--- title: "Why Marvell Technology Stock Is Moving On Up" type: "News" locale: "en" url: "https://longbridge.com/en/news/287087135.md" description: "Marvell Technology's stock is rising as three Wall Street analysts, including Citigroup, Oppenheimer, and Wells Fargo, raised their price targets to $215, $200, and $195. Revenue growth is projected to reach 34% this year, driven by Trainium chip sales. Oppenheimer anticipates total revenue exceeding $11 billion in 2026 and $15 billion in 2027. Despite high valuations, analysts suggest Marvell may still be a viable investment option." datetime: "2026-05-20T14:55:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287087135.md) - [en](https://longbridge.com/en/news/287087135.md) - [zh-HK](https://longbridge.com/zh-HK/news/287087135.md) --- # Why Marvell Technology Stock Is Moving On Up ## Key Points - Three Wall Street analysts raised price targets for Marvell stock today. - Revenue growth could hit 34% this year -- and growth is accelerating. - 10 stocks we like better than Marvell Technology › For the second day in a row, **Marvell Technology** (NASDAQ: MRVL) stock is moving higher -- and this time, you've got Wall Street to thank for it. Tic-tac-toe, three-in-a-row, Wall Street analysts at Citigroup, Oppenheimer, and Wells Fargo lined up to raise price targets on Marvell stock -- to $215, $200, and $195, respectively. _**Will AI create the world's first trillionaire?** Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. **Continue »**_ Image source: Getty Images. ## Why Wall Street loves Marvell stock Why are Wall Street banks raising price targets on Marvell stock? Let me count the ways. Citi's mainly playing catch-up here, raising its price targets on semiconductor stocks long _after_ they've already skyrocketed. Yesterday, Citi nearly doubled its price target on **Micron** (NASDAQ: MU). Today, it's Marvell's turn, at the PT rises from $118 to $215 (also nearly a double). As for the others, both Oppy and Wells cite Trainium chip sales to Anthropic, **Amazon.com** (NASDAQ: AMZN), and others as a major catalyst for Marvell. Oppenheimer forecasts $2 billion in custom chip sales (including Trainium) this year, with sales to **Microsoft** (NASDAQ: MSFT) ramping toward the end of the year. Wells points out that Marvell already has $_225_ billion in Trainium backlog and predicts Trainium sales could reach $6 billion in 2027 and 2028 -- with the potential to double if prices move higher. Oppenheimer forecasts total revenue exceeding $11 billion in 2026 and $15 billion in 2027. ## What it means for Marvell stock Valued in excess of 57 times trailing earnings (and nearly 46 times forward earnings), Marvell is not a cheap stock -- not at first glance. Even just $11 billion in 2026 sales would mean 34% revenue growth, however, accelerating to 36% growth in 2027 if Marvell hits 2027 -- and Oppenheimer thinks these are _conservative_ numbers. Assuming profits growth can keep pace, Marvell stock may not yet be too expensive to buy. ## Should you buy stock in Marvell Technology right now? Before you buy stock in Marvell Technology, consider this: The _Motley Fool Stock Advisor_ analyst team just identified what they believe are the **10 best stocks** for investors to buy now… and Marvell Technology wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when **Netflix** made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, **you’d have $481,750**!\* Or when **Nvidia** made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, **you’d have $1,352,457**!\* Now, it’s worth noting _Stock Advisor’s_ total average return is 990% — a market-crushing outperformance compared to 206% for the S&P 500. **Don't miss the latest top 10 list, available with _Stock Advisor_, and join an investing community built by individual investors for individual investors.** **See the 10 stocks »** _\*Stock Advisor returns as of May 20, 2026._ _Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Marvell Technology, Micron Technology, and Microsoft. The Motley Fool has a disclosure policy._ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [MRVL.US](https://longbridge.com/en/quote/MRVL.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [MVLL.US](https://longbridge.com/en/quote/MVLL.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [OPY.US](https://longbridge.com/en/quote/OPY.US.md) - [WFC.US](https://longbridge.com/en/quote/WFC.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) - [WFC-D.US](https://longbridge.com/en/quote/WFC-D.US.md) - [WFC-L.US](https://longbridge.com/en/quote/WFC-L.US.md) - [WFC-Y.US](https://longbridge.com/en/quote/WFC-Y.US.md) - [WFC-C.US](https://longbridge.com/en/quote/WFC-C.US.md) - [WFC-Z.US](https://longbridge.com/en/quote/WFC-Z.US.md) - [WFC-A.US](https://longbridge.com/en/quote/WFC-A.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Why Marvell (MRVL) Stock Is Rising Again Today and Why BofA Calls It a Top Pick](https://longbridge.com/en/news/286411547.md) - [Marvell Technology (MRVL) to Release Earnings on Wednesday](https://longbridge.com/en/news/287016554.md) - [World Investment Advisors Purchases 16,751 Shares of Marvell Technology, Inc. $MRVL](https://longbridge.com/en/news/286407621.md) - [Marvell Technology Has a Hidden Growth Engine That Could Cause MRVL Stock to Skyrocket](https://longbridge.com/en/news/286602332.md) - [Marvell Stock (MRVL) Gains Wall Street Support as AI Chip Demand Fuels Higher Price Targets](https://longbridge.com/en/news/287098436.md)