Prediction: Broadcom Stock Could Be Much Higher by 2027
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Broadcom designs chips for Google, Meta, and OpenAI, beats earnings quarter after quarter, and still trades at a discount to the broader market. Here is the specific scenario where all of that adds up to a stock that more than… Price Targets desk. Editor: Vandita Jadeja. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Broadcom ( NASDAQ:AVGO | AVGO Price Prediction ) 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 quarters. In the most recent quarter it earned $3.32 against a...
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