Research Analysts’ Recent Ratings Updates for Marvell Technology (MRVL)

A number of firms have modified their ratings and price targets on shares of Marvell Technology (NASDAQ: MRVL) recently:

• 5/28/2026 – Marvell Technology had its price target raised by Oppenheimer Holdings, Inc. from $200.00 to $250.00. They now have an “outperform” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by TD Cowen from $180.00 to $200.00. They now have a “hold” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by Cantor Fitzgerald from $190.00 to $220.00. They now have a “neutral” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by KeyCorp from $130.00 to $260.00. They now have an “overweight” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by Needham & Company LLC from $118.00 to $270.00. They now have a “buy” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by Morgan Stanley from $172.00 to $195.00. They now have an “equal weight” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by Rosenblatt Securities from $190.00 to $240.00. They now have a “buy” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by UBS Group AG from $195.00 to $230.00. They now have a “buy” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by Wells Fargo & Company from $195.00 to $240.00. They now have an “overweight” rating on the stock.
• 5/28/2026 – Marvell Technology had its “outperform” rating reaffirmed by William Blair.
• 5/28/2026 – Marvell Technology had its price target raised by Barclays PLC from $150.00 to $275.00. They now have an “overweight” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by Jefferies Financial Group Inc. from $149.00 to $235.00. They now have a “buy” rating on the stock.
• 5/28/2026 – Marvell Technology was given a new $235.00 price target by Raymond James Financial, Inc.. They now have a “strong-buy” rating on the stock.
• 5/28/2026 – Marvell Technology had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $240.00 price target on the stock.
• 5/28/2026 – Marvell Technology was given a new $180.00 price target by The Goldman Sachs Group, Inc..
• 5/28/2026 – Marvell Technology was upgraded by Oppenheimer Holdings, Inc. from “outperform” to “buy”.
• 5/28/2026 – Marvell Technology had its price target raised by JPMorgan Chase & Co. from $135.00 to $240.00. They now have an “overweight” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by Bank of America Corporation from $200.00 to $240.00. They now have a “buy” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by Benchmark Co. from $130.00 to $275.00. They now have a “buy” rating on the stock.
• 5/28/2026 – Marvell Technology had its price target raised by Stifel Nicolaus from $210.00 to $230.00. They now have a “buy” rating on the stock.
• 5/27/2026 – Marvell Technology had its price target raised by Roth Mkm from $135.00 to $275.00. They now have a “buy” rating on the stock.
• 5/26/2026 – Marvell Technology was downgraded by Raymond James Financial, Inc. from “strong-buy” to “market perform”.
• 5/26/2026 – Marvell Technology was upgraded by TD Cowen from “hold” to “buy”.
• 5/26/2026 – Marvell Technology is now covered by KeyCorp. They set a “sector weight” rating on the stock.
• 5/26/2026 – Marvell Technology is now covered by Scotiabank. They set an “outperform” rating on the stock.
• 5/26/2026 – Marvell Technology had its price target raised by UBS Group AG from $195.00 to $230.00. They now have a “buy” rating on the stock.
• 5/26/2026 – Marvell Technology was downgraded by Barclays PLC from “overweight” to “positive”.
• 5/26/2026 – Marvell Technology had its price target raised by Citigroup Inc. from $118.00 to $215.00. They now have a “buy” rating on the stock.
• 5/26/2026 – Marvell Technology was given a new $300.00 price target by HSBC Holdings plc. They now have a “buy” rating on the stock.
• 5/26/2026 – Marvell Technology had its price target raised by Susquehanna from $100.00 to $230.00. They now have a “positive” rating on the stock.
• 5/26/2026 – Marvell Technology was given a new $190.00 price target by Compass Point.
• 5/26/2026 – Marvell Technology had its price target raised by Morgan Stanley from $103.00 to $172.00. They now have an “equal weight” rating on the stock.
• 5/26/2026 – Marvell Technology was upgraded by HSBC Holdings plc from “hold” to “buy”. They now have a $300.00 price target on the stock, up from $85.00.
• 5/26/2026 – Marvell Technology had its price target raised by Cantor Fitzgerald from $120.00 to $190.00. They now have a “neutral” rating on the stock.
• 5/22/2026 – Marvell Technology had its price target raised by Stifel Nicolaus from $140.00 to $210.00. They now have a “buy” rating on the stock.
• 5/21/2026 – Marvell Technology had its price target raised by Citigroup Inc. from $118.00 to $215.00. They now have a “buy” rating on the stock.
• 5/20/2026 – Marvell Technology had its price target raised by Oppenheimer Holdings, Inc. from $170.00 to $200.00. They now have an “outperform” rating on the stock.
• 5/20/2026 – Marvell Technology had its price target raised by Wells Fargo & Company from $135.00 to $195.00. They now have an “overweight” rating on the stock.
• 5/19/2026 – Marvell Technology had its “outperform” rating reaffirmed by Evercore Inc. They now have a $155.00 price target on the stock.
• 5/18/2026 – Marvell Technology was given a new $220.00 price target by Melius Research.
• 5/15/2026 – Marvell Technology had its price target raised by TD Cowen from $90.00 to $190.00. They now have a “hold” rating on the stock.
• 5/14/2026 – Marvell Technology had its price target raised by Royal Bank Of Canada from $170.00 to $200.00. They now have an “outperform” rating on the stock.
• 5/13/2026 – Marvell Technology had its “neutral” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $125.00 price target on the stock.
• 5/13/2026 – Marvell Technology had its price target raised by Bank of America Corporation from $125.00 to $200.00. They now have a “buy” rating on the stock.
• 5/12/2026 – Marvell Technology had its “buy” rating reaffirmed by B. Riley Financial, Inc..
• 5/4/2026 – Marvell Technology had its price target raised by UBS Group AG from $120.00 to $195.00. They now have a “buy” rating on the stock.
• 4/21/2026 – Marvell Technology had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $170.00 price target on the stock.
• 4/16/2026 – Marvell Technology had its price target raised by Stifel Nicolaus from $120.00 to $140.00. They now have a “buy” rating on the stock.
• 4/15/2026 – Marvell Technology had its price target raised by Oppenheimer Holdings, Inc. from $150.00 to $170.00. They now have an “outperform” rating on the stock.
• 4/13/2026 – Marvell Technology had its price target raised by B. Riley Financial, Inc. from $135.00 to $156.00. They now have a “buy” rating on the stock.
• 4/9/2026 – Marvell Technology had its price target raised by Cantor Fitzgerald from $100.00 to $120.00. They now have a “neutral” rating on the stock.
• 4/9/2026 – Marvell Technology was upgraded by Barclays PLC from “equal weight” to “overweight”. They now have a $150.00 price target on the stock, up from $105.00.

Marvell Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Friday, April 10th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, April 10th. Marvell Technology’s payout ratio is 8.22%.

Insiders Place Their Bets

In other news, CEO Matthew J. Murphy sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total value of $1,329,450.00. Following the sale, the chief executive officer directly owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. The trade was a 1.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Chris Koopmans sold 10,000 shares of Marvell Technology stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $205.87, for a total transaction of $2,058,700.00. Following the completion of the transaction, the chief operating officer owned 237,392 shares of the company’s stock, valued at $48,871,891.04. This trade represents a 4.04% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 255,060 shares of company stock worth $31,959,772. Insiders own 0.12% of the company’s stock.

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.