By Faheem Tahir
Publication Date: 2026-02-11 19:26:00
Broadcom Inc. (NASDAQ:AVGO) is included in the list of the best performing S&P 500 stocks in the last five years.
On February 4, 2026, Broadcom Inc. (NASDAQ:AVGO) received attention from UBS, which retained its ‘Buy’ rating but reduced the price target from $330 to $310. The firm’s bullish stance reflects strong server demand, while its target revision stems from limited near-term EPS upside due to a reduction of $1 billion in its gaming business. UBS also outlined its 2027 and 2028 estimates, projecting EPS of over $11 and $15, respectively. The firm’s estimates come amid positive CPU and GPU fundamentals.
A day earlier, Broadcom Inc. (NASDAQ:AVGO) announced the launch of the industry’s first Wi-Fi 8 access point and switch solution, designed to serve AI-ready enterprise networks. Featuring the BCM49438 APU for edge AI acceleration and the Trident X3+…
