Broadcom Stock Price Prediction: Where Will AVGO Be in 3 Years?

Broadcom (NASDAQ:AVGO) has been 1 of the defining semiconductor stories of the AI era. Trading astatine $322.51, the banal sits 14% beneath its 52-week precocious of $412.95 contempt a concern accelerating successful astir each dimension. Our Price Target for Broadcom is $352.37, implying 9.26% upside implicit the adjacent 12 months. The 24/7 Wall St. exemplary assurance level is 90%.

Broadcom has climbed 69.63% implicit the past year, though the banal is down 6.63% year-to-date and disconnected 2.85% implicit the past month. The pullback comes contempt a blowout Q1 FY2026 net report.

Revenue came successful astatine $19.31 billion, up 29.47% year-over-year, beating statement of $19.14 billion. Non-GAAP diluted EPS of $2.05 cleared estimates of $2.02. AI semiconductor gross deed $8.4 billion, up 106% year-over-year, exceeding the company's ain forecast. Adjusted EBITDA margins held astatine a grounds 68%, portion escaped currency travel reached $8.01 billion, up 33.21% year-over-year. Overall, the numbers are impressive.

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The bull lawsuit centers connected AI gross acceleration that has consistently outrun expectations. CEO Hock Tan has acceptable a nationalist extremity of exceeding $100 cardinal successful AI income by 2027.

With Q2 FY2026 guidance calling for AI semiconductor gross of $10.7 cardinal and full gross of astir $22 billion, up 47% year-over-year, the trajectory supports that ambition. The institution has secured 5 XPU customers including Google, Anthropic, and Apple, and carries a $73 cardinal AI backlog expected to beryllium delivered implicit the adjacent 18 months, with absorption noting the backlog is expected to grow.