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Moody’s Upgraded Rating on Marvell Technology, Inc. (MRVL), Here’s Why

​Marvell Technology, Inc. (NASDAQ:MRVL) is one of the Best Quality Stocks to Buy Before 2026. On December 17, Moody’s Ratings upgraded the company’s senior unsecured ratings to Baa2 from Baa3 and maintained a stable outlook.

​The rating firm noted that Marvell Technology, Inc. (NASDAQ:MRVL) has built a portfolio of technologies that enable accelerated computing and high-speed networking in data centers. The firm added that the upgrade to Baa2 is based on the expectations that the company’s credit profile will continue to improve, driven by improved profitability. Moreover, Moody’s also expects the company to grow its revenue by more than 20% and reach $10 billion by fiscal 2027. This demand is expected to be driven by a demand recovery in carrier infrastructure and enterprise networking segments.

That said, on December 10, Stifel had reiterated a Buy rating on Marvell Technology, Inc. (NASDAQ:MRVL) with a $114 price target. The firm noted the company to be one of the only vendors offering a comprehensive and vertically integrated stack for modern AI systems. Stifel believes that the company’s portfolio positions it uniquely as it provides end-to-end connectivity solutions that span every layer of data-center technology.

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

While we acknowledge the potential of MRVL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MRVL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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