Stifel has revised its price target for Marvell Technology (MRVL, Financial) from $115 down to $80, while maintaining a Buy rating on the stock. The decision comes amidst the anticipation of the upcoming first-quarter earnings reports for the Analog, Connectivity, and Processors sectors.
The firm has expressed concerns that various impacts from tariffs could result in generally stable results for the March quarter but anticipates a weaker outlook for the June quarter. These impacts may influence the semiconductor industry more broadly, heightening the likelihood of entering a cyclical downturn, according to the analyst's preview note.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 35 analysts, the average target price for Marvell Technology Inc (MRVL, Financial) is $105.83 with a high estimate of $140.00 and a low estimate of $60.00. The average target implies an upside of 103.79% from the current price of $51.93. More detailed estimate data can be found on the Marvell Technology Inc (MRVL) Forecast page.
Based on the consensus recommendation from 39 brokerage firms, Marvell Technology Inc's (MRVL, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Marvell Technology Inc (MRVL, Financial) in one year is $94.02, suggesting a upside of 81.05% from the current price of $51.93. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Marvell Technology Inc (MRVL) Summary page.
