On May 28, 2025, Redburn Atlantic initiated coverage on Marvell Tech (MRVL, Financial), assigning a "Neutral" rating to the stock. This marks a new development for MRVL, as there was no prior rating from Redburn Atlantic before this announcement.
The coverage was led by analyst Mike Harrison, who has set a price target of USD 67.00 for MRVL. This target provides investors with a specific benchmark to consider within the stock market.
Marvell Tech (MRVL, Financial), listed on NASDAQ, is a prominent player in the tech industry, and this new coverage by Redburn Atlantic reflects continued interest from financial analysts in the stock's future performance.
Investors and analysts will likely watch MRVL closely following this announcement, as the stock's performance in relation to the set price target may influence future market actions and investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 35 analysts, the average target price for Marvell Technology Inc (MRVL, Financial) is $96.87 with a high estimate of $135.00 and a low estimate of $60.00. The average target implies an upside of 51.79% from the current price of $63.82. More detailed estimate data can be found on the Marvell Technology Inc (MRVL) Forecast page.
Based on the consensus recommendation from 39 brokerage firms, Marvell Technology Inc's (MRVL, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Marvell Technology Inc (MRVL, Financial) in one year is $94.87, suggesting a upside of 48.65% from the current price of $63.82. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Marvell Technology Inc (MRVL) Summary page.
