After buying $2K worth of Broadcom last week, I decided it w | KuCoin

After buying $2K worth of Broadcom last week, I decided it would be fair to present my complete thesis and not just a few short fragments of it. So here it is:

We all know a consensus management-led bull case stands in the expected $30 of EPS figure for FY 2028, which lands $AVGO just above $600 per share from here if we do the maths with a simple, index average 20x multiple. That’s a double within 20-ish months FYI.

Now, can Broadcom really generate $30 dollars of EPS by then
– What specific numbers and financial assumptions make that possible?
– At $30 of EPS, is a 20x TTM multiple reasonable or not?

On their Q3’26 Earnings Call, management called for a total of $115B in 2027, and $230B in AI Semiconductor Revenue by FY2028 end.
That is indeed two doubles in two fiscal years in a row! So let’s dig deeper and make a PROPER THESIS;

What we have now (point of relevance) – Q3’26
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NOTE: We will use most of those metrics as they are, implying ZERO GROWTH to make it a flat, simple…