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

Analyst price target for MRVL

Based on 27 analysts offering 12 month price targets for Marvell Technology Inc.
Min Forecast
$68.00+4.86%
Avg Forecast
$87.19+34.44%
Max Forecast
$100.00+54.2%

Should I buy or sell MRVL stock?

Based on 27 analysts offering ratings for Marvell Technology Inc.
Strong Buy
Strong Buy
19 analysts 70.37%
Buy
7 analysts 25.93%
Hold
1 analysts 3.7%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MRVL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-16
lockedlocked$00.00+00.00%2024-04-12
lockedlocked$00.00+00.00%2024-04-12
lockedlocked$00.00+00.00%2024-04-12
lockedlocked$00.00+00.00%2024-04-12
KeyBanc
Top 3%
98
Strong BuyMaintains$90.00+38.78%2024-04-08
Citigroup
Top 1%
100
Strong BuyReiterates$91.00+40.32%2024-03-27
Argus Research
Top 6%
95
Strong BuyMaintains$95.00+46.49%2024-03-12Find out why
Goldman Sachs
Top 3%
98
Strong BuyMaintains$84.00+29.53%2024-03-11Find out why
Rosenblatt
Top 1%
100
Strong BuyReiterates$100.00+54.20%2024-03-08

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Forecast return on equity

Is MRVL forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.42%

Forecast return on assets

Is MRVL forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MRVL revenue forecast

What is MRVL's revenue in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$5.3B-4.56%
Avg 2 year Forecast
$6.8B+23.42%
Avg 3 year Forecast
$8.0B+45.65%
MRVL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MRVL revenue growth forecast

How is MRVL forecast to perform vs Semiconductors companies and vs the US market?
Company
13.89%
Industry
24.85%
Market
10.08%
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$64.85$87.19+34.44%Strong Buy
NXPI$235.04$241.43+2.72%Buy
MCHP$90.68$93.50+3.11%Strong Buy
STM$42.14$45.00+6.79%Buy
MPWR$642.21$713.83+11.15%Strong Buy

Marvell Technology Stock Forecast FAQ

Is Marvell Technology Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 27 Wall Street analysts covering (NASDAQ: MRVL) stock is to Strong Buy MRVL stock.

Out of 27 analysts, 19 (70.37%) are recommending MRVL as a Strong Buy, 7 (25.93%) are recommending MRVL as a Buy, 1 (3.7%) 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 revenue growth forecast for 2025-2027?

(NASDAQ: MRVL) Marvell Technology's forecast annual revenue growth rate of 13.89% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 24.85%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Marvell Technology's revenue in 2024 is $5,507,700,000.On average, 12 Wall Street analysts forecast MRVL's revenue for 2025 to be $4,552,219,930,000, with the lowest MRVL revenue forecast at $4,432,188,000,000, and the highest MRVL revenue forecast at $4,845,443,200,000. On average, 11 Wall Street analysts forecast MRVL's revenue for 2026 to be $5,886,926,842,000, with the lowest MRVL revenue forecast at $5,520,750,000,000, and the highest MRVL revenue forecast at $6,372,894,000,000.

In 2027, MRVL is forecast to generate $6,946,826,840,000 in revenue, with the lowest revenue forecast at $6,638,669,400,000 and the highest revenue forecast at $7,392,955,400,000.

What is MRVL's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: MRVL) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of N/A.

What is MRVL's Price Target?

According to 27 Wall Street analysts that have issued a 1 year MRVL price target, the average MRVL price target is $87.19, with the highest MRVL stock price forecast at $100.00 and the lowest MRVL stock price forecast at $68.00.

On average, Wall Street analysts predict that Marvell Technology's share price could reach $87.19 by Apr 16, 2025. The average Marvell Technology stock price prediction forecasts a potential upside of 34.44% from the current MRVL share price of $64.85.

What is MRVL's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: MRVL) forecast ROE is N/A, which is considered weak.
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