
Marvell Technology (MRVL) Stock Forecast & Price Target
Marvell Technology (MRVL) Analyst Ratings
Bulls say
Marvell Technology's optimistic revenue projection for FY28E, estimating growth from $11 billion to approximately $15 billion, highlights a significant upward revision of $2 billion compared to previous guidance. The company's Data Center segment is a primary driver of this growth, anticipated to see a year-over-year increase of around 50%, which underpins Marvell's overall revenue growth of roughly 40%. Additionally, the Communications and Other segment reflects a strong recovery, achieving over $6 billion in annual revenue with a promising outlook for continued growth, further solidifying the company's financial prospects.
Bears say
Marvell Technology’s outlook is negatively impacted by potential revenue declines due to reduced spending by telecom operators and the risk of lost design wins. The company's gross margin and operating margin have shown signs of contraction, with a non-GAAP gross margin of 59.0% declining by 69 basis points quarter-over-quarter, indicating pressure on profitability. Additionally, while Marvell has a substantial cash reserve, the anticipated low single-digit revenue growth in the upcoming fiscal year, coupled with macroeconomic uncertainties affecting the semiconductor industry, raises concerns about future performance.
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
Start investing in Marvell Technology (MRVL)
Order type
Buy in
Order amount
Est. shares
0 shares