10 AI Stocks to Watch Now

7. Marvell Technology, Inc. (NASDAQ:MRVL)

Number of Hedge Fund Holders: 105

Marvell Technology, Inc. (NASDAQ:MRVL) engages in the development and production of semiconductors. On February 28, Tore Svanberg from Stifel Nicolaus maintained a “Buy” rating on the stock with a price target of $130.00. According to the firm, Marvell’s January quarter results are anticipated to align with or slightly surpass estimates of $1.80 billion in revenue and $0.59 in non-GAAP earnings per share (EPS). The firm analysts also forecast that the guidance midpoint will exceed their estimate of $1.84 billion, an optimistic outlook supported by continued momentum in Data Center and AI initiatives.