NASDAQ:PXD News 24 January 2026

January 23, 2026, 11:13 PM EST. Shares of Marvell Technology (MRVL) have dropped 35.1% over the past year, raising questions about a potential buying opportunity. The semiconductor company closed recently at $80.23, down 10.2% year to date. A discounted cash flow (DCF) analysis estimates Marvell's intrinsic value at $90.57 per share, suggesting the stock trades at an 11.4% discount to its fair value. This implies that Marvell may be modestly undervalued amid sector-wide pressures including capital spending and chip demand uncertainties. Investors tracking long-term prospects in data infrastructure chips might find value given Marvell's steady free cash flow growth projected through 2030. Simply Wall St's checklist rates the stock 5 out of 6 for undervaluation, reinforcing cautious optimism despite recent volatility.