Marvell Technology Stock Forecast

Stock Price Forecast

The 27 analysts with 12-month price forecasts for Marvell Technology stock have an average target of 119.22, with a low estimate of 85 and a high estimate of 150. The average target predicts a decrease of -4.78% from the current stock price of 125.21.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$85	$119.22	$125	$150
Change	-32.11%	-4.78%	-0.17%	+19.80%

Analyst Ratings

The average analyst rating for MRVL 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	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	14	14	14	14	14	14
Buy	13	13	13	13	14	12
Hold	1	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	28	28	28	29	30	28

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Vinh Keybanc	Keybanc	Buy Maintains $125 → $135	Buy	Maintains	$125 → $135	+7.82%	Jan 22, 2025
Blayne Curtis Barclays	Barclays	Buy Maintains $115 → $150	Buy	Maintains	$115 → $150	+19.80%	Jan 17, 2025
Aaron Rakers Wells Fargo	Wells Fargo	Buy Maintains $130 → $140	Buy	Maintains	$130 → $140	+11.81%	Jan 13, 2025
Toshiya Hari Goldman Sachs	Goldman Sachs	Strong Buy Maintains $115 → $131	Strong Buy	Maintains	$115 → $131	+4.62%	Jan 10, 2025
Christian Schwab Craig-Hallum	Craig-Hallum	Strong Buy Maintains $132 → $149	Strong Buy	Maintains	$132 → $149	+19.00%	Jan 6, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.85B

from 5.51B

6.29%

from 5.51B

Revenue Next Year

8.35B

from 5.85B

42.59%

from 5.85B

EPS This Year

1.59

from -1.08

EPS Next Year

2.80

from 1.59

76.50%

from 1.59

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Feb 1, 2020	Jan 30, 2021	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 3, 2025	Feb 3, 2026	Jan 31, 2027
Revenue	2.70B	2.97B	4.46B	5.92B	5.51B	5.85B	8.35B	9.92B
Revenue Growth	-5.81%	9.99%	50.30%	32.66%	-6.96%	6.29%	42.59%	18.83%
EPS	2.34	-0.41	-0.53	-0.19	-1.08	1.59	2.80	3.69
EPS Growth	-	-	-	-	-	-	76.50%	31.70%
Forward PE	-	-	-	-	-	78.82	44.66	33.91
No. Analysts	-	-	-	-	-	38	38	26

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	6.1B	9.7B	11.9B
Avg	5.9B	8.3B	9.9B
Low	5.4B	7.6B	8.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.0%	66.2%	42.8%
Avg	6.3%	42.6%	18.8%
Low	-2.4%	30.2%	5.3%

EPS Forecast

EPS	2025	2026	2027
High	1.69	3.32	4.58
Avg	1.59	2.80	3.69
Low	1.44	2.13	2.92

EPS Growth

EPS Growth	2025	2026	2027
High	-	108.9%	63.3%
Avg	-	76.5%	31.7%
Low	-	33.9%	4.2%

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.