From The Motley Fool · Jeff Siegel · · 40s
Marvell Stock Could Be Once-in-a-Generation Opportunity
Marvell Technology's AI chip growth could triple its stock price by 2031.
In brief
Marvell Technology's AI chip growth could triple its stock price by 2031. Marvell Technology may reach $750 per share by 2031 if it hits $80 billion annual revenue. Originally reported by The Motley Fool.
Marvell's AI Growth Outlook
Marvell Technology's fiscal 2028 revenue outlook was raised to $20 billion from $18 billion.
Target Revenue by 2031
Marvell aims for $70 billion to $90 billion in annual revenue by fiscal 2031.
Stock Price Potential
Marvell's stock could reach $750 per share if it hits $80 billion revenue by fiscal 2031.
What it means
Marvell Technology may reach $750 per share by 2031 if it hits $80 billion annual revenue.
