By Vandita Jadeja
Publication Date: 2026-09-15 16:00:00
Broadcom’s AI revenue just exploded 221% year-over-year while its stock sits 17% below recent highs, and CEO Hock Tan says the company is barely getting started. The path to $550 per share is narrower than Wall Street thinks, but the…
Broadcom (NASDAQ:AVGO | AVGO Price Prediction) is already a $1.65 trillion semiconductor giant, yet CEO Hock Tan just told investors “Q3 demand was simply hot and we’re just getting started.” Q3 AI semiconductor revenue hit $16.7 billion, up 221% year-over-year.
Yet shares are essentially flat YTD and down 17.08% in the past month. My question: can AVGO reach $550 in 2027 and push the market cap into $2.6 trillion territory, cementing its seat in the next trillion-dollar club?
Why AVGO Is Stuck Despite Blockbuster AI Numbers
Recent price action does not match the earnings. Broadcom is off 3.61% over the past week, down 17.08% in the past month, and up just 0.05% YTD. A beta of 1.457 explains the amplitude.
Two specific concerns explain the…
