Marvell Technology Group Ltd

Marvell Technology Group Ltd Stock Forecast & Price Prediction

Live Marvell Technology Group Ltd Stock (MRVL) Price
$66.29

25

Ratings

  • Buy 24
  • Hold 1
  • Sell 0
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$66.29

P/E Ratio

P/E Ratio not available for MRVL

Volume Traded Today

$11.1M

Dividend

Dividends not available for MRVL

52 Week High/low

73.53/36.64

Marvell Technology Group Ltd Market Cap

$57.31B

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MRVL Summary

Based on ratings from 25 stock analysts, the Marvell Technology Group Ltd stock price is expected to increase by 8.98% in 12 months. This is calculated by using the average 12-month stock price forecast for Marvell Technology Group Ltd. The lowest target is $60.00 and the highest is $100.00. Please note analyst price targets are not guaranteed and could be missed completely.

MRVL Analyst Ratings

About 25 Wall Street analysts have assignedMRVL 24 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Marvell Technology Group Ltd to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MRVL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MRVL stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

blayne curtis
Barclays

Buy

$75.0

maintained

Feb 16, 2024
craig ellis
B.Riley Financial

Buy

$85.0

maintained

Jan 31, 2024
c j muse
Cantor Fitzgerald

Buy

$80.0

initiatedcoverage

Jan 22, 2024
atif malik
Citi

Buy

$75.0

reiterated

Jan 19, 2024
srini pajjuri
Raymond James

Buy

$78.0

maintained

Jan 19, 2024
rick schafer
Oppenheimer

Buy

$70.0

maintained

Jan 19, 2024
toshiya hari
Goldman Sachs

Buy

$74.0

maintained

Jan 16, 2024
thomas o'malley
Barclays

Buy

$75.0

maintained

Jan 16, 2024
christopher rolland
Susquehanna

Buy

$80.0

maintained

Jan 16, 2024
tore svanberg
Stifel Nicolaus

Buy

$72.0

maintained

Jan 12, 2024
vivek arya
Bank of America Securities

Buy

$80.0

maintained

Jan 11, 2024
ambrish srivastava
BMO Capital

Hold

None

rated

Jan 10, 2024
harlan sur
J.P. Morgan

Buy

None

maintained

Jan 5, 2024
aaron rakers
Wells Fargo

Buy

$70.0

maintained

Jan 3, 2024
gary mobley
Wells Fargo

Buy

$65.0

maintained

Dec 5, 2023
ross seymore
Deutsche Bank

Buy

$67.0

reiterated

Dec 5, 2023
quinn bolton
Needham

Buy

$65.0

maintained

Dec 1, 2023
cody acree
Benchmark Co.

Buy

$75.0

reiterated

Dec 1, 2023
joseph moore
Morgan Stanley

Hold

$63.0

maintained

Dec 1, 2023
sujeeva de silva
Roth MKM

Buy

$60.0

maintained

Dec 1, 2023

MRVL Company Information

Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops, scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; custom application specific integrated circuits; and System-on-a-Chip solutions. The company also provides electro-optical products, including pulse amplitude modulations, coherent digital signal processors, laser drivers, trans-impedance amplifiers, silicon photonics, and data center interconnect solutions; fibre channel products comprising host bus adapters and controllers; single or multiple core processors; storage controllers for hard disk drives and solid-state-drives; and host system interfaces, including serial attached SCSI, serial advanced technology attachment, peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics. It has operations in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.

MRVL
Marvell Technology Group Ltd (MRVL)

When did it IPO

2000

Staff Count

7,418

Country

United States

Sector/Industry

Technology/Semiconductors

CEO

Mr. Matthew J. Murphy

Market Cap

$57.31B

Marvell Technology Group Ltd(MRVL) Financial Data

In 2023, MRVL generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MRVL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $5.50B
  • Operating Margin TTM -0.10%
  • Gross profit TTM $2.99B
  • Return on assets TTM -0.01%
  • Return on equity TTM -0.04%
  • Profit margin -0.101110004%
  • Book value 17.63%
  • Market capitalisation $57.31B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year -0.65
  • EPS next year N/A
... ...

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MRVL Frequently asked questions

The highest forecasted price for MRVL is $100.00 from hans mosesmann at Rosenblatt Securities.

The lowest forecasted price for MRVL is $60.00 from matthew prisco from Evercore ISI

The MRVL analyst ratings consensus are 24 buy ratings, 1 hold ratings, and 0 sell ratings.