
Marvell Technology (MRVL) Stock Forecast & Price Target
Marvell Technology (MRVL) Analyst Ratings
Bulls say
Marvell Technology is poised for significant growth, with revenue projected to reach approximately $250 million in Q4FY29 and an ambitious aim to double to a $1 billion annualized run rate by F4Q29. The company's strategic focus on high-margin market segments, including AI, cloud, and 5G infrastructure, coupled with recovery expected in its cyclically sensitive product lines, positions it to achieve one of the highest long-term revenue growth rates among large-cap semiconductor firms. Additionally, ongoing investments in custom ASICs, design wins in 5G telecom, and accretive M&A activities further enhance Marvell's ability to increase its gross margin and deliver substantial returns to shareholders.
Bears say
Marvell Technology's outlook is negatively impacted by several key factors, including expected lower revenues due to potential decreased spending by telecom operators and the possibility of losing design wins. Management has indicated a significant increase in operating expenses and reduced interest income, leading to a decrease in FY27 and FY28 Non-GAAP EPS estimates by $0.20 and $0.16, respectively. Additionally, a $1 billion reduction in cash reserves due to an acquisition will further diminish other income by approximately $38 million annually, contributing to a challenging financial landscape amidst macroeconomic uncertainties affecting the semiconductor industry.
This aggregate rating is based on analysts' research of Marvell Technology and is not a guaranteed prediction by Public.com or investment advice.
Marvell Technology (MRVL) Analyst Forecast & Price Prediction
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