Marvell Earnings Ahead: Multiple High-Accuracy Analysts Raise Price Targets

Marvell Technology, Inc. will report its second-quarter earnings after market close on August 27.

Analysts expect the Wilmington, Delaware-based company to post quarterly earnings per share of 93 cents, up from 67 cents in the same period last year. The market consensus for MRVL's quarterly revenue is $2.71 billion, compared to $2.01 billion reported a year ago.

On August 19, Marvell announced a broad custom chip agreement with Alphabet Inc., which could significantly expand its role in Google's AI infrastructure.

Marvell Technology shares rose 2% on Wednesday, closing at $245.11. Readers can view the latest analyst ratings on the Analyst Stock Ratings page, and filter by stock ticker, company name, analyst firm, rating change, or other variables.

Let's take a look at how the most accurate analysts recently rate the company.

Susquehanna analyst Christopher Rolland maintained a Positive rating on August 25, 2026, and raised the price target from $230 to $265. This analyst has an accuracy rate of 81%.

Rosenblatt analyst Sajal Dogra maintained a Buy rating on August 25, 2026, and raised the price target from $240 to $300. This analyst has an accuracy rate of 54%.

Morgan Stanley analyst Joseph Moore maintained an Equal-Weight rating on August 24, 2026, and raised the price target from $195 to $224. This analyst has an accuracy rate of 83%.

Wells Fargo analyst Aaron Rakers maintained an Overweight rating on August 24, 2026, and raised the price target from $240 to $310. This analyst has an accuracy rate of 88%.

Citigroup analyst Atif Malik maintained a Buy rating on August 21, 2026, and raised the price target from $225 to $275. This analyst has an accuracy rate of 86%.

Considering buying MRVL stock? Here's what the analysts say.