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Wall Street analysts anticipate a 56% upside for Broadcom (AVGO) shares, with a consensus target price of $532.
After a summer sell-off, Broadcom's stock price has fallen 13.7% in one month, currently trading at $339. Despite reports of Anthropic slowing its construction plans triggering the recent sell-off, Broadcom CEO Hock Tan expects the company's AI revenue to reach $115 billion in fiscal year 2027 and $230 billion in fiscal year 2028. Wall Street analysts believe that Broadcom's AI business is experiencing strong growth, its stock is undervalued, and it is currently the AI stock most disconnected from its fundamentals.
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Source：Yahoo财经 · Source Link
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