MRVL - Marvell Technology Group Ltd - Stock Forecast

Technology - Sector
Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

MRVL is currently covered by 26 analysts with an average price target of $77.9. This is a potential upside of $12.18 (18.53%) from yesterday's end of day stock price of $65.72.

Marvell Technology Group Ltd's activity chart (see below) currently has 636 price targets and 524 ratings on display. The stock rating distribution of MRVL is 93.18% BUY and 6.82% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 88.03% with an average time for these price targets to be met of 273.05 days.

Highest price target for MRVL is $100, Lowest price target is $70, average price target is $77.9.

Most recent stock forecast was given by JOHN VINH from KEYBANK on 09-Jul-2024. First documented stock forecast 25-Jun-2013.

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, 123 are a BUY (93.18%), 9 are a HOLD (6.82%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

95

$28.49 (42.84%)

90

17 days ago

11/15 (73.33%)

$21.16 (28.66%)

171

Buy

91

$24.49 (36.82%)

85

1 months 25 days ago

8/13 (61.54%)

$22.19 (32.25%)

170

Buy

90

$23.49 (35.32%)

86

1 months 25 days ago

18/21 (85.71%)

$21.19 (30.79%)

106

Hold

77

$10.49 (15.77%)

63

1 months 25 days ago

31/32 (96.88%)

$8.19 (11.90%)

155

Buy

80

$13.49 (20.28%)

85

1 months 25 days ago

18/22 (81.82%)

$11.19 (16.26%)

208

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

On average it took 273.05 days on average for the stock forecasts to be realized with a an average price target met ratio 88.03

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

CODY ACREE

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

Cody Acree works at BENCHMARK and has 30 price targets and 23 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 - -$75.09

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