Analysts Bullish on Broadcom (AVGO) Amid Strong AI Chip Outlook

Analysts Bullish on Broadcom (AVGO) Amid Strong AI Chip Outlook

By Faheem Tahir
Publication Date: 2026-01-18 11:16:00

Broadcom Inc. (NASDAQ:AVGO) is one of the best stocks to buy right now.

Analysts Bullish on Broadcom (AVGO) Amid Strong AI Chip Outlook

On January 11, 2026, Mizuho revisited semiconductor stocks and shared its revised 2026 outlook. The firm expects continued demand for the sector, driven by artificial intelligence. It projects AI-related chips and equipment to continue to support the sector. However, it sees smaller gains in 2026 compared to the previous year. In this context, it named Broadcom Inc. (NASDAQ:AVGO) as one of the three best picks, alongside Nvidia and Lumentum.

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This bullish sentiment was echoed by Bernstein SocGen on January 9, 2026, when its analyst Stacy Rasgon reiterated an ‘Outperform’ rating with a $475.00 price target. The update followed the analyst’s meeting with Broadcom Inc. (NASDAQ:AVGO) management. Following the meeting, the analyst shared an update, dismissing concerns surrounding rising AI…