Marvell Tech
(NASDAQ:MRVL)
$69.14
0.12[0.17%]
At close: May 14
$69.14
0[0.00%]
PreMarket: 5:44AM EDT
Consensus Rating1
Buy
Highest Price Target1
$100.00
Lowest Price Target1
$53.00
Consensus Price Target1
$82.88

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

Marvell Technology Inc has a consensus price target of $82.88, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Jefferies, Evercore ISI Group, and Roth MKM on May 13, 2024, April 16, 2024, and April 12, 2024. With an average price target of $89.33 between Jefferies, Evercore ISI Group, and Roth MKM, there's an implied 29.21% upside for Marvell Technology Inc from these 3 analyst ratings.

Analyst Trend
4
Jan
2
Feb
23
1
Mar
6
Apr
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Jefferies
Evercore ISI Group
Roth MKM
Stifel
Cantor Fitzgerald

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Marvell Tech

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FAQ

Q

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

A

The latest price target for Marvell Tech (NASDAQ: MRVL) was reported by Jefferies on May 13, 2024. The analyst firm set a price target for $85.00 expecting MRVL to rise to within 12 months (a possible 22.94% upside). 84 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 Jefferies, and Marvell Tech their buy 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 13, 2024 so you should expect the next rating to be made available sometime around May 13, 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 with a price target of $98.00 to $85.00. The current price Marvell Tech (MRVL) is trading at is $69.14, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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