Marvell price target raised to $105 from $80 at Roth Capital

Roth Capital raised the firm’s price target on Marvell (MRVL) to $105 from $80 and keeps a Buy rating on the shares. The company’s presentation at the OCP Global Summit 2025 in San Jose this week focused on its offerings in support of scaling AI infrastructure, with demos of a comprehensive range of high-performance optical and electric connectivity offerings, and the firm believes that Marvell’s custom ASIC and connectivity businesses continue to track to its growth forecast, the analyst tells investors in a research note.