Based on the provided data and technical analysis, here is the prediction for AVGO's stock price next week:
Technical Analysis
News Sentiment & Fundamental Drivers
Price Target Analysis Based on the technical indicators and fundamental catalysts:
Expected price range for next week:
Trading Recommendation BUY with the following strategy:
Rationale:
The stock is likely to maintain its upward momentum driven by continued AI demand and successful VMware integration, though some consolidation may occur given the recent strong gains.
Note: This analysis is based on current market conditions and should not be considered as financial advice. Market conditions can change rapidly and past performance does not guarantee future results.
The price of AVGO is predicted to go up 11.65%, based on the high correlation periods with BURL. The similarity of these two price pattern on the periods is 95.43%.
AVGO
BURL
Year
AVGO Price Forecast($)
Potential Return(%)
2025
265.000
13.950
2026
300.000
29.000
2027
300.000
29.000
2028
300.000
29.000
2029
300.000
26.900
2030
1,200.000
407.590
Broadcom is a poster child for operating efficiency. It earns excellent operating margins and generates enormous cash flow. It is particularly strong at acquiring companies and trimming excess expenses.
Broadcom's networking and wireless chip businesses boast best-of-breed technologies in our view, along with marquee customer relationships with Apple, Google, Cisco, Arista Networks, and others.
We believe Broadcom will be a significant beneficiary of rising artificial intelligence spending, which we expect to spur significant growth for its networking semiconductor sales.
Mizuho
Price Target
$245 → $260
Upside
+16.11%
Morgan Stanley
Price Target
$233 → $265
Upside
+17.57%
JP Morgan
Price Target
$210 → $250
Upside
+9.39%