🟢 MRVL is trading 8.3% up today amid a wave of bullish analyst upgrades and price target hikes ahead of earnings

MRVL is trading 8.3% up today at $212.66, driven by a series of significant analyst upgrades and price target increases ahead of its May 27 earnings report.

• HSBC upgraded the stock from Hold to Buy, dramatically increasing its price target to $300, citing a potential AI "supercycle".
• Other firms, including Susquehanna (to $230), Stifel (to $210), Citi (to $215), and Oppenheimer (to $200), also significantly raised their price targets, reinforcing bullish sentiment on Marvell's AI and data-center growth prospects.
• Investors are now keenly focused on the fiscal Q1 2027 earnings report, scheduled for after market close on May 27, where consensus estimates are for $2.40 billion in revenue and $0.80 EPS.