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Marvell Tech

NASDAQ:MRVLNASDAQ
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Consensus Rating1
Buy
Highest Price Target1
$149.00
Lowest Price Target1
$75.00
Consensus Price Target1
$111.56

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

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.

Analyst Trends and Forecast
12
1
Aug 24
1
Oct 24
2
Nov 24
17
2
Dec 24
3
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
Craig-Hallum
Stifel
Morgan Stanley
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Marvell Tech

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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 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.

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 Goldman Sachs, and Marvell Tech maintained 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 January 10, 2025 so you should expect the next rating to be made available sometime around January 10, 2026.

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 $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.

Browse analyst ratings and price targets on all stocks.