AVGO Stock Attracts Interest Following Google Chips Agreement — Retail Analysts Claim Broadcom is Becoming a Key Player in AI Hyperscale Development
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2026
0mins
Should l Buy AVGO?
Source: stocktwits
Broadcom's Market Position: Wall Street analysts are optimistic about Broadcom's long-term prospects, particularly in the AI sector, with a 12-month price target of $471.55, indicating a potential upside of about 43% from current trading prices.
Partnerships and Growth: Broadcom has extended its partnership with Alphabet Inc. (Google) to supply custom chips, which has bolstered market confidence in the company's ability to capitalize on AI infrastructure deals.
Retail Sentiment Shift: Retail sentiment around Broadcom's stock has shifted from bearish to bullish, with significant increases in chatter and positive user feedback regarding the company's recent deals, suggesting a strong market turnaround.
Future Revenue Expectations: Analysts predict that Broadcom's AI chip revenue could exceed $100 billion by 2027, reinforcing the company's critical role in the AI hyperscale infrastructure market and contributing to a significant rise in its stock value over the past year.
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Analyst Views on AVGO
Wall Street analysts forecast AVGO stock price to rise
30 Analyst Rating
29 Buy
1 Hold
0 Sell
Strong Buy
Current: 398.470
Low
370.00
Averages
457.75
High
525.00
Current: 398.470
Low
370.00
Averages
457.75
High
525.00
About AVGO
Broadcom Inc. is a global technology firm that designs, develops, and supplies a range of semiconductors, enterprise software and security solutions. The Company operates through two segments: semiconductor solutions and infrastructure software. Its semiconductor solutions segment includes all of its product lines and intellectual property (IP) licensing. It provides a variety of radio frequency semiconductor devices, wireless connectivity solutions, custom touch controllers, and inductive charging solutions for mobile applications. Its infrastructure software segment includes its private and hybrid cloud, application development and delivery, software-defined edge, application networking and security, mainframe, distributed and cybersecurity solutions, and its FC SAN business. It provides a portfolio of software solutions that enable customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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