Marvell Tech
(NASDAQ:MRVL)
$73.88
0.61[0.83%]
At close: Jun 17
$73.88
0[0.00%]
PreMarket: 8:12AM EDT
Consensus Rating1
Buy
Highest Price Target1
$100.00
Lowest Price Target1
$65.00
Consensus Price Target1
$85.00

Marvell Tech (NASDAQ:MRVL) Stock, Analyst Ratings, Price Targets, Predictions

Marvell Technology Inc has a consensus price target of $85, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Barclays, Oppenheimer, and Cantor Fitzgerald on May 31, 2024. With an average price target of $85 between Barclays, Oppenheimer, and Cantor Fitzgerald, there's an implied 15.05% upside for Marvell Technology Inc from these 3 analyst ratings.

Analyst Trends and Forecast
3
Jan
1
Feb
8
1
Mar
3
Apr
4
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
Oppenheimer
Cantor Fitzgerald
Evercore ISI Group
Stifel

1calculated from analyst ratings

Analyst Ratings for Marvell Tech

Buy NowGet Alert
05/31/2024Buy Now8.28%Barclays
Blayne Curtis
$75 → $80MaintainsOverweightGet Alert
05/31/2024Buy Now21.82%Oppenheimer
Rick Schafer
$80 → $90ReiteratesOutperform → OutperformGet Alert
05/31/2024Buy Now15.05%Cantor Fitzgerald
C J Muse
$85 → $85ReiteratesOverweight → OverweightGet Alert
05/31/2024Buy Now23.17%Evercore ISI Group
Mark Lipacis
$88 → $91MaintainsOutperformGet Alert
05/31/2024Buy Now21.82%Stifel
Tore Svanberg
$86 → $90MaintainsBuyGet Alert
05/31/2024Buy Now35.35%B. Riley Securities
Craig Ellis
$95 → $100MaintainsBuyGet Alert
05/31/2024Buy Now4.22%Morgan Stanley
Joseph Moore
$71 → $77MaintainsEqual-WeightGet Alert
05/31/2024Buy Now28.59%Needham
Quinn Bolton
$95 → $95ReiteratesBuy → BuyGet Alert
05/13/2024Buy Now15.05%Jefferies
Blayne Curtis
$98 → $85AssumesBuy → BuyGet Alert
04/16/2024Buy Now19.11%Evercore ISI Group
Mark Lipacis
→ $88Initiates → OutperformGet Alert
04/12/2024Buy Now28.59%Roth MKM
Suji Desilva
$95 → $95MaintainsBuyGet Alert
04/12/2024Buy Now16.4%Stifel
Tore Svanberg
$86 → $86MaintainsBuyGet Alert
04/12/2024Buy Now15.05%Cantor Fitzgerald
C J Muse
→ $85ReiteratesOverweight → OverweightGet Alert
04/12/2024Buy Now28.59%Needham
Quinn Bolton
→ $95ReiteratesBuy → BuyGet Alert
04/08/2024Buy Now21.82%Keybanc
John Vinh
$95 → $90MaintainsOverweightGet Alert
03/27/2024Buy Now23.17%Citigroup
Atif Malik
→ $91ReiteratesBuy → BuyGet Alert
03/12/2024Buy Now28.59%Argus Research
Jim Kelleher
$75 → $95MaintainsBuyGet Alert
03/11/2024Buy Now15.05%Cantor Fitzgerald
C J Muse
→ $85ReiteratesOverweight → OverweightGet Alert
03/11/2024Buy Now13.7%Goldman Sachs
Toshiya Hari
$74 → $84MaintainsBuyGet Alert
03/08/2024Buy Now35.35%Rosenblatt
Hans Mosesmann
→ $100ReiteratesBuy → BuyGet Alert
03/08/2024Buy Now21.82%TD Cowen
Karl Ackerman
$75 → $90MaintainsOutperformGet Alert
03/08/2024Buy Now15.05%Cantor Fitzgerald
C J Muse
$80 → $85MaintainsOverweightGet Alert
03/08/2024Buy Now19.11%Craig-Hallum
Christian Schwab
$67 → $88MaintainsBuyGet Alert
03/08/2024Buy Now16.4%Stifel
Tore Svanberg
$72 → $86ReiteratesBuy → BuyGet Alert
03/08/2024Buy Now28.59%Needham
Quinn Bolton
$65 → $95MaintainsBuyGet Alert
03/08/2024Buy Now35.35%Piper Sandler
Harsh Kumar
$70 → $100ReiteratesOverweight → OverweightGet Alert
03/08/2024Buy Now28.59%Roth MKM
Suji Desilva
$60 → $95MaintainsBuyGet Alert
03/08/2024Buy Now28.59%Susquehanna
Christopher Rolland
$80 → $95MaintainsPositiveGet Alert
03/08/2024Buy Now-3.9%Morgan Stanley
Joseph Moore
$84 → $71MaintainsEqual-WeightGet Alert
03/08/2024Buy Now21.82%Wells Fargo
Gary Mobley
$80 → $90MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Marvell Tech (MRVL) stock?

A

The latest price target for Marvell Tech (NASDAQ:MRVL) was reported by Barclays on May 31, 2024. The analyst firm set a price target for $80.00 expecting MRVL to rise to within 12 months (a possible 8.28% upside). 72 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Marvell Tech (MRVL)?

A

The latest analyst rating for Marvell Tech (NASDAQ:MRVL) was provided by Barclays, and Marvell Tech maintained their overweight rating.

Q

When was the last upgrade for Marvell Tech (MRVL)?

A

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.

Q

When was the last downgrade for Marvell Tech (MRVL)?

A

There is no last downgrade for Marvell Tech.

Q

When is the next analyst rating going to be posted or updated for Marvell Tech (MRVL)?

A

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 May 31, 2024 so you should expect the next rating to be made available sometime around May 31, 2025.

Q

Is the Analyst Rating Marvell Tech (MRVL) correct?

A

While ratings are subjective and will change, the latest Marvell Tech (MRVL) rating was a maintained with a price target of $75.00 to $80.00. The current price Marvell Tech (MRVL) is trading at is $73.88, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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