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

Posted by Brenda Bartman on Oct 9th, 2026

Marvell Technology (NASDAQ:MRVL – Get Free Report) had its price target hoisted by research analysts at Cantor Fitzgerald from $330.00 to $350.00 in a research note issued to investors on Wednesday, MarketBeat Ratings reports. The brokerage currently has a “neutral” rating on the semiconductor company’s stock. Cantor Fitzgerald’s target price would indicate a potential upside of 27.43% from the stock’s previous close.

Several other analysts have also issued reports on the company. Loop Capital raised Marvell Technology to a “strong-buy” rating in a report on Tuesday, June 16th. Morgan Stanley boosted their price target on Marvell Technology from $246.00 to $268.00 and gave the company an “equal weight” rating in a research note on Monday, September 21st. DA Davidson set a $225.00 price objective on shares of Marvell Technology in a research note on Tuesday, August 18th. Craig Hallum raised their target price on shares of Marvell Technology from $217.00 to $300.00 and gave the company a “buy” rating in a report on Friday, August 28th. Finally, Benchmark reaffirmed a “buy” rating on shares of Marvell Technology in a report on Monday, August 24th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Marvell Technology currently has a consensus rating of “Moderate Buy” and an average price target of $320.82.

View Our Latest Research Report on MRVL

Marvell Technology Stock Down 3.5%

NASDAQ MRVL opened at $274.66 on Wednesday. The company has a current ratio of 3.17, a quick ratio of 2.62 and a debt-to-equity ratio of 0.27. The company has a market cap of $240.85 billion, a price-to-earnings ratio of 90.65, a PEG ratio of 2.75 and a beta of 2.26. The company has a 50 day moving average of $235.46 and a 200-day moving average of $210.23. Marvell Technology has a 1-year low of $70.68 and a 1-year high of $329.88.

Marvell Technology (NASDAQ:MRVL – Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $2.72 billion. During the same quarter in the prior year, the business posted $0.67 earnings per share. The firm’s quarterly revenue was up 36.5% compared to the same quarter last year. Marvell Technology has set its Q3 2027 guidance at 1.050-1.150 EPS. On average, equities research analysts expect that Marvell Technology will post 3.05 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer owned 775,686 shares of the company’s stock, valued at $173,280,495.54. This trade represents a 0.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of the business’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $262.05, for a total value of $2,620,500.00. Following the sale, the chief operating officer owned 207,941 shares in the company, valued at $54,490,939.05. This represents a 4.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 45,000 shares of company stock worth $9,904,225 in the last 90 days. Company insiders own 0.12% of the company’s stock.

Hedge Funds Weigh In On Marvell Technology

Large investors have recently bought and sold shares of the company. Cape ANN Savings Bank increased its holdings in shares of Marvell Technology by 2.3% in the second quarter. Cape ANN Savings Bank now owns 2,245 shares of the semiconductor company’s stock valued at $669,000 after purchasing an additional 50 shares during the last quarter. Arlington Trust Co LLC boosted its stake in Marvell Technology by 24.1% during the second quarter. Arlington Trust Co LLC now owns 268 shares of the semiconductor company’s stock worth $80,000 after buying an additional 52 shares during the last quarter. GoalVest Advisory LLC grew its holdings in Marvell Technology by 26.0% in the 2nd quarter. GoalVest Advisory LLC now owns 315 shares of the semiconductor company’s stock valued at $94,000 after buying an additional 65 shares in the last quarter. Mayflower Financial Advisors LLC grew its holdings in Marvell Technology by 1.7% in the 1st quarter. Mayflower Financial Advisors LLC now owns 4,109 shares of the semiconductor company’s stock valued at $407,000 after buying an additional 68 shares in the last quarter. Finally, Bell Investment Advisors Inc increased its stake in shares of Marvell Technology by 12.9% in the 1st quarter. Bell Investment Advisors Inc now owns 628 shares of the semiconductor company’s stock worth $62,000 after acquiring an additional 72 shares during the last quarter. 83.51% of the stock is currently owned by institutional investors.

More Marvell Technology News

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

Positive Sentiment: Marvell raised its fiscal 2031 revenue target to $70 billion-$90 billion, including approximately $20 billion of revenue in fiscal 2028. Management expects AI-related connectivity, custom chips, and data-center infrastructure to drive growth. Marvell Technology lifts 2031 revenue goal
Positive Sentiment: Analysts responded by raising price targets, including Bank of America to $400, JPMorgan to $360, RBC to $425, and Needham to $400. The upgrades reflect confidence in Marvell’s custom AI silicon and networking opportunity. Marvell price target raised by Bank of America
Positive Sentiment: The company plans to showcase a broad portfolio of open AI infrastructure solutions at the OCP Global Summit, reinforcing its positioning in the expanding AI data-center market. Marvell to showcase open AI infrastructure solutions
Neutral Sentiment: Marvell’s AI thesis has also lifted investor interest in related networking companies such as Ciena and Astera Labs, highlighting the potential size of the infrastructure opportunity but also the competitive and customer-concentration risks across the sector.
Negative Sentiment: Shares faced profit-taking after a significant year-to-date advance. Some analysts cautioned that the $70 billion-$90 billion forecast requires exceptionally rapid execution, sustained hyperscaler spending, and continued custom-chip demand.
Negative Sentiment: High Treasury yields and elevated oil prices pressured AI and other growth stocks broadly, making Marvell’s premium valuation more difficult to support. At roughly 91 times earnings, the stock is particularly sensitive to changes in interest rates and investor risk appetite. What is going on with Marvell Technology stock
Negative Sentiment: Several bearish commentaries described the long-term projections as aggressive and noted that much of the anticipated AI growth may already be reflected in MRVL’s valuation. Marvell rating downgrade

Marvell Technology Company Profile

(Get Free Report)

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.