By Investing.com
Publication Date: 2025-11-27 23:38:00
Broadcom (NASDAQ:) has seen its stock price rise over 66% this year, pushing its market capitalization close to $2 trillion. Despite this impressive growth, new pressures have emerged. Goldman Sachs analyst James Schneider recently raised the target price for Broadcom from $380 to $435, maintaining a “buy” rating. He considers Broadcom a key player in the artificial intelligence (AI) sector.
Schneider noted that market expectations for Broadcom’s fourth-quarter performance remain high. Investors are anticipating results that exceed expectations, along with strong guidance and a robust outlook for fiscal year 2026. Specifically, AI-related sales are expected to surpass $11 billion.
Despite Broadcom’s advantageous position in the AI hardware race, Schneider highlighted potential challenges. Rapid stock growth can lead to market disappointment even with strong performance. He also pointed out investor interest in Broadcom’s 2026 AI revenue guidance, contributions from…
