Marvell Technology Ranks 31st in Trading Volume with 16.76 Billion Shares Exchanged

On June 17, 2025, Marvell Technology, Inc. (MRVL) experienced a trading volume of 16.76 billion, ranking 31st in the day's stock market activity. The stock closed with a 0.59% decrease.

Barclays has maintained its "Overweight" rating on Marvell Technology, Inc. (MRVL), with a price target of $80. This endorsement follows Marvell's progress in technology, particularly its work on 3nm process technology in partnership with Amazon. The company has also secured wafer capacity and is open to using multiple suppliers to meet its production needs.

Marvell's collaboration with Microsoft, focusing on the next generation of XPU computing units, is also progressing well. However, there are concerns about the optical segment, where the company might experience weaker demand in July due to tougher competition in the digital signal processor (DSP) market compared to last year.

Barclays analysts also highlighted Marvell's strategy of buying back its shares, which is expected to be bolstered by the expected sale of its automotive division later this year. Marvell Technology, Inc. is an American company that develops and produces semiconductors and related technology for various applications, including AI, data centers, compute, networking, and storage infrastructure.

Piper Sandler raised Marvell's stock price target to $95, maintaining an Overweight rating, following earnings that modestly exceeded expectations for the April quarter.