Lightwave Logic Inc (LWLG)

[Gamco]

Marvell in focus as Stifel ups price target, expects 'beat-and-raise'
May 22, 2026, 8:50 AM ETMarvell Technology, Inc. (MRVL) StockBy: Chris Ciaccia, SA News Editor

Marvell Technology (MRVL) was in focus on Friday as Stifel upped its price target on the semiconductor company and said it expects it to top estimates and raise guidance when it reports on May 27.

Shares rose 2.5% in premarket trading.

“We expect Marvell to deliver a beat relative to our $2.40B Apr Q revenue estimate (+8.2% q/q), with upside again likely from Data Center (74% of Jan Q revenue), led by optical interconnects and the continued ramp of the company's lead XPU program,” analyst Tore Svanberg wrote in a note to clients. “We believe Marvell could guide Jul Q (F2Q27E) revenue above our current ~$2.59bn estimate (+8% q/q), supported by accelerating 1.6T optical deployments, AWS Trainium 3 production, and broadening XPU-Attach momentum.”

Svanberg kept his Buy rating on Marvell and upped his price target to $210 from $140.
A consensus of analysts expects Marvell to earn $0.79 per share on $2.4B in revenue for the coming first quarter.

https://seekingalpha.com/news/4596271-marvell-in-focus-as-stifel-ups-price-target-expects-beat-and-raise