Marvell Technology, Inc. (MRVL)
NASDAQ: MRVL · Real-Time Price · USD
103.81
-4.90 (-4.51%)
At close: Feb 21, 2025, 4:00 PM
103.60
-0.21 (-0.20%)
After-hours: Feb 21, 2025, 7:59 PM EST
Marvell Technology Stock Forecast
Stock Price Forecast
The 27 analysts with 12-month price forecasts for Marvell Technology stock have an average target of 118.96, with a low estimate of 85 and a high estimate of 150. The average target predicts an increase of 14.59% from the current stock price of 103.81.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Marvell Technology stock from 28 stock analysts 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
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 14 | 14 | 14 | 14 |
| Buy | 13 | 13 | 13 | 14 | 12 | 12 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 28 | 28 | 29 | 30 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $120 → $113 | Hold | Maintains | $120 → $113 | +8.85% | Jan 28, 2025 |
| Keybanc | Keybanc | Buy Maintains $125 → $135 | Buy | Maintains | $125 → $135 | +30.05% | Jan 22, 2025 |
| Barclays | Barclays | Buy Maintains $115 → $150 | Buy | Maintains | $115 → $150 | +44.49% | Jan 17, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $130 → $140 | Buy | Maintains | $130 → $140 | +34.86% | Jan 13, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $115 → $131 | Strong Buy | Maintains | $115 → $131 | +26.19% | Jan 10, 2025 |
Financial Forecast
Revenue This Year
5.86B
from 5.51B
Increased by 6.32%
Revenue Next Year
8.33B
from 5.86B
Increased by 42.26%
EPS This Year
1.59
from -1.08
EPS Next Year
2.87
from 1.59
Increased by 80.35%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| High | 6.1B | 9.2B | 11.9B | ||||
| Avg | 5.9B | 8.3B | 9.9B | ||||
| Low | 5.4B | 7.6B | 8.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| High | 10.7% | 57.3% | 43.1% | ||||
| Avg | 6.3% | 42.3% | 19.1% | ||||
| Low | -2.4% | 30.2% | 5.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| High | 1.69 | 4.69 | 4.58 | ||||
| Avg | 1.59 | 2.87 | 3.69 | ||||
| Low | 1.44 | 2.13 | 2.92 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|
| High | - | 195.4% | 59.7% | ||||
| Avg | - | 80.4% | 28.8% | ||||
| Low | - | 33.8% | 1.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.