Why Wells Fargo Just Turned More Bullish on Broadcom (AVGO) [Yahoo! Finance]
Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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US:NASDAQ Investor Relations:
investors.broadcom.com
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Source: Yahoo! Finance
price target on the stock to $430 from $410, upgrading to Overweight from Equal-weight. With recent pullback in shares seen as an attractive re-entry point, analysts have expressed confidence in AVGO's long-term AI driven revenue and margin durability. “We think the recent pull-back in shares of Broadcom, coupled with increasing confidence in potentially meaningful incremental catalysts looking through 2026, gives us the opportunity to get constructive.” The firm has increased its calendar 2026 and 2027 estimates for the company, from $97.0B / $103.6B and $130.5B / $139.0 to $108.4B / $115.3B, respectively. The revised estimates are a reflection of higher projections for Broadcom's AI semiconductor revenue, now expected to reach $52.6 billion (up 116% year-over-year) in 2026 and $93.4 billion (up 78% year-over-year) in 2027. Analysts noted how this reflects AI Compute revenue at $36.6B (+131% y/y) and $66.2B (+81% y/y), with AI Networking revenue at $16.1B (+87% y/y) and $27.2
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AVGO
Earnings
- 12/11/25 - Beat
AVGO
Sec Filings
- 1/13/26 - Form 8-K
- 1/9/26 - Form 3
- 1/8/26 - Form 4
- AVGO's page on the SEC website