Wall Street Just Put a Monster Target on Broadcom. Is the Stock Still Too Cheap?

Wall Street’s verdict on Broadcom (NASDAQ:AVGO | AVGO Price Prediction) is unambiguously bullish, with the analyst consensus price target now sitting above the stock’s own 52-week high after a brutal post-earnings selloff. The smart money signal is clear: sell-side desks have leaned harder into the name precisely as retail capitulated, and institutional positioning hasn’t blinked.

Broadcom stock currently trades near $376, after a sharp post-earnings drawdown from $495 at the time of its Q2 FY2026 earnings filing. The pullback came despite a record quarter and a guidance bar that implies 84% year-over-year revenue growth for Q3 FY2026.

That dislocation is the headline story. Analysts haven’t followed retail out the door, and the consensus number now looks like a monster target rather than a modest one.

The Analyst Signal Is Loud

The Wall Street consensus price target on Broadcom stock stands at $522.06, a level that sits above…