By Faheem Tahir
Publication Date: 2026-04-08 14:23:00
Broadcom Inc. (NASDAQ:AVGO) is included in our list of the 7 most oversold data center stocks to invest in.
A rendering of Applied Digital’s Polaris Forge 2 data center. Photo from Applied Digital’s website
More than 90% of covering analysts remain bullish on Broadcom Inc. (NASDAQ:AVGO) as of April 1, 2026, while the consensus price target of $472.50 implies over 50% upside.
That analyst confidence remains strong as Broadcom Inc. (NASDAQ:AVGO) continues to expand its software and cybersecurity footprint.
On March 24, 2026, Broadcom Inc. (NASDAQ:AVGO) signed a $970 million, five-year contract with the Defense Information Systems Agency and Carahsoft Technology Corp. The agreement comes as the DISA aims to simplify and consolidate software procurement across multiple agencies, which include DISA, the U.S. Air Force, the U.S. Space Force, and Combatant Commands.
Broadcom Inc….
