Where Will Marvell Stock Be in 1 Year?

By Parkev Tatevosian, CFA – Mar 25, 2024 at 5:15AM

NASDAQ: MRVL

Marvell Technology

Market Cap

$60B

Today's Change

(3.17%) $2.14

Current Price

$69.62

Price as of April 26, 2024, 4:00 p.m. ET

Marvell Technology is one of the fortunate businesses benefiting from the rising demand for implementing artificial intelligence (AI) capabilities.

Fool.com contributor Parkev Tatevosian forecasts where Marvell (MRVL 3.17%) stock could be by the end of 2024.

*Stock prices used were the afternoon prices of March 21, 2024. The video was published on March 23, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Marvell Technology. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.