Fintel reports that on March 6, 2025, Loop Capital upgraded their outlook for Marvell Technology (NasdaqGS:MRVL) from Hold to Buy.
Analyst Price Forecast Suggests 79.72% Upside
As of March 3, 2025, the average one-year price target for Marvell Technology is $129.81/share. The forecasts range from a low of $74.94 to a high of $168.00. The average price target represents an increase of 79.72% from its latest reported closing price of $72.23 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Marvell Technology is 8,749MM, an increase of 51.70%. The projected annual non-GAAP EPS is 3.75, an increase of 28.43% from the prior forecast.
What is the Fund Sentiment?
There are 2,251 funds or institutions reporting positions in Marvell Technology. This is an increase of 297 owner(s) or 15.20% in the last quarter. Average portfolio weight of all funds dedicated to MRVL is 0.58%, an increase of 91.89%. Total shares owned by institutions increased in the last three months by 1.79% to 854,305K shares. 
The put/call ratio of MRVL is 0.98, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 27,144K shares representing 3.14% ownership of the company. In its prior filing, the firm reported owning 27,440K shares , representing a decrease of 1.09%. The firm increased its portfolio allocation in MRVL by 49.29% over the last quarter.
FBGRX - Fidelity Blue Chip Growth Fund holds 26,402K shares representing 3.05% ownership of the company. In its prior filing, the firm reported owning 27,367K shares , representing a decrease of 3.66%. The firm increased its portfolio allocation in MRVL by 10.58% over the last quarter.
Jpmorgan Chase holds 21,930K shares representing 2.53% ownership of the company. In its prior filing, the firm reported owning 18,156K shares , representing an increase of 17.21%. The firm increased its portfolio allocation in MRVL by 81.26% over the last quarter.
T. Rowe Price Investment Management holds 21,130K shares representing 2.44% ownership of the company. In its prior filing, the firm reported owning 27,291K shares , representing a decrease of 29.16%. The firm increased its portfolio allocation in MRVL by 21.30% over the last quarter.
Brown Advisory holds 18,877K shares representing 2.18% ownership of the company. In its prior filing, the firm reported owning 21,390K shares , representing a decrease of 13.32%. The firm decreased its portfolio allocation in MRVL by 45.33% over the last quarter.
Marvell Technology Background Information
(This description is provided by the company.)
Marvell Technology, Inc. develops and produces semiconductors and related technology. The Company offers security and networking platform, secure data processing, networking, and storage solutions. Marvell Technology serves customers worldwide
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