Marvell Technology (MRVL) Stock Forecast & Price Target

$275.28 +0.62 (+0.23%)

Closing price 04:00 PM Eastern

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$274.91 -0.37 (-0.13%)

As of 06:17 PM Eastern

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Marvell Technology - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 39 Analyst Ratings

Sell
0

Hold
7

Buy
32

Based on 39 Wall Street analysts who have issued ratings for Marvell Technology in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 39 analysts, 7 have given a hold rating, 30 have given a buy rating, and 2 have given a strong buy rating for MRVL.

Consensus Price Target

$320.82
16.54% Upside

According to the 39 analysts' twelve-month price targets for Marvell Technology, the average price target is $320.82. The highest price target for MRVL is $450.00, while the lowest price target for MRVL is $105.00. The average price target represents a forecasted upside of 16.54% from the current price of $275.28.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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MRVL Analyst Ratings Over Time

Type	Current Forecast 10/9/25 to 10/9/26	1 Month Ago 9/9/25 to 9/9/26	3 Months Ago 7/11/25 to 7/11/26	1 Year Ago 10/9/24 to 10/9/25
Strong Buy	2 Strong Buy rating(s)	3 Strong Buy rating(s)	3 Strong Buy rating(s)	2 Strong Buy rating(s)
Buy	30 Buy rating(s)	29 Buy rating(s)	28 Buy rating(s)	21 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)	10 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$320.82	$265.76	$244.97	$92.55
Forecasted Upside	16.54% Upside	13.09% Upside	3.88% Upside	2.06% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

MRVL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MRVL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Marvell Technology Stock vs. The Competition

Type	Marvell Technology	Technology Companies	Broader Market
Consensus Rating Score	2.87	2.23	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	17.39% Upside	658.26% Upside	19.54% Upside
News Sentiment Rating	Positive News See Recent MRVL News	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

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Rating

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
10/7/2026	Wolfe Research 4 of 5 stars	Chris Caso Not Rated	Boost Target	Outperform	$280.00 ➝ $375.00	+33.16%
10/7/2026	Craig Hallum 5 of 5 stars	Christian Schwab 2 of 5 stars	Reiterated Rating	Buy	$380.00	+34.94%
10/7/2026	Oppenheimer 3 of 5 stars	Rick Schafer 4 of 5 stars	Reiterated Rating	Outperform	$425.00	+49.77%
10/7/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Vinh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight
10/7/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Harsh Kumar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Market Perform	$325.00	+14.53%
10/7/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	James Schneider Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Neutral	$270.00	-5.93%
10/7/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tore Svanberg Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$350.00 ➝ $370.00	+28.92%
10/7/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Timothy Arcuri Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$335.00 ➝ $350.00	+21.95%
10/7/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Moore Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$268.00 ➝ $300.00	+4.53%
10/7/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joshua Buchalter Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Buy	$245.00 ➝ $350.00	+21.95%
Get the Latest News and Ratings for MRVL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Marvell Technology and its competitors with MarketBeat's FREE daily newsletter.
10/7/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David O'Connor Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$270.00 ➝ $400.00	+39.37%
10/7/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Aaron Rakers Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$310.00 ➝ $365.00	+27.17%
10/7/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Harlan Sur Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$305.00 ➝ $360.00	+28.25%
10/7/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Srini Pajjuri Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$360.00 ➝ $425.00	+50.55%
10/7/2026	Susquehanna Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christopher Rolland Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Positive	$265.00 ➝ $340.00	+18.46%
10/7/2026	Needham & Company LLC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	N. Quinn Bolton Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$300.00 ➝ $400.00	+39.37%
10/7/2026	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	C.J. Muse Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$330.00 ➝ $350.00	+21.95%
10/6/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Blayne Curtis Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$325.00 ➝ $450.00	+56.79%
10/6/2026	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform	$433.00	+50.87%
10/6/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Simon Leopold Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Strong-Buy
10/2/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold (C) ➝ Hold (C+)
8/28/2026	B. Riley Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Craig Ellis Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$345.00 ➝ $315.00	+45.35%
8/25/2026	HC Wainwright Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
8/25/2026	Rosenblatt Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sajal Dogra Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$240.00 ➝ $300.00	+30.84%
8/24/2026	Benchmark Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Cody Acree Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy
8/21/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Atif Malik Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$225.00 ➝ $275.00	+9.56%
8/20/2026	Roth Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Suji Desilva Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$350.00	+43.85%
8/20/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tom O'Malley Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight
8/18/2026	DA Davidson Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$225.00	+4.04%
7/15/2026	Erste Group Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
6/23/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Vivek Arya Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$240.00 ➝ $365.00	+18.56%
6/16/2026	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong-Buy
5/28/2026	William Blair Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform
5/28/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy	$240.00	+20.79%
5/26/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Outperform
5/26/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Frank Lee Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Hold ➝ Buy	$85.00 ➝ $300.00	+44.05%
5/26/2026	Compass Point Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$190.00	-10.22%
5/18/2026	Melius Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ben Reitzes Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$220.00	+30.10%
3/31/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
3/6/2026	KGI Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Leon Chen Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Outperform	$110.00	+45.35%
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12/3/2025	Summit Insights Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy
10/15/2025	Summit Redstone Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$105.00	+18.12%
8/29/2025	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong-Buy
6/5/2025	China Renaissance Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Buy	$110.00	+65.91%
5/28/2025	Rothschild & Co Redburn Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mike Harrison Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Neutral	$67.00	+4.98%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:13 PM ET.

Should I Buy Marvell Technology Stock? MRVL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, October 7, 2026. Please send any questions or comments about these Marvell Technology pros and cons to contact@marketbeat.com.

Marvell Technology
Bull Case

Here are some ways that investors could benefit from investing in Marvell Technology, Inc.:

Marvell Technology, Inc. recently outlined an ambitious long-term revenue target of $70 billion to $90 billion for fiscal 2031, a significant expansion that implies a compound annual growth rate above 60% from 2026 levels, signaling strong confidence in the durability of AI infrastructure demand.
Wall Street has responded positively to the company's recent Investor Day, with major firms like Bank of America raising their price target to $400 and Royal Bank of Canada to $425, suggesting that the current stock price of $284.68 may still offer substantial upside potential relative to analyst expectations.
The company's custom-chip business is positioned to capture a significant portion of the $400 billion AI opportunity, with analysts noting that hyperscalers are increasingly seeking control over AI infrastructure, which could drive Marvell's data center revenue to top $30 billion by 2028.
Marvell Technology, Inc. has demonstrated consistent earnings growth, with revenue up 36.5% year-over-year in the most recent quarter and a net margin of 27.93%, indicating that the company is effectively converting its AI-driven demand into profitable operations.
Recent analyst upgrades, including TD Cowen flipping to a 'buy' rating and citing that XPU risk is 'largely de-risked,' suggest that the market is beginning to view the company's execution risks as manageable, potentially attracting more institutional investment.

Marvell Technology
Bear Case

Investors should be bearish about investing in Marvell Technology, Inc. for these reasons:

Despite the bullish long-term outlook, the stock price of $284.68 reflects a high P/E ratio of 93.95, which means investors are paying a premium for future growth that may not materialize if the AI buildout slows or if competition intensifies.
The company's beta of 2.26 indicates that Marvell Technology, Inc. is significantly more volatile than the overall market, meaning that a downturn in broader market sentiment or a rise in interest rates could lead to sharp declines in its stock price.
Recent insider selling activity, including shares sold by CEO Matt Murphy and COO Chris Koopmans in September and October 2026, may signal that company executives are taking advantage of the current high valuation to reduce their personal exposure.
While the company has raised its revenue outlook, the stock has experienced recent volatility, including a 2% drop on October 7, 2026, as record-high Treasury yields weighed on broader tech stocks, highlighting the sensitivity of the stock to macroeconomic factors.
Some analysts, such as those from Erste Group Bank, have downgraded the stock to a 'hold' rating, suggesting that the current price may already reflect much of the positive news, leaving limited room for further short-term gains.

MRVL Forecast - Frequently Asked Questions

According to the research reports of 39 Wall Street equities research analysts, the average twelve-month stock price forecast for Marvell Technology is $320.82, with a high forecast of $450.00 and a low forecast of $105.00.

39 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology in the last year. There are currently 7 hold ratings, 30 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MRVL shares.

According to analysts, Marvell Technology's stock has a predicted upside of 16.54% based on their 12-month stock forecasts.

Over the previous 90 days, Marvell Technology's stock had 4 upgrades and 2 downgrades by analysts.

Marvell Technology has been rated by research analysts at B. Riley Financial, Barclays, Benchmark, BMO Capital Markets, Cantor Fitzgerald, Citigroup, Craig Hallum, DA Davidson, Erste Group Bank, Evercore, HC Wainwright, Jefferies Financial Group, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Raymond James Financial, Rosenblatt Securities, Roth Capital, Royal Bank Of Canada, Stifel Nicolaus, Susquehanna, TD Cowen, The Goldman Sachs Group, UBS Group, Weiss Ratings, Wells Fargo & Company, and Wolfe Research in the past 90 days.

Analysts like Marvell Technology more than other "technology" companies. The consensus rating for Marvell Technology is Moderate Buy while the average consensus rating for "technology" companies is Hold. Learn more on how MRVL compares to other companies.

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MarketBeat monitors more than a dozen sources for Marvell Technology analyst ratings, with the most recent rating issued on 10/7/2026.

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Marvell Technology (MRVL) Stock Forecast & Price Target

Marvell Technology - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

MRVL Analyst Ratings Over Time

MRVL Analyst Recommendations By Month

MRVL Price Targets by Month

Marvell Technology Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Marvell Technology Stock? MRVL Pros and Cons Explained

Marvell Technology
Bull Case

Marvell Technology
Bear Case

MRVL Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

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Brokerages With Marvell Technology Recommendations

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Marvell Technology (MRVL) Stock Forecast & Price Target

Marvell Technology - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

MRVL Analyst Ratings Over Time

MRVL Analyst Recommendations By Month

MRVL Price Targets by Month

Marvell Technology Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Marvell Technology Stock? MRVL Pros and Cons Explained

Marvell Technology Bull Case

Marvell Technology Bear Case

MRVL Forecast - Frequently Asked Questions

What is Marvell Technology's forecast for 2026?

Should I buy or sell Marvell Technology stock right now?

Does Marvell Technology's stock price have much upside?

Has Marvell Technology been upgraded or downgraded by Wall Street analysts recently?

What analysts cover Marvell Technology?

Do Wall Street analysts like Marvell Technology more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

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Brokerages With Marvell Technology Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Marvell Technology
Bull Case

Marvell Technology
Bear Case