Even though Marvell Technology, Inc. (NASDAQ: MRVL) stock has corrected nearly 5% over the past five days through September 29, 2026, several Wall Street analysts have reaffirmed their bullish outlook for this company.

Over the past three days, four analysts have signaled further upside for the MRVL share price for the next 12 months. On September 27, Srini Pajjuri, an expert at RBC Capital, reiterated a ‘Buy’ rating for Marvell stock. 

Pajjuri maintained the firm’s 12-month price target for MRVL share price at $360, thereby indicating a potential 42.91% upside. On Monday, Timothy Arcuri, an analyst at UBS, issued a ‘Buy’ rating for Marvell and raised the 12-month price target to $335 from $310. 

On September…