Marvell Technology, Inc. (MRVL)

Marvell Technology Stock Forecast

Stock Price Forecast

According to 28 professional analysts, the 12-month price target for Marvell Technology stock ranges from a low of $60 to a high of $150. The average analyst price target of $98.61 forecasts a 51.34% increase in the stock price over the next year.

Price Target: $98.61 (+51.34%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$60	$98.61	$90	$150
Change	-7.92%	+51.34%	+38.12%	+130.20%

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Moore Morgan Stanley	Morgan Stanley	Hold Maintains $70 → $73	Hold	Maintains	$70 → $73	+12.03%	May 30, 2025
Gary Mobley Loop Capital	Loop Capital	Strong Buy Maintains $110 → $90	Strong Buy	Maintains	$110 → $90	+38.12%	May 30, 2025
Ross Seymore Deutsche Bank	Deutsche Bank	Strong Buy Maintains $100 → $85	Strong Buy	Maintains	$100 → $85	+30.45%	May 30, 2025
Srini Pajjuri Raymond James	Raymond James	Buy Reiterates $110 → $90	Buy	Reiterates	$110 → $90	+38.12%	May 30, 2025
Mark Lipacis Evercore ISI Group	Evercore ISI Group	Buy Maintains $135 → $133	Buy	Maintains	$135 → $133	+104.11%	May 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

8.49B

Increased by 47.19%

from 5.77B

Revenue Next Year

9.92B

Increased by 16.85%

from 8.49B

EPS This Year

2.86

from -1.02

EPS Next Year

3.69

Increased by 29.22%

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	8.49B	9.92B	9.96B
Revenue Growth	9.99%	50.31%	32.66%	-6.96%	4.71%	47.19%	16.85%	0.42%
EPS	-0.41	-0.53	-0.19	-1.08	-1.02	2.86	3.69	3.64
EPS Growth	-	-	-	-	-	-	29.22%	-1.34%
Forward PE	-	-	-	-	-	22.80	17.65	17.89
No. Analysts	-	-	-	-	-	41	26	39

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

Revenue Forecast

Revenue	2026	2027	2027	2028	2029	2030
High	11.9B	11.9B	10.8B
Avg	8.5B	9.9B	10.0B
Low	7.8B	8.8B	8.8B

Revenue Growth

Revenue Growth	2026	2027	2027	2028	2029	2030
High	106.1%	40.4%	9.0%
Avg	47.2%	16.8%	0.4%
Low	35.9%	3.5%	-10.9%

EPS Forecast

EPS	2026	2027	2027	2028	2029	2030
High	3.21	4.58	4.28
Avg	2.86	3.69	3.64
Low	2.53	2.92	2.97

EPS Growth

EPS Growth	2026	2027	2027	2028	2029	2030
High	-	60.2%	16.0%
Avg	-	29.2%	-1.3%
Low	-	2.2%	-19.6%

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.