11 Oversold NASDAQ Stocks to Buy Right Now

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

Perf YTD: -46.85%

Analyst Upside: 70.36%

Number of Hedge Fund Holders: 105

Marvell Technology, Inc. (NASDAQ:MRVL) designs, develops, and sells integrated circuits. The company’s offerings include security solutions, data processing units, ethernet controllers, automotive, ethernet switches, ASICs, and more. Headquartered in Wilmington, Delaware, its operations are divided into the following geographical segments: the United States, Singapore, Israel, India, China, and Others.

Although 2025 has been a challenging year for Marvell Technology, Inc. (NASDAQ:MRVL) so far, analysts believe that the company’s specialism in AI silicon, amongst other technologies, and a strong work pipeline could support long-term growth. The company reported a notable revenue of $5.8 billion in fiscal year 2025. Its data center segment underwent a 78% year-over-year growth, reporting a record $1.37 billion in revenue in fiscal Q4 2025. This growth was attributed to strong AI demand and custom silicon programs.

Analysts are thus bullish on the stock as AI demand is expected to continue growing consistently in the future. The company expects to exceed its AI revenue target of $2.5 billion in fiscal year 2026 and is the eighth-best oversold NASDAQ stock to buy now. In a report released on April 22, Thomas O’Malley from Barclays maintained a Buy rating on Marvell Technology, Inc. (NASDAQ:MRVL) and set a price target of $80.00.

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