Marvell Technology Group Ltd. (MRVL) Social Stream
Marvell Technology Inc (MRVL) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering MRVL.
| 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 | $74.31 | -1.43% |
| 2021-11-23 | 23 | $100 | $50 | $74.5 | $74.31 | 0.26% |
| 2021-11-29 | 23 | $100 | $50 | $75.4 | $74.31 | 1.47% |
| 2021-12-01 | 24 | $100 | $50 | $75.714 | $74.31 | 1.89% |
| 2021-12-06 | 24 | $120 | $52.001 | $94.714 | $74.31 | 27.46% |
| 2021-12-17 | 24 | $120 | $52.001 | $96.142 | $74.31 | 29.38% |
| 2021-12-21 | 24 | $120 | $52.001 | $97.428 | $74.31 | 31.11% |
| 2022-01-07 | 23 | $120 | $52.001 | $98.142 | $74.31 | 32.07% |
| 2022-02-28 | 24 | $120 | $52.001 | $98.05 | $74.31 | 31.95% |
| 2022-03-01 | 24 | $120 | $52.001 | $98.142 | $74.31 | 32.07% |
| 2022-03-04 | 24 | $120 | $52.001 | $98.142 | $74.31 | 32.07% |
| 2022-03-07 | 23 | $120 | $52.001 | $96.238 | $74.31 | 29.51% |
| 2022-03-24 | 22 | $120 | $52.001 | $95.476 | $74.31 | 28.48% |
The Trend in the Analyst Price Target
Over the past 115 days, MRVL's average price target has gone up $20.08.
MRVL reports an average of 19.84% for its upside potential over the past 48 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-04-25 | 28 | 64 | 40.000 | 55.080 | 46.10 | 19.48% |
| 2021-07-03 | 29 | 70 | 49.000 | 59.240 | 57.42 | 3.17% |
| 2022-01-07 | 23 | 120 | 52.001 | 98.142 | 83.11 | 18.09% |
| 2022-01-07 | 24 | 120 | 52.001 | 98.142 | 83.11 | 18.09% |
| 2022-02-25 | 24 | 120 | 52.001 | 98.142 | 68.75 | 42.75% |
MRVL Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.41 | 17 | 1 | 4 | 0 | 0 | 22 |
The Trend in the Broker Recommendations
MRVL's average broker recommendation rating improved by 0.23 over the prior 17 months.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- Marvell Technology Inc's number of analysts covering the stock is greater than 1378.16% of all US stocks.
- MRVL has a lower variance in analysts' estimates than -1061.98% of stocks in the large market cap category.
- In the context of Technology stocks, Marvell Technology Inc's upside potential (average analyst target price relative to current price) is higher than 335.7% of them.
- In the context of Technology stocks, Marvell Technology Inc's average analyst price target is greater than 867.71% of them.
In the Electronic Equipment industry, MPWR, MCHP, and LSCC are the three stocks most similar to Marvell Technology Inc regarding the price target and analyst recommendation information presented here.
What is the outlook for MRVL? Use POWR Ratings for clearer insight into price direction.