By Vandita Jadeja
Publication Date: 2026-10-05 16:30:00
Broadcom turned a $13 investment into $348 over ten years, and its AI chip ambitions now target revenue that would dwarf most tech companies. But a 29% pullback from its highs and mounting supply constraints raise a real question about…
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The 24/7 Wall St. price target for Broadcom (NASDAQ:AVGO | AVGO Price Prediction) is $423.79. From a reference price of $351.19, that means 20.67% upside over 12 months. Our model rates the stock a buy, and its confidence is high.
| Metric | Value |
|---|---|
| Current Price | $351.19 |
| 24/7 Wall St. Price Target | $423.79 |
| Upside/Downside | 20.67% |
| Recommendation | BUY |
| Confidence Level | 90% |
Ten years ago Broadcom traded at a split-adjusted $13.42. Today it trades at $348.17, a 2,493.52% gain, or about 26x. Custom AI chips are now doing most of the work. Management expects AI semiconductor revenue to reach about $115…
