The mean of analysts' price targets for Marvell (MRVL) points to a 27.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
It was a bad day for many AI-adjacent stocks today as earnings failed to impress.
Could this oft-overlooked chipmaker join the four-comma club in the future?