By Vandita Jadeja
Publication Date: 2026-09-16 15:00:00
Broadcom just posted AI revenue growth of 221% year over year and guided for even bigger numbers ahead, yet the stock sits well off its highs and trades at a fraction of its closest custom-chip rival’s multiple. Something in that…
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Broadcom (NASDAQ:AVGO | AVGO Price Prediction) has become the second most valuable custom AI chip franchise on the planet, yet the stock is down over the past month and trading well below its 52-week high. Our proprietary model says that disconnect is an opportunity.
Our 24/7 Wall St. price target for Broadcom is $423.95, implying 22.31% upside from the current $344.05 quote. The recommendation is a buy with high confidence at 90%.
24/7 Wall St. Price Target Summary
| Metric | Value |
|---|---|
| Current Price | $344.05 |
| 24/7 Wall St. Price… |
