Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

BofA Reduces PT on Marvell Technology (MRVL) Stock [Yahoo! Finance]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: Yahoo! Finance
On December 16, BofA analyst Vivek Arya reduced the price target on the company's stock to $95 from $105, while keeping a “Neutral” rating on the company's stock, as reported by The Fly . According to the analyst, the firm has been updating its price targets for U.S. semiconductor stocks under its coverage. The firm sees 2026 as the midpoint for the journey of 8 – 10 years of upgrading traditional IT infrastructure for faster AI workloads. BofA also added that, while stocks might remain choppy amid increased scrutiny of AI returns as well as hyperscaler cash flows, this can be mitigated by faster large language model builders and AI factories. In a separate update, on December 9, Marvell Technology, Inc. (NASDAQ:MRVL) announced that it introduced its Golden Cable initiative. This is a strategic program that has been designed to accelerate and broaden the active electrical cable (AEC) ecosystem, as well as allow faster time-to-market for hyperscaler AI deployments. The launch has b Show less Read more
Impact Snapshot
Event Time:
MRVL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MRVL alerts
Opt-in for
MRVL alerts

from News Quantified
Opt-in for
MRVL alerts

from News Quantified