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Marvell (MRVL) Stock Forecast, Price Target & Predictions

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MRVL Stock Forecast

Marvell stock forecast is as follows: an average price target of $87.03 (represents a -2.59% downside from MRVL’s last price of $89.34) and a rating consensus of 'Buy', based on 27 wall street analysts offering a 1-year stock forecast.

MRVL Price Target

The average price target for Marvell (MRVL) is $87.03 based on 1-year price targets from 27 Wall Street analysts in the past 3 months, with a price target range of $115.00 to $53.00. This represents a potential -2.59% downside from MRVL's last price of $89.34.

MRVL Analyst Ratings

Buy

According to 27 Wall Street analysts, Marvell's rating consensus is 'Buy'. The analyst rating breakdown for MRVL stock is 1 'Strong Buy' (3.70%), 23 'Buy' (85.19%), 3 'Hold' (11.11%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Marvell Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 14, 2024Atif MalikCitigroup$91.00$74.0122.96%1.86%
Aug 30, 2024Toshiya HariGoldman Sachs$87.00$76.1414.26%-2.62%
Aug 30, 2024Mark LipacisEvercore ISI$98.00$69.8440.32%9.69%
Aug 30, 2024Tore SvanbergStifel Nicolaus$95.00$69.8436.03%6.34%
Aug 30, 2024Tom O'MalleyBarclays$85.00$69.8421.71%-4.86%
May 31, 2024Angelo ZinoCFRA$94.00$68.8136.61%5.22%
May 31, 2024Tore SvanbergStifel Nicolaus$90.00$76.8517.11%0.74%
May 31, 2024Harsh KumarPiper Sandler$100.00$76.8530.12%11.93%
May 31, 2024Rick ShaferOppenheimer$90.00$76.8517.11%0.74%
May 31, 2024Craig EllisB.Riley Financial$100.00$76.8530.12%11.93%
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The latest Marvell stock forecast, released on Oct 14, 2024 by Atif Malik from Citigroup, set a price target of $91.00, which represents a 22.96% increase from the stock price at the time of the forecast ($74.01), and a 1.86% increase from MRVL last price ($89.34).

Marvell Price Target by Period

1M3M12M
# Anlaysts-522
Avg Price Target-$91.20$88.27
Last Closing Price$89.34$89.34$89.34
Upside/Downside-100.00%2.08%-1.20%

In the current month, the average price target of Marvell stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Marvell's last price of $89.34. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 11, 2024Loop Capital Markets-HoldInitialise
Oct 14, 2024Rosenblatt SecuritiesBuyBuyHold
Oct 14, 2024Piper SandlerUnderperformUnderperformHold
Oct 14, 2024CitigroupBuyBuyHold
Aug 30, 2024Goldman SachsBuyBuyHold
Aug 30, 2024Cantor FitzgeraldOverweightOverweightHold
Aug 30, 2024Evercore ISIOutperformOutperformHold
Aug 30, 2024BenchmarkBuyBuyHold
Aug 30, 2024CitigroupBuyBuyHold
Aug 30, 2024Morgan StanleyEqual-WeightEqual-WeightHold
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Marvell's last stock rating was published by Loop Capital Markets on Nov 11, 2024. The company Initialise its MRVL rating from "null" to "Hold".

Marvell Financial Forecast

Marvell Revenue Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
Revenue------------$1.43B----------$832.28M------
Avg Forecast$2.41B$2.29B$2.16B$2.03B$2.04B$1.93B$1.80B$1.69B$1.64B$1.45B$1.25B$1.15B$1.42B$1.40B$1.33B$1.30B$1.40B$1.55B$1.52B$1.43B$1.32B$1.15B$1.07B$806.65M$786.08M$751.04M$720.67M$679.61M$711.40M$660.53M
High Forecast$2.48B$2.35B$2.22B$2.08B$2.09B$1.98B$1.86B$1.74B$1.66B$1.48B$1.25B$1.15B$1.42B$1.41B$1.37B$1.34B$1.44B$1.61B$1.57B$1.48B$1.37B$1.19B$1.10B$833.94M$812.67M$776.44M$745.04M$702.59M$735.46M$682.87M
Low Forecast$2.29B$2.17B$2.05B$1.93B$1.93B$1.83B$1.72B$1.61B$1.54B$1.38B$1.25B$1.15B$1.42B$1.33B$1.26B$1.24B$1.33B$1.48B$1.44B$1.35B$1.26B$1.09B$1.01B$765.65M$746.13M$712.86M$684.04M$645.07M$675.24M$626.96M
# Analysts141599981216191991381789159157108128856332
Surprise %------------1.00%----------1.03%------

Marvell's average Quarter revenue forecast for May 24 based on 13 analysts is $1.15B, with a low forecast of $1.15B, and a high forecast of $1.15B. MRVL's average Quarter revenue forecast represents a -19.12% decrease compared to the company's last Quarter revenue of $1.43B (Feb 24).

Marvell EBITDA Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts141599981216191991381789159157108128856332
EBITDA------------$352.60M----------$99.61M------
Avg Forecast$619.72M$588.89M$555.60M$521.78M$524.13M$496.80M$464.77M$435.50M$423.47M$374.58M$321.74M$473.20M$365.89M$360.53M$342.73M$430.18M$304.46M$443.13M$432.61M$391.07M$377.15M$327.54M$303.89M$155.56M$224.13M$214.13M$205.48M$193.77M$202.83M$188.33M
High Forecast$637.60M$605.88M$571.63M$536.83M$539.25M$511.13M$478.19M$448.07M$428.64M$382.33M$321.77M$567.84M$365.89M$363.11M$352.62M$516.22M$365.35M$458.20M$447.24M$469.29M$389.90M$338.61M$314.17M$186.68M$231.71M$221.38M$212.42M$200.32M$209.69M$194.70M
Low Forecast$588.91M$559.60M$527.97M$495.83M$498.07M$472.10M$441.66M$413.85M$397.65M$355.95M$321.71M$378.56M$365.89M$342.61M$325.69M$344.15M$243.57M$420.68M$410.62M$312.86M$357.98M$310.89M$288.45M$124.45M$212.74M$203.25M$195.03M$183.92M$192.52M$178.76M
Surprise %------------0.96%----------0.64%------

13 analysts predict MRVL's average Quarter EBITDA for May 24 to be $473.20M, with a high of $567.84M and a low of $378.56M. This is 34.20% upper than Marvell's previous annual EBITDA (Feb 24) of $352.60M.

Marvell Net Income Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts141599981216191991381789159157108128856332
Net Income------------$-392.70M----------$-88.24M------
Avg Forecast$795.57M$745.39M$675.96M$606.82M$632.04M$576.49M$513.32M$455.69M$449.45M$350.96M$254.14M$7.15M$399.84M$346.76M$279.32M$6.50M$-59.73M$507.65M$488.50M$5.91M$417.46M$333.08M$270.73M$16.54M$251.94M$217.63M$173.99M$1.66B$139.35M$147.75M
High Forecast$825.41M$773.35M$701.31M$629.59M$655.75M$598.11M$532.57M$472.78M$467.08M$368.51M$254.76M$8.58M$399.90M$359.77M$289.79M$7.80M$-47.79M$530.09M$509.98M$7.09M$435.81M$347.73M$282.63M$19.84M$263.02M$227.19M$181.64M$1.99B$145.48M$154.24M
Low Forecast$744.15M$697.20M$632.26M$567.60M$591.19M$539.22M$480.13M$426.23M$414.20M$328.27M$253.53M$5.72M$399.78M$338.09M$261.26M$5.20M$-71.68M$474.22M$456.22M$4.73M$389.88M$311.07M$252.84M$13.23M$235.29M$203.25M$162.49M$1.33B$130.14M$137.98M
Surprise %-------------0.98%-----------5.34%------

Marvell's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. MRVL's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Marvell SG&A Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts141599981216191991381789159157108128856332
SG&A------------$120.00M----------$201.47M------
Avg Forecast$403.08M$383.03M$361.38M$339.38M$340.91M$323.13M$302.30M$283.26M$275.44M$243.64M$209.27M$291.30M$237.98M$234.50M$222.92M$264.82M$232.52M$260.33M$254.14M$240.74M$221.56M$192.42M$178.53M$116.92M$131.67M$125.80M$120.71M$80.43M$119.16M$110.64M
High Forecast$414.71M$394.08M$371.80M$349.17M$350.74M$332.45M$311.02M$291.43M$278.80M$248.68M$209.29M$349.56M$237.99M$236.17M$229.35M$317.78M$279.02M$269.18M$262.74M$288.89M$229.06M$198.93M$184.57M$140.30M$136.12M$130.05M$124.79M$96.52M$123.19M$114.38M
Low Forecast$383.04M$363.98M$343.41M$322.50M$323.96M$307.06M$287.27M$269.18M$258.64M$231.52M$209.25M$233.04M$237.98M$222.84M$211.84M$211.86M$186.01M$247.14M$241.23M$192.60M$210.30M$182.64M$169.46M$93.53M$124.98M$119.40M$114.58M$64.34M$113.10M$105.02M
Surprise %------------0.50%----------1.72%------

Marvell's average Quarter SG&A projection for May 24 is $291.30M, based on 13 Wall Street analysts, with a range of $233.04M to $349.56M. The forecast indicates a 142.75% rise compared to MRVL last annual SG&A of $120.00M (Feb 24).

Marvell EPS Forecast

Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19
# Analysts141599981216191991381789159157108128856332
EPS------------$-0.45----------$-0.13------
Avg Forecast$0.92$0.86$0.78$0.70$0.73$0.67$0.59$0.53$0.52$0.41$0.29$0.24$0.46$0.40$0.32$0.29$0.46$0.59$0.56$0.51$0.48$0.38$0.31$0.27$0.29$0.25$0.20$0.14$0.16$0.17
High Forecast$0.95$0.89$0.81$0.73$0.76$0.69$0.62$0.55$0.54$0.43$0.29$0.24$0.46$0.42$0.33$0.30$0.48$0.61$0.59$0.54$0.50$0.40$0.33$0.28$0.30$0.26$0.21$0.15$0.17$0.18
Low Forecast$0.86$0.81$0.73$0.66$0.68$0.62$0.55$0.49$0.48$0.38$0.29$0.24$0.46$0.39$0.30$0.27$0.43$0.55$0.53$0.48$0.45$0.36$0.29$0.25$0.27$0.23$0.19$0.13$0.15$0.16
Surprise %-------------0.97%-----------0.48%------

According to undefined Wall Street analysts, Marvell's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to MRVL previous annual EPS of $NaN (undefined).

Marvell Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
INTCIntel$24.20$35.3846.20%Hold
MUMicron$97.73$136.5039.67%Buy
AMDAdvanced Micro Devices$139.39$176.1126.34%Buy
QCOMQUALCOMM$164.71$192.4816.86%Buy
AVGOBroadcom$165.35$169.812.70%Buy
MRVLMarvell$89.34$87.03-2.59%Buy
TSMTaiwan Semiconductor Manufacturing Company$189.67$168.00-11.43%Buy
NVDANVIDIA$147.01$130.20-11.43%Buy

MRVL Forecast FAQ

Is Marvell a good buy?

Yes, according to 27 Wall Street analysts, Marvell (MRVL) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 23 'Buy' recommendations, accounting for 88.89% of MRVL's total ratings.

What is MRVL's price target?

Marvell (MRVL) average price target is $87.03 with a range of $53 to $115, implying a -2.59% from its last price of $89.34. The data is based on 27 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Marvell stock go up soon?

According to Wall Street analysts' prediction for MRVL stock, the company can go down by -2.59% (from the last price of $89.34 to the average price target of $87.03), up by 28.72% based on the highest stock price target, and down by -40.68% based on the lowest stock price target.

Can Marvell stock reach $130?

MRVL's average twelve months analyst stock price target of $87.03 does not support the claim that Marvell can reach $130 in the near future.

What are Marvell's analysts' financial forecasts?

Marvell's analysts financial forecasts for the fiscal year (Feb 2026) are as follows: average revenue is $7.46B (high $7.68B, low $7.09B), average EBITDA is $1.92B (high $1.98B, low $1.83B), average net income is $2.18B (high $2.26B, low $2.04B), average SG&A $1.25B (high $1.29B, low $1.19B), and average EPS is $2.52 (high $2.61, low $2.35). MRVL's analysts financial forecasts for the fiscal year (Feb 2027) are as follows: average revenue is $8.88B (high $9.13B, low $8.44B), average EBITDA is $2.29B (high $2.35B, low $2.17B), average net income is $2.82B (high $2.93B, low $2.64B), average SG&A $1.49B (high $1.53B, low $1.41B), and average EPS is $3.26 (high $3.38, low $3.05).

Did the MRVL's actual financial results beat the analysts' financial forecasts?

Based on Marvell's last annual report (Feb 2024), the company's revenue was $5.51B, beating the average analysts forecast of $5.45B by 1.03%. Apple's EBITDA was $961.1M, missing the average prediction of $1.5B by -35.90%. The company's net income was $-933M, missing the average estimation of $1.03B by -190.41%. Apple's SG&A was $484.2M, missing the average forecast of $960.23M by -49.57%. Lastly, the company's EPS was $-1.08, missing the average prediction of $1.48 by -173.07%. In terms of the last quarterly report (Feb 2024), Marvell's revenue was $1.43B, beating the average analysts' forecast of $1.42B by 0.40%. The company's EBITDA was $352.6M, missing the average prediction of $365.89M by -3.63%. Marvell's net income was $-393M, missing the average estimation of $399.84M by -198.21%. The company's SG&A was $120M, missing the average forecast of $237.98M by -49.58%. Lastly, the company's EPS was $-0.45, missing the average prediction of $0.462 by -197.43%