Marvell Technology Inc has a consensus price target of $111.56 based on the ratings of 33 analysts. The high is $149 issued by Craig-Hallum on January 6, 2025. The low is $75 issued by Barclays on January 16, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Craig-Hallum, and Stifel on January 10, 2025, January 6, 2025, and January 6, 2025, respectively. With an average price target of $136.67 between Goldman Sachs, Craig-Hallum, and Stifel, there's an implied 19.09% upside for Marvell Technology Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Marvell Tech (NASDAQ:MRVL) was reported by Goldman Sachs on January 10, 2025. The analyst firm set a price target for $131.00 expecting MRVL to rise to within 12 months (a possible 14.15% upside). 89 analyst firms have reported ratings in the last year.
The latest analyst rating for Marvell Tech (NASDAQ:MRVL) was provided by Goldman Sachs, and Marvell Tech maintained their buy rating.
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.
There is no last downgrade for Marvell Tech.
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 January 10, 2025 so you should expect the next rating to be made available sometime around January 10, 2026.
While ratings are subjective and will change, the latest Marvell Tech (MRVL) rating was a maintained with a price target of $115.00 to $131.00. The current price Marvell Tech (MRVL) is trading at is $114.76, which is out of the analyst’s predicted range.
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