Marvell Technology (MRVL) stock forecast for 2024. Forecast tables and graphs.

Marvell Technology (MRVL) stock forecast for 2024

Last update: 05-20-2022, 6:09

Sector: Technology

The share price of Marvell Technology, Inc. (MRVL) now

What analysts predict:: $94.03

52-week high/low: $93.7 / $45.74

50/200 Day Moving Average: $63.57 / $68.75

This figure corresponds to the average price over the previous 50/200 days. For Marvell Technology stocks, the 50-day moving average is the resistance level today.

For Marvell Technology stocks, the 200-day moving average is the resistance level today.

Are you interested in Marvell Technology stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Marvell Technology stock price in 2024. How much will one Marvell Technology share be worth in 2024?

Is it worth taking profit / loss on Marvell Technology stock now or waiting? What are analysts' forecasts for Marvell Technology stock?

We forecast Marvell Technology stock performance using neural networks based on historical data on Marvell Technology stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Marvell Technology stock prediction results are shown below and presented as a graph, table and text information.

Marvell Technology stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Marvell Technology analysts is $94.03.

Today 200 Day Moving Average is the resistance level (68.75 $).

50 Day Moving Average is the resistance level (63.57 $).




Historical and forecast chart of Marvell Technology stock

The chart below shows the historical price of Marvell Technology stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Marvell Technology stock price can be found in the table below.

Marvell Technology (MRVL) Forecast for 2024

Month Target Pes. Opt. Vol., %
Jan 87.54 83.78 89.64 6.54 %
Feb 89.12 87.07 91.61 4.96 %
Mar 85.46 80.59 87.34 7.73 %
Apr 87.26 83.94 92.41 9.16 %
May 93.89 88.73 96.14 7.71 %
Jun 101.97 95.75 105.64 9.36 %
Jul 102.88 95.89 109.98 12.82 %
Aug 111.32 105.20 116.33 9.57 %
Sep 110.32 104.47 116.72 10.49 %
Oct 107.23 100.47 115.49 13.00 %
Nov 101.97 97.28 107.28 9.32 %
Dec 103.40 98.96 110.43 10.39 %

Marvell Technology information and performance

Marvell Technology Group Ltd. designs, develops and markets analog, mixed signals, digital signal processing circuits, and embedded and stand-alone integrated circuits. It offers a portfolio of Ethernet solutions including controllers, network adapters, physical transceivers and switches; single or multi-core processors; Application-Specific Application-Specific Integrated Circuits; and SoC products for printers and application processors.

Marvell Technology Address

1000 N. WEST STREET, SUITE 1200, WILMINGTON, DE, US

Market Capitalization: 46 796 620 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 1 186 205 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.526

Price/earnings to growth

DPS: 0.24

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0043

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -0.53

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.702

Quarterly Revenue Growth YOY: 0.683

Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 25.64

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 12.03

Enterprise Value (EV) /Revenue

EV To EBITDA: 59.58

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 850693000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Marvell Technology price target for 2021 by month


Target values for the price of one Marvell Technology share for Jan 2024.

The weighted average target price per Marvell Technology share in Jan 2024 is: 87.54. In Jan, the positive dynamics for Momo shares will prevail with possible monthly volatility of 6.543% volatility is expected.

Pessimistic target level: 83.78

Optimistic target level: 89.64


Target values for the price of one Marvell Technology share for Feb 2024.

The weighted average target price per Marvell Technology share in Feb 2024 is: 89.12. In Feb, the positive dynamics for Momo shares will prevail with possible monthly volatility of 4.961% volatility is expected.

Pessimistic target level: 87.07

Optimistic target level: 91.61


Target values for the price of one Marvell Technology share for Mar 2024.

The weighted average target price per Marvell Technology share in Mar 2024 is: 85.46. In Mar, the negative dynamics for Momo shares will prevail with possible monthly volatility of 7.730% volatility is expected.

Pessimistic target level: 80.59

Optimistic target level: 87.34


Target values for the price of one Marvell Technology share for Apr 2024.

The weighted average target price per Marvell Technology share in Apr 2024 is: 87.26. In Apr, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.160% volatility is expected.

Pessimistic target level: 83.94

Optimistic target level: 92.41


Target values for the price of one Marvell Technology share for May 2024.

The weighted average target price per Marvell Technology share in May 2024 is: 93.89. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 7.715% volatility is expected.

Pessimistic target level: 88.73

Optimistic target level: 96.14


Target values for the price of one Marvell Technology share for Jun 2024.

The weighted average target price per Marvell Technology share in Jun 2024 is: 101.97. In Jun, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.363% volatility is expected.

Pessimistic target level: 95.75

Optimistic target level: 105.64


Target values for the price of one Marvell Technology share for Jul 2024.

The weighted average target price per Marvell Technology share in Jul 2024 is: 102.88. In Jul, the positive dynamics for Momo shares will prevail with possible monthly volatility of 12.816% volatility is expected.

Pessimistic target level: 95.89

Optimistic target level: 109.98


Target values for the price of one Marvell Technology share for Aug 2024.

The weighted average target price per Marvell Technology share in Aug 2024 is: 111.32. In Aug, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.569% volatility is expected.

Pessimistic target level: 105.20

Optimistic target level: 116.33


Target values for the price of one Marvell Technology share for Sep 2024.

The weighted average target price per Marvell Technology share in Sep 2024 is: 110.32. In Sep, the negative dynamics for Momo shares will prevail with possible monthly volatility of 10.492% volatility is expected.

Pessimistic target level: 104.47

Optimistic target level: 116.72


Target values for the price of one Marvell Technology share for Oct 2024.

The weighted average target price per Marvell Technology share in Oct 2024 is: 107.23. In Oct, the negative dynamics for Momo shares will prevail with possible monthly volatility of 12.999% volatility is expected.

Pessimistic target level: 100.47

Optimistic target level: 115.49


Target values for the price of one Marvell Technology share for Nov 2024.

The weighted average target price per Marvell Technology share in Nov 2024 is: 101.97. In Nov, the negative dynamics for Momo shares will prevail with possible monthly volatility of 9.316% volatility is expected.

Pessimistic target level: 97.28

Optimistic target level: 107.28


Target values for the price of one Marvell Technology share for Dec 2024.

The weighted average target price per Marvell Technology share in Dec 2024 is: 103.40. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 10.393% volatility is expected.

Pessimistic target level: 98.96

Optimistic target level: 110.43




Marvell Technology (MRVL) stock dividend

Marvell Technology last paid dividends on 04/07/2022. The next scheduled payment will be on 04/27/2022. The amount of dividends is $0.24 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Date: 01/01/1970

Last Split Factor:


Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.