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Marvell Tech

MRVLNASDAQ
Logo brought to you by Benzinga Data
$65.72
1.732.70%
At Close: -
$65.78
0.060.09%
After Hours: 7:59 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$100.00
Lowest Price Target1
$65.00
Consensus Price Target1
$87.90

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

Marvell Technology Inc has a consensus price target of $87.9 based on the ratings of 32 analysts. The high is $100 issued by B. Riley Securities on May 31, 2024. The low is $65 issued by TD Cowen on May 26, 2023. The 3 most-recent analyst ratings were released by Keybanc, Barclays, and Oppenheimer on July 9, 2024, May 31, 2024, and May 31, 2024, respectively. With an average price target of $88.33 between Keybanc, Barclays, and Oppenheimer, there's an implied 34.29% upside for Marvell Technology Inc from these most-recent analyst ratings.

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

Analyst Firms Making Recommendations1

Keybanc
Barclays
Oppenheimer
Cantor Fitzgerald
Evercore ISI Group

1calculated from analyst ratings

Analyst Ratings for Marvell Tech

Buy NowGet Alert
07/09/2024Buy Now44.42%Keybanc
John Vinh
$90 → $95MaintainsOverweightGet Alert
05/31/2024Buy Now21.62%Barclays
Blayne Curtis
$75 → $80MaintainsOverweightGet Alert
05/31/2024Buy Now36.82%Oppenheimer
Rick Schafer
$80 → $90ReiteratesOutperform → OutperformGet Alert
05/31/2024Buy Now29.22%Cantor Fitzgerald
C J Muse
$85 → $85ReiteratesOverweight → OverweightGet Alert
05/31/2024Buy Now38.34%Evercore ISI Group
Mark Lipacis
$88 → $91MaintainsOutperformGet Alert
05/31/2024Buy Now36.82%Stifel
Tore Svanberg
$86 → $90MaintainsBuyGet Alert
05/31/2024Buy Now52.02%B. Riley Securities
Craig Ellis
$95 → $100MaintainsBuyGet Alert
05/31/2024Buy Now17.06%Morgan Stanley
Joseph Moore
$71 → $77MaintainsEqual-WeightGet Alert
05/31/2024Buy Now44.42%Needham
Quinn Bolton
$95 → $95ReiteratesBuy → BuyGet Alert
05/13/2024Buy Now29.22%Jefferies
Blayne Curtis
$98 → $85AssumesBuy → BuyGet Alert
04/16/2024Buy Now33.78%Evercore ISI Group
Mark Lipacis
→ $88Initiates → OutperformGet Alert
04/12/2024Buy Now29.22%Cantor Fitzgerald
C J Muse
→ $85ReiteratesOverweight → OverweightGet Alert
04/12/2024Buy Now44.42%Needham
Quinn Bolton
→ $95ReiteratesBuy → BuyGet Alert
04/12/2024Buy Now44.42%Roth MKM
Suji Desilva
$95 → $95MaintainsBuyGet Alert
04/12/2024Buy Now30.74%Stifel
Tore Svanberg
$86 → $86MaintainsBuyGet Alert
04/08/2024Buy Now36.82%Keybanc
John Vinh
$95 → $90MaintainsOverweightGet Alert
03/27/2024Buy Now38.34%Citigroup
Atif Malik
→ $91ReiteratesBuy → BuyGet Alert
03/12/2024Buy Now44.42%Argus Research
Jim Kelleher
$75 → $95MaintainsBuyGet Alert
03/11/2024Buy Now29.22%Cantor Fitzgerald
C J Muse
→ $85ReiteratesOverweight → OverweightGet Alert
03/11/2024Buy Now27.7%Goldman Sachs
Toshiya Hari
$74 → $84MaintainsBuyGet Alert
03/08/2024Buy Now52.02%Rosenblatt
Hans Mosesmann
→ $100ReiteratesBuy → BuyGet Alert
03/08/2024Buy Now36.82%TD Cowen
Karl Ackerman
$75 → $90MaintainsOutperformGet Alert
03/08/2024Buy Now29.22%Cantor Fitzgerald
C J Muse
$80 → $85MaintainsOverweightGet Alert
03/08/2024Buy Now33.78%Craig-Hallum
Christian Schwab
$67 → $88MaintainsBuyGet Alert
03/08/2024Buy Now30.74%Stifel
Tore Svanberg
$72 → $86ReiteratesBuy → BuyGet Alert
03/08/2024Buy Now44.42%Needham
Quinn Bolton
$65 → $95MaintainsBuyGet Alert
03/08/2024Buy Now52.02%Piper Sandler
Harsh Kumar
$70 → $100ReiteratesOverweight → OverweightGet Alert
03/08/2024Buy Now44.42%Roth MKM
Suji Desilva
$60 → $95MaintainsBuyGet Alert
03/08/2024Buy Now44.42%Susquehanna
Christopher Rolland
$80 → $95MaintainsPositiveGet Alert
03/08/2024Buy Now7.94%Morgan Stanley
Joseph Moore
$84 → $71MaintainsEqual-WeightGet Alert
03/08/2024Buy Now36.82%Wells Fargo
Gary Mobley
$80 → $90MaintainsOverweightGet Alert
03/08/2024Buy Now48.98%Jefferies
Mark Lipacis
$68 → $98MaintainsBuyGet Alert
03/08/2024Buy Now44.42%B of A Securities
Vivek Arya
$80 → $95MaintainsBuyGet Alert
03/08/2024Buy Now27.7%Goldman Sachs
Toshiya Hari
$74 → $84MaintainsBuyGet Alert
03/08/2024Buy Now36.82%Wolfe Research
Chris Caso
$70 → $90MaintainsOutperformGet Alert
03/08/2024Buy Now36.82%JP Morgan
Harlan Sur
$70 → $90MaintainsOverweightGet Alert
03/08/2024Buy Now36.82%Deutsche Bank
Ross Seymore
$67 → $90MaintainsBuyGet Alert
03/08/2024Buy NowSummit Insights Group
Kinngai Chan
UpgradeHold → BuyGet Alert
03/08/2024Buy Now44.42%Keybanc
John Vinh
$70 → $95MaintainsOverweightGet Alert
03/04/2024Buy Now52.02%Rosenblatt
Hans Mosesmann
→ $100ReiteratesBuy → BuyGet Alert
03/04/2024Buy Now44.42%B. Riley Securities
Craig Ellis
$85 → $95ReiteratesBuy → BuyGet Alert
02/29/2024Buy Now21.62%Oppenheimer
Rick Schafer
$70 → $80ReiteratesOutperform → OutperformGet Alert
02/26/2024Buy Now26.18%UBS
Timothy Arcuri
$70 → $83MaintainsBuyGet Alert
01/23/2024Buy Now21.62%Cantor Fitzgerald
C J Muse
→ $80Initiates → OverweightGet Alert
01/19/2024Buy Now18.58%Raymond James
Srini Pajjuri
$62 → $68MaintainsOutperformGet Alert
01/16/2024Buy Now14.02%Barclays
Tom O'Malley
$70 → $75MaintainsOverweightGet Alert
01/12/2024Buy Now14.02%Citigroup
Atif Malik
$61 → $75MaintainsBuyGet Alert
12/05/2023Buy Now6.42%Barclays
Blayne Curtis
$75 → $70MaintainsOverweightGet Alert
12/01/2023Buy Now6.42%UBS
Timothy Arcuri
$75 → $70MaintainsBuyGet Alert
12/01/2023Buy Now6.42%Piper Sandler
Harsh Kumar
$75 → $70MaintainsOverweightGet Alert
12/01/2023Buy Now14.02%Benchmark
Cody Acree
→ $75ReiteratesBuy → BuyGet Alert
12/01/2023Buy Now-1.19%Susquehanna
Christopher Rolland
$70 → $65MaintainsPositiveGet Alert
12/01/2023Buy Now-4.23%Morgan Stanley
Joseph Moore
$65 → $63MaintainsEqual-WeightGet Alert
12/01/2023Buy Now-5.75%Raymond James
Srini Pajjuri
$64 → $62MaintainsOutperformGet Alert
12/01/2023Buy Now-1.19%Needham
Quinn Bolton
→ $65ReiteratesBuy → BuyGet Alert
12/01/2023Buy Now52.02%Rosenblatt
Hans Mosesmann
→ $100ReiteratesBuy → BuyGet Alert
12/01/2023Buy Now6.42%Keybanc
John Vinh
$80 → $70MaintainsOverweightGet Alert
11/30/2023Buy Now52.02%Rosenblatt
Hans Mosesmann
→ $100ReiteratesBuy → BuyGet Alert
11/14/2023Buy Now-8.79%Roth MKM
Suji Desilva
→ $60Initiates → BuyGet Alert
08/25/2023Buy Now14.02%B of A Securities
Vivek Arya
$80 → $75MaintainsBuyGet Alert
08/25/2023Buy Now-1.19%Morgan Stanley
Joseph Moore
$68 → $65MaintainsEqual-WeightGet Alert
08/25/2023Buy Now17.06%B. Riley Securities
Craig Ellis
$75 → $77MaintainsBuyGet Alert
08/25/2023Buy Now6.42%Oppenheimer
Rick Schafer
→ $70ReiteratesOutperform → OutperformGet Alert
08/25/2023Buy Now-1.19%Needham
Quinn Bolton
→ $65ReiteratesBuy → BuyGet Alert
08/25/2023Buy Now52.02%Rosenblatt
Hans Mosesmann
→ $100ReiteratesBuy → BuyGet Alert
08/23/2023Buy Now6.42%Susquehanna
Christopher Rolland
$60 → $70MaintainsPositiveGet Alert
08/22/2023Buy Now52.02%Rosenblatt
Hans Mosesmann
→ $100ReiteratesBuy → BuyGet Alert
08/18/2023Buy Now14.02%B. Riley Securities
Craig Ellis
$60 → $75UpgradeNeutral → BuyGet Alert
07/20/2023Buy Now14.02%Stifel
Tore Svanberg
$65 → $75MaintainsBuyGet Alert
07/20/2023Buy Now14.02%Barclays
Blayne Curtis
$55 → $75MaintainsOverweightGet Alert
07/20/2023Buy Now21.62%Wolfe Research
Chris Caso
→ $80Initiates → OutperformGet Alert
07/11/2023Buy Now21.62%Keybanc
John Vinh
$70 → $80MaintainsOverweightGet Alert
06/21/2023Buy Now-1.19%Stifel
Tore Svanberg
→ $65ReiteratesBuy → BuyGet Alert
06/16/2023Buy Now3.37%Morgan Stanley
Joseph Moore
$55 → $68MaintainsEqual-WeightGet Alert
05/30/2023Buy Now-8.79%Goldman Sachs
Toshiya Hari
$46 → $60MaintainsBuyGet Alert
05/26/2023Buy Now6.42%JP Morgan
Harlan Sur
$60 → $70MaintainsOverweightGet Alert
05/26/2023Buy Now1.85%Craig-Hallum
Christian Schwab
$56 → $67MaintainsBuyGet Alert
05/26/2023Buy Now6.42%Oppenheimer
Rick Schafer
→ $70ReiteratesOutperform → OutperformGet Alert
05/26/2023Buy Now6.42%Evercore ISI Group
C J Muse
$60 → $70MaintainsOutperformGet Alert
05/26/2023Buy Now-2.71%Raymond James
Srini Pajjuri
$50 → $64MaintainsOutperformGet Alert
05/26/2023Buy Now-16.39%Morgan Stanley
Joseph Moore
$45 → $55MaintainsEqual-WeightGet Alert
05/26/2023Buy Now-8.79%Susquehanna
Christopher Rolland
$53 → $60MaintainsPositiveGet Alert
05/26/2023Buy Now-1.19%Wells Fargo
Gary Mobley
$54 → $65MaintainsOverweightGet Alert
05/26/2023Buy Now-1.19%TD Cowen
Matthew Ramsay
$50 → $65MaintainsOutperformGet Alert
05/26/2023Buy Now-1.19%Stifel
Tore Svanberg
$56 → $65MaintainsBuyGet Alert
05/26/2023Buy Now6.42%B of A Securities
Vivek Arya
$51 → $70MaintainsBuyGet Alert
05/26/2023Buy Now52.02%Rosenblatt
Hans Mosesmann
→ $100ReiteratesBuy → BuyGet Alert
05/26/2023Buy Now-1.19%Needham
Quinn Bolton
$50 → $65ReiteratesBuy → BuyGet Alert
05/26/2023Buy Now-16.39%Barclays
Blayne Curtis
$45 → $55MaintainsOverweightGet Alert
05/26/2023Buy Now-7.27%Citigroup
Atif Malik
$58 → $61MaintainsBuyGet Alert
05/26/2023Buy Now-1.19%Deutsche Bank
Ross Seymore
$50 → $65MaintainsBuyGet Alert
05/26/2023Buy Now6.42%Keybanc
John Vinh
$60 → $70MaintainsOverweightGet Alert
05/19/2023Buy Now6.42%Oppenheimer
Rick Schafer
→ $70ReiteratesOutperform → OutperformGet Alert
04/19/2023Buy Now-14.87%Stifel
Tore Svanberg
$58 → $56MaintainsBuyGet Alert
03/23/2023Buy Now-22.47%B of A Securities
Vivek Arya
→ $51Reiterates → NeutralGet Alert
03/09/2023Buy Now-23.99%Susquehanna
Christopher Rolland
→ $50Reiterates → PositiveGet Alert
03/06/2023Buy Now-30.07%Goldman Sachs
Toshiya Hari
$54 → $46MaintainsBuyGet Alert
03/03/2023Buy Now-14.87%Craig-Hallum
Christian Schwab
$63 → $56MaintainsBuyGet Alert
03/03/2023Buy Now-31.59%Morgan Stanley
Joseph Moore
$41 → $45MaintainsEqual-WeightGet Alert
03/03/2023Buy Now-23.99%TD Cowen
Karl Ackerman
$55 → $50MaintainsOutperformGet 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 Keybanc on July 9, 2024. The analyst firm set a price target for $95.00 expecting MRVL to rise to within 12 months (a possible 44.42% upside). 68 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 Keybanc, 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 July 9, 2024 so you should expect the next rating to be made available sometime around July 9, 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 $90.00 to $95.00. The current price Marvell Tech (MRVL) is trading at is $65.78, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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