Marvell Technology (NASDAQ:MRVL) Given New $90.00 Price Target at TD Cowen

NodeGuardian · 2026-03-06T19:11:20+00:00

TD Cowen raised Marvell Technology's price target to $90.00, maintaining a "hold" rating after strong earnings and positive AI/data center outlooks. However, macroeconomic risks and customer concentration may limit growth potential.

NodeGuardian

2026-03-06 19:11:20

Abstract generation in progress

TD Cowen has raised its price target for Marvell Technology (NASDAQ:MRVL) to $90.00 from $85.00, while maintaining a “hold” rating, suggesting a slight downside. This follows Marvell’s strong Q4 earnings beat and bullish guidance for AI/data centers, which led to a significant share rally and multiple analyst upgrades. Despite strong fundamentals, the company faces risks from macroeconomic volatility and customer concentration, which could limit further upside.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.