$65.00
0.15[0.23%]
At close: Apr 25
$65.00
0[0.00%]
PreMarket: 8:39AM EDT
Marvell Tech
(NASDAQ:MRVL)Marvell Tech Stock (NASDAQ:MRVL), Analyst Ratings, Price Targets, Predictions
Marvell Technology Inc has a consensus price target of $82.81, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Evercore ISI Group, Roth MKM, and Stifel on April 16, 2024, April 12, 2024, and April 12, 2024. With an average price target of $89.67 between Evercore ISI Group, Roth MKM, and Stifel, there's an implied 37.95% upside for Marvell Technology Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Evercore ISI Group
Roth MKM
Stifel
Cantor Fitzgerald
Needham
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Marvell Tech
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/16/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 35.38% | Evercore ISI Group | Mark Lipacis | → $88 | Initiates | → Outperform | Get Alert |
| 04/12/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 46.15% | Roth MKM | Suji Desilva | $95 → $95 | Maintains | Buy | Get Alert |
| 04/12/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 32.31% | Stifel | Tore Svanberg | $86 → $86 | Maintains | Buy | Get Alert |
| 04/12/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 30.77% | Cantor Fitzgerald | C J Muse | → $85 | Reiterates | Overweight → Overweight | Get Alert |
| 04/12/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 46.15% | Needham | Quinn Bolton | → $95 | Reiterates | Buy → Buy | Get Alert |
| 04/08/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 38.46% | Keybanc | John Vinh | $95 → $90 | Maintains | Overweight | Get Alert |
| 03/27/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 40% | Citigroup | Atif Malik | → $91 | Reiterates | Buy → Buy | Get Alert |
| 03/12/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 46.15% | Argus Research | Jim Kelleher | $75 → $95 | Maintains | Buy | Get Alert |
| 03/11/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 30.77% | Cantor Fitzgerald | C J Muse | → $85 | Reiterates | Overweight → Overweight | Get Alert |
| 03/11/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 29.23% | Goldman Sachs | Toshiya Hari | $74 → $84 | Maintains | Buy | Get Alert |
| 03/08/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 53.85% | Rosenblatt | Hans Mosesmann | → $100 | Reiterates | Buy → Buy | Get Alert |
| 03/08/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 38.46% | TD Cowen | Karl Ackerman | $75 → $90 | Maintains | Outperform | Get Alert |
| 03/08/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 30.77% | Cantor Fitzgerald | C J Muse | $80 → $85 | Maintains | Overweight | Get Alert |
| 03/08/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 35.38% | Craig-Hallum | Christian Schwab | $67 → $88 | Maintains | Buy | Get Alert |
| 03/08/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 32.31% | Stifel | Tore Svanberg | $72 → $86 | Reiterates | Buy → Buy | Get Alert |
| 03/08/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 46.15% | Needham | Quinn Bolton | $65 → $95 | Maintains | Buy | Get Alert |
| 03/08/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 53.85% | Piper Sandler | Harsh Kumar | $70 → $100 | Reiterates | Overweight → Overweight | Get Alert |
| 03/08/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 46.15% | Roth MKM | Suji Desilva | $60 → $95 | Maintains | Buy | Get Alert |
| 03/08/2024 | MRVL | Buy Now | Marvell Tech | $65.00 | 46.15% | Susquehanna | Christopher Rolland | $80 → $95 | Maintains | Positive | Get Alert |
FAQ
What is the target price for Marvell Tech (MRVL)?
The latest price target for Marvell Tech (NASDAQ: MRVL) was reported by Evercore ISI Group on April 16, 2024. The analyst firm set a price target for $88.00 expecting MRVL to rise to within 12 months (a possible 35.38% upside). 83 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Marvell Tech (MRVL)?
The latest analyst rating for Marvell Tech (NASDAQ: MRVL) was provided by Evercore ISI Group, and Marvell Tech initiated their outperform rating.
When was the last upgrade for Marvell Tech (MRVL)?
The last upgrade for Marvell Technology Inc happened on March 8, 2024 when Summit Insights Group raised their price target to N/A. Summit Insights Group previously had a hold for Marvell Technology Inc.
When was the last downgrade for Marvell Tech (MRVL)?
There is no last downgrade for Marvell Tech.
When is the next analyst rating going to be posted or updated for Marvell Tech (MRVL)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Marvell Tech, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Marvell Tech was filed on April 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.
Is the Analyst Rating Marvell Tech (MRVL) correct?
While ratings are subjective and will change, the latest Marvell Tech (MRVL) rating was a initiated with a price target of $0.00 to $88.00. The current price Marvell Tech (MRVL) is trading at is $65.00, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.