TD Cowen Marvell · MRVL

TD Cowen Raises Marvell Price Target to $245

Analyst: Joshua Buchalter 1 min read Reproduced verbatim
Rating
Hold
Target
$245
from $225 (+9%)
Outcome
Reached
on September 21, 2026
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What the analyst said

TD Cowen analyst Joshua Buchalter raised the price target on Marvell (NASDAQ: MRVL) to $245 (from $225) while maintaining a Hold rating on August 28, 2026.

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 $171. The 24 analysts who set a target in the last 3 months range from $175 to $433, with a median of $300. This $245 target is 18% below the median.

Since the note MRVL has moved −29% (from $241). 12-month window: day 67 of 365, closes on August 28, 2027.

Track record

This call✓ Target reached on September 21, 2026, 24 days after the note.

Firm track recordTD Cowen: 83% of its 35 targets at least a year old were reached within 12 months (#6 of 26 firms). Accuracy ranking →

Earnings reactionOne of 11 notes after Marvell’s Aug 27 results: 5 raised · 1 cut · 5 kept. See every call →

TD Cowen on Marvell

TD Cowen price targets on Marvell

8 calls from February 24, 2026 to November 3, 2026. The target went from $85 to $175 (+106%). The rating stayed Hold.

TD Cowen targetMRVL share price
  1. November 3, 2026Downgraded to Hold, target cut from $350 (−50%)Hold$175
  2. October 7, 2026Upgraded to Buy, target raised from $245 (+43%)Buy$350
  3. August 28, 2026 This noteDowngraded to Hold, target raised from $225 (+9%)Hold$245
  4. August 18, 2026Upgraded to Buy, target raised from $200 (+13%)Buy$225
  5. May 28, 2026Target raised from $180 (+11%)Hold$200
  6. May 15, 2026Target raised from $90 (+100%)Hold$180
  7. March 6, 2026Target raised from $85 (+6%)Hold$90
  8. February 24, 2026Earliest call shownHold$85
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Other analysts on Marvell

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 Bank of AmericaHold Downgraded, cut price target −44% Nov 3 $225from $400 SusquehannaBuy Cut price target −12%, kept rating Nov 2 $300from $340
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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.