68/100BMarvell Technology stock forecast 2027–2031
Analysts' average 12-month price target for Marvell Technology is 327.52, 90.5% above the current price of 171.89. Their targets range from 190.00 to 450.00.
Of the 31 firms that rated Marvell Technology in the past 12 months, 26 rate it buy or strong buy, 5 hold and 0 sell or strong sell (each firm at its latest rating); on average they come to Buy.
Analysts' 1-year price targets range from 190.00 to 450.00, with an average of 327.52.
| Strong buy | 0 | |
| Buy | 26 | |
| Hold | 5 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 450.00 |
| Average target | 327.52 |
| Lowest target | 190.00 |
| Current price | 171.89 |
Marvell Technology price target history
Have analysts recently raised or lowered their Marvell Technology price target and rating?
How analysts rate Marvell Technology, month by month
26 of 31 firms rate it buy now, against 19 of 27 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Marvell Technology analyst upgrades, downgrades and price targets
The latest rating change came on 3 November 2026, when TD Cowen downgraded Marvell Technology from Buy to Hold. The most recent new target came from B.Riley Financial on 2 November 2026: 275.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 3 Nov 2026 | TD Cowen | Downgraded · Buy → Hold | — | — | — |
| 3 Nov 2026 | B of A Securities | Downgraded · Buy → Neutral | — | — | — |
| 2 Nov 2026 | B.Riley Financial Craig Ellis | — | 345.00 → 275.00 | -20.3% | 171.41 |
| 30 Oct 2026 | Rosenblatt Securities Sajal Dogra | — | 240.00 → 300.00 | +25.0% | 218.34 |
| 7 Oct 2026 | Wolfe Research Chris Caso | Reiterated · Outperform | 280.00 → 375.00 | +33.9% | 280.71 |
| 7 Oct 2026 | Craig-Hallum | — | 300.00 → 380.00 | +26.7% | 281.04 |
| 7 Oct 2026 | RBC Capital Srini Pajjuri | Reiterated · Outperform | 360.00 → 425.00 | +18.1% | 280.50 |
| 7 Oct 2026 | Oppenheimer | — | 325.00 → 425.00 | +30.8% | 279.67 |
| 7 Oct 2026 | BMO Capital | — | 250.00 → 325.00 | +30.0% | 279.90 |
| 7 Oct 2026 | Goldman Sachs James Schneider | — | 220.00 → 270.00 | +22.7% | 287.01 |
| 7 Oct 2026 | Susquehanna | Reiterated · Positive | 265.00 → 340.00 | +28.3% | 287.01 |
| 7 Oct 2026 | Cantor Fitzgerald | Reiterated · Neutral | 330.00 → 350.00 | +6.1% | 287.01 |
| 7 Oct 2026 | Stifel Nicolaus | Reiterated · Buy | 350.00 → 370.00 | +5.7% | 287.01 |
| 7 Oct 2026 | UBS | Reiterated · Buy | 275.00 → 350.00 | +27.3% | 287.01 |
| 7 Oct 2026 | Morgan Stanley Joseph Moore | Reiterated · Equal Weight | 268.00 → 300.00 | +11.9% | 287.01 |
| 7 Oct 2026 | Needham Quinn Bolton | Reiterated · Buy | 300.00 → 400.00 | +33.3% | 287.01 |
| 7 Oct 2026 | Piper Sandler David O\'Connor | Reiterated · Overweight | 270.00 → 400.00 | +48.1% | 287.01 |
| 7 Oct 2026 | Wells Fargo Aaron Rakers | Reiterated · Overweight | 310.00 → 365.00 | +17.7% | 287.01 |
| 7 Oct 2026 | TD Cowen | Upgraded · Hold → Buy | — | — | — |
| 6 Oct 2026 | Jefferies | — | 325.00 → 450.00 | +38.5% | 287.01 |
| 6 Oct 2026 | Evercore ISI | — | 155.00 → 433.00 | +179.4% | 287.01 |
| 6 Oct 2026 | Raymond James Simon Leopold | — | 235.00 → 295.00 | +25.5% | 287.01 |
| 28 Sept 2026 | RBC Capital Srini Pajjuri | — | 200.00 → 360.00 | +80.0% | 250.13 |
| 28 Sept 2026 | Cantor Fitzgerald | — | 300.00 → 330.00 | +10.0% | 254.02 |
| 22 Sept 2026 | Seaport Global | — | 270.00 | — | 262.36 |
| 21 Sept 2026 | Morgan Stanley | Reiterated · Equal Weight | 246.00 → 268.00 | +8.9% | 244.25 |
| 9 Sept 2026 | Piper Sandler | — | 110.00 → 270.00 | +145.5% | 235.01 |
| 28 Aug 2026 | Craig-Hallum Christian Schwab | Reiterated · Buy | 164.00 → 300.00 | +82.9% | 222.18 |
| 28 Aug 2026 | Oppenheimer | Reiterated · Outperform | 300.00 → 325.00 | +8.3% | 241.45 |
| 28 Aug 2026 | Needham | Reiterated · Buy | 270.00 → 300.00 | +11.1% | 241.45 |
| 28 Aug 2026 | Goldman Sachs James Schneider | — | 195.00 → 220.00 | +12.8% | 241.45 |
| 28 Aug 2026 | Wolfe Research Chris Caso | — | 280.00 | — | 241.45 |
| 28 Aug 2026 | Morgan Stanley Joseph Moore | Reiterated · Equal Weight | 224.00 → 246.00 | +9.8% | 241.45 |
| 25 Aug 2026 | Susquehanna | Reiterated · Positive | 230.00 → 265.00 | +15.2% | 229.29 |
| 24 Aug 2026 | UBS | — | 310.00 → 275.00 | -11.3% | 227.68 |
| 24 Aug 2026 | Morgan Stanley | Reiterated · Equal Weight | 195.00 → 224.00 | +14.9% | 223.81 |
| 24 Aug 2026 | Wells Fargo | Reiterated · Overweight | 240.00 → 310.00 | +29.2% | 237.04 |
| 21 Aug 2026 | Oppenheimer Rick Schafer | Reiterated · Outperform | 250.00 → 300.00 | +20.0% | 244.56 |
| 20 Aug 2026 | BMO Capital | — | 250.00 | — | 251.01 |
| 20 Aug 2026 | Roth Capital | — | 275.00 → 350.00 | +27.3% | 246.38 |
| 20 Aug 2026 | Jefferies | — | 235.00 → 325.00 | +38.3% | 245.16 |
| 20 Aug 2026 | UBS | Reiterated · Buy | 300.00 → 310.00 | +3.3% | 237.27 |
| 18 Aug 2026 | D.A. Davidson | — | 225.00 | — | 212.79 |
| 17 Aug 2026 | UBS | Reiterated · Buy | 340.00 → 300.00 | -11.8% | 222.02 |
| 12 Aug 2026 | Goldman Sachs James Schneider | — | 180.00 → 195.00 | +8.3% | 217.08 |
| 14 Jul 2026 | KeyBanc | Reiterated · Overweight | 385.00 → 400.00 | +3.9% | 217.53 |
| 29 Jun 2026 | UBS Timothy Arcuri | Reiterated · Buy | 230.00 → 340.00 | +47.8% | 252.04 |
| 29 Jun 2026 | Cantor Fitzgerald | Reiterated · Neutral | 220.00 → 300.00 | +36.4% | 266.77 |
| 24 Jun 2026 | Stifel Nicolaus | Reiterated · Buy | 321.00 → 350.00 | +9.0% | 279.04 |
| 18 Jun 2026 | KeyBanc John Vinh | Reiterated · Overweight | 260.00 → 385.00 | +48.1% | 289.54 |
Marvell Technology EPS and revenue estimates
Revenue
EPS
Does Marvell Technology beat earnings estimates?
On average, analysts' EPS estimate was 1.6% off the result, either way, and their revenue estimate 1.0%, over the last 12 quarters.
- EPS beats
- 70 / 100
- Revenue beats
- 70 / 100
- Average EPS surprise, last 12
- +1.4%
- Since
- November 2000
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 27 Aug 2026 | 0.93 | 0.94 | +0.6% | 2.72B | 2.74B | +0.7% |
| Q1 FY2027 | 27 May 2026 | 0.80 | 0.80 | +0.3% | 2.41B | 2.42B | +0.5% |
| Q4 FY2026 | 5 Mar 2026 | 0.79 | 0.80 | +1.0% | 2.21B | 2.22B | +0.5% |
| Q3 FY2026 | 2 Dec 2025 | 0.74 | 0.76 | +2.3% | 2.07B | 2.07B | +0.3% |
| Q2 FY2026 | 28 Aug 2025 | 0.67 | 0.67 | -0.4% | 2.01B | 2.01B | -0.2% |
| Q1 FY2026 | 29 May 2025 | 0.61 | 0.62 | +1.3% | 1.88B | 1.90B | +1.0% |
| Q4 FY2025 | 5 Mar 2025 | 0.59 | 0.60 | +1.7% | 1.80B | 1.82B | +1.0% |
| Q3 FY2025 | 3 Dec 2024 | 0.41 | 0.43 | +4.9% | 1.46B | 1.52B | +4.1% |
| Q2 FY2025 | 29 Aug 2024 | 0.29 | 0.30 | +2.2% | 1.25B | 1.27B | +1.9% |
| Q1 FY2025 | 30 May 2024 | 0.24 | 0.24 | +1.2% | 1.15B | 1.16B | +0.6% |
| Q4 FY2024 | 7 Mar 2024 | 0.46 | 0.46 | -0.4% | 1.42B | 1.43B | +0.4% |
| Q3 FY2024 | 30 Nov 2023 | 0.40 | 0.41 | +2.5% | 1.40B | 1.42B | +1.3% |
Marvell Technology stock price 2027–2031: scenarios
If Marvell Technology's earnings keep growing at the 63.7% a year analysts expect to FY2029, it would earn about 33.52 a share in FY2031. At the P/E it has traded at over the last five years (25.5 to 25.5) that is 853.38 to 853.38 a share, or 853.38 at its average P/E of 25.5. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 4.21 | 107.21 | 107.21 | 107.21 |
| FY2028 | 7.28 | 185.35 | 185.35 | 185.35 |
| FY2029 | 12.51 | 318.39 | 318.39 | 318.39 |
| FY2030 (extrapolated) | 20.47 | 521.25 | 521.25 | 521.25 |
| FY2031 (extrapolated) | 33.52 | 853.38 | 853.38 | 853.38 |
Each year's EPS is the analysts' consensus to FY2029; the years after continue its 63.7% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (25.5, 25.5, 25.5).
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