Marvell Technology (MRVL)
(Delayed Data from NSDQ)
$111.90 USD
+2.79 (2.56%)
Updated Dec 20, 2024 04:00 PM ET
After-Market: $112.15 +0.25 (0.22%) 7:58 PM ET
1-Strong Buy of 5 1
F Value C Growth A Momentum D VGM
Marvell Technology (MRVL) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$120.97 | $160.00 | $82.00 | 10.87% |
Price Target
Based on short-term price targets offered by 29 analysts, the average price target for Marvell Technology comes to $120.97. The forecasts range from a low of $82.00 to a high of $160.00. The average price target represents an increase of 10.87% from the last closing price of $109.11.
Analyst Price Targets (29)
Find the top stocks with the greatest price target potential and Zacks Rank of 1 or 2
Broker Rating
Marvell Technology currently has an average brokerage recommendation (ABR) of 1.20 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 30 brokerage firms. The current ABR compares to an ABR of 1.20 a month ago based on 30 recommendations.
Of the 30 recommendations deriving the current ABR, 26 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 86.67% and 6.67% of all recommendations. A month ago, Strong Buy made up 86.67%, while Buy represented 6.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 26 | 26 | 26 | 26 | 26 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 2 | 2 | 2 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.20 | 1.20 | 1.20 | 1.14 | 1.14 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
12/19/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
12/5/2024 | Goldman Sachs | Toshiya Hari | Strong Buy | Strong Buy |
12/4/2024 | Piper Sandler | Harsh Kumar | Strong Buy | Strong Buy |
12/4/2024 | KeyBanc Capital Markets | John Vinh | Strong Buy | Strong Buy |
12/4/2024 | B. Riley Securities | Craig A Ellis | Strong Buy | Strong Buy |
12/4/2024 | Roth Capital Partners | Suji Desilva | Strong Buy | Strong Buy |
12/4/2024 | Needham & Company | Nathaniel Q Bolton | Moderate Buy | Moderate Buy |
12/4/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
12/4/2024 | Rosenblatt Securities | Hans Mosesmann | Strong Buy | Strong Buy |
12/4/2024 | Craig-Hallum | Christian D Schwab | Strong Buy | Strong Buy |
12/4/2024 | The Benchmark Company | Cody Acree | Strong Buy | Strong Buy |
12/4/2024 | UBS | Timothy Arcuri | Strong Buy | Strong Buy |
12/2/2024 | Evercore Partners | Mark Lipacis | Strong Buy | Strong Buy |
12/2/2024 | Cantor Fitzgerald & Co | Christopher J Muse | Strong Buy | Strong Buy |
11/27/2024 | Susquehanna Financial Group | Christopher Rolland | Strong Buy | Strong Buy |
11/26/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
11/26/2024 | Wells Fargo Securities | Aaron Rakers | Strong Buy | Strong Buy |
11/11/2024 | Loop Capital Markets | Gary Mobley | Not Available | Hold |
10/15/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
10/14/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/16/2024 | Cowen & Co. | Joshua Buchalter | Not Available | Strong Buy |
3/12/2024 | Argus Research Corp. | James N Kelleher | Not Available | Strong Buy |
3/8/2024 | Summit Insights Group | Kinngai Chan | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.20 |
ABR (Last week) | 1.20 |
# of Recs in ABR | 30 |
Average Target Price | $121.31 |
LT Growth Rate | 33.70% |
Industry | Electronics - Semiconductors |
Industry Rank by ABR | 85 of 251 |
Current Quarter EPS Est: | 0.59 |
MRVL FAQs
Marvell Technology, Inc. (MRVL) currently has an average brokerage recommendation (ABR) of 1.20 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 30 brokerage firms.
The average price target for Marvell Technology, Inc. (MRVL) is $121.31. The current on short-term price targets is based on 13 reports.
The forecasts for Marvell Technology, Inc. (MRVL) range from a low of $82 to a high of $160. The average price target represents a increase of $8.41 from the last closing price of $111.90.
The current UPSIDE for Marvell Technology, Inc. (MRVL) is 8.41%
Based on short-term price targets offered by 29 analysts, the average price target for Marvell Technology comes to $120.97. The forecasts range from a low of $82.00 to a high of $160.00. The average price target represents an increase of 10.87% from the last closing price of $109.11.