Wall Street Sees 29% Upside for Broadcom After Recent Selloff

If you’re closely watching shares of Broadcom (NASDAQ:AVGO) it was hard to escape watching as the stock fell over 2% over the past week, trading at $325.17, down 6.05% year-to-date. On the other hand, Reddit activity surged mid-February, with mentions peaking at 96 comments on February 16.

AVGO’s Massive Decline…a buying opportunity?
by InvestorDiscussions in wallstreetbets

Broadcom tumbles 11% despite blockbuster earnings
by MarketWatcher in stocks

This r/wallstreetbets post discussed whether the selloff represented a potential entry point given the AI backlog and guidance. Meanwhile, another r/stocks discussion noted: “Despite beating on revenue and earnings, the stock dropped 11% on concerns about valuation and guidance interpretation.” Retail investors are focused on Broadcom’s $73 billion AI backlog and projected 54.5% EPS growth for fiscal 2026.

The AI Backlog: Wall Street’s Safety Net

In a boost to the…