Skip to main content
TradingNews

Market news

Broadcom Targets $600 as Massive AI Guidance Triggers Major Analyst Upgrades

TheStreet Read original source (opens in a new tab)
The Story

News Summary

  • Broadcom delivered strong quarterly earnings and issued massive AI revenue guidance of $230 billion for fiscal 2028.
  • Following the report, Cantor Fitzgerald boosted its price target to $600, implying 68% upside, driven by surging custom AI ASIC demand from hyperscalers.
Explore AVGO price history & advisor snapshot

These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.

Stored market data

AVGO price history

361.99 -3.69% over the displayed period

Advisor Snapshot

Unlock Member-Only Insights

Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.

Open AVGO advisor →
Browse September 2026 news → ← Back to market news

Market analysis for educational use. Trading involves risk. AI sentiment is not financial advice.

Methodology · Risk disclosure