By Talha Qureshi
Publication Date: 2026-04-28 17:50:00
Wall Street has a bullish sentiment on Broadcom Inc. (NASDAQ:AVGO) as 94% of the 54 analysts covering the stock have a Buy rating. The 12-month average price target of analysts suggests more than 13% upside from the current level. Moreover, the Street expects the company to grow its EPS by more than 48% over the next 5 years. As a result, Broadcom ranks among the Best Stocks to Buy and Hold For the Next 5 Years.
Recently, on April 17, Mizuho reiterated an Outperform rating on the stock with a price target of $480. The rating comes after the firm had a call with Broadcom’s CEO, CFO, and Head of Investor Relations. The discussions with the higher management of the company revealed strong growth drivers across custom chips, AI networking, and software, positioning AVGO for sustained AI revenue expansion.
The firm noted that the company is expanding the ASIC pipeline, including TPUs for Google, Anthropic’s 3.5-gigawatt deal starting in 2027, MTIA, and…
