Susquehanna Highlights Marvell's (MRVL) AI Networking Strength in Buy Case

Marvell Technology Inc. (NASDAQ:MRVL) is one of the best high-beta stocks to buy now. On August 29, Susquehanna analyst Christopher Rolland reiterated a Buy rating on Marvell Technology while lowering the price target to $80 from $90. The analyst pointed to near-term challenges but emphasized the company’s strong positioning for long-term growth.

Management recently announced new socket wins with potential for multibillion-dollar lifetime revenue, underscoring confidence in the company’s future prospects. Rolland also highlighted Marvell Technology Inc.’s (NASDAQ:MRVL) strength in AI networking through its Inphi products, which are expected to deliver double-digit sequential growth, supported by robust 800G demand and the launch of 1.6T shipments to multiple customers.

While the Data Center and Custom ASIC segments showed flat performance in the recent quarter, substantial growth is anticipated in the custom business by Q4. The Consumer segment, meanwhile, delivered standout results with 84% quarter-over-quarter growth. Taken together, these dynamics reinforce Marvell Technology Inc.’s (NASDAQ:MRVL) strategic positioning in AI and networking, providing the foundation for Rolland’s Buy rating despite the trimmed price target.

Marvell Technology Inc. (NASDAQ:MRVL) designs semiconductor solutions that power data infrastructure across multiple end markets, including data centers, enterprise networking, carrier networks, consumer electronics, automotive, and industrial applications. Its portfolio includes custom Application-Specific Integrated Circuits (ASICs), electro-optics, Ethernet and Fibre Channel products, processors, and storage controllers.

While we acknowledge the potential of MRVL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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