Marvell Technology stock gains as analysts lift targets

Published on 09/16/2026 at 13:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Marvell Technology stock traded at USD 222.17 on September 16, 2026, after a 1.53 percent rise. MarketBeat said on September 15, 2026 that analysts now see USD 270.47 on average.

Techniker im Reinraum untersuchen einen glänzenden Siliziumwafer vor Serverschränken — Fotorealistische Szene zeigt Reinraum-Techniker mit Siliziumwafer, passend zu Marvell Technology, Aktie ISIN US5738741041, Halbleiterbranche, Illustration mit AI erstellt.

Marvell Technology stock (ISIN US5738741041) traded at USD 222.17 on September 16, 2026, after a 1.53 percent rise, with volume at 8,556,528 shares on Nasdaq. CNBC showed a market value of USD 194.816 billion, while the 52-week range ran from USD 66.33 to USD 329.88.

Analysts keep the stock supported

According to MarketBeat on September 15, 2026, KeyCorp restated an overweight rating, Susquehanna lifted its price objective to USD 265 from USD 230, and Deutsche Bank reiterated buy with a USD 240 target. The same report said the consensus target price stood at USD 270.47.

That matters because the stock finished September 15, 2026 at USD 221.70 on Nasdaq, after trading between USD 220.92 and USD 227.62 and closing above the prior close of USD 218.82.

Revenue and guidance

According to MarketBeat, Marvell Technology reported quarterly earnings on August 27, 2026, with EPS of USD 0.94, above consensus of USD 0.93. Revenue reached USD 2.74 billion, versus USD 2.72 billion expected, and revenue rose 36.5 percent year over year.

The same report said the company set Q3 2027 guidance at USD 1.050 to USD 1.150 EPS and that sell-side analysts expect USD 3.03 EPS for the current year. For investors, the gap between the USD 2.74 billion quarter and the USD 270.47 consensus target is now the key valuation question.

Price around the high

Marvell Technology stock last traded at USD 222.17 on September 16, 2026, with market capitalization at USD 194.816 billion and 10-day average volume at 19.82 million shares, according to CNBC. The stock remained far above its 52-week low of USD 66.33 and below its 52-week high of USD 329.88.