By Ghazal Ahmed
Publication Date: 2026-02-22 16:52:00
Broadcom Inc. (NASDAQ:AVGO) is one the Top 10 AI Stocks in Focus on Wall Street. Despite optimism around the company’s AI exposure, recent analyst commentary on Broadcom reflects a divergence in views. Goldman Sachs, for instance, has reiterated Broadcom as “Buy” in recent coverage, stating that it’s bullish ahead of Broadcom earnings.
Expect a solid quarter, with continued AI momentum.
Broadcom Inc. will announce its first quarter fiscal year 2026 results on Wednesday, March 4, 2026.
Meanwhile, Robert W. Baird has also reiterated its positive view, maintaining a Buy rating on the stock with a $420.00 price target. The firm is bullish on AVGO, particularly due to its AI momentum and earnings potential.
According to Baird, accelerating demand for Broadcom’s v7 custom ASICs powering Google’s TPU infrastructure, is leading to a sharp increase in expected AI-related revenue. In contrast, on February 12, DA Davidson initiated coverage of four major…