Marvell Technology Shares Rise on Analyst Price Target Hikes

Marvell Technology shares rose 5.7% on August 25, 2026, following price target increases from two financial firms. The surge occurred ahead of the company's scheduled announcement of second-quarter 2027 financial results on Thursday.

Rosenblatt analyst Sajal Dogra raised the price target to $300 from $240, maintaining a buy rating. Dogra anticipates a "beat-and-raise" quarter for the company. Susquehanna also increased its target to $265 from $230, maintaining a positive rating based on expected growth in AI networking and a potential upward revision of the fiscal 2027 target for Inphi.

Marvell Technology forecasted revenue of approximately $2.7 billion and diluted earnings per share between $0.32 and $0.42 for the upcoming report.