AVGO: Goldman Sachs Initiates Coverage with 'Buy' Rating | AVGO Stock News

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Jul 10, 2025
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On July 10, 2025, Goldman Sachs analyst James Schneider initiated coverage on Broadcom (AVGO, Financial) with a 'Buy' rating. The firm announced a price target of $315.00 USD for the stock.

This new coverage marks a positive outlook for AVGO as Goldman Sachs, a notable financial services company, evaluates Broadcom's market potential. The 'Buy' rating suggests confidence in the stock's performance and growth prospects.

Currently, no prior price targets or ratings were associated with AVGO by Goldman Sachs, making this the first coverage of its kind by the analyst. Investors may find this information useful when considering investment decisions related to Broadcom (AVGO, Financial).

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 34 analysts, the average target price for Broadcom Inc (AVGO, Financial) is $286.29 with a high estimate of $400.00 and a low estimate of $202.00. The average target implies an upside of 3.02% from the current price of $277.90. 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 32.36% from the current price of $277.9. 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.