Broadcom (AVGO) Eyes Major AI Growth in 2026; Analysts Raise PT Before Earnings

Broadcom Inc. (NASDAQ:AVGO) is one of the AI Stocks Making Headlines on Wall Street. On November 25, Goldman Sachs reiterated the stock as “Buy” and raised its price target on the stock to $435 per share from $380.

With Broadcom set to post earnings Dec. 1, analyst James Schneider anticipates investor focus to be on FY26 AI revenue guidance, contributions from Google and OpenAI, and gross margins as custom XPU shipments scale.

“We believe expectations are elevated and investors are positioned positively heading into the quarter, given strong peer results (Nvidia), and positive datapoints from Google with its Gemini 3 release.”

Expectations for the quarter are quite high, with updated guidance likely to exceed the previous forecast of 100% yoy AI revenue growth.

“We expect sustained AI strength in 4Q, with 1Q guidance above the Street given robust spending at key customers — and we expect updated FY26 AI revenue guidance above 100% YoY”

Schneider…