Marvell Technology stock: Arete raises target to USD 300 from USD 143
Published on 10/23/2026 at 16:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSArete target increase
- Arete raised its Marvell Technology target to USD 300 from USD 143 on October 16, 2026.
- Fiscal second-quarter revenue reached USD 2.74 billion, up 36.50 percent year over year.
- Marvell Technology stock costs EUR 203.63 at Lang & Schwarz on October 23, 2026 at 4:33 p.m. CEST.
- Marvell has investor events scheduled for October 27, 2026 and October 28, 2026.
Arete raised its Marvell Technology target to USD 300 from USD 143 on October 16, 2026, according to MarketScreener. The new target stood 29.93 percent above the USD 230.90 Nasdaq quote at 10:40 a.m. ET on October 23, 2026. At Lang & Schwarz, Marvell Technology was trading at EUR 203.63 on October 23, 2026 at 4:33 p.m. CEST.
Revenue growth remains central
Marvell's fiscal second-quarter revenue reached USD 2.74 billion, up 36.50 percent from the year-earlier period, while data-center revenue rose 46.00 percent to USD 2.17 billion. MarketBeat reported that adjusted earnings per share reached USD 0.94 in the same fiscal quarter, versus USD 0.67 a year earlier. The figures place operating execution alongside the much larger long-range targets presented to investors.
Valuation sets a high hurdle
Marvell's market capitalization was USD 202.2 billion on October 23, 2026, while its price-to-earnings ratio was 76.15. The Nasdaq quote stood at USD 230.90 at 10:40 a.m. ET, compared with a 52-week range of USD 70.69 to USD 329.88. That range leaves the stock 30.01 percent below its 52-week high, calculated from the same USD price series.
What dates come next?
Marvell's published calendar lists the ISIG Executive Summit for October 27, 2026 and the AI Networking Summit for October 28, 2026. The company also identifies Investor Day 2026 as an October 6 event on its website, while its newsroom has dated product and infrastructure announcements to October 12 and October 13, 2026. These dates keep the company's AI connectivity program visible between reporting periods.
Peer valuation in USD
Broadcom was quoted at USD 325.86 on October 23, 2026 at 10:40 a.m. ET, up 0.81 percent from USD 323.24, with a price-to-earnings ratio of 41.44 and market capitalization of USD 1.6 trillion. NVIDIA stood at USD 213.50 at 10:40 a.m. ET, up 0.61 percent from USD 212.21, with a price-to-earnings ratio of 26.90 and market capitalization of USD 5.1 trillion. Marvell's higher valuation multiple therefore remains a central distinction within this group.
Stock price and target distance
Arete's USD 300 target and Marvell's USD 2.74 billion fiscal second-quarter revenue provide two different reference points for investors assessing the stock. The current euro quote reflects the German trading perspective, while the Nasdaq quotation and analyst target remain in USD.
The further course of trading is shown by the continuously updated real-time quote of Marvell Technology stock.
Marvell Technology market data
- Company: Marvell Technology, Inc.
- ISIN: US5738741041
- Ticker: MRVL
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 23, 2026, 4:33 p.m. CEST): EUR 203.63
- Market capitalization: USD 202.2 billion (as of October 23, 2026)
- 52-week range: USD 70.69-329.88 (as of October 23, 2026)
- Sector / Industry: Technology / Semiconductors
Market context: Market report S&P 500.
