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Marvell Technology (MRVL) Price Target Increase by $21 Following Strong Sector Signals

Marvell Technology (MRVL) Price Target Increase by $21 Following Strong Sector Signals

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 10 New Contenders for S&P 500 Index.

Marvell Technology (MRVL) Price Target Increase by $21 Following Strong Sector Signals
Marvell Technology (MRVL) Price Target Increase by $21 Following Strong Sector Signals

On April 13, 2026, B. Riley expressed confidence in Marvell Technology, Inc. (NASDAQ:MRVL)’s future growth value by raising the stock’s price target from $135 to $156. The firm’s analyst maintained a Buy rating on the stock. According to the analyst, Taiwan Semiconductor Manufacturing Company’s (TSM) strong Q1 sales and Q2 outlook signal notable growth across the broader semiconductor and technology supply chains and offer lateral benefits for Marvell Technology, Inc. (NASDAQ:MRVL).

In a more recent development, on April 22, 2026, Marvell…

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