Marvell Technology Inc (MRVL) Stock Forecast & Predictions

Marvell Technology Inc MRVL: $54.53

, , , . | Sector: Manufacturing | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web:

  • Market Cap$44.55B
  • Change (52 Weeks)14.49%
  • Low (52 Weeks)$40.79
  • Marvell Technology Inc (MRVL) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Marvell Technology Inc (MRVL) stock price is $54.53 and the 52 weeks low is $40.79, which means the Marvell Technology Inc stock price is up 14.49% in the last 12 months.

    Marvell Technology Inc (MRVL) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that MRVL Stock price might rise further, 25.00% indicating that MRVL Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall MRVL stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Marvell Technology Inc (MRVL) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Marvell Technology Inc (MRVL) is based on 34 Institutional Analyst Ratings where 55.88% are on Strong Buy, 26.47% on Moderate Buy, 17.65% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 34 Institutional Analysts, majority recommended MRVL stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Marvell Technology Inc.

    Marvell Technology Inc (MRVL) Stock Price Prediction By Analysts


    HighLowAverage
    $73.50$49.49$60.42
    $60.4210.81% Upside
    Updated: 2021-06-18 00:00:00

    The Average Price target for MRVL set by the institutional analysts is $60.42 where High Estimate is $73.50, Median $61.2 and Low $49.49.

    The average price target for MRVL by Institutional Analysts is $60.42, which is 10.81% Upside from the current price. So according to the Institutional Analysts, MRVL Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Marvell Technology Inc (MRVL) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 434,839 investor portfolio.

    Our algorithm has analysed 434,839 investor portfolio with MRVL stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about MRVL and holding their positions hoping for a further rise in the stock price and more profit.

    Marvell Technology Inc (MRVL) Stock Forecast Based on News Sentiment


    Bullish
    Based on 2 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about MRVL, it shows that Marvell Technology Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that MRVL stock price may surge in the next few weeks.

    Marvell Technology Inc (MRVL) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    RosenblattBuyMaintained
    NeedhamBuyMaintained
    KeybancOverweightMaintained
    NeedhamBuyMaintained
    BMO CapitalOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Craig-HallumBuyUpgraded
    KeyBancOverweightReiterated
    NeedhamBuyMaintained
    Craig-HallumHoldDowngraded
    BenchmarkBuyMaintained
    UBSBuyMaintained
    B. Riley FBRBuyReiterated
    RosenblattBuyReiterated
    Argus ResearchBuyMaintained
    RosenblattBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Cowen & Co.Market PerformUpgraded
    Credit SuisseOutperformReiterated
    B of A SecuritiesBuyMaintained
    BarclaysOverweightMaintained
    Wells FargoEqual-WeightDowngraded
    UBSBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    RosenblattBuyReiterated
    NeedhamBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    CFRABuyMaintained
    B. Riley FBRBuyMaintained
    BenchmarkBuyMaintained
    B. Riley FBRBuyMaintained
    NeedhamBuyMaintained
    B. Riley FBRBuyMaintained
    B. Riley FBRBuyMaintained
    CitigroupBuyMaintained
    StifelBuyMaintained
    Piper SandlerOverweightReiterated
    Morgan StanleyEqual-WeightMaintained
    B. Riley FBRBuyMaintained
    B. Riley FBRBuyMaintained
    SMBC NikkoOutperformInitiated
    Cowen & Co.UnderperformDowngraded
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightMaintained
    BMO CapitalMarket PerformDowngraded
    Wells FargoOutperformUpgraded
    Craig-HallumBuyUpgraded
    Goldman SachsNeutralDowngraded
    William BlairOutperformInitiated
    Raymond JamesMarket PerformInitiated
    Morgan StanleyEqual-WeightMaintained
    MKM PartnersBuyMaintained
    CitiBuyMaintained
    B. Riley FBRBuyMaintained
    Wells FargoMarket PerformInitiated
    UBSBuyMaintained
    CitigroupBuyMaintained
    Bank of AmericaBuyReiterated
    MacquarieOutperformUpgraded
    Craig-HallumHoldDowngraded
    CitigroupBuyUpgraded
    CitigroupNeutralMaintained
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BMO CapitalOutperformUpgraded
    Stifel NicolausBuyUpgraded
    B. Riley FBRBuyMaintained
    CitigroupNeutralMaintained
    UBSBuyMaintained
    Evercore ISI GroupOutperformInitiated
    Deutsche BankBuyUpgraded
    Longbow ResearchBuyInitiated
    UBSBuyInitiated
    Stifel NicolausHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    ArgusBuyInitiated
    PiperJaffrayOverweightInitiated
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    JefferiesBuyUpgraded
    BarclaysOverweightUpgraded
    BenchmarkBuyUpgraded
    CitigroupNeutralUpgraded
    KeyBancOverweightMaintained
    JefferiesHoldMaintained
    Pacific CrestOverweightUpgraded
    OppenheimerOutperformUpgraded
    MacquarieNeutralInitiated
    NeedhamBuyUpgraded
    Goldman SachsNeutralUpgraded
    UBSBuyUpgraded
    Loop CapitalBuyInitiated
    Goldman SachsSellDowngraded
    SusquehannaPositiveUpgraded
    Credit SuisseOutperformUpgraded
    SusquehannaNeutralInitiated
    CitigroupSellMaintained
    Stephens & Co.OverweightInitiated
    UBSSellMaintained
    Northland SecuritiesOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    MKM PartnersNeutralMaintained
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    CitigroupSellMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankHoldMaintained
    Brean CapitalBuyUpgraded
    Standpoint ResearchHoldDowngraded
    Deutsche BankHoldMaintained
    Brean CapitalBuyUpgraded
    Standpoint ResearchBuyUpgraded
    B. Riley FBRBuyUpgraded
    B. RileyBuyUpgraded
    CitigroupSellDowngraded
    UBSSellDowngraded
    MKM PartnersNeutralDowngraded
    Brean CapitalHoldMaintained
    B. Riley FBRSellDowngraded
    B. RileySellDowngraded
    NomuraNeutralDowngraded
    FBR CapitalMarket PerformMaintained
    NomuraBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Craig-HallumBuyUpgraded
    JMP SecuritiesMarket UnderperformMaintained
    UBSNeutralMaintained
    Morgan StanleyEqual-WeightDowngraded
    JefferiesHoldMaintained
    Cowen & Co.OutperformMaintained
    BMO CapitalMarket PerformMaintained
    B. Riley FBRNeutralMaintained
    B. RileyNeutralMaintained
    SusquehannaNeutralDowngraded
    NeedhamHoldDowngraded
    Brean CapitalHoldDowngraded
    JP MorganNeutralDowngraded
    Ladenburg ThalmannBuyUpgraded
    CitigroupNeutralUpgraded
    OppenheimerPerformUpgraded
    Goldman SachsNeutralUpgraded
    CitigroupSellInitiated
    Morgan StanleyOverweightUpgraded
    SusquehannaPositiveMaintained
    FBR CapitalOutperformMaintained
    JMP SecuritiesMarket UnderperformDowngraded
    RBC CapitalTop PickMaintained
    Ladenburg ThalmannNeutralDowngraded
    Craig-HallumHoldDowngraded
    Raymond JamesOutperformMaintained
    Cowen & Co.OutperformInitiated
    UBSNeutralMaintained
    PiperJaffrayNeutralInitiated
    SusquehannaPositiveUpgraded
    Stifel NicolausHoldDowngraded
    Stifel NicolausBuyMaintained
    FBR CapitalOutperformUpgraded
    Deutsche BankHoldMaintained
    Standpoint ResearchHoldDowngraded
    Stifel NicolausBuyMaintained
    NomuraBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldMaintained
    JP MorganOverweightMaintained
    Goldman SachsSellDowngraded
    Ladenburg ThalmannBuyInitiated
    JMP SecuritiesMarket PerformUpgraded
    UBSNeutralMaintained
    JefferiesHoldMaintained
    BenchmarkHoldMaintained
    OppenheimerUnderperformDowngraded
    SusquehannaNeutralDowngraded
    NomuraBuyUpgraded
    Stifel NicolausBuyMaintained
    Raymond JamesOutperformMaintained
    NomuraNeutralMaintained
    JefferiesHoldMaintained
    CitigroupHoldMaintained
    Morgan StanleyEqual-WeightInitiated
    Standpoint ResearchHoldDowngraded
    MKM PartnersBuyInitiated
    CitigroupNeutralMaintained
    Williams FinancialBuyMaintained
    Stifel NicolausBuyMaintained
    NomuraNeutralMaintained
    FBR CapitalMarket PerformMaintained
    Deutsche BankHoldMaintained
    Standpoint ResearchBuyUpgraded
    Raymond JamesOutperformInitiated
    JP MorganOverweightUpgraded
    NomuraNeutralMaintained
    JefferiesHoldMaintained
    FBR CapitalBuyMaintained
    B. Riley FBRBuyUpgraded
    B. RileyBuyUpgraded
    RBC CapitalTop PickUpgraded
    Standpoint ResearchHoldDowngraded
    LazardBuyUpgraded
    Brean CapitalBuyUpgraded
    SusquehannaPositiveUpgraded
    NomuraNeutralMaintained
    JMP SecuritiesMarket UnderperformDowngraded
    FBR CapitalMarket PerformMaintained
    DA DavidsonMaintained
    StandpointAccumulateInitiated
    UBSNeutralMaintained
    JefferiesHoldMaintained
    DA DavidsonBuyMaintained
    BMO CapitalMarket PerformMaintained
    RBC CapitalOutperformUpgraded
    WunderlichHoldInitiated
    JMP SecuritiesMarket PerformDowngraded
    Stifel NicolausBuyMaintained
    JefferiesHoldMaintained
    DA DavidsonBuyMaintained
    Williams CapitalBuyMaintained
    Stifel NicolausBuyMaintained
    BOE SecuritiesHoldDowngraded
    NomuraNeutralMaintained
    JP MorganNeutralDowngraded
    JefferiesHoldDowngraded
    FBR CapitalMarket PerformDowngraded
    Deutsche BankHoldDowngraded
    DA DavidsonBuyMaintained
    Credit SuisseNeutralDowngraded
    BarclaysEqual-WeightMaintained
    Bank of AmericaUnderperformDowngraded
    ACI ResearchHoldUpgraded
    Deutsche BankBuyMaintained
    BarclaysEqual-WeightMaintained
    ISI GroupHoldMaintained
    Canaccord GenuityHoldDowngraded
    CitigroupNeutralDowngraded
    NomuraNeutralUpgraded
    RBC CapitalSector PerformDowngraded
    FBR CapitalOutperformMaintained
    Canaccord GenuityBuyMaintained
    BarclaysEqual-WeightMaintained
    UBSNeutralMaintained
    Stifel NicolausBuyMaintained
    FBR CapitalOutperformMaintained
    BenchmarkHoldMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    UBSNeutralDowngraded
    DA DavidsonBuyMaintained
    Morgan KeeganOutperformMaintained
    AurigaBuyMaintained
    BenchmarkHoldDowngraded

    Marvell Technology Inc (MRVL) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.319
    The average consensus EPS for MRVL is $0.319 with a high estimate of $0.336 and Low of $0.304 for the period 2021-09-30 and based on 29 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.29$0.2762162022-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.276185399999999972022-06-30
    $0.29$0.2762162022-03-31
    $0.29$0.296822021-12-31
    $0.25$0.256631999999999972021-09-30
    $0.21$0.2049182021-06-30
    $0.18$0.1430042021-03-31
    $0.17$0.164222020-12-31
    $0.17$0.1778882020-09-30
    $0.16$0.151982020-06-30
    $0.16$0.1467782020-03-31
    $0.25$0.259283999999999962019-12-31
    $0.33$0.326298000000000032019-09-30
    $0.28$0.352614000000000042019-06-30
    $0.32$0.3195662019-03-31
    $0.32$0.317222018-12-31
    $0.34$0.3321122018-09-30
    $0.3$0.2862122018-06-30
    $0.24$0.217262018-03-31
    $0.22$0.194208000000000022017-12-31
    $0.2$0.120869999999999992017-09-30
    $0.18$0.1195442017-06-30
    $0.01$0.07142017-03-31
    $0.11$0.094862016-12-31
    $0.05$0.133620000000000022016-09-30
    $0.12$0.111182016-06-30
    $0.13$0.1062842016-03-31
    $0.25$0.246125999999999982015-12-31
    $0.29$0.29582015-09-30
    $0.34$0.2868242015-06-30
    $0.27$0.2275622015-03-31
    $0.29$0.2586722014-12-31
    $0.32$0.2568362014-09-30
    $0.23$0.195840000000000012014-06-30
    $0.19$0.1434122014-03-31
    $0.19$0.1344362013-12-31
    $0.2$0.1998182013-09-30
    $0.24$0.267138000000000042013-06-30
    $0.23$0.2067542013-03-31
    $0.21$0.177989999999999982012-12-31
    $0.4$0.3956582012-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).