Marvell Technology Stock Forecast

Stock Price Forecast

According to 43 analysts polled by S&P Global, Marvell Technology stock has a consensus rating of "Strong Buy" and an average price target of $256.91. The average 1-year stock price forecast is 17.46% higher than the current stock price, while the lowest is $126 (-42.39%) and the highest is $400 (+82.88%).

Price Target: $256.91 (+17.46%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$126	$256.91	$242.5	$400
Change	-42.39%	+17.46%	+10.87%	+82.88%

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

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	26	30	30	31	31	30
Buy	7	6	6	8	7	8
Hold	11	7	6	5	5	5
Sell	0	0	1	0	1	0
Strong Sell	0	0	0	0	0	0
Total	44	43	43	44	44	43

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aaron Rakers Wells Fargo	Wells Fargo	Buy Maintains $240	Buy	Maintains	$240	+9.73%	Jul 31, 2026
Joseph Moore Morgan Stanley	Morgan Stanley	Hold Maintains $195	Hold	Maintains	$195	-10.84%	Jul 27, 2026
Stephan Lingnau Erste Group	Erste Group	Hold Downgrades n/a	Hold	Downgrades	n/a	n/a	Jul 15, 2026
John Vinh KeyBanc	KeyBanc	Buy Maintains $385 → $400	Buy	Maintains	$385 → $400	+82.88%	Jul 14, 2026
Amanda Tan DBS	DBS	Buy Maintains $290	Buy	Maintains	$290	+32.59%	Jul 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

11.53B

from 8.19B

40.70%

from 8.19B

Revenue Next Year

16.73B

from 11.53B

45.12%

from 11.53B

EPS This Year

4.05

from 2.84

42.57%

from 2.84

EPS Next Year

6.24

from 4.05

54.13%

from 4.05

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 1, 2025	Jan 31, 2026	Jan 31, 2027
Revenue	4.46B	5.92B	5.51B	5.77B	8.19B	11.53B
Revenue Growth	50.31%	32.66%	-6.96%	4.71%	42.09%	40.70%
Operating Income	-59.10M	398.30M	-436.60M	-8.50M	1.34B	4.27B
Net Income	-421.00M	-163.50M	-933.40M	-885.00M	2.67B	1.67B
EPS	-	-	-	-	2.84	4.05
EPS Growth	-	-	-	-	80.89%	42.57%
Forward PE	31.80	23.54	36.15	43.66	23.66	54.02
Dividend / Share	0.24	0.24	0.24	0.24	0.24	0.24
Dividend Growth	-	-	-	-	-	-0.12%
Free Cash Flow	893.38M	1.88B	1.46B	1.69B	1.44B	2.52B
No. Analysts	-	-	-	-	-	38

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	12.0B
Avg	11.5B
Low	11.4B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	46.1%
Avg	40.7%
Low	38.8%

EPS Forecast

Chart

EPS	2027	2028	2029
High	4.20
Avg	4.05
Low	3.81

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	47.8%
Avg	42.6%
Low	34.2%