B. Riley Securities Rates Marvell Technology (MRVL) buy
B. Riley Securities maintains a buy rating on Marvell Technology with a target price of $345, a 19.15% upside from the current price.
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B. Riley Securities rated Marvell Technology, Inc. ($MRVL) "buy" with a $345 price target on June 12, 2026.
Since the rating, $MRVL is up 10.1% after 1 week, down 22.2% after 1 month and down 18.5% to date (from the $279.57 close on Jun 12, 2026).
MRVL
Marvell Technology, Inc.
Key Points
- B. Riley Securities reiterated its buy rating on Marvell Technology, Inc. (MRVL) with a target price of $345.00, while the stock is currently priced at $289.54.
- B. Riley Securities's $345 price target implies 19.15% upside from Marvell Technology, Inc.'s ($MRVL) current $289.54 share price.
- Marvell Technology has a market cap of about $216.8 billion and a P/E ratio of 79.4, reflecting strong growth potential in the semiconductor industry.
- Analysts are generally positive on Marvell, with a consensus rating of strong buy and a mean price target of $339.36 based on 44 opinions.
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B. Riley Securities Maintains Buy Rating
B. Riley Securities has reiterated its buy rating on Marvell Technology, Inc. (MRVL) with a target price of $345.00. The update came on June 12, 2026, as the stock trades at $289.54.
Analysts Set New Price Targets
This reiteration from B. Riley comes as part of a broader positive sentiment on Wall Street. On October 7, 2026, several firms, including UBS and Jefferies, maintained their buy ratings, with price targets ranging from $350.00 to $450.00. JP Morgan and Wells Fargo also kept their overweight ratings with targets of $360.00 and $365.00, respectively. Wolfe Research and RBC Capital maintained their outperform ratings, setting targets at $375.00 and $425.00, while Morgan Stanley remained equal-weight with a target of $300.00. This consensus shows strong confidence in Marvell's performance moving forward.
Stock Performance Context
Marvell Technology's current trading price of $289.54 is below its 52-week high of $329.88, suggesting there may be potential for growth as analysts project a significant upside. The stock has shown resilience, maintaining a healthy position in the semiconductor sector, which is crucial for data infrastructure.
$MRVL price target
Marvell Technology, Inc. daily closes and this analyst's $345 target. Not advice.
Recent Insider Activity
Insider buying activity has also been noted at Marvell. On June 25, 2026, Sara Andrews purchased 1,034 shares, while Rajiv Ramaswami bought 3,082 shares. The average price for these transactions was not disclosed, but the activity points to confidence from company insiders in Marvell's future prospects.
What Marvell Technology, Inc. Does
Marvell Technology, Inc., headquartered in Wilmington, Delaware, provides semiconductor solutions for data infrastructure. It serves data centers and communications markets, developing various products that enhance connectivity and processing power. The company's growth in revenue, along with a solid market cap of approximately $216.8 billion, positions it well within the technology sector.
What's Ahead for Marvell Technology, Inc.
Investors should keep an eye on Marvell's next earnings report scheduled for December 1, 2026. As a reminder, B. Riley's ratings reflect past performance and may not represent current positions. The reiteration of the buy rating signifies ongoing confidence in Marvell's growth trajectory in the semiconductor industry.
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Source: B. Riley Securities's rating change on $MRVL (Jun 12, 2026). Written by software, not financial advice. How we make alerts