Cantor Fitzgerald raises Marvell price target to $75, maintains Neutral rating

From Yahoo Finance: 2025-06-25 13:16:00

Marvell Technology, Inc. (NASDAQ: MRVL) is named one of the top 10 AI stocks set to skyrocket. Cantor Fitzgerald raised Marvell’s price target to $75 from $60 on June 18, while maintaining a Neutral rating. The firm highlighted the company’s expanding market and data center momentum, but expressed concerns over limited updates on cloud giant engagements.

Despite an increased price target, Cantor Fitzgerald remains cautious about Marvell’s progress with cloud giants like Amazon and Microsoft. The firm noted concerns about a potential slowdown and limited visibility into financial impacts from new partnerships. Analysts questioned Marvell’s goal of achieving 20% market share in the data center segment, suggesting growth may be concentrated among hyperscalers.

Cantor Fitzgerald’s $75 price target for Marvell Technology, Inc. (NASDAQ: MRVL) is based on a valuation of 20 times the firm’s projected 2026 earnings per share estimate of $3.60. While recognizing Marvell’s potential, the firm believes other AI stocks may offer higher returns with lower downside risk. For those seeking promising AI stocks, a report on the cheapest AI stock with 100x upside potential is recommended.



Read more at Yahoo Finance: Cantor Fitzgerald Raises Marvell (MRVL) Price Target, Maintains Neutral Rating