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.
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.
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 |
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.
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
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
Revenue From 2020
Revenue From 2021
Revenue From 2022
LULU-USD
$449.6
PCAR-USD
$107.77
NXPI-USD
$232.16
ADSK-USD
$256.98
CTAS-USD
$618.66
FTNT-USD
$65.34