Marvell Technology Group Ltd (MRVL) Stock Forecast & Price Target
Marvell Technology Group Ltd · NASDAQ
$225.21+1.66 (+0.74%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 29 firms covering Marvell Technology Group Ltd, 25 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. The target range is very wide, $110.00 to $400.00 (about 3.6x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $276.32 sits 23% above the current $225.21. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 24 to 25 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.36 next quarter toward $6.72 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS29 ratings
Strong Buy
Strong Buy00%
Buy2586%
Hold414%
Sell00%
Strong Sell00%
Based on 29 analysts giving stock ratings to Marvell Technology Group Ltd.
As of Sep, 25 of 29 firms rate MRVL a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MRVL EPS & revenue forecast
EPS · NEXT QUARTER
$1.36
Range $1.25 – $1.48 · 31 analysts · +69% YoY
Next period, 31 analysts expect Marvell Technology Group Ltd to earn $1.36 a share (range $1.25 – $1.48), versus $0.80 a year earlier. Full-year consensus is $4.20, growing to $6.72 the year after.
REVENUE · NEXT QUARTER
$3.7B
Range $3.4B – $3.9B · 31 analysts · +68% YoY
Revenue is expected to reach $3.7B (range $3.4B – $3.9B), +67.6% year-over-year. Full-year consensus is $12.0B, rising to $18.2B next year.
Top analysts covering Marvell Technology Group Ltd
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MRVL.
#1
CA
Cody Acree
Benchmark · Rank #7
Buy
$275.00+22.1% to target
Overall win rate
60%
+ Follow
#2
Tore Svanberg
Stifel · Rank #23
Buy
$350.00+55.4% to target
Overall win rate
54%
+ Follow
#3
N. Quinn Bolton
Needham · Rank #127
Buy
$300.00+33.2% to target
Overall win rate
39%
+ Follow
#4
Craig Ellis
B. Riley Securities · Rank #154
Buy
$315.00+39.9% to target
Overall win rate
43%
+ Follow
#5
Suji Desilva
Roth Capital · Rank #180
Buy
$275.00+22.1% to target
Overall win rate
31%
+ Follow
MRVL stock forecast FAQ
What is MRVL's average 12-month price target?+
The 24 analysts with a live target average $276.32 for Marvell Technology Group Ltd over the next 12 months, ranging from a $400.00 high to a $110.00 low.
Is MRVL stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 29 analyst ratings, 25 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for MRVL?+
The Street-high target is $400.00 (Keybanc), and the Street-low is $110.00. The average of all 24 active targets is $276.32.
How many Wall Street analysts cover MRVL?+
29 analysts have an active rating on Marvell Technology Group Ltd, and 24 firms carry a live 12-month price target.
Who is the most accurate analyst covering MRVL?+
Among analysts who currently cover MRVL, Cody Acree of Benchmark has the strongest overall Quantellect track record (Rank #7). Their current call is Buy with a $275.00 target.
What is Marvell Technology Group Ltd's projected EPS for next quarter?+
The consensus estimate is $1.36 per share (range $1.25 – $1.48) across 31 analysts. Full-year EPS is projected at $4.20, rising to $6.72 the following year.
How much revenue is Marvell Technology Group Ltd expected to report next quarter?+
Consensus revenue is $3.7B (range $3.4B – $3.9B). Full-year revenue is projected at $12.0B, growing to $18.2B next year.
Have analysts been upgrading or downgrading MRVL lately?+
As of Sep, 25 of 29 firms rate MRVL a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MRVL calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
Rosenblatt
BMO Capital
