Marvell Technology Inc. Surges to 78th in Trading Volume Ranking with 13.07 Billion Shares Exchanged

On May 12, 2025, Marvell Technology Inc. (MRVL) saw a significant surge in trading volume, with a total of 13.07 billion shares exchanged, marking a 48.67% increase from the previous day. This surge placed MRVL at the 78th position in terms of trading volume for the day. The stock price of Marvell Technology Inc. (MRVL) rose by 8.13%, marking the third consecutive day of gains, with a total increase of 14.54% over the past three days.

Marvell Technology Inc. (MRVL) experienced a notable increase in its stock price on May 12, 2025. The surge in trading volume and the positive market sentiment contributed to this upward trend. The stock reached an intraday high of $64.85, settling at $64.80, which is a significant increase from its previous close of $59.65. This price movement places MRVL 49.17% below its 52-week high of $127.48 and 37.62% above its 52-week low of $47.09.

Analysts have provided a range of price targets for Marvell Technology Inc. (MRVL), with an average target price of $100.64. This target implies a potential upside of 55.31% from the current price of $64.80. The high estimate for the stock is $135.00, while the low estimate is $60.00. Additionally, the consensus recommendation from brokerage firms indicates an "Outperform" status for MRVL, with an average rating of 1.8 on a scale of 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell.

GuruFocus estimates the GF Value for Marvell Technology Inc. (MRVL) to be $94.85 in one year, suggesting a potential upside of 46.37% from the current price of $64.80. The GF Value is calculated based on historical trading multiples, past business growth, and future performance estimates. This analysis provides a data-driven perspective on the stock's fair value and potential future performance.