Marvell Technology (MRVL) is rated a strong buy by 35 analysts with a consensus target price of $156, suggesting an 86% upside potential from current levels. The stock's rating has been upgraded from a moderate buy to a strong buy over the last three months, with the average score climbing to 4.43. The company's growth is driven by accelerating AI data center spending, with Marvell expanding its footprint and data center revenue already driving most sales. Margins are above 50%, cash flow is strong, and new products are increasing revenue per AI system. The upside is contingent on sustained hyperscaler demand, disciplined execution, and keeping customer concentration risks under control.