Marvell Technology, Inc. (MRVL)

Marvell Technology Stock Forecast

Stock Price Forecast

The 25 analysts with 12-month price forecasts for Marvell Technology stock have an average target of 120.76, with a low estimate of 85 and a high estimate of 150. The average target predicts an increase of 68.47% from the current stock price of 71.68.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$85	$120.76	$125	$150
Change	+18.58%	+68.47%	+74.39%	+109.26%

Analyst Ratings

The average analyst rating for Marvell Technology stock from 25 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	14	14	14	14	14	13
Buy	13	13	14	12	12	11
Hold	1	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	28	29	30	28	28	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Moore Morgan Stanley	Morgan Stanley	Hold Maintains $113 → $90	Hold	Maintains	$113 → $90	+25.56%	Mar 6, 2025
Tore Svanberg Stifel	Stifel	Strong Buy Maintains $130 → $115	Strong Buy	Maintains	$130 → $115	+60.44%	Mar 6, 2025
Atif Malik Citigroup	Citigroup	Strong Buy Maintains $136 → $122	Strong Buy	Maintains	$136 → $122	+70.20%	Mar 6, 2025
Gary Mobley Loop Capital	Loop Capital	Hold → Strong Buy Upgrades $110	Hold → Strong Buy	Upgrades	$110	+53.46%	Mar 6, 2025
Harsh Kumar Piper Sandler	Piper Sandler	Buy Maintains $120 → $95	Buy	Maintains	$120 → $95	+32.53%	Mar 6, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

8.35B

Increased by 44.85%

from 5.77B

Revenue Next Year

9.92B

Increased by 18.73%

from 8.35B

EPS This Year

2.80

from -1.02

EPS Next Year

3.69

Increased by 31.66%

from 2.80

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2027
Period Ending	Jan 30, 2021	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 1, 2025	Feb 1, 2026	Jan 31, 2027	Feb 1, 2027
Revenue	2.97B	4.46B	5.92B	5.51B	5.77B	8.35B	9.92B	10.01B
Revenue Growth	9.99%	50.30%	32.66%	-6.96%	4.71%	44.85%	18.73%	0.96%
EPS	-0.41	-0.53	-0.19	-1.08	-1.02	2.80	3.69	3.69
EPS Growth	-	-	-	-	-	-	31.66%	-0.05%
Forward PE	-	-	-	-	-	25.56	19.41	19.42
No. Analysts	-	-	-	-	-	40	26	32

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

Revenue Forecast

Revenue	2026	2027	2027	2028	2028	2029	2030
High	9.4B	11.9B	11.6B
Avg	8.4B	9.9B	10.0B
Low	7.6B	8.8B	8.7B

Revenue Growth

Revenue Growth	2026	2027	2027	2028	2028	2029	2030
High	62.7%	42.7%	16.8%
Avg	44.9%	18.7%	1.0%
Low	32.2%	5.2%	-12.4%

EPS Forecast

EPS	2026	2027	2027	2028	2028	2029	2030
High	3.32	4.58	4.55
Avg	2.80	3.69	3.69
Low	2.13	2.92	2.92

EPS Growth

EPS Growth	2026	2027	2027	2028	2028	2029	2030
High	-	63.2%	23.3%
Avg	-	31.7%	-0.1%
Low	-	4.1%	-20.9%

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.