On May 30, 2025, Needham analyst Quinn Bolton made adjustments to the stock price target for Marvell Tech (MRVL, Financial). The price target has been lowered from $100.00 to $85.00 USD. This adjustment represents a 15% decrease in the price target for MRVL.
Despite the reduction in the price target, Needham maintains its "Buy" rating for Marvell Tech (MRVL, Financial). The previous rating was also a "Buy," indicating continued optimism about the company's market performance.
The changes in the price target reflect the current market analysis and projections by Needham, while the maintained rating suggests confidence in the long-term performance of Marvell Tech (MRVL, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 36 analysts, the average target price for Marvell Technology Inc (MRVL, Financial) is $96.03 with a high estimate of $135.00 and a low estimate of $60.00. The average target implies an upside of 50.68% from the current price of $63.73. More detailed estimate data can be found on the Marvell Technology Inc (MRVL) Forecast page.
Based on the consensus recommendation from 40 brokerage firms, Marvell Technology Inc's (MRVL, Financial) average brokerage recommendation is currently 1.9, 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 $94.86, suggesting a upside of 48.85% from the current price of $63.73. 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.
