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What Street Thinks About Broadcom Inc. (AVGO)
Yahoo Finance· 2026-03-23 16:02
Core Insights - Broadcom Inc. (NASDAQ:AVGO) is recognized as one of the top five tech stocks with the best earnings growth projected for 2026, supported by a recent earnings report and guidance update [1] - The company anticipates that networking will contribute up to 40% of total AI revenues, which is expected to help maintain gross margins between 72% and 74% [1] - Broadcom's AI revenues are projected to exceed $100 billion in FY27, with EPS estimates raised to $20 for CY2027, and a target range of $23-$25 now considered achievable [2] Price Target Adjustments - Cantor Fitzgerald has maintained an Overweight rating on Broadcom with a price target of $525, while Rosenblatt has increased its price target to $500 from a previous undisclosed level, both indicating strong confidence in the company's future performance [1][3] Company Overview - Broadcom Inc., headquartered in Palo Alto, California, specializes in the development and supply of semiconductor devices and infrastructure software solutions, operating in two segments: Semiconductor Solutions and Infrastructure Software [4]