\n<p>Tic-tac-toe, three-in-a-row, Wall Street analysts at Citigroup, Oppenheimer, and Wells Fargo lined up to raise price targets on Marvell stock &#8212; to $215, $200, and $195, respectively.<\/p>\n<p class=\"caption\">Image source: Getty Images.<\/p>\n<h2 class=\"my-6 text-2xl font-bold\">Why Wall Street loves Marvell stock<\/h2>\n<p>Why are Wall Street banks raising price targets on Marvell stock? Let me count the ways.<\/p>\n<p>Citi&#8217;s mainly playing catch-up here, raising its price targets on semiconductor stocks long after they&#8217;ve already skyrocketed. Yesterday, Citi nearly doubled its price target on <strong>Micron<\/strong> <span class=\"ticker-mention inline-flex items-center font-bold\" data-id=\"204594\">(MU <span class=\"ml-1 text-green-900\">+1.48%<\/span>)<\/span>. Today, it&#8217;s Marvell&#8217;s turn, at the PT rises from $118 to $215 (also nearly a double).<\/p>\n<p>As for the others, both Oppy and Wells cite Trainium chip sales to Anthropic, <strong>Amazon.com<\/strong> <span class=\"ticker-mention inline-flex items-center font-bold\" data-id=\"202816\">(AMZN <span class=\"ml-1 text-green-900\">+1.20%<\/span>)<\/span>, and others as a major catalyst for Marvell. Oppenheimer forecasts $2 billion in custom chip sales (including Trainium) this year, with sales to <strong>Microsoft <\/strong><span class=\"ticker-mention inline-flex items-center font-bold\" data-id=\"204577\">(MSFT <span class=\"ml-1 text-red-900\">0.80%<\/span>)<\/span> ramping toward the end of the year. Wells points out that Marvell already has $225 billion in Trainium backlog and predicts Trainium sales could reach $6 billion in 2027 and 2028 &#8212; with the potential to double if prices move higher.<\/p>\n<p>Oppenheimer forecasts total revenue exceeding $11 billion in 2026 and $15 billion in 2027.   <\/p>\n<p><img alt=\"Marvell Technology Stock Quote\" loading=\"lazy\" width=\"64\" height=\"64\" decoding=\"async\" data-nimg=\"1\" class=\"w-full flex-none object-contain\" style=\"color:transparent\" srcset=\"https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FMRVL.png&#038;w=64&#038;op=resize 1x, https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FMRVL.png&#038;w=128&#038;op=resize 2x\" src=\"https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FMRVL.png&#038;w=128&#038;op=resize\"\/><\/p>\n<p>Today&#8217;s Change<\/p>\n<p>(8.03%) $14.16<\/p>\n<p>Current Price<\/p>\n<p>$190.43<\/p>\n<h3 class=\"text-gray-1100 text-md my-[22px] leading-snug font-bold uppercase\">Key Data Points<\/h3>\n<p>Market Cap<\/p>\n<p>$154B<\/p>\n<p>Day&#8217;s Range<\/p>\n<p>$182.35 &#8211; $193.30<\/p>\n<p>52wk Range<\/p>\n<p>$58.61 &#8211; $193.30<\/p>\n<p>Volume<\/p>\n<p>541K<\/p>\n<p>Avg Vol<\/p>\n<p>25M<\/p>\n<p>Gross Margin<\/p>\n<p>50.10%<\/p>\n<p>Dividend Yield<\/p>\n<p>0.14%<\/p>\n<h2 class=\"my-6 text-2xl font-bold\">What it means for Marvell stock<\/h2>\n<p>Valued in excess of 57 times trailing earnings (and nearly 46 times forward earnings), Marvell is not a cheap stock &#8212; not at first glance. Even just $11 billion in 2026 sales would mean 34% revenue growth, however, accelerating to 36% growth in 2027 if Marvell hits 2027 &#8212; and Oppenheimer thinks these are conservative numbers.<\/p>\n<p>Assuming profits growth can keep pace, Marvell stock may not yet be too&#8230;<\/p>\n<p><a href=\"https:\/\/www.fool.com\/investing\/2026\/05\/20\/why-marvell-technology-stock-is-moving-on-up\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why Marvell Technology Stock Is Moving On Up https:\/\/www.fool.com\/investing\/2026\/05\/20\/why-marvell-technology-stock-is-moving-on-up\/ Publish Date: 2026-05-20 10:39:00 Source Domain:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":250428,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/g.foolcdn.com\/image\/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F871090%2Fletters-ai-on-a-3d-tower-rising-from-the-middle-of-a-semiconductor-chip.jpg&w=1200&op=resize","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-250427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/250427"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=250427"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/250427\/revisions"}],"predecessor-version":[{"id":250429,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/250427\/revisions\/250429"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/250428"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=250427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=250427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=250427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}