Morgan Stanley analyst Joseph Moore maintained a 'Hold' rating on Marvell Technology with a 12-month price target of $246, suggesting limited upside of about 4%, after the stock fell over 5% in the past month. The firm noted Marvell's valuation is more than double that of peers like Broadcom and Nvidia, leaving little room for further gains despite accelerated data center growth and AI infrastructure expansion. Other analysts remain optimistic, with an average price target of $398.38. The stock has surged over 218% in the past year, currently trading around $236.62 with a market cap of $216.4 billion. On Pluang, Marvell trades at $237.88 as of Sep 19, 2026 01:11 WIB, slightly down 1.20% in the last day, with a market capitalization of $216.37 billion and balanced sentiment showing 54% of orders to sell and 46% to buy. Separately, GlobalFoundries and Marvell expanded their manufacturing agreement to increase production capacity of silicon germanium (SiGe) technology at GlobalFoundries' Vermont facility to address rising demand for faster and more energy-efficient chips.