Analysts’ Recent Ratings Updates for Marvell Technology (MRVL)

Several brokerages have updated their recommendations and price targets on shares of Marvell Technology (NASDAQ: MRVL) in the last few weeks:

• 11/9/2026 – Marvell Technology had its price target lowered by B. Riley Financial from $275.00 to $250.00. They now have a “buy” rating on the stock.
• 11/3/2026 – Marvell Technology had its “buy” rating reaffirmed by UBS Group.
• 11/3/2026 – Marvell Technology had its price target lowered by Needham & Company LLC from $400.00 to $300.00. They now have a “buy” rating on the stock.
• 11/3/2026 – Marvell Technology had its price target lowered by B. Riley Financial from $365.00 to $275.00. They now have a “buy” rating on the stock.
• 11/3/2026 – Marvell Technology had its price target lowered by Wells Fargo & Company from $365.00 to $285.00. They now have an “overweight” rating on the stock.
• 11/3/2026 – Marvell Technology had its price target lowered by Royal Bank Of Canada from $425.00 to $250.00. They now have an “outperform” rating on the stock.
• 11/3/2026 – Marvell Technology had its price target lowered by Susquehanna from $340.00 to $300.00. They now have a “positive” rating on the stock.
• 11/3/2026 – Marvell Technology had its price target lowered by Cantor Fitzgerald from $350.00 to $225.00. They now have a “neutral” rating on the stock.
• 11/3/2026 – Marvell Technology was downgraded by TD Cowen from “buy” to “hold”. They now have a $175.00 price target on the stock, down from $350.00.
• 11/3/2026 – Marvell Technology was downgraded by Bank of America from “buy” to “neutral”. They now have a $225.00 price target on the stock, down from $400.00.
• 11/2/2026 – Marvell Technology had its “outperform” rating reaffirmed by William Blair.
• 11/2/2026 – Marvell Technology was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 10/30/2026 – Marvell Technology had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $300.00 price target on the stock.
• 10/29/2026 – Marvell Technology had its “overweight” rating reaffirmed by Piper Sandler.
• 10/29/2026 – Marvell Technology had its “strong-buy” rating reaffirmed by Raymond James Financial.
• 10/16/2026 – Marvell Technology was upgraded by Arete Research to “strong-buy”.
• 10/7/2026 – Marvell Technology had its price target raised by Wolfe Research from $280.00 to $375.00. They now have an “outperform” rating on the stock.
• 10/7/2026 – Marvell Technology had its “buy” rating reaffirmed by Craig Hallum. They now have a $380.00 price target on the stock.
• 10/7/2026 – Marvell Technology had its “outperform” rating reaffirmed by Oppenheimer. They now have a $425.00 price target on the stock.
• 10/7/2026 – Marvell Technology had its “overweight” rating reaffirmed by KeyCorp.
• 10/7/2026 – Marvell Technology had its “market perform” rating reaffirmed by BMO Capital Markets. They now have a $325.00 price target on the stock.
• 10/7/2026 – Marvell Technology had its “neutral” rating reaffirmed by The Goldman Sachs Group. They now have a $270.00 price target on the stock.
• 10/7/2026 – Marvell Technology had its price target raised by Stifel Nicolaus from $350.00 to $370.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Marvell Technology had its price target raised by UBS Group from $335.00 to $350.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Marvell Technology had its price target raised by Morgan Stanley from $268.00 to $300.00. They now have an “equal weight” rating on the stock.
• 10/7/2026 – Marvell Technology was upgraded by TD Cowen from “hold” to “buy”. They now have a $350.00 price target on the stock, up from $245.00.
• 10/7/2026 – Marvell Technology had its price target raised by Piper Sandler from $270.00 to $400.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Marvell Technology had its price target raised by Wells Fargo & Company from $310.00 to $365.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Marvell Technology had its price target raised by JPMorgan Chase & Co. from $305.00 to $360.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Marvell Technology had its price target raised by Royal Bank Of Canada from $360.00 to $425.00. They now have an “outperform” rating on the stock.
• 10/7/2026 – Marvell Technology had its price target raised by Susquehanna from $265.00 to $340.00. They now have a “positive” rating on the stock.
• 10/7/2026 – Marvell Technology had its price target raised by Needham & Company LLC from $300.00 to $400.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Marvell Technology had its price target raised by Cantor Fitzgerald from $330.00 to $350.00. They now have a “neutral” rating on the stock.
• 10/6/2026 – Marvell Technology had its price target raised by Jefferies Financial Group from $325.00 to $450.00. They now have a “buy” rating on the stock.
• 10/6/2026 – Marvell Technology had its “outperform” rating reaffirmed by Evercore. They now have a $433.00 price target on the stock.
• 10/6/2026 – Marvell Technology had its “strong-buy” rating reaffirmed by Raymond James Financial.
• 10/6/2026 – Marvell Technology was given a new $295.00 price target by Raymond James Financial.
• 10/2/2026 – Marvell Technology was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 9/28/2026 – Marvell Technology had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $360.00 price target on the stock.
• 9/28/2026 – Marvell Technology had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $330.00 price target on the stock.
• 9/22/2026 – Marvell Technology is now covered by Seaport Research Partners. They set a “buy” rating and a $270.00 price target on the stock.
• 9/22/2026 – Marvell Technology was upgraded by Seaport Research Partners to “strong-buy”.
• 9/21/2026 – Marvell Technology had its price target raised by Morgan Stanley from $246.00 to $268.00. They now have an “equal weight” rating on the stock.
• 9/16/2026 – Marvell Technology was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.

Marvell Technology Stock Performance

MRVL opened at $154.39 on Wednesday. The company has a market capitalization of $135.38 billion, a price-to-earnings ratio of 50.95, a P/E/G ratio of 4.62 and a beta of 2.32. The business’s 50-day moving average price is $231.92 and its two-hundred day moving average price is $184.95. Marvell Technology, Inc. has a 1 year low of $70.68 and a 1 year high of $329.88. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.17 and a quick ratio of 2.62.

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

Marvell Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Friday, October 9th were issued a $0.06 dividend. The ex-dividend date was Friday, October 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. Marvell Technology’s dividend payout ratio (DPR) is 7.92%.

Insider Buying and Selling at Marvell Technology

In related news, insider Sandeep Bharathi sold 3,685 shares of the firm’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $234.97, for a total value of $865,864.45. Following the completion of the transaction, the insider owned 58,748 shares of the company’s stock, valued at approximately $13,804,017.56. This trade represents a 5.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Matthew J. Murphy sold 7,500 shares of the firm’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $235.47, for a total transaction of $1,766,025.00. Following the completion of the transaction, the chief executive officer directly owned 768,186 shares of the company’s stock, valued at approximately $180,884,757.42. This trade represents a 0.97% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 57,285 shares of company stock worth $12,901,763. Company insiders own 0.12% of the company’s stock.

Marvell Technology is a fabless semiconductor company that develops data infrastructure chips and related technologies. Its products include networking and Ethernet chips, storage controllers, processors, optical and connectivity solutions, and custom silicon used in data centers, carrier networks, enterprise systems, and other applications. The company’s products help move, store, process, and secure data across cloud and telecommunications infrastructure. Marvell serves customers around the world, including equipment makers and technology companies that incorporate its semiconductors into their systems.