Marvell Technology, Inc. (MRVL)
NASDAQ: MRVL · Real-Time Price · USD
272.29
+4.21 (1.57%)
At close: Oct 2, 2026, 4:00 PM EDT
273.20
+0.91 (0.33%)
After-hours: Oct 2, 2026, 7:20 PM EDT

Marvell Technology Stock Forecast

Stock Price Forecast

According to 46 analysts polled by S&P Global, Marvell Technology stock has a consensus rating of "Strong Buy" and an average price target of $290.97. The average 1-year stock price forecast is 6.86% higher than the current stock price, while the lowest is $210 (-22.88%) and the highest is $400 (+46.90%).

Price Target: $290.97 (+6.86%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$210$290.97$284$400
Change-22.88%+6.86%+4.30%+46.90%

Analyst Ratings

The average analyst rating for Marvell Technology stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy303131303132
Buy687889
Hold655555
Sell101000
Strong Sell000000
Total434444434446

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Piper Sandler
Piper Sandler
Buy
Maintains
$270
BuyMaintains$270-0.84%Oct 2, 2026
Jefferies
Jefferies
Buy
Maintains
$325
BuyMaintains$325+19.36%Sep 29, 2026
Citi
Citi
Buy
Reiterates
$275
BuyReiterates$275+1.00%Sep 29, 2026
UBS
UBS
Buy
Maintains
$310 → $335
BuyMaintains$310 → $335+23.03%Sep 28, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Maintains
$300 → $330
HoldMaintains$300 → $330+21.19%Sep 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
12.05B
from 8.19B
Increased by 47.05%
Revenue Next Year
18.22B
from 12.05B
Increased by 51.23%
EPS This Year
4.21
from 2.84
Increased by 48.29%
EPS Next Year
6.77
from 4.21
Increased by 60.74%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJan 29, 2022Jan 28, 2023Feb 3, 2024Feb 1, 2025Jan 31, 2026Jan 31, 2027
Revenue
4.46B5.92B5.51B5.77B8.19B12.05B
Revenue Growth
50.31%32.66%-6.96%4.71%42.09%47.05%
Operating Income
-59.10M398.30M-436.60M-8.50M1.34B4.52B
Net Income
-421.00M-163.50M-933.40M-885.00M2.67B1.66B
EPS
----2.844.21
EPS Growth
----80.89%48.29%
Forward PE
31.8023.5436.1543.6623.6664.66
Dividend / Share
0.240.240.240.240.240.24
Dividend Growth
------0.25%
Free Cash Flow
----1.40B2.65B
No. Analysts
-----39
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High12.2B
Avg12.1B
Low11.9B

Revenue Growth

Revenue Growth202720282029
High
49.3%
Avg
47.0%
Low
45.7%

EPS Forecast

EPS202720282029
High4.61
Avg4.21
Low3.92

EPS Growth

EPS Growth202720282029
High
62.5%
Avg
48.3%
Low
38.0%