As Shares Fall, Analyst Are Boosting their Broadcom Price Targets

▤ Summary

Broadcom shares fell after earnings even though the company beat sales and EPS expectations and delivered better-than-expected overall guidance. Wall Street analysts responded by raising price targets in most cases, which signals continued confidence in the company’s outlook. The article focuses on Broadcom’s AI semiconductor revenue guidance and how it compared with market expectations. It also highlights that one analyst pushed a notably higher target despite asking the question that helped drive the sell-off. The piece is centered on stock sentiment and analyst reactions rather than a new company event.

▦ Linked Companies

Broadcom Inc.

$50M to $100M