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Marvell Technology Group Ltd
NASDAQ:MRVL

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Marvell Technology Group Ltd Logo
Marvell Technology Group Ltd
NASDAQ:MRVL
Watchlist
Price: 67.48 USD 4.06% Market Closed
Updated: Apr 26, 2024
Section:
 

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 89.91 USD with a low forecast of 71.71 USD and a high forecast of 105 USD.

MRVL Lowest Forecast
Wall Street Target
71.71 USD
6% Upside
MRVL Average Forecast
Wall Street Target
89.91 USD
33% Upside
MRVL Highest Forecast
Wall Street Target
105 USD
56% Upside
Lowest
Price Target
71.71 USD
6% Upside
Average
Price Target
89.91 USD
33% Upside
Highest
Price Target
105 USD
56% Upside

MRVL Last Price Targets
Marvell Technology Group Ltd

The latest public price target was made on Apr 15, 2024 by Mark Lipacis from Evercore ISI , who expects MRVL stock to rise by 30% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Mark Lipacis
Evercore ISI
88 USD
Upside 30%
1 week ago
Apr 15, 2024
Marvell initiated with an Outperform at Evercore ISI
TheFly
Quinn Bolton
Needham
95 USD
Upside 41%
2 weeks ago
Apr 12, 2024
Marvell Tech Set for Major Growth with AI Accelerators for Amazon, Google, and Potential Microsoft Deal: Analysts
Benzinga
Joseph Moore
Morgan Stanley
71 USD
Upside 5%
2 weeks ago
Apr 12, 2024
Morgan Stanley on Marvell (MRVL) AI Day: 'new custom process win, high long term targets'
StreetInsider
Suji Desilva
Roth Capital
95 USD
Upside 41%
2 weeks ago
Apr 12, 2024
Interest in Marvell's AI overview 'very strong', says Roth MKM
TheFly
John Vinh
KeyBanc
90 USD
Upside 33%
2 weeks ago
Apr 8, 2024
Marvell (MRVL) PT Lowered to $90 at KeyBanc
StreetInsider
Rick Shafer
Oppenheimer
80 USD
Upside 19%
1 month ago
Mar 19, 2024
Oppenheimer Reiterates Outperform Rating on Marvell (MRVL)
StreetInsider
Chris Caso
Wolfe Research
90 USD
Upside 33%
1 month 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
Upside 41%
1 month 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 11%
4 months ago
Dec 1, 2023
Marvell's AI Approach Wins Over 6 Analysts, 1 Projects AI Data Center Revenue Over $800M In 2024
Benzinga
Quinn Bolton
Needham
65 USD
Downside 4%
8 months ago
Aug 25, 2023
These Analysts Revise Their Forecasts On Marvell Technology Following Q2 Results
Benzinga
Hans Mosesmann
Rosenblatt Securities
100 USD
Upside 48%
8 months ago
Aug 25, 2023
These Analysts Revise Their Forecasts On Marvell Technology Following Q2 Results
Benzinga
Christopher Rolland
Susquehanna
70 USD
Upside 4%
8 months 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 21%
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
Upside 4%
1 year ago
Mar 3, 2023
6 Marvell Technology Analysts On FQ4 Results: 'Near-Term Weakness, Long-Term Opportunity'
Benzinga
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Mark Lipacis
Evercore ISI
Price Target 88 USD
Upside/Downside 30%
View Source
Quinn Bolton
Needham
Price Target 95 USD
Upside/Downside 41%
View Source
Joseph Moore
Morgan Stanley
Price Target 71 USD
Upside/Downside 5%
View Source
Suji Desilva
Roth Capital
Price Target 95 USD
Upside/Downside 41%
View Source
John Vinh
KeyBanc
Price Target 90 USD
Upside/Downside 33%
View Source
Rick Shafer
Oppenheimer
Price Target 80 USD
Upside/Downside 19%
View Source
Chris Caso
Wolfe Research
Price Target 90 USD
Upside/Downside 33%
View Source
John Vinh
Loop Capital Markets
Price Target 95 USD
Upside/Downside 41%
View Source
Toshiya Hari
Goldman Sachs
Price Target 60 USD
Upside/Downside 11%
View Source
Quinn Bolton
Needham
Price Target 65 USD
Upside/Downside 4%
View Source
Hans Mosesmann
Rosenblatt Securities
Price Target 100 USD
Upside/Downside 48%
View Source
Christopher Rolland
Susquehanna
Price Target 70 USD
Upside/Downside 4%
View Source
Chris Caso
Credit Suisse
Price Target 53 USD
Upside/Downside 21%
View Source
Rick Schafer
Oppenheimer
Price Target 70 USD
Upside/Downside 4%
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 16%.

10%
Past Growth
16%
Estimated Growth
Estimates Accuracy
-2%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Marvell Technology Group Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-78%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Marvell Technology Group Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-50%
Average Miss
What are analyst estimates?

See Also

Summary
MRVL intrinsic value, competitors valuation, and company profile.
DCF Valuation
MRVL stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MRVL stock valuation using valuation multiples.
Wall Street Estimates
MRVL price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MRVL stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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
89.91 USD

According to Wall Street analysts, the average 1-year price target for MRVL is 89.91 USD with a low forecast of 71.71 USD and a high forecast of 105 USD.

What is Marvell Technology Group Ltd's Revenue forecast?
Projected CAGR
16%

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 16%.

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