Marvell Technology, Inc. (MRVL)

Marvell Technology Stock Forecast

Stock Price Forecast

The 32 analysts that cover Marvell Technology stock have a consensus rating of "Strong Buy" and an average price target of $116.34, which forecasts a 29.95% increase in the stock price over the next year. The lowest target is $67 and the highest is $164.

Price Target: $116.34 (+29.95%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$67	$116.34	$120	$164
Change	-25.16%	+29.95%	+34.03%	+83.18%

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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	14	14	13	12	12	15
Buy	8	8	8	8	8	9
Hold	9	10	11	10	10	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	31	32	32	30	30	32

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Harlan Sur JP Morgan	JP Morgan	Buy Maintains $130 → $135	Buy	Maintains	$130 → $135	+50.79%	Mar 6, 2026
Christian Schwab Craig-Hallum	Craig-Hallum	Strong Buy Maintains $141 → $164	Strong Buy	Maintains	$141 → $164	+83.18%	Mar 6, 2026
Craig Ellis B. Riley Securities	B. Riley Securities	Strong Buy Reiterates $130 → $135	Strong Buy	Reiterates	$130 → $135	+50.79%	Mar 6, 2026
Joshua Buchalter TD Cowen	TD Cowen	Hold Maintains $85 → $90	Hold	Maintains	$85 → $90	+0.52%	Mar 6, 2026
Atif Malik Citigroup	Citigroup	Strong Buy Maintains $113 → $118	Strong Buy	Maintains	$113 → $118	+31.80%	Mar 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

10.19B

Increased by 24.40%

from 8.19B

Revenue Next Year

10.21B

Increased by 0.13%

from 10.19B

EPS This Year

3.46

Increased by 12.58%

from 3.07

EPS Next Year

3.49

Increased by 1.08%

from 3.46

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2027
Period Ending	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 1, 2025	Jan 31, 2026	Jan 31, 2027	Mar 31, 2027
Revenue	4.46B	5.92B	5.51B	5.77B	8.19B	10.19B	10.21B
Revenue Growth	50.31%	32.66%	-6.96%	4.71%	42.09%	24.40%	0.13%
EPS	-0.53	-0.19	-1.08	-1.02	3.07	3.46	3.49
EPS Growth	-	-	-	-	-	12.58%	1.08%
Forward PE	-	-	-	-	-	25.90	25.63
No. Analysts	-	-	-	-	-	26	47

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

Revenue Forecast

Revenue	2027	2027	2028	2028	2029	2031
High	10.8B	11.0B
Avg	10.2B	10.2B
Low	9.2B	9.2B

Revenue Growth

Revenue Growth	2027	2027	2028	2028	2029	2031
High	31.2%	8.1%
Avg	24.4%	0.1%
Low	12.2%	-9.8%

EPS Forecast

EPS	2027	2027	2028	2028	2029	2031
High	3.88	4.15
Avg	3.46	3.49
Low	3.01	2.63

EPS Growth

EPS Growth	2027	2027	2028	2028	2029	2031
High	26.3%	20.0%
Avg	12.6%	1.1%
Low	-2.0%	-24.0%

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.