Can Marvell Stock Drop From Here?

Over the past twelve months, Marvell Technology (MRVL) stock has returned 216%, easily outpacing a roughly 18% return for the S&P 500. On October 6, management set a fiscal 2031 revenue target of $70 billion to $90 billion, and the shares closed up about 6% that day. Yet that target remains a forecast rather than a result. Today's buyers carry the risk if Marvell falls short. So what are you paying for Marvell's growth today.