Fintel reports that on March 6, 2026, Benchmark upgraded their outlook for Marvell Technology (NasdaqGS:MRVL) from Hold to Buy.
Analyst Price Forecast Suggests 30.63% Upside
As of February 25, 2026, the average one-year price target for Marvell Technology is $116.91/share. The forecasts range from a low of $90.90 to a high of $163.80. The average price target represents an increase of 30.63% from its latest reported closing price of $89.50 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Marvell Technology is 10,358MM, an increase of 26.40%. The projected annual non-GAAP EPS is 4.57, an increase of 35.24% from the prior forecast.
What is the Fund Sentiment?
There are 1,657 funds or institutions reporting positions in Marvell Technology. This is an decrease of 527 owner(s) or 24.13% in the last quarter. Average portfolio weight of all funds dedicated to MRVL is 0.28%, an increase of 30.20%. Total shares owned by institutions decreased in the last three months by 7.80% to 714,023K shares. 
The put/call ratio of MRVL is 1.24, indicating a bearish outlook.
What are Other Shareholders Doing?
FBGRX - Fidelity Blue Chip Growth Fund holds 18,044K shares representing 2.07% ownership of the company. In its prior filing, the firm reported owning 19,800K shares , representing a decrease of 9.73%. The firm increased its portfolio allocation in MRVL by 1.37% over the last quarter.
Ameriprise Financial holds 17,147K shares representing 1.97% ownership of the company. In its prior filing, the firm reported owning 16,625K shares , representing an increase of 3.04%. The firm decreased its portfolio allocation in MRVL by 81.18% over the last quarter.
Geode Capital Management holds 12,108K shares representing 1.39% ownership of the company. In its prior filing, the firm reported owning 12,011K shares , representing an increase of 0.81%. The firm decreased its portfolio allocation in MRVL by 47.44% over the last quarter.
Franklin Resources holds 11,551K shares representing 1.33% ownership of the company. In its prior filing, the firm reported owning 11,903K shares , representing a decrease of 3.05%. The firm decreased its portfolio allocation in MRVL by 84.54% over the last quarter.
Bank Of America holds 11,461K shares representing 1.32% ownership of the company. In its prior filing, the firm reported owning 13,154K shares , representing a decrease of 14.77%. The firm decreased its portfolio allocation in MRVL by 5.57% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
