Marvell Technology (NASDAQ:MRVL) Stock Price Expected to Rise, Susquehanna Analyst Says

Posted by George Bondi on Oct 7th, 2026

Marvell Technology (NASDAQ:MRVL – Get Free Report) had its target price lifted by equities research analysts at Susquehanna from $265.00 to $340.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has a “positive” rating on the semiconductor company’s stock. Susquehanna’s price objective points to a potential upside of 18.46% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. Craig Hallum increased their price target on Marvell Technology from $217.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Oppenheimer lifted their price objective on shares of Marvell Technology from $300.00 to $325.00 and gave the company an “outperform” rating in a research note on Friday, August 28th. TD Cowen raised shares of Marvell Technology from a “hold” rating to a “buy” rating in a report on Wednesday. Stifel Nicolaus increased their target price on shares of Marvell Technology from $321.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $365.00 target price on shares of Marvell Technology in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $296.79.

Read Our Latest Research Report on MRVL

Marvell Technology Price Performance

Shares of NASDAQ:MRVL opened at $287.01 on Wednesday. The firm’s 50 day moving average is $231.21 and its two-hundred day moving average is $207.54. The firm has a market capitalization of $251.68 billion, a P/E ratio of 94.72, a PEG ratio of 2.62 and a beta of 2.26. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. Marvell Technology has a 52 week low of $70.68 and a 52 week high of $329.88.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.01. Marvell Technology had a return on equity of 13.57% and a net margin of 27.93%.The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.72 billion. During the same period in the previous year, the firm posted $0.67 earnings per share. The business’s revenue was up 36.5% on a year-over-year basis. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. Analysts anticipate that Marvell Technology will post 3.05 earnings per share for the current year.

Insider Transactions at Marvell Technology

In related news, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $180.50, for a total transaction of $1,805,000.00. Following the transaction, the chief operating officer directly owned 227,941 shares of the company’s stock, valued at $41,143,350.50. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Murphy sold 7,500 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $223.39, for a total transaction of $1,675,425.00. Following the completion of the sale, the chief executive officer owned 775,686 shares in the company, valued at approximately $173,280,495.54. This trade represents a 0.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 45,000 shares of company stock worth $9,904,225. 0.12% of the stock is owned by corporate insiders.

Institutional Trading of Marvell Technology

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Focused Wealth Management Inc bought a new stake in shares of Marvell Technology in the first quarter valued at approximately $608,000. Swedbank AB increased its position in Marvell Technology by 2.8% during the first quarter. Swedbank AB now owns 3,189,551 shares of the semiconductor company’s stock worth $315,925,000 after acquiring an additional 85,816 shares during the period. Merit Financial Group LLC raised its stake in Marvell Technology by 22.9% during the 2nd quarter. Merit Financial Group LLC now owns 27,079 shares of the semiconductor company’s stock valued at $8,067,000 after purchasing an additional 5,047 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Marvell Technology by 49.7% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 273,647 shares of the semiconductor company’s stock valued at $27,105,000 after purchasing an additional 90,800 shares during the period. Finally, Swiss National Bank boosted its holdings in Marvell Technology by 5.4% in the 1st quarter. Swiss National Bank now owns 2,489,003 shares of the semiconductor company’s stock valued at $246,536,000 after purchasing an additional 126,600 shares during the period. 83.51% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Marvell Technology

Here are the key news stories impacting Marvell Technology this week:

Positive Sentiment: Marvell raised its fiscal 2028 revenue target to approximately $20 billion, up from $18 billion previously and above the roughly $18.2 billion analyst consensus. Management attributed the increase to strong demand for AI data-center infrastructure and accelerating custom-chip activity. Marvell Lifts Its Sales Outlook on Strong AI Demand
Positive Sentiment: The company forecast fiscal 2031 revenue of $70 billion to $90 billion, with the $80 billion midpoint substantially above Wall Street’s prior estimate of approximately $46.85 billion. The outlook implies significant expansion in adjusted operating profit if Marvell reaches its targeted margins. Marvell shares jump as AI chip demand drives bullish revenue outlook
Positive Sentiment: Analysts responded favorably: Evercore ISI raised its price target to $433 and maintained a Buy rating, while Raymond James also reiterated its Buy rating. Citi kept its Buy rating but left its target at $275, indicating that analyst views remain broadly bullish but valuation expectations vary. Marvell Target Raised to $433
Neutral Sentiment: Fiscal 2027 revenue guidance of $12 billion matched consensus, suggesting the most powerful catalyst is the company’s longer-term AI growth opportunity rather than a near-term estimate revision. Marvell’s recent quarterly results also showed 36.5% year-over-year revenue growth and a modest EPS beat.
Negative Sentiment: Investors face execution and valuation risks. Marvell’s shares trade at a high earnings multiple after a substantial year-to-date rally, while analysts have cited customer concentration and intense competition. Reported insider activity showed sales by several executives and no open-market purchases during the period reviewed. MRVL Stock Skyrockets: Should Investors Buy, Sell or Hold?

About Marvell Technology

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Marvell Technology, Inc (NASDAQ: MRVL) is a fabless semiconductor company that develops technologies for data infrastructure. Its products are used to move, process, store and secure data across cloud data centers, enterprise networks, telecommunications systems, automotive platforms and other communications applications.

The company’s portfolio includes custom application-specific integrated circuits, data processing and networking solutions, Ethernet products, storage controllers, optical and electro-optical components, and connectivity technologies.