$71.90
-1.18[-1.61%]
At close: May 17
$71.90
0[0.00%]
After Hours: 7:42PM EDT
Marvell Tech
(NASDAQ:MRVL)Marvell Tech Stock (NASDAQ:MRVL), Analyst Ratings, Price Targets, Predictions
Marvell Technology Inc has a consensus price target of $82.88, 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 24.25% upside for Marvell Technology Inc from these 3 analyst ratings.
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
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/13/2024 | Buy Now | 18.22% | Jefferies | Blayne Curtis | $98 → $85 | Assumes | Buy → Buy | Get Alert |
| 04/16/2024 | Buy Now | 22.39% | Evercore ISI Group | Mark Lipacis | → $88 | Initiates | → Outperform | Get Alert |
| 04/12/2024 | Buy Now | 32.13% | Roth MKM | Suji Desilva | $95 → $95 | Maintains | Buy | Get Alert |
| 04/12/2024 | Buy Now | 19.61% | Stifel | Tore Svanberg | $86 → $86 | Maintains | Buy | Get Alert |
| 04/12/2024 | Buy Now | 18.22% | Cantor Fitzgerald | C J Muse | → $85 | Reiterates | Overweight → Overweight | Get Alert |
| 04/12/2024 | Buy Now | 32.13% | Needham | Quinn Bolton | → $95 | Reiterates | Buy → Buy | Get Alert |
| 04/08/2024 | Buy Now | 25.17% | Keybanc | John Vinh | $95 → $90 | Maintains | Overweight | Get Alert |
| 03/27/2024 | Buy Now | 26.56% | Citigroup | Atif Malik | → $91 | Reiterates | Buy → Buy | Get Alert |
| 03/12/2024 | Buy Now | 32.13% | Argus Research | Jim Kelleher | $75 → $95 | Maintains | Buy | Get Alert |
| 03/11/2024 | Buy Now | 18.22% | Cantor Fitzgerald | C J Muse | → $85 | Reiterates | Overweight → Overweight | Get Alert |
| 03/11/2024 | Buy Now | 16.83% | Goldman Sachs | Toshiya Hari | $74 → $84 | Maintains | Buy | Get Alert |
| 03/08/2024 | Buy Now | 39.08% | Rosenblatt | Hans Mosesmann | → $100 | Reiterates | Buy → Buy | Get Alert |
| 03/08/2024 | Buy Now | 25.17% | TD Cowen | Karl Ackerman | $75 → $90 | Maintains | Outperform | Get Alert |
| 03/08/2024 | Buy Now | 18.22% | Cantor Fitzgerald | C J Muse | $80 → $85 | Maintains | Overweight | Get Alert |
| 03/08/2024 | Buy Now | 22.39% | Craig-Hallum | Christian Schwab | $67 → $88 | Maintains | Buy | Get Alert |
| 03/08/2024 | Buy Now | 19.61% | Stifel | Tore Svanberg | $72 → $86 | Reiterates | Buy → Buy | Get Alert |
| 03/08/2024 | Buy Now | 32.13% | Needham | Quinn Bolton | $65 → $95 | Maintains | Buy | Get Alert |
| 03/08/2024 | Buy Now | 39.08% | Piper Sandler | Harsh Kumar | $70 → $100 | Reiterates | Overweight → Overweight | Get Alert |
| 03/08/2024 | Buy Now | 32.13% | Roth MKM | Suji Desilva | $60 → $95 | Maintains | Buy | Get Alert |
| 03/08/2024 | Buy Now | 32.13% | Susquehanna | Christopher Rolland | $80 → $95 | Maintains | Positive | Get Alert |
| 03/08/2024 | Buy Now | -1.25% | Morgan Stanley | Joseph Moore | $84 → $71 | Maintains | Equal-Weight | Get Alert |
| 03/08/2024 | Buy Now | 25.17% | Wells Fargo | Gary Mobley | $80 → $90 | Maintains | Overweight | Get Alert |
| 03/08/2024 | Buy Now | 36.3% | Jefferies | Mark Lipacis | $68 → $98 | Maintains | Buy | Get Alert |
| 03/08/2024 | Buy Now | 32.13% | B of A Securities | Vivek Arya | $80 → $95 | Maintains | Buy | Get Alert |
| 03/08/2024 | Buy Now | 16.83% | Goldman Sachs | Toshiya Hari | $74 → $84 | Maintains | Buy | Get Alert |
| 03/08/2024 | Buy Now | 25.17% | Wolfe Research | Chris Caso | $70 → $90 | Maintains | Outperform | Get Alert |
| 03/08/2024 | Buy Now | 25.17% | JP Morgan | Harlan Sur | $70 → $90 | Maintains | Overweight | Get Alert |
| 03/08/2024 | Buy Now | 25.17% | Deutsche Bank | Ross Seymore | $67 → $90 | Maintains | Buy | Get Alert |
| 03/08/2024 | Buy Now | — | Summit Insights Group | Kinngai Chan | — | Upgrade | Hold → Buy | Get Alert |
| 03/08/2024 | Buy Now | 32.13% | Keybanc | John Vinh | $70 → $95 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Marvell Tech (MRVL)?
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 18.22% 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 Jefferies, and Marvell Tech their buy 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 May 13, 2024 so you should expect the next rating to be made available sometime around May 13, 2025.
Is the Analyst Rating Marvell Tech (MRVL) correct?
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 $71.90, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.