By Trefis Team
Publication Date: 2026-05-15 10:02:00
Broadcom (AVGO) stock currently trades at $440, positioning it as a pivotal force in the global shift toward AI-driven infrastructure. At a 38.5x forward P/E based on 2026 earnings, the valuation appears rich compared to the average figure of 34.8x over recent quarters. However, shifting the lens to a three-year horizon through 2028 reveals a massive earnings power that the market is currently attempting to price in today.
Image by foto qin from Pixabay
The 2026-2028 Trajectory
The updated outlook for Broadcom suggests a company operating at a scale rarely seen in the semiconductor industry. For 2026, revenue is forecast to reach $104.24 billion with an adjusted EPS of $11.41. The momentum accelerates into 2027, with revenue expected to surge to $158.61 billion and EPS to $18.14. By 2028, the forecast suggests a revenue base of $205.19 billion and an EPS of $22.94.
This 2028 revenue target represents a near-doubling of the 2026 base in just twenty-four months. Such a massive…
