Broadcom Stock Is Pulling Back. Here’s What Analysts Expect Next.

Broadcom (AVGO) shares have retreated sharply in recent months, sliding more than 23% from their 52-week high. The pullback comes despite strong, AI-driven demand and strength in the infrastructure software offerings.

Ongoing geopolitical uncertainty has made investors cautious, while questions around margins have added to the pressure. Together, these factors have weighed on sentiment, even as Broadcom’s end markets remain resilient.

Wall Street, however, remains optimistic on the stock. Analysts expect the company to continue capitalizing on AI-related demand. Further, they see meaningful upside potential for Broadcom stock over the next 12 months.

Solid Demand to Support Recovery in Broadcom’s Stock

Broadcom’s growth outlook remains…