AVGO vs. SMCI: Analysts See Upside in One AI Stock, but 24% Downside in the Other

Broadcom (AVGO) and Super Micro Computer (SMCI) have both been major beneficiaries of the AI boom, though they play very different roles in the market. Broadcom has benefited from rising demand for AI chips and networking products used in large data centers, while Super Micro has seen strong demand for its AI servers. However, according to the TipRanks comparison tool, Wall Street is currently far more bullish on Broadcom ahead of its June 3 earnings report. The average analyst price target implies about 7% upside for AVGO, while analysts see roughly 24% downside for SMCI from current levels.

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AVGO: Analysts Remain Upbeat Ahead of Q2 Earnings

AVGO has jumped more than 29% year-to-date, driven by solid demand for the company’s custom AI chips and networking products. Wall Street analysts project revenues around $22.12 billion, implying 47% year-over-year growth. Meanwhile, analysts expect Broadcom to report earnings per share of…