
Marvell Technology (MRVL) Stock Forecast & Price Target
Marvell Technology (MRVL) Analyst Ratings
Bulls say
Marvell Technology is poised for significant growth, with the Data Center segment projected to increase by over 25% year-over-year in CY26, reflecting a notable upward revision of roughly 600 basis points from earlier guidance. The company anticipates robust performance across various segments, including Custom Silicon, which is now expected to grow by at least 20% year-over-year, indicating improved demand in their Optics, Switching, and Storage business lines. Additionally, overall revenues are expected to accelerate to 22% year-over-year growth in CY26, underscoring Marvell's strong market position and resilience in the face of previous performance volatility.
Bears say
Marvell Technology's projected growth is anticipated to slow to only 20% XPU growth in CY26, reflecting concerns about its competitive position and potential revenue impacts due to lost market share, specifically with Amazon. Additionally, performance in the Carrier and Networking segments fell short of management's expectations, registering only 25% Q/Q growth instead of the projected 30%, which raises further concerns about demand from telecom operators. The company's forecasted gross margins of 58.4% in FY27 and 56.4% in FY28 suggest a decline, exacerbated by an increasing proportion of Custom Silicon in its revenue mix, indicating potential long-term profitability challenges.
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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