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Marvell Technology, Inc. (MRVL) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$81.69
Market reference
Price Target
$117.68
+44.1% Upside
Target Range
$80.00 — $156.00
Very wide disagreement
Analyst Rating
Buy
71 analysts
Forward P/E28.7x
Trailing P/E-80.1x
Forward PEG—
Implied Growth+0.0%
Median Target$120.00
Analyst Spread64.6%

Analysts see +44.1% upside to their consensus target of $117.68. The bullish rating consensus aligns with positive price target gap.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$81.69
Consensus$117.68
High$156.00
Low$80.00
Bear Case
$80
-2.1%
Consensus
$118
+44.1%
Bull Case
$156
+91.0%

Analyst Ratings Distribution

Breakdown of 71 published analyst recommendations for MRVL

55/71 analysts are bullish
+39
BearishBullish
Weighted analyst sentiment score based on 71 ratings
ConsensusBuy
Coverage71 Analysts
Net Score+39
Bull / Bear77% / 1%
Strong Buy11%
Buy5476%
Hold1521%
Sell11%
Strong Sell00%
Strong Buy
11%
Buy
5476%
Hold
1521%
Sell
11%
Strong Sell
00%
Recommendation Mix77% Buy · 21% Hold · 1% Sell
Buy (55)Hold (15)Sell (1)

MRVL Price Target Analysis

Updated February 28, 2026

As of February 28, 2026, Marvell Technology, Inc. (MRVL) has a Wall Street consensus price target of $117.68, based on estimates from 71 covering analysts. With the stock currently trading at $81.69, this represents a potential upside of +44.1%. The company has a market capitalization of $70.74B.

Analyst price targets range from a low of $80.00 to a high of $156.00, representing a 65% spread in expectations. The median target of $120.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.

The current analyst consensus rating is Buy, with 55 analysts rating the stock as a Buy or Strong Buy,15 rating it Hold, and 1 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.

From a valuation perspective, MRVL trades at a trailing P/E of -80.1x and forward P/E of 28.7x. Analysts expect EPS to grow +0.0% over the next year.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.

Analyst Sentiment Comparison

Industry Peer Analysis
Avg Peer Upside+20.5%
Avg Forward P/E33.4x
Peers with Coverage10 / 10
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
MRVLMarvell Technology, Inc.
$70.7B$81.69$117.68+44.1%Buy28.7x71
AVGOBroadcom Inc.$1.5T$319.55$443.72+38.9%Buy31.1x57
TXNTexas Instruments Incorporated$192.5B$212.11$211.79-0.2%Buy33.0x65
ADIAnalog Devices, Inc.$173.7B$355.79$374.42+5.2%Buy31.5x54
QCOMQUALCOMM Incorporated$152.9B$142.36$161.50+13.4%Buy12.7x67
NXPINXP Semiconductors N.V.$57.1B$227.01$250.00+10.1%Buy16.3x46
MCHPMicrochip Technology Incorporated$40.2B$74.64$87.00+16.6%Buy47.6x46
STMSTMicroelectronics N.V.$30.2B$33.61$36.75+9.3%Buy29.0x28
ALABAstera Labs, Inc. Common Stock$20.2B$118.83$202.14+70.1%Buy48.2x15
MTSIMACOM Technology Solutions Holdings, Inc.$18.6B$248.12$242.63-2.2%Buy55.5x23

Upside Potential Comparison

ALAB
+70.1%
MRVL
+44.1%
AVGO
+38.9%
MCHP
+16.6%
QCOM
+13.4%
NXPI
+10.1%
STM
+9.3%
ADI
+5.2%

See MRVL's True Return

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Is MRVL Undervalued?

See our Bear / Base / Bull DCF models and intrinsic value estimates.

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Compare MRVL vs NVDA

See how MRVL stacks up against sector leader NVIDIA Corporation.

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Frequently Asked Questions

What is the MRVL stock price target for 2026?

The consensus Wall Street price target for MRVL is $117.68, representing 44.1% upside from the current price of $81.69. With 71 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

Is MRVL a buy, sell, or hold?

MRVL has a consensus rating of "Buy" based on 71 Wall Street analysts. The rating breakdown is predominantly bullish, with 55 Buy/Strong Buy ratings. The consensus 12-month price target of $117.68 implies 44.1% upside from current levels.

Is MRVL stock overvalued or undervalued?

MRVL trades at a forward P/E of 28.7125x, representing a moderate valuation. With analysts targeting $117.68 (44.1% implied move), the stock appears reasonably valued with upside.

How high can MRVL stock go?

The most bullish Wall Street analyst has a price target of $156 for MRVL, while the most conservative target is $80. The consensus of $117.68 represents the median expectation. These targets typically reflect 12-month expectations.

How many analysts cover MRVL stock?

MRVL is heavily covered by Wall Street, with 71 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 54 have Buy ratings, 15 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the MRVL stock forecast?

The 12-month MRVL stock forecast based on 71 Wall Street analysts shows a consensus price target of $117.68, with estimates ranging from $80 (bear case) to $156 (bull case). The median consensus rating is "Buy".

What is MRVL's forward P/E ratio?

MRVL trades at a forward P/E ratio of 28.7x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy MRVL stock?

Wall Street analysts are very optimistic on MRVL, with a "Buy" consensus rating and $117.68 price target (44.1% upside). 55 of 71 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do MRVL price targets vary so much?

MRVL analyst price targets range from $80 to $156, a 65% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $117.68 consensus represents the middle ground.

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