Marvell's AI Revenue Projected to Double by 2028 with New Tech Deal: Analysts Boost Price Forecasts
ByAinvest
Wednesday, Dec 3, 2025 2:34 pm ET1min read
MRVL--
Marvell Technology Inc. shares surged after the company reported strong Q3 earnings, with analysts raising their price forecasts. Rosenblatt's Kevin Cassidy predicted AI revenue could double by 2028 due to a new tech deal, while Benchmark's Cody Acree urged investors to buy before a growth inflection. JPMorgan's Harlan Sur emphasized Marvell's strong data center outlook and confirmed design wins, with custom silicon revenue potentially doubling in 2028.
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