Marvell Technology Group Ltd
NASDAQ:MRVL

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Marvell Technology Group Ltd
NASDAQ:MRVL
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Price: 115.95 USD 1.93%
Market Cap: 100.3B USD
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Wall Street
Price Targets

MRVL Price Targets Summary
Marvell Technology Group Ltd

Wall Street analysts forecast MRVL stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MRVL is 122.24 USD with a low forecast of 74.94 USD and a high forecast of 147 USD.

Lowest
Price Target
74.94 USD
35% Downside
Average
Price Target
122.24 USD
5% Upside
Highest
Price Target
147 USD
27% Upside

MRVL Last Price Targets
Marvell Technology Group Ltd

The latest public price target was made on Oct 14, 2024 by Atif Malik from Citigroup , who expects MRVL stock to drop by 22% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Atif Malik
Citigroup
91 USD
Downside 22%
2 months ago
Oct 14, 2024
Citi Reiterates Buy Rating on Marvell (MRVL)
StreetInsider
Mark Lipacis
Evercore ISI
98 USD
Downside 15%
3 months ago
Aug 30, 2024
Marvell price target raised to $98 from $91 at Evercore ISI
TheFly
Toshiya Hari
Goldman Sachs
87 USD
Downside 25%
3 months ago
Aug 30, 2024
Marvell Technology Posts First Beat-And-Raise In 5 Quarters: Analysts Focus On 'Solid AI Story'
Benzinga
Tore Svanberg
Stifel Nicolaus
95 USD
Downside 18%
3 months ago
Aug 30, 2024
Marvell price target raised to $95 from $90 at Stifel
TheFly
Tom O'Malley
Barclays
85 USD
Downside 27%
3 months ago
Aug 30, 2024
Marvell price target raised to $85 from $80 at Barclays
TheFly
Tore Svanberg
Stifel Nicolaus
90 USD
Downside 22%
6 months ago
May 31, 2024
Marvell (MRVL) PT Raised to $90 at Stifel
StreetInsider
Mark Lipacis
Evercore ISI
91 USD
Downside 22%
6 months ago
May 31, 2024
Marvell (MRVL) PT Raised to $91 at Evercore ISI
StreetInsider
Rick Shafer
Oppenheimer
90 USD
Downside 22%
6 months ago
May 31, 2024
Marvell (MRVL) PT Raised to $90 at Oppenheimer
StreetInsider
Harsh Kumar
Piper Sandler
100 USD
Downside 14%
6 months ago
May 31, 2024
Piper Sandler Reiterates Overweight Rating on Marvell (MRVL)
StreetInsider
Blayne Curtis
Barclays
80 USD
Downside 31%
6 months ago
May 31, 2024
Marvell (MRVL) PT Raised to $80 at Barclays
StreetInsider
Joseph Moore
Morgan Stanley
77 USD
Downside 34%
6 months ago
May 31, 2024
Marvell price target raised to $77 from $71 at Morgan Stanley
TheFly
Angelo Zino
CFRA
94 USD
Downside 19%
6 months ago
May 31, 2024
CFRA Reiterates Strong Buy Rating on Marvell (MRVL)
StreetInsider
Craig Ellis
B.Riley Financial
100 USD
Downside 14%
6 months ago
May 31, 2024
Marvell (MRVL) PT Raised to $100 at B.Riley
StreetInsider
Mark Lipacis
Evercore ISI
88 USD
Downside 24%
8 months ago
Apr 15, 2024
Marvell initiated with an Outperform at Evercore ISI
TheFly
Joseph Moore
Morgan Stanley
71 USD
Downside 39%
8 months ago
Apr 12, 2024
Morgan Stanley on Marvell (MRVL) AI Day: 'new custom process win, high long term targets'
StreetInsider
Quinn Bolton
Needham
95 USD
Downside 18%
8 months ago
Apr 12, 2024
Marvell Tech Set for Major Growth with AI Accelerators for Amazon, Google, and Potential Microsoft Deal: Analysts
Benzinga
Suji Desilva
Roth Capital
95 USD
Downside 18%
8 months ago
Apr 12, 2024
Interest in Marvell's AI overview 'very strong', says Roth MKM
TheFly
John Vinh
KeyBanc
90 USD
Downside 22%
8 months ago
Apr 8, 2024
Marvell (MRVL) PT Lowered to $90 at KeyBanc
StreetInsider
Rick Shafer
Oppenheimer
80 USD
Downside 31%
9 months ago
Mar 19, 2024
Oppenheimer Reiterates Outperform Rating on Marvell (MRVL)
StreetInsider
Chris Caso
Wolfe Research
90 USD
Downside 22%
9 months ago
Mar 11, 2024
This Analyst With 87% Accuracy Rate Sees More Than 20% Upside In Broadcom - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Benzinga
John Vinh
Loop Capital Markets
95 USD
Downside 18%
9 months ago
Mar 8, 2024
Marvell Technology's Q4 Had 'More Bad Than Good': 7 Analysts Explore Earnings As Shares Slip
Benzinga
Toshiya Hari
Goldman Sachs
60 USD
Downside 48%
1 year ago
Dec 1, 2023
Marvell's AI Approach Wins Over 6 Analysts, 1 Projects AI Data Center Revenue Over $800M In 2024
Benzinga
Hans Mosesmann
Rosenblatt Securities
100 USD
Downside 14%
1 year ago
Aug 25, 2023
These Analysts Revise Their Forecasts On Marvell Technology Following Q2 Results
Benzinga
Quinn Bolton
Needham
65 USD
Downside 44%
1 year ago
Aug 25, 2023
These Analysts Revise Their Forecasts On Marvell Technology Following Q2 Results
Benzinga
Christopher Rolland
Susquehanna
70 USD
Downside 40%
1 year ago
Aug 23, 2023
Marvell Technology's AI Strength May Not Be Enough To Offset Macro Softness In Q2, Analyst Cautions
Benzinga
Chris Caso
Credit Suisse
53 USD
Downside 54%
1 year ago
Mar 6, 2023
This Analyst With 88% Accuracy Rate Sees Over 20% Upside In Marvell Technology - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Benzinga
Rick Schafer
Oppenheimer
70 USD
Downside 40%
1 year ago
Mar 3, 2023
6 Marvell Technology Analysts On FQ4 Results: 'Near-Term Weakness, Long-Term Opportunity'
Benzinga
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Atif Malik
Citigroup
Price Target 91 USD
Upside/Downside 22%
View Source
Mark Lipacis
Evercore ISI
Price Target 98 USD
Upside/Downside 15%
View Source
Toshiya Hari
Goldman Sachs
Price Target 87 USD
Upside/Downside 25%
View Source
Tore Svanberg
Stifel Nicolaus
Price Target 95 USD
Upside/Downside 18%
View Source
Tom O'Malley
Barclays
Price Target 85 USD
Upside/Downside 27%
View Source
Tore Svanberg
Stifel Nicolaus
Price Target 90 USD
Upside/Downside 22%
View Source
Mark Lipacis
Evercore ISI
Price Target 91 USD
Upside/Downside 22%
View Source
Rick Shafer
Oppenheimer
Price Target 90 USD
Upside/Downside 22%
View Source
Harsh Kumar
Piper Sandler
Price Target 100 USD
Upside/Downside 14%
View Source
Blayne Curtis
Barclays
Price Target 80 USD
Upside/Downside 31%
View Source
Joseph Moore
Morgan Stanley
Price Target 77 USD
Upside/Downside 34%
View Source
Angelo Zino
CFRA
Price Target 94 USD
Upside/Downside 19%
View Source
Craig Ellis
B.Riley Financial
Price Target 100 USD
Upside/Downside 14%
View Source
Mark Lipacis
Evercore ISI
Price Target 88 USD
Upside/Downside 24%
View Source
Joseph Moore
Morgan Stanley
Price Target 71 USD
Upside/Downside 39%
View Source
Quinn Bolton
Needham
Price Target 95 USD
Upside/Downside 18%
View Source
Suji Desilva
Roth Capital
Price Target 95 USD
Upside/Downside 18%
View Source
John Vinh
KeyBanc
Price Target 90 USD
Upside/Downside 22%
View Source
Rick Shafer
Oppenheimer
Price Target 80 USD
Upside/Downside 31%
View Source
Chris Caso
Wolfe Research
Price Target 90 USD
Upside/Downside 22%
View Source
John Vinh
Loop Capital Markets
Price Target 95 USD
Upside/Downside 18%
View Source
Toshiya Hari
Goldman Sachs
Price Target 60 USD
Upside/Downside 48%
View Source
Hans Mosesmann
Rosenblatt Securities
Price Target 100 USD
Upside/Downside 14%
View Source
Quinn Bolton
Needham
Price Target 65 USD
Upside/Downside 44%
View Source
Christopher Rolland
Susquehanna
Price Target 70 USD
Upside/Downside 40%
View Source
Chris Caso
Credit Suisse
Price Target 53 USD
Upside/Downside 54%
View Source
Rick Schafer
Oppenheimer
Price Target 70 USD
Upside/Downside 40%
View Source
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Revenue
Forecast

Revenue Estimate
Marvell Technology Group Ltd

For the last 8 years the compound annual growth rate for Marvell Technology Group Ltd's revenue is 10%. The projected CAGR for the next 3 years is 22%.

10%
Past Growth
22%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Marvell Technology Group Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-50%
Average Miss

Net Income
Forecast

Net Income Estimate
Marvell Technology Group Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-50%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MRVL's stock price target?
Price Target
122.24 USD

According to Wall Street analysts, the average 1-year price target for MRVL is 122.24 USD with a low forecast of 74.94 USD and a high forecast of 147 USD.

What is Marvell Technology Group Ltd's Revenue forecast?
Projected CAGR
22%

For the last 8 years the compound annual growth rate for Marvell Technology Group Ltd's revenue is 10%. The projected CAGR for the next 3 years is 22%.

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