Oppenheimer Marvell · MRVL

Oppenheimer Raises Marvell Price Target to $250

1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$250
from $200 (+25%)
Outcome
Reached
on June 2, 2026
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What the analyst said

Oppenheimer analyst Rick Shafer raised the price target on Marvell Technology (NASDAQ: MRVL) to $250.00 (from $200.00) while maintaining an Outperform rating.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

MRVL trades at $141. The 24 analysts who set a target in the last 3 months range from $175 to $433, with a median of $300. This $250 target is 17% below the median.

Since the note MRVL has moved −29% (from $199). 12-month window: day 162 of 365, closes on May 28, 2027.

Track record

This call✓ Target reached on June 2, 2026, 5 days after the note.

Firm track recordOppenheimer: 64% of its 14 targets at least a year old were reached within 12 months. Accuracy ranking →

Earnings reactionOne of 19 notes after Marvell’s May 27 results: 17 raised · 0 cut · 1 kept. See every call →

Oppenheimer on Marvell

Oppenheimer price targets on Marvell

5 calls from May 20, 2026 to October 7, 2026. The target went from $200 to $425 (+113%). The rating stayed Buy.

Oppenheimer targetMRVL share price
  1. October 7, 2026Target raised from $325 (+31%)Buy$425
  2. August 28, 2026Target raised from $250 (+30%)Buy$325
  3. August 20, 2026Kept the $250 targetBuy$250
  4. May 28, 2026 This noteTarget raised from $200 (+25%)Buy$250
  5. May 20, 2026Earliest call shownBuy$200
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Other analysts on Marvell

StoneXBuy Kept rating and price target Nov 3 $375maintained UBSBuy Kept rating and price target Nov 3 $350maintained Wells FargoBuy Cut price target −22%, kept rating Nov 3 $285from $365 RBC CapitalBuy Cut price target −41%, kept rating Nov 3 $250from $425 NeedhamBuy Cut price target −25%, kept rating Nov 3 $300from $400
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.