Marvell Technology, Inc. (MRVL)

Marvell Technology Stock Forecast

Stock Price Forecast

The 30 analysts that cover Marvell Technology stock have a consensus rating of "Strong Buy" and an average price target of $99.8, which forecasts a 38.59% increase in the stock price over the next year. The lowest target is $67 and the highest is $150.

Price Target: $99.8 (+38.59%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$67	$99.8	$90	$150
Change	-6.96%	+38.59%	+24.98%	+108.30%

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

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	14	16	13	14	14	14
Buy	12	14	12	11	11	11
Hold	2	1	1	4	4	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	28	31	26	29	29	30

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Schneider Goldman Sachs	Goldman Sachs	Hold Initiates $75	Hold	Initiates	$75	+4.15%	Jul 10, 2025
Matthew Prisco Cantor Fitzgerald	Cantor Fitzgerald	Hold Maintains $60 → $75	Hold	Maintains	$60 → $75	+4.15%	Jun 18, 2025
Craig Ellis B. Riley Securities	B. Riley Securities	Strong Buy Maintains $110 → $115	Strong Buy	Maintains	$110 → $115	+59.70%	Jun 18, 2025
Ben Reitzes Melius Research	Melius Research	Hold Maintains $67 → $76	Hold	Maintains	$67 → $76	+5.54%	Jun 18, 2025
Vivek Arya B of A Securities	B of A Securities	Strong Buy Maintains $80 → $90	Strong Buy	Maintains	$80 → $90	+24.98%	Jun 18, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

8.41B

Increased by 45.84%

from 5.77B

Revenue Next Year

9.92B

Increased by 17.93%

from 8.41B

EPS This Year

2.86

from -1.02

EPS Next Year

3.69

Increased by 29.14%

from 2.86

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	8.41B	9.92B	9.99B
Revenue Growth	9.99%	50.31%	32.66%	-6.96%	4.71%	45.84%	17.93%	0.67%
EPS	-0.41	-0.53	-0.19	-1.08	-1.02	2.86	3.69	3.62
EPS Growth	-	-	-	-	-	-	29.14%	-1.94%
Forward PE	-	-	-	-	-	25.18	19.50	19.89
No. Analysts	-	-	-	-	-	42	26	43

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

Revenue Forecast

Revenue	2026	2027	2027	2028	2028	2029	2030
High	8.8B	11.9B	10.8B
Avg	8.4B	9.9B	10.0B
Low	8.0B	8.8B	9.1B

Revenue Growth

Revenue Growth	2026	2027	2027	2028	2028	2029	2030
High	53.3%	41.7%	9.0%
Avg	45.8%	17.9%	0.7%
Low	38.4%	4.5%	-8.5%

EPS Forecast

EPS	2026	2027	2027	2028	2028	2029	2030
High	3.09	4.58	4.20
Avg	2.86	3.69	3.62
Low	2.56	2.92	2.68

EPS Growth

EPS Growth	2026	2027	2027	2028	2028	2029	2030
High	-	60.1%	13.7%
Avg	-	29.1%	-1.9%
Low	-	2.1%	-27.5%

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.