On June 9, 2025, Barclays analyst Tom O'Malley announced an updated price target for Broadcom (AVGO, Financial), enhancing it from a previous target of $215.00 to a new level of $265.00. This adjustment reflects a significant 23.26% increase in the projected valuation, demonstrating continued confidence in Broadcom's market performance.
The updated price target comes alongside Barclays maintaining its "Overweight" rating on AVGO. This indicates Barclays' positive outlook on Broadcom, suggesting that the stock is expected to outperform its peers in the market.
Broadcom (AVGO, Financial), an industry leader listed on NASDAQ, continues to show strong potential in its sector, as evidenced by the recent analyst ratings and adjustments in price targets.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 35 analysts, the average target price for Broadcom Inc (AVGO, Financial) is $267.41 with a high estimate of $340.00 and a low estimate of $171.60. The average target implies an upside of 9.42% from the current price of $244.39. 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 $171.30, suggesting a downside of 29.91% from the current price of $244.39. 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.
