Prediction: Broadcom Stock Could Be Much Higher by 2027
Article excerpt
AVGO trades at just 18x fiscal 2027 earnings, and with analysts targeting $531 and zero Sell ratings among 45 analysts, that implies nearly 50% upside. Broadcom expects AI semiconductor revenue to hit $115 billion in 2027 and double to $230 billion in 2028, with CEO Hock Tan targeting $30-plus EPS. Broadcom has already surpassed a 69% gain four times since 2010, clearing the exact threshold needed to reach $600 by 2027. Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor) Broadcom ( NASDAQ:AVGO ) has turned into the custom-silicon partner for frontier AI. It makes Google's TPUs, Meta's MTIA chips and OpenAI's Jalapeno accelerator, and it expects Anthropic to become its largest XPU customer in 2027. The stock hasn't kept pace with the business. Shares are up only 3.29% year-to-date, even though they gained 700.97% over five years. I think that gap is the setup for the next leg higher. Here's what Broadcom needs to do to hit $600 per share in 2027. Analysts are strongly bullish. The consensus 1-year target is $531.85, which is 49.6% above today's price of $355.55. There are 8 Strong Buy and 37 Buy ratings on the stock, and no Sells. For fiscal 2027, analysts forecast revenue of $173.5 billion, up 64%, and EPS of $19.3814, up 66%. That EPS estimate has dropped from $19.5823 60 days ago. Still, Broadcom has now beaten EPS estimates for nine straight...
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Broadcom has taped out Tomahawk 7, which it calls the industry's first 200-terabit-per-second Ethernet switch.
