By Talha Qureshi
Publication Date: 2026-04-22 11:34:00
Broadcom Inc. (NASDAQ:AVGO) is among the Stocks That Will Double in the Next 5 Years.
On April 15, Benchmark reiterated a Buy rating on Broadcom Inc. (NASDAQ:AVGO) with a price target of $485. The firm noted that the recent AI partnership with Meta suggests that the company can exceed its target of generating more than $100 billion in AI semiconductor revenue in fiscal 2027. The firm noted that this target is a big jump for Broadcom, as it generated around $20 billion in AI revenue in 2025.
The partnership between Meta and Broadcom is aimed at extending AI engagement till 2029 to deploy more than 1 gigawatt of custom AI accelerator capacity. Moreover, this is framed as a multi‑generation, multi‑year partnership, not just a one‑off order, which gives the company both longer‑dated visibility and revenue duration for its custom XPU program.
Overall, the Street is bullish on Broadcom Inc. (NASDAQ:AVGO) as 94% of the 54 analysts covering the stock…
