Marvell Technology, Inc. (MRVL)
NASDAQ: MRVL · Real-Time Price · USD
53.32
+1.06 (2.03%)
At close: Apr 15, 2025, 4:00 PM
51.80
-1.52 (-2.85%)
After-hours: Apr 15, 2025, 7:17 PM EDT
Marvell Technology Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Marvell Technology stock have an average target of 119.72, with a low estimate of 85 and a high estimate of 150. The average target predicts an increase of 124.53% from the current stock price of 53.32.
Analyst Consensus: Strong Buy
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 14 | 14 | 16 | 13 |
| Buy | 13 | 14 | 12 | 12 | 13 | 11 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 29 | 30 | 28 | 28 | 30 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $122 → $96 | Strong Buy | Maintains | $122 → $96 | +80.05% | Apr 11, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $113 → $90 | Hold | Maintains | $113 → $90 | +68.79% | Mar 6, 2025 |
| Stifel | Stifel | Strong Buy Maintains $130 → $115 | Strong Buy | Maintains | $130 → $115 | +115.68% | Mar 6, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $136 → $122 | Strong Buy | Maintains | $136 → $122 | +128.81% | Mar 6, 2025 |
| Loop Capital | Loop Capital | Hold → Strong Buy Upgrades $110 | Hold → Strong Buy | Upgrades | $110 | +106.30% | Mar 6, 2025 |
Financial Forecast
Revenue This Year
8.40B
from 5.77B
Increased by 45.70%
Revenue Next Year
9.92B
from 8.40B
Increased by 18.04%
EPS This Year
2.87
from -1.02
EPS Next Year
3.69
from 2.87
Increased by 28.46%
Revenue Forecast
| Revenue | 2026 | 2027 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 9.3B | 11.9B | 11.7B | |||
| Avg | 8.4B | 9.9B | 10.2B | |||
| Low | 7.8B | 8.8B | 9.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 60.6% | 41.9% | 17.8% | |||
| Avg | 45.7% | 18.0% | 2.4% | |||
| Low | 35.9% | 4.6% | -9.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 3.21 | 4.58 | 4.38 | |||
| Avg | 2.87 | 3.69 | 3.73 | |||
| Low | 2.60 | 2.92 | 3.00 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | - | 59.3% | 18.6% | |||
| Avg | - | 28.5% | 1.1% | |||
| Low | - | 1.6% | -18.8% |
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.