HomeMarket analysisMarvell Technology stock forecast: Third-party price targets

Marvell Technology stock forecast: Third-party price targets

Marvell Technology is a US semiconductor company focused on data-centre, networking and storage solutions. Explore MRVL’s recent price action, third-party price targets and technical analysis.
By Dan Mitchell
Illuminated Marvel logo on a red background.
Photo: Shutterstock

Marvell Technology Group (MRVL) is trading around $82.81 in intraday dealings on 15 January 2026, within a session range of $79.28–$83.26 as of 2:20pm UTC, Past performance is not a reliable indicator of future results.

The move comes amid ongoing focus on Marvell’s record third-quarter fiscal 2026 results, where the company reported net revenue of about $2.075bn, up roughly 37% year-on-year, alongside a GAAP gross margin of 51.6% and a non-GAAP gross margin of 59.7% (Marvell Technology, 2 December 2025). Trading also reflects reaction to Marvell’s recently announced agreement to acquire XConn Technologies in a transaction valued at approximately $540m, which is aimed at expanding its PCIe and CXL switching portfolio for data-centre and AI infrastructure markets (Reuters, 6 January 2026).

Marvell Technology stock forecast 2026–2030: Third-party price targets

As of 15 January 2026, third-party Marvell Technology stock predictions show a wide spread of 12-month views, with multiple brokers lifting semiconductor and AI-exposed names after the company’s recent earnings and deal activity. The figures below refer to published 12-month targets or house forecasts, rather than guarantees or recommendations, and are based on each institution’s stated assumptions at the time of publication.

Evercore ISI (broker research)

Evercore ISI raised its Marvell Technology 12-month price target to $156 from $122, maintaining an Outperform rating and pointing to 'multiple data-centre product cycles' and underappreciated AI exposure as key drivers. The broker flagged upside potential amid expectations for at least 25% data-centre revenue growth in calendar 2026 and 40% in 2027 following the company’s October 2025 quarter update, with guidance broadly in line with market estimates (Investing.com, 3 December 2025).

B. Riley Securities (broker research)

B. Riley Securities raised its Marvell Technology 12-month price target to $130 from $100, reiterating a strong buy stance after the firm’s Q3 fiscal 2026 earnings release. The analyst cited better-than-expected full-year 2026 and 2027 guidance and highlighted data-centre and AI infrastructure exposure as central to the investment case, set against robust recent revenue growth (MarketScreener, 3 December 2025).

Piper Sandler (broker research)

Piper Sandler lifted its MRVL target to $135 from $85.0, keeping a strong buy rating in place as it updated its semiconductor coverage following Marvell’s latest quarterly numbers. The broker pointed to stronger demand trends in cloud and custom silicon, alongside management’s multi-year growth outlook for data-centre revenues, amid continued AI-related capital expenditure (Investing.com, 3 December 2025).

Melius Research (broker research / forecast synthesis)

Melius Research upgraded Marvell from Hold to Buy, setting a 12-month price target of $135 and placing the stock among its preferred AI infrastructure plays. The firm framed its target around expectations for continued acceleration in data-centre and cloud networking revenues, while pointing to Marvell’s custom silicon roadmap and recent acquisition strategy as potential supports (Yahoo Finance, 6 January 2026).

MarketBeat (multi-broker average)

A MarketBeat page collating recent Wall Street MRVL stock forecasts reports an average 12-month price target around $115.70, with individual broker targets spanning roughly $67 to $156. This aggregate view, which reflects the most recent rating from each analyst over the prior 12 months, sits below the most optimistic AI-focused scenarios but above more conservative targets, amid broadly positive expectations for Marvell’s data-centre and networking franchises (MarketBeat, 15 January 2026).

Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.

MRVL stock price: Technical overview

The MRVL stock price is trading near $82.81 as of 2:20pm UTC on 15 January 2026, sitting below its short- and medium-term simple moving averages, with the 10-, 20-, 50- and 100-day moving averages clustered around 85, 85, 87 and 83 respectively, while the 200-day moving average sits lower near 75. The 14-day RSI is around 40, placing it in the lower-neutral range, while the ADX near 9 points to a weak trend backdrop, with price action consolidating after recent moves.

On the topside, the nearest classic pivot resistance sits at R1 around 98.1, with R2 near 111.2 only coming into focus after a sustained daily close above that first barrier. On pullbacks, initial support is marked by the classic pivot at about 89.6, followed by the longer-term 200-day moving average near 75.1 as the next key area. A clear break below that zone could open the door to a deeper move towards S1 around 76.5 (TradingView, 15 January 2026).

This technical analysis is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.

Marvell Technology share price history (2024–2026)

Marvell Technology’s share price has completed a pronounced round trip over the past two years, rising from around $65 in mid-January 2024 to peaks above $125 in December 2024, before sliding back towards the high-$50s by early April 2025 and then rebuilding. The stock then pushed higher through late 2025, with strong swings around November and December taking it from below $70 in early September to an intraday high above $108 on 2 December 2025, before easing into the mid-$80s by year-end. By 15 January 2026, Marvell closed at $83.05, leaving it well below its early-2025 highs near $125 but still comfortably above the lows near $50–$55 seen in April 2025.

Past performance is not a reliable indicator of future results.

Marvell Technology (MRVL): Capital.com analyst view

The MRVL stock price has followed a volatile path over the past two years, moving from the low-$60s in early 2024 to peaks above $120 in late 2024 before retreating sharply into the $50–$60 area in April 2025 and then rebuilding into the $80–$100 band through the second half of 2025. This pattern reflects periods of optimism around AI-related data-centre demand and custom silicon, alongside episodes where earnings updates and guidance changes have prompted rapid re-pricing in both directions.

From a fundamental perspective, recent results show rapid revenue growth in Marvell’s data-centre and AI-focused franchises, which some commentators view as a structural driver for the business, while others highlight that the stock’s higher beta can amplify moves when sentiment shifts. Strong AI and cloud spending, new design wins or further M&A could support the longer-term growth narrative, but weaker hyperscaler capital expenditure, increased competition or broader macroeconomic slowdowns could equally pressure margins, earnings expectations and the share price.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Past performance is not a reliable indicator of future results.

Capital.com’s client sentiment for Marvell Technology CFDs

As of 15 January 2026, Capital.com client positioning in Marvell Technology CFDs shows buyers at 94.4% versus sellers at 5.6%, representing a heavily one-sided tilt towards long positions, with buyers ahead by around 88.8 percentage points. This snapshot reflects open positions on Capital.com and can change over time as traders respond to news, volatility and broader market conditions.

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Summary – Marvell Technology stock price

  • Marvell Technology’s share price started 2025 around $113–$118 and briefly traded above $127 in late January, marking the upper end of the year’s range.
  • After a volatile first quarter with multiple closes above $110, the stock trended lower into April, touching the low-$50s before stabilising.
  • From mid-year, prices rose from around $60–$70 in June to test above $100 in early December, including an intraday high near $108.54 on 2 December 2025.
  • By the end of December 2025, Marvell was closing in the mid-$80s to low-$90s, below its early-year peaks but well above the April lows.

Past performance is not a reliable indicator of future results.

FAQ

Who owns most Marvell Technology stock?

Marvell Technology has a broad institutional shareholder base, with large asset managers and investment funds typically accounting for a significant proportion of its outstanding shares. These often include global firms such as mutual fund providers, pension funds and exchange-traded fund managers, alongside company insiders and retail investors. Institutional ownership levels can change over time as funds rebalance portfolios, respond to earnings updates or adjust exposure to the semiconductor and technology sector.

What is the five-year Marvell Technology share price forecast?

There is no single, definitive five-year share price forecast for Marvell Technology. Longer-term projections vary widely and depend on assumptions around data-centre demand, AI infrastructure spending, competition, margins and broader economic conditions. While some analysts publish multi-year scenarios, these are not forecasts or guarantees and can change materially as new information emerges. Longer time horizons typically involve greater uncertainty, making outcomes harder to assess with confidence.

Is Marvell Technology a good stock to buy?

Whether Marvell Technology is considered attractive depends on individual objectives, risk tolerance and time horizon. The company operates in areas linked to data centres, networking and AI infrastructure, which some market participants view as longer-term growth themes. At the same time, the stock has experienced periods of sharp volatility, and earnings expectations can shift quickly. This content is provided for information only and does not constitute investment advice, and outcomes may differ from expectations.

Could Marvell Technology stock go up or down?

Marvell Technology’s share price can move both up and down, sometimes sharply, in response to earnings results, guidance updates, analyst revisions, deal activity and wider market conditions. Factors such as changes in cloud and AI spending, competitive pressures, macroeconomic trends and overall risk sentiment can all influence price direction. Past price movements show that both gains and drawdowns have occurred, and future performance remains uncertain.

Should I invest in Marvell Technology stock?

Decisions about investing in Marvell Technology stock depend on personal financial circumstances, experience and appetite for risk. Shares in technology and semiconductor companies can be sensitive to earnings surprises and shifts in market sentiment. This content does not provide investment advice or recommendations. Anyone considering investing may wish to carry out their own research and, where appropriate, seek independent financial advice before making a decision.

Can I trade Marvell Technology CFDs on Capital.com?

Yes, you can trade Marvell Technology CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.