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Stockreport

Broadcom (AVGO) AI Chip Revenue Could Exceed $100 Billion by 2027, Rosenblatt Maintains Buy [Yahoo! Finance]

Broadcom Inc. (AVGO)  More Company Research Source: Yahoo! Finance
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Broadcom Inc. (NASDAQ: AVGO ) ranks among the best FAANG+ stocks to invest in right now . On March 5, Rosenblatt boosted its price target for Broadcom Inc. (NASDAQ:AVGO) to $500, up from an unknown previous level, while retaining a Buy rating on the company's shares. The firm referenced Broadcom's first-quarter fiscal 2026 results, which matched expectations, and second-quarter revenue projections, which beat average forecasts by 10%. Rosenblatt emphasized comments from CEO Hock Tan, who stated that the company's fiscal 2027 visibility has significantly increased, with the company adding a path to achieving AI chip revenue of more than $100 billion. Meanwhile, Baird had recently boosted its price target for Broadcom Inc. (NASDAQ:AVGO) to $630 from $420, maintaining an Outperform rating on the stock. The firm praised Broadcom's unique ASIC technology and execution skills, as well as its strong networking deployment, which increases product mix. According to Baird, Anthropic rack i [Read more]
IMPACT SNAPSHOT EVENT TIME: AVGO
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Stockreport

Broadcom (AVGO) AI Chip Revenue Could Exceed $100 Billion by 2027, Rosenblatt Maintains Buy [Yahoo! Finance]

Broadcom Inc.  (AVGO) 
More Company Research Source: Yahoo! Finance
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Broadcom Inc. (NASDAQ: AVGO ) ranks among the best FAANG+ stocks to invest in right now . On March 5, Rosenblatt boosted its price target for Broadcom Inc. (NASDAQ:AVGO) to $500, up from an unknown previous level, while retaining a Buy rating on the company's shares. The firm referenced Broadcom's first-quarter fiscal 2026 results, which matched expectations, and second-quarter revenue projections, which beat average forecasts by 10%. Rosenblatt emphasized comments from CEO Hock Tan, who stated that the company's fiscal 2027 visibility has significantly increased, with the company adding a path to achieving AI chip revenue of more than $100 billion. Meanwhile, Baird had recently boosted its price target for Broadcom Inc. (NASDAQ:AVGO) to $630 from $420, maintaining an Outperform rating on the stock. The firm praised Broadcom's unique ASIC technology and execution skills, as well as its strong networking deployment, which increases product mix. According to Baird, Anthropic rack i [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AVGO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS