In the latest update on Broadcom (AVGO, Financial), Citigroup analyst Christopher Danely has maintained a "Buy" rating on the stock, while raising the price target from $285.00 to $315.00 USD. The revised target represents a 10.53% increase from the prior target.
This adjustment indicates Citigroup's positive outlook on Broadcom's (AVGO, Financial) performance and potential growth in the near future. Investors may find this change significant as it reflects confidence in the company's strategic direction and market position.
The updated price target and maintained rating were reported on July 7, 2025. Stay tuned for further updates on Broadcom (AVGO, Financial) as market conditions evolve.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 34 analysts, the average target price for Broadcom Inc (AVGO, Financial) is $284.96 with a high estimate of $400.00 and a low estimate of $202.00. The average target implies an upside of 4.05% from the current price of $273.88. 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 $187.96, suggesting a downside of 31.37% from the current price of $273.88. 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.
