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 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.