Marvell Technology Group Ltd. (MRVL) Social Stream
MARVELL TECHNOLOGY INC (MRVL) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering MARVELL TECHNOLOGY INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-08 | 23 | $100 | $50 | $73.25 | $43.4 | 68.78% |
| 2021-11-23 | 23 | $100 | $50 | $74.5 | $43.4 | 71.66% |
| 2021-11-29 | 23 | $100 | $50 | $75.4 | $43.4 | 73.73% |
| 2021-12-01 | 24 | $100 | $50 | $75.714 | $43.4 | 74.46% |
| 2021-12-06 | 24 | $120 | $52.001 | $94.714 | $43.4 | 118.24% |
| 2021-12-17 | 24 | $120 | $52.001 | $96.142 | $43.4 | 121.53% |
| 2021-12-21 | 24 | $120 | $52.001 | $97.428 | $43.4 | 124.49% |
| 2022-01-07 | 23 | $120 | $52.001 | $98.142 | $43.4 | 126.13% |
| 2022-02-28 | 24 | $120 | $52.001 | $98.05 | $43.4 | 125.92% |
| 2022-03-01 | 24 | $120 | $52.001 | $98.142 | $43.4 | 126.13% |
| 2022-03-04 | 24 | $120 | $52.001 | $98.142 | $43.4 | 126.13% |
| 2022-03-07 | 23 | $120 | $52.001 | $96.238 | $43.4 | 121.75% |
| 2022-03-24 | 22 | $120 | $52.001 | $95.476 | $43.4 | 119.99% |
| 2022-04-13 | 22 | $120 | $52.001 | $94.523 | $43.4 | 117.79% |
| 2022-04-20 | 22 | $120 | $52.001 | $94.047 | $43.4 | 116.7% |
| 2022-04-25 | 21 | $120 | $52.001 | $93.863 | $43.4 | 116.27% |
| 2022-05-20 | 21 | $120 | $52.001 | $92.954 | $43.4 | 114.18% |
| 2022-05-24 | 21 | $120 | $52.001 | $91.909 | $43.4 | 111.77% |
| 2022-05-27 | 21 | $120 | $52.001 | $90.772 | $43.4 | 109.15% |
| 2022-05-31 | 21 | $120 | $52.001 | $89.409 | $43.4 | 106.01% |
| 2022-06-10 | 22 | $120 | $62 | $87.571 | $43.4 | 101.78% |
| 2022-06-15 | 22 | $120 | $62 | $87 | $43.4 | 100.46% |
| 2022-08-17 | 23 | $120 | $55 | $81.608 | $43.4 | 88.04% |
| 2022-08-22 | 23 | $120 | $55 | $80.869 | $43.4 | 86.33% |
| 2022-08-26 | 24 | $120 | $55 | $80.869 | $43.4 | 86.33% |
| 2022-08-29 | 23 | $120 | $58 | $77.956 | $43.4 | 79.62% |
| 2022-08-30 | 23 | $120 | $58 | $76.956 | $43.4 | 77.32% |
| 2022-09-17 | 24 | $120 | $58 | $76.333 | $43.4 | 75.88% |
The Trend in the Analyst Price Target
MRVL's average price target has moved up $7.29 over the prior 52 weeks.
Over the past 49 weeks, MRVL's average upside potential has been 45.79%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-03-07 | 23 | 120 | 52.001 | 96.238 | 61.17 | 57.33% |
| 2022-05-24 | 21 | 120 | 52.001 | 91.227 | 52.40 | 74.1% |
| 2022-05-31 | 23 | 120 | 52.001 | 86.227 | 59.15 | 45.78% |
| 2022-07-25 | 22 | 120 | 55.000 | 81.608 | 50.71 | 60.93% |
| 2022-08-29 | 23 | 120 | 58.000 | 76.956 | 48.99 | 57.09% |
MRVL Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.42 | 18 | 2 | 4 | 0 | 0 | 24 |
The Trend in the Broker Recommendations
Over the past 15 months, MRVL's average broker recommendation rating improved by 0.47.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for MRVL as an investment opportunity.
- In the context of all US stocks, MARVELL TECHNOLOGY INC's number of analysts covering the stock is greater than 3521.38% of them.
- MRVL has a lower variance in analysts' estimates than -2769.75% of stocks in the large market cap category.
- To contextualize these metrics, consider that out of stocks in the large market cap category, MARVELL TECHNOLOGY INC's upside potential (average analyst target price relative to current price) is higher than 2816.22% of them.
- In terms of how MARVELL TECHNOLOGY INC fares relative to Technology stocks, note that its average analyst price target is higher than 2278.96% of that group.
In terms of price targets and recommendations offered by analysts, the stocks in the Electronic Equipment industry with the ratings most similar to MARVELL TECHNOLOGY INC are MPWR, MCHP, and LSCC.
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