Marvell Technology (MRVL)
(Delayed Data from NSDQ)
$62.20 USD
+0.07 (0.11%)
Updated Apr 22, 2024 11:56 AM ET
After-Market: $62.90 +0.70 (1.13%) 7:58 PM ET
4-Sell of 5 4
F Value C Growth A Momentum C VGM
Marvell Technology (MRVL) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$88.18 | $100.00 | $65.00 | 41.93% |
Price Target
Based on short-term price targets offered by 28 analysts, the average price target for Marvell Technology comes to $88.18. The forecasts range from a low of $65.00 to a high of $100.00. The average price target represents an increase of 41.93% from the last closing price of $62.13.
Analyst Price Targets (28)
Broker Rating
Marvell Technology currently has an average brokerage recommendation (ABR) of 1.14 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 29 brokerage firms. The current ABR compares to an ABR of 1.14 a month ago based on 28 recommendations.
Of the 29 recommendations deriving the current ABR, 26 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 89.66% and 6.9% of all recommendations. A month ago, Strong Buy made up 89.29%, while Buy represented 7.14%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 26 | 25 | 25 | 23 | 23 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 1 | 1 | 1 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.14 | 1.14 | 1.14 | 1.22 | 1.22 |
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 |
---|---|---|---|---|
4/16/2024 | Evercore Partners | Mark Lipacis | Not Available | Strong Buy |
4/11/2024 | Raymond James | Srini Pajjuri | Moderate Buy | Moderate Buy |
3/12/2024 | Argus Research Corp. | James N Kelleher | Not Available | Strong Buy |
3/8/2024 | Piper Sandler | Harsh Kumar | Strong Buy | Strong Buy |
3/8/2024 | Summit Insights Group | Kinngai Chan | Strong Buy | Strong Buy |
3/8/2024 | KeyBanc Capital Markets | John Vinh | Strong Buy | Strong Buy |
3/8/2024 | Cantor Fitzgerald & Co | Christopher J Muse | Strong Buy | Strong Buy |
3/8/2024 | Needham & Company | Nathaniel Q Bolton | Moderate Buy | Moderate Buy |
3/8/2024 | Susquehanna Financial Group | Christopher Rolland | Strong Buy | Strong Buy |
3/8/2024 | Roth Capital Partners | Suji Desilva | Strong Buy | Strong Buy |
3/8/2024 | Craig-Hallum | Christian D Schwab | Strong Buy | Strong Buy |
3/4/2024 | Rosenblatt Securities | Hans Mosesmann | Strong Buy | Strong Buy |
3/4/2024 | B. Riley Securities | Craig A Ellis | Strong Buy | Strong Buy |
12/1/2023 | The Benchmark Company | Cody Acree | Strong Buy | Strong Buy |
9/1/2023 | BMO Capital Markets | Ambrish Srivastava | 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 | 1.14 |
ABR (Last week) | 1.14 |
# of Recs in ABR | 29 |
Average Target Price | $88.18 |
LT Growth Rate | 19.00% |
Industry | Technology Services |
Industry Rank by ABR | 148 of 252 |
Current Quarter EPS Est: | 0.23 |