MRVL Price Prediction Next Week
Technical Analysis: Based on recent price action, MRVL has shown significant weakness, dropping 4.51% to close at $103.81 on Friday. The stock is currently in a consolidation phase after gaining about 46% over the past six months.
Key technical indicators suggest:
- RSI (14) at 42.74 indicates neutral territory but trending downward
- MACD is showing bearish divergence with -1.80
- Stock is trading below its 5-day SMA ($107.47) and 10-day SMA ($107.88)
- Currently at 0.32 of the Bollinger Band width, suggesting potential for increased volatility
News Sentiment Analysis:
- Positive catalysts include upcoming Q4 earnings report on March 5th
- Bank of America maintains bullish stance on Marvell's AI infrastructure position
- Recent market-wide semiconductor sector weakness affecting sentiment
- Strong institutional backing with potential for AI revenue target increase at June investor day
Price Prediction for Next Week: Based on technical and fundamental factors:
Target Prices:
- Support levels: $101.72 (Fibonacci S1)
- Resistance levels: $109.97 (Fibonacci pivot)
- Short-term target: $106-108 range
Trading Recommendation: SELL Rationale:
- Technical indicators showing bearish momentum
- Market sentiment currently negative for semiconductor sector
- High probability of continued consolidation before earnings
- Risk of broader market weakness affecting tech stocks
Expected price movement: Initial downside to test $101-102 support level early in the week, with potential for modest recovery toward $106 if broader market stabilizes.
MRVL Similar Chart Price Prediction
The price of MRVL is predicted to go up 5.34%, based on the high correlation periods with SIGI. The similarity of these two price pattern on the periods is 94.95%.
MRVL
SIGI
Up: 5.34%Similarity: 94.95%
MRVL Revenue Forecast
MRVL EPS Forecast
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MRVL VS S&P500
Marvell's strong position in optical chips and its burgeoning custom chip business offer a strong foothold into generative AI infrastructure, which should fuel high growth.
Marvell's strong non-GAAP profitability reflects moaty pricing power, in our view.
We believe Marvell's wide portfolio of switches, processors, and optical chips gives it ample opportunity for cross-selling and share gains.
MRVL Analyst's Forecast
Blayne Curtis
Barclays
Buy
2025-01-17
Price Target
$115 → $150
Upside
+20.23%
Barclays analyst Tom O'Malley raised the firm's price target on Marvell to $150 from $115 and keeps an Overweight rating on the shares as part of a 2025 outlook for the semiconductors and semiconductor capital equipment sector. The firm rolled out 2026 numbers and thinks 2025 will be another year defined as the artificial intelligence "have and have-nots." Barclays is more selective on its AI preferences and likes owning stocks with proprietary serializer/deserializer technology. It still struggles to get more positive on cyclical semis, analog, PC, and handset and thinks larger recoveries take longer to materialize.
Christian Schwab
Craig-Hallum
Strong Buy
2025-01-06
Price Target
$132 → $149
Upside
+25.2%
Tore Svanberg
Stifel
Strong Buy
2025-01-06
Price Target
$125 → $130
Upside
+9.23%
