Market Performance: U.S. markets closed mixed, with the Dow Jones up 1.3%, the S&P 500 slightly up 0.2%, and the Nasdaq down 0.26%.
Broadcom's Earnings: Broadcom reported strong fourth-quarter results with $18.02 billion in revenue and a 74% increase in AI semiconductor revenue, but its stock fell 1.6% during the day and 4.5% in after-hours trading.
Lululemon's Growth: Lululemon's shares rose 10.5% in after-hours trading after beating earnings expectations, announcing a CEO transition, and increasing its stock buyback program.
Tilray's Product Launch: Tilray's stock surged 31.2% in after-hours trading following the launch of a new vape line in Canada, featuring innovative formulations aimed at enhancing user experience.
AVGO
$339.2+Infinity%1D
Analyst Views on AVGO
Wall Street analysts forecast AVGO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AVGO is 398.73 USD with a low forecast of 300.00 USD and a high forecast of 480.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
30 Analyst Rating
Wall Street analysts forecast AVGO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AVGO is 398.73 USD with a low forecast of 300.00 USD and a high forecast of 480.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
28 Buy
2 Hold
0 Sell
Strong Buy
Current: 339.810
Low
300.00
Averages
398.73
High
480.00
Current: 339.810
Low
300.00
Averages
398.73
High
480.00
UBS
Timothy Arcuri
Buy
maintain
$472 -> $475
2025-12-15
New
Reason
UBS
Timothy Arcuri
Price Target
$472 -> $475
2025-12-15
New
maintain
Buy
Reason
UBS analyst Timothy Arcuri raised the firm's price target on Broadcom to $475 from $472 and keeps a Buy rating on the shares. Despite the sharp pullback on Friday highlighting how consensus-long the stock has become, recent management discussions suggest the market reaction was an overreaction, the analyst tells investors in a research note. Commentary on AI semiconductor revenue supports higher expectations for FY26, prompting upward estimate revisions, UBS says.
Piper Sandler
Harsh Kumar
Overweight
maintain
$375 -> $430
2025-12-12
New
Reason
Piper Sandler
Harsh Kumar
Price Target
$375 -> $430
2025-12-12
New
maintain
Overweight
Reason
Piper Sandler analyst Harsh Kumar raised the firm's price target on Broadcom to $430 from $375 and keeps an Overweight rating on the shares. The firm says the company continues to be "on a roll," delivering blockbuster results and guide. In addition to beating expectations, Broadcom is seeing sizable growth in its AI business, primarily driven by XPUs but also by networking. The company expects its AI business to deliver $8.2B in the January 2026 quarter, up roughly 100% year-over-year. Piper remains a buyer of Broadcom, especially on any weakness, and believes that gross margin dollars is the right approach for the XPU business.
Mizuho
Vijay Rakesh
Outperform
maintain
$435 -> $450
2025-12-12
New
Reason
Mizuho
Vijay Rakesh
Price Target
$435 -> $450
2025-12-12
New
maintain
Outperform
Reason
Mizuho analyst Vijay Rakesh raised the firm's price target on Broadcom to $450 from $435 and keeps an Outperform rating on the shares.
Citi
Buy
maintain
$415 -> $480
2025-12-12
New
Reason
Citi
Price Target
$415 -> $480
2025-12-12
New
maintain
Buy
Reason
Citi raised the firm's price target on Broadcom to $480 from $415 and keeps a Buy rating on the shares. The company reported upside to estimates on continued artificial intelligence strength, the analyst tells investors in a research note. Citi says Anthropic was announced as Broadcom's fourth artificial intelligence customer. The firm expects more AI customers and upside in the future.
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.
