MRVL - Marvell Technology Group Ltd - Stock Forecast

Technology - Sector
Coverage Profile Performance Price Targets & Ratings Chart

MRVL is currently covered by 28 analysts with an average potential upside of $7.52 (25.76%) backed by displayed 658 price targets and 714 ratings.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 84.39% with an average time for these price targets to be met of 329.35 days.

Highest price target for MRVL is 91, Lowest price target is 37, average price target is 64.

Most recent stock forecast was given by HANS MOSESMANN from ROSENBLATT on 20-Sep-2023. First documented stock forecast 29-Aug-2008.

Overview

Marvell Technology is a provider of data infrastructure semiconductor solutions that span from data center core to network edge. The company operates through two primary business units:

Networking and Storage

  • In the Networking business Marvell offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches. These products are designed to help customers improve the speed and efficiency of their network infrastructure.
  • The Storage business focuses on developing storage controllers for hard disk drives and solid-state drives, as well as host system interfaces such as serial attached SCSI, serial advanced technology attachment, peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics. These solutions are designed to help customers improve the performance, reliability, and scalability of their storage systems.

Marvell also offers a range of custom application-specific integrated circuits (ASICs) and system-on-a-chip (SoC) solutions.

History

Marvell Technology was incorporated in 1995 and is headquartered in Wilmington, Delaware.

Currently, out of the existing stock ratings of MRVL - 28 which are a Hold (14.36%), 167 which are a Buy (85.64%)

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average time for PT to be met

Performance score

Buy

100

$47.06 (88.89%)

100

1 days ago

10/21 (47.62%)

$29.77 (59.63%)

283

Hold

65

$12.06 (22.78%)

68

27 days ago

28/34 (82.35%)

$1.55 (5.46%)

123

Buy

75

$22.06 (41.67%)

70

27 days ago

11/15 (73.33%)

$11.35 (24.05%)

193

Buy

77

$24.06 (45.45%)

75

27 days ago

31/39 (79.49%)

$10.75 (27.83%)

218

Buy

65

$12.06 (22.78%)

65

27 days ago

17/22 (77.27%)

$8.94 (21.43%)

265

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What is MRVL (Marvell Technology Group Ltd) average time for price targets to be met?

On average it took 329.35 days on average for the stock forecasts to be realized with a an average price target met ratio 84.39

Which analyst has the current highest performing score on MRVL (Marvell Technology Group Ltd) with a proven track record?

HANS MOSESMANN

Which analyst has the most public recommendations on MRVL (Marvell Technology Group Ltd)?

Hans Mosesmann works at ROSENBLATT and has 21 price targets and 14 ratings on MRVL

Which analyst is the currently most bullish on MRVL (Marvell Technology Group Ltd)?

Jim Kelleher with highest potential upside - $62.02

Which analyst is the currently most reserved on MRVL (Marvell Technology Group Ltd)?

Mitch Steves with lowest potential downside - -$43.94

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