By Rexielyn Diaz
Publication Date: 2026-03-24 12:20:00
Key Stats for AVGO Stock
- Past week’s performance: 2.3%
- 52-week range: $138 to $415
- Valuation model target price: $376
- Implied upside: 16.7% over 2.6 years
Value your favorite stocks like AVGO with 5 years of analysts’ forecasts using TIKR’s new Valuation Model (It’s free) >>>
What Happened?
Broadcom (AVGO) stock has been choppy in March, but shares still rose about 2.3% over the past week and closed at $322 on March 23. The market is weighing two opposing forces right now. On one side, Broadcom keeps posting strong AI-driven growth, but on the other, investors are watching supply limits and VMware-related regulatory risk.
The biggest positive catalyst was Broadcom’s fiscal Q1 2026 report on March 4. The company reported $19.3 billion in revenue, up 29% year over year, and adjusted EPS of $2.05, which was above the $2.03 analyst estimate cited by Reuters. Management also guided for about $22.0 billion in Q2 revenue and said Q2 AI semiconductor…
