
Marvell Technology (MRVL) Stock Forecast & Price Target
Marvell Technology (MRVL) Analyst Ratings
Bulls say
Marvell Technology is projecting a significant revenue increase, with expectations rising from $11 billion for FY27E to approximately $15 billion for FY28E, reflecting a strong potential growth of over 40%. The Data Center segment has been a key driver of this positive outlook, showcasing a sequential growth of around 9%, with further acceleration anticipated as Data Center revenue is expected to increase by 10% quarter-over-quarter. Additionally, the Communications and Other end market has demonstrated signs of recovery, contributing to overall revenue growth with a sequential increase of 2% to $567 million.
Bears say
Marvell Technology’s financial outlook appears negative due to declining non-GAAP gross margins, which decreased by 69 basis points quarter-over-quarter to 59.0%, alongside a drop in non-GAAP operating margins of 62 basis points to 35.7%. Furthermore, despite an anticipated earnings growth of approximately 42% from CY26 to CY27, the company’s valuation metrics, including a price-to-earnings ratio of 15.9x and a price/earnings to growth (PEG) ratio of 0.38x, remain significantly lower than the peer average of 29.1x and 1.02x, respectively. Lastly, revenue growth is projected to decelerate, with management expecting only low single-digit quarter-over-quarter growth in the first quarter of FY27 and just 10% overall revenue growth for FY27, indicating potential challenges in maintaining momentum in its end markets.
This aggregate rating is based on analysts' research of Marvell Technology and is not a guaranteed prediction by Public.com or investment advice.
Marvell Technology (MRVL) Analyst Forecast & Price Prediction
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