By Alex Sirois
Publication Date: 2026-11-09 15:45:00
Broadcom posted record results while its stock slid, and the culprit is not revenue. Margin pressure and a $63 billion financing structure have spooked investors, yet one analyst still sees a path far above the crowd.
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Shares of Broadcom (NASDAQ:AVGO | AVGO Price Prediction) currently trade at $293.69. The consensus target is $533.42, which puts the implied upside at 81.6%.
Broadcom designs custom AI accelerators, called XPUs, and the Ethernet switches that connect AI clusters. It also runs an infrastructure software business built around VMware. Last quarter its AI semiconductor revenue grew 221% to $16.7 billion. Management expects AI revenue of $115 billion in fiscal 2027.
That forecast drives the gap between the share…
