Marvell (MRVL) Remains in AI Winners Camp as Morgan Stanley Nudges Target Higher

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the AI Stocks Making Waves on Wall Street. On July 30, Morgan Stanley analyst Joseph Moore raised the price target on the stock to $80.00 (from $73.00) while maintaining an “Equal Weight” rating.

“Marvell is firmly in the AI winners camp, and sentiment has swung aggressively negative compared to a few months ago,” Moore wrote. “We are more excited for their opportunity in optical, which brings higher margin and durability vs. their ASIC opportunity, which has disappointed.”

Marvell (MRVL) Remains in AI Winners Camp as Morgan Stanley Nudges Target Higher

An analyst studying a graph of a company’s asset value and potential cash flow.

Moore expects Marvell to benefit from strong AI demand in the coming year.

“While stock prices have moved higher, our conviction on AI spend durability in 2026 continues to grow.”

Marvell Technology, Inc. (NASDAQ:MRVL) engages in the development and production of semiconductors, focusing heavily on data centers.

While we acknowledge the risk and potential of MRVL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MRVL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Must-Watch AI Stocks on Wall Street and 10 AI Stocks Making Waves on Wall Street

Disclosure: None.