I recently increased my position in AVGO after reviewing the latest analyst updates and earnings results. RBC Capital Markets raised their price target from $340 to $360, highlighting a solid Q2 outlook and an even more bullish FY27 perspective. The firm emphasized Broadcom’s consistent execution and strong management visibility. Coupled with CEO Hock Tan’s report of record Q1 2026 revenue at $19.3 billion—a 29% year-over-year jump driven by AI semiconductor growth—and an adjusted EBITDA of $13.1 billion, the fundamentals suggest continued strength, making AVGO a compelling investment opportunity for growth-oriented portfolios.
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- chimey·03-12 22:50Smart move! AVGO's growth is unstoppable, cheers to gains. [看涨]LikeReport