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NASDAQ: MRVL
Marvell Technology Inc Stock Forecast, Predictions & Price Target

Analyst price target for MRVL

Based on 20 analysts offering 12 month price targets for Marvell Technology Inc.
Min Forecast
$60.00+13.34%
Avg Forecast
$70.95+34.02%
Max Forecast
$100.00+88.89%

Should I buy or sell MRVL stock?

Based on 20 analysts offering ratings for Marvell Technology Inc.
Strong Buy
Strong Buy
12 analysts 60%
Buy
7 analysts 35%
Hold
1 analysts 5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MRVL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Rosenblatt
Top 5%
96
Strong BuyReiterates$100.00+88.89%2023-09-20
Bank of America
Top 2%
99
Strong BuyMaintains$75.00+41.67%2023-08-25Find out why
Morgan Stanley
Top 7%
94
HoldMaintains$65.00+22.78%2023-08-25Find out why
B. Riley Securities
Top 1%
100
Strong BuyMaintains$77.00+45.45%2023-08-25Find out why
Oppenheimer
Top 10%
91
BuyReiterates$70.00+32.23%2023-08-25Find out why
Needham
Top 1%
100
BuyReiterates$65.00+22.78%2023-08-25
Susquehanna
Top 3%
98
Strong BuyMaintains$70.00+32.23%2023-08-23Find out why
Stifel Nicolaus
Top 7%
94
Strong BuyMaintains$75.00+41.67%2023-07-20Find out why
Barclays
Top 6%
95
Strong BuyMaintains$75.00+41.67%2023-07-20Find out why
Wolfe Research
Top 1%
100
BuyInitiates Coverage On$80.00+51.11%2023-07-20

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Forecast return on equity

Is MRVL forecast to generate an efficient return?
Company
14.07%
Industry
29.59%
Market
58.41%
MRVL's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MRVL forecast to generate an efficient return on assets?
Company
9.96%
Industry
16.22%
MRVL is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MRVL revenue growth forecast

How is MRVL forecast to perform vs Semiconductors companies and vs the US market?
Company
26.78%
Industry
7.41%
Market
7.96%
MRVL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MRVL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MRVL vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
MRVL$52.94$70.95+34.02%Strong Buy
MCHP$76.72$98.30+28.13%Buy
NXPI$194.96$234.41+20.24%Buy
ON$92.84$116.74+25.74%Strong Buy
STM$43.02$59.50+38.31%Strong Buy

Marvell Technology Stock Forecast FAQ

Is Marvell Technology Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 20 Wall Street analysts covering (NASDAQ: MRVL) stock is to Strong Buy MRVL stock.

Out of 20 analysts, 12 (60%) are recommending MRVL as a Strong Buy, 7 (35%) are recommending MRVL as a Buy, 1 (5%) are recommending MRVL as a Hold, 0 (0%) are recommending MRVL as a Sell, and 0 (0%) are recommending MRVL as a Strong Sell.

If you're new to stock investing, here's how to buy Marvell Technology stock.

What is MRVL's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: MRVL) forecast ROE is 14.07%, which is considered weak.

What is MRVL's Price Target?

According to 20 Wall Street analysts that have issued a 1 year MRVL price target, the average MRVL price target is $70.95, with the highest MRVL stock price forecast at $100.00 and the lowest MRVL stock price forecast at $60.00.

On average, Wall Street analysts predict that Marvell Technology's share price could reach $70.95 by Sep 20, 2024. The average Marvell Technology stock price prediction forecasts a potential upside of 34.02% from the current MRVL share price of $52.94.

What is MRVL's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: MRVL) forecast ROA is 9.96%, which is lower than the forecast US Semiconductors industry average of 16.22%.
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