10 Best American Stocks to Buy and Hold for the Next Decade

8. Marvell Technology, Inc. (NASDAQ:MRVL)

On May 28, 2026, Raymond James raised the firm’s price target on Marvell Technology, Inc. (NASDAQ:MRVL) to $235 from $105 and maintained a Strong Buy rating on the shares. Raymond James said Marvell’s Q1 results showed continued strength and accelerating momentum, led by data center growth in custom compute and optical interconnect. The firm also noted that management raised FY27-FY28 guidance, even as shares traded roughly flat after the call.

Rosenblatt analyst Kevin Cassidy also raised the firm’s price target on Marvell Technology, Inc. (NASDAQ:MRVL) to $240 from $190 and maintained a Buy rating on the shares. Cassidy said Marvell delivered “a somewhat muted beat and raise,” with upside clouded by higher operating expenses, share dilution from the Celestial AI acquisition, and a gross margin headwind in calendar 2027 from the Custom AI ASIC ramp.

Similarly, Benchmark raised the firm’s price target on Marvell to $275 from $130 and maintained a Buy rating. Benchmark said the stock’s move looked more like “valuation and expectations digestion” than a negative readthrough on demand, while calling the higher FY27/FY28 revenue path the stronger message.

On May 27, 2026, Marvell Technology, Inc. (NASDAQ:MRVL) reported Q1 adjusted EPS of 80c, ahead of the consensus estimate of 79c. Revenue totaled $2.418B, above the consensus estimate of $2.41B. Chairman and CEO Matt Murphy said Marvell delivered record first-quarter fiscal 2027 revenue, up 28% year-over-year, and guided second-quarter revenue to $2.7 billion at the midpoint. Murphy said the company is seeing “exceptional AI-related bookings,” driving a higher revenue outlook for both fiscal 2027 and fiscal 2028.

Marvell Technology, Inc. (NASDAQ:MRVL), together with its subsidiaries, provides data infrastructure semiconductor solutions in the United States and internationally.