Marvell Technology (MRVL) is trading down at $241.24 (-1.65%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Technology sector.
Analyst price targets on MRVL
Current price targets from 12 firms average $322, median $345, ranging from $195 to $450 — the average is 33% above the current $241. Each is tracked to its date and scored the same way a member's call is.
- Stifel $275 → $370 by Oct 2027 Oct 10, 2026 via Investing.com · Stifel's track record
- B. Riley Securities $275 → $365 by Oct 2027 Oct 10, 2026 via Investing.com · B. Riley Securities's track record
- TD Cowen $275 → $350 by Oct 2027 Oct 10, 2026 via Investing.com · TD Cowen's track record
- Jefferies $275 → $450 by Oct 2027 Oct 10, 2026 via Investing.com · Jefferies's track record
- Susquehanna $287 → $340 by Oct 2027 Oct 7, 2026 via Investing.com · Susquehanna's track record
- Wells Fargo $287 → $365 by Oct 2027 Oct 7, 2026 via Investing.com · Wells Fargo's track record
- Evercore ISI $287 → $433 by Oct 2027 Oct 6, 2026 via Investing.com · Evercore ISI's track record
- Piper Sandler $236 → $270 by Sep 2027 Sep 11, 2026 via Yahoo Finance · Piper Sandler's track record
- Morgan Stanley $217 → $246 by Aug 2027 Aug 28, 2026 via Investing.com · Morgan Stanley's track record
- JPMorgan $251 → $240 by Aug 2027 Aug 20, 2026 via Investing.com · JPMorgan's track record
- Raymond James $237 → $235 by Aug 2027 Aug 19, 2026 via Investing.com · Raymond James's track record
- Goldman Sachs $217 → $195 by Aug 2027 Aug 12, 2026 via Investing.com · Goldman Sachs's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Marvell Technology revenue & net income history (FY2020–FY2026)
| FY2020Feb 2020 | FY2021Jan 2021 | FY2022Jan 2022 | FY2023Jan 2023 | FY2024Feb 2024 | FY2025Feb 2025 | FY2026Jan 2026 | |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | $2.70B | $2.97B | $4.46B | $5.92B | $5.51B | $5.77B | $8.19B |
| Growth (year over year) | — | +10.0% | +50.3% | +32.7% | −7.0% | +4.7% | +42.1% |
| Gross profit | $1.36B | $1.49B | $2.06B | $2.99B | $2.29B | $2.38B | $4.18B |
| Gross margin | 50.3% | 50.1% | 46.3% | 50.5% | 41.6% | 41.3% | 51.0% |
| Operating income | −$243.4M | −$258.4M | −$347.7M | $238.0M | −$567.7M | −$720.3M | $1.32B |
| Operating margin | −9.0% | −8.7% | −7.8% | 4.0% | −10.3% | −12.5% | 16.1% |
| Net income | $1.58B | −$277.3M | −$421.0M | −$163.5M | −$933.4M | −$885.0M | $2.67B |
| Net margin | 58.7% | −9.3% | −9.4% | −2.8% | −16.9% | −15.3% | 32.6% |
| EPS (diluted) | $2.34 | −$0.41 | −$0.53 | −$0.19 | −$1.08 | −$1.02 | $3.07 |
| Balance sheet | |||||||
| Cash and equivalents | $647.6M | $748.5M | $613.5M | $911.0M | $950.8M | $948.3M | $2.64B |
| Total assets | — | $10.8B | $22.1B | $22.5B | $21.2B | $20.2B | $22.3B |
| Total liabilities | — | $2.33B | $6.41B | $6.88B | $6.40B | $6.78B | $7.98B |
| Long-term debt | — | $993.2M | $4.48B | $3.91B | $4.06B | $3.93B | $3.97B |
| Shareholders' equity | $8.68B | $8.44B | $15.7B | $15.6B | $14.8B | $13.4B | $14.3B |
| Cash flow | |||||||
| Operating cash flow | $360.3M | $817.3M | $819.3M | $1.29B | $1.37B | $1.68B | $1.75B |
| Capital expenditure | $81.9M | $106.8M | $169.2M | $206.2M | $336.3M | $284.6M | $354.1M |
| Free cash flow | $278.4M | $710.5M | $650.1M | $1.08B | $1.03B | $1.40B | $1.40B |
| Dividends paid | $159.6M | $160.6M | $191.0M | $204.4M | $206.8M | $207.5M | $205.1M |
| Share buybacks | $364.3M | $25.2M | $0 | $115.0M | $150.0M | $725.0M | $2.04B |
| Q3 FY25Nov 2024 | Q4 FY25†Feb 2025 | Q1 FY26May 2025 | Q2 FY26Aug 2025 | Q3 FY26Nov 2025 | Q4 FY26†Jan 2026 | Q1 FY27May 2026 | Q2 FY27Aug 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.52B | $1.82B | $1.90B | $2.01B | $2.07B | $2.22B | $2.42B | $2.74B |
| Growth (year over year) | +6.9% | +27.4% | +63.3% | +57.6% | +36.8% | +22.1% | +27.6% | +36.5% |
| Gross profit | $349.4M | $917.4M | $952.4M | $1.01B | $1.07B | $1.15B | $1.26B | $1.46B |
| Gross margin | 23.0% | 50.5% | 50.3% | 50.4% | 51.6% | 51.7% | 52.1% | 53.1% |
| Operating income | −$702.8M | $235.2M | $270.6M | $290.1M | $357.8M | $404.4M | $339.4M | $459.7M |
| Operating margin | −46.4% | 12.9% | 14.3% | 14.5% | 17.2% | 18.2% | 14.0% | 16.8% |
| Net income | −$676.3M | $200.2M | $177.9M | $194.8M | $1.90B | $396.1M | $34.5M | $308.0M |
| Net margin | −44.6% | 11.0% | 9.4% | 9.7% | 91.7% | 17.9% | 1.4% | 11.2% |
| EPS (diluted) | −$0.78 | $0.23 | $0.20 | $0.22 | $2.20 | $0.45 | $0.04 | $0.33 |
| Balance sheet | ||||||||
| Cash and equivalents | $868.1M | $948.3M | $885.9M | $1.22B | $2.71B | $2.64B | $3.84B | $3.93B |
| Total assets | $19.7B | $20.2B | $20.0B | $20.6B | $21.6B | $22.3B | $26.9B | $27.6B |
| Total liabilities | $6.34B | $6.78B | $6.71B | $7.16B | $7.52B | $7.98B | $8.73B | $9.02B |
| Long-term debt | $3.97B | $3.93B | $2.98B | $3.97B | $3.97B | $3.97B | $4.96B | $4.96B |
| Shareholders' equity | $13.4B | $13.4B | $13.3B | $13.4B | $14.1B | $14.3B | $18.2B | $18.5B |
| Cash flow | ||||||||
| Operating cash flow | $536.3M | $514.0M | $332.9M | $461.6M | $582.3M | $373.7M | $638.8M | $605.5M |
| Capital expenditure | $75.0M | $69.9M | $118.8M | $47.5M | $73.5M | $114.3M | $155.7M | $126.7M |
| Free cash flow | $461.3M | $444.1M | $214.1M | $414.1M | $508.8M | $259.4M | $483.1M | $478.8M |
| Dividends paid | $51.9M | $51.9M | $51.8M | $51.7M | $50.8M | $50.8M | $53.8M | $53.9M |
| Share buybacks | $200.0M | $200.0M | $340.0M | $200.0M | $1.30B | $200.1M | $200.0M | $200.0M |
From Marvell Technology's 10-K and 10-Q filings with the SEC; its fiscal year ends in January. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Marvell Technology
Marvell Technology, Inc. is an American company, headquartered in Santa Clara, California, which develops and produces semiconductors and related technology. Founded in 1995, the company had close to 7,500 employees as of 2026, with over 10,000 patents worldwide, and an annual revenue of $8.2 billion for fiscal 2026.
Source: Wikipedia — Marvell Technology
- Headquarters
- Wilmington, Delaware From SEC filings, Oct 2026
Recent News (3)
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Marvell Stock: A Brutal Selloff, An Even Bigger Opportunity (NASDAQ:MRVL) Marvell Stock: A Brutal Selloff, An Even Bigger Opportunity (NASDAQ:MRVL) Seeking Alpha
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Broadcom vs. Marvell Technology: Which Technology Stock Is a Better Buy in 2026? Broadcom vs. Marvell Technology: Which Technology Stock Is a Better Buy in 2026? The Motley Fool
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