In a recent development, Oppenheimer analyst Rick Schafer has maintained an "Outperform" rating on Broadcom (AVGO, Financial) while raising the stock's price target. The new price target has been set at $265.00, up from the previous target of $225.00. This adjustment reflects a 17.78% increase, signaling a positive outlook for the company's performance.
Broadcom (AVGO, Financial) continues to be a focal point for investors, especially with this endorsement from a reputable analyst. The unchanged "Outperform" rating suggests ongoing confidence in the company's growth trajectory in the semiconductor industry.
As of May 30, 2025, these updates contribute to Broadcom's (AVGO, Financial) standing in the market, positioning it favorably among its peers. Investors will watch closely to see how the stock performs in alignment with the new price expectations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 36 analysts, the average target price for Broadcom Inc (AVGO, Financial) is $240.20 with a high estimate of $301.15 and a low estimate of $171.60. The average target implies an upside of 0.76% from the current price of $238.40. More detailed estimate data can be found on the Broadcom Inc (AVGO) Forecast page.
Based on the consensus recommendation from 42 brokerage firms, Broadcom Inc's (AVGO, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Broadcom Inc (AVGO, Financial) in one year is $148.29, suggesting a downside of 37.8% from the current price of $238.4. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Broadcom Inc (AVGO) Summary page.
