Marvell (MRVL): New Buy Recommendation for This Technology Giant
Oppenheimer analyst Rick Schafer reiterated a Buy rating on Marvell yesterday and set a price target of $150.00.
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Schafer covers the Technology sector, focusing on stocks such as Broadcom, Marvell, and Nvidia. According to TipRanks, Schafer has an average return of 26.8% and a 70.74% success rate on recommended stocks.
In addition to Oppenheimer, Marvell also received a Buy from TipRanks – OpenAI’s OpenAI Semiconductors in a report issued today. However, yesterday, TD Cowen maintained a Hold rating on Marvell (NASDAQ: MRVL).
Based on Marvell’s latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $2.07 billion and a net profit of $1.9 billion. In comparison, last year the company earned a revenue of $1.52 billion and had a GAAP net loss of $676.3 million
Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MRVL in relation to earlier this year. Most recently, in January 2026, Mark Casper, the EVP & CLO of MRVL sold 5,000.00 shares for a total of $465,400.00.
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