Broadcom (AVGO) stock has risen 4.1% over the past week, 8.0% over the past month, and an impressive 87.1% over the last year. Wall Street’s analysts are strongly bullish, forecasting a move toward a 12‑month price target of $457.89 from the last close of $332.77, implying meaningful upside ahead for investors watching the AI semiconductor boom.
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Behind this optimism is a consensus StrongBuy rating built on Broadcom’s growing role in custom AI chips and networking. Analysts see the company’s AI roadmap and detailed long-term visibility as powerful drivers, with expectations that AI-focused revenues could soar by fiscal 2027, reinforcing Broadcom’s position at the center of next-generation data centers.
Joshua Buchalter reiterated his Buy rating on AVGO on March 5, 2026, with a $405 price target, signaling upside from current levels. Buchalter, ranked 707 out of 12,081 analysts on TipRanks with a 58.95% success rate and 15.70% average return per rating, highlighted Broadcom’s clear outlook for about 6GW of custom XPU deployments plus Google in 2027 and the possibility of more than $100 billion in AI chip revenue.
Analyst Sebastien Naji also reiterated a Buy on AVGO on March 5, 2026, setting a $317.53 price target while remaining positive on the story despite that level being below the current market price. Naji, ranked 6,380 out of 12,081 with a 41.94% success rate and 1.70% average return, pointed to a strong fiscal first quarter, accelerating AI semiconductor growth, and guidance that significantly beat consensus, especially in ASICs and AI networking tied to major cloud players.
Christopher Rolland joined the bullish camp by reiterating a Buy on AVGO on March 5, 2026, with a higher $450 price target, underscoring substantial upside potential. Rolland, a top-ranked analyst at 131 out of 12,081 with a 59.32% success rate and 25.80% average return, emphasized Broadcom’s expectation of shipping close to 10GW of custom XPUs in 2027, generating significantly more than $100 billion in AI chip revenue and supported by secured supply and rapidly growing AI networking. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.