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Broadcom's AI revenue soars but stock lags; model sees 19% upside with strong buy rating.

Company Fundamentals
21 Sep 2026
24/7 Wall Street
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Bullish
Broadcom's AI revenue soars but stock lags; model sees 19% upside with strong buy rating.

Broadcom reported its ninth consecutive earnings beat with AI semiconductor revenue up 221% year-over-year, reaching $16.7 billion in Q3 2026. Despite this growth, its stock price has remained mostly flat in 2026, trading around $357.61. The company projects AI sales to exceed $100 billion by 2027, supported by major partnerships with Meta, OpenAI, and others. Analysts see a 19.15% upside with a $426.10 price target, citing strong demand and bookings through 2028, though risks include customer concentration and potential capex cuts from key hyperscalers.

As of Sep 21, 2026 22:41 WIB, Broadcom Inc (AVGO) trades at USD 358.50 on Pluang, showing a modest 0.43% increase in the last day. The stock maintains a substantial market cap of $1.71 trillion, reflecting its significant presence in the technology sector. Despite the strong AI revenue growth highlighted in the news, the share price remains close to its current level, underscoring a cautious market stance. The dividend yield stands at 0.73%, indicating some income return for shareholders.

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Broadcom stock offers 49% upside with strong growth and attractive valuation through 2028

Broadcom stock offers 49% upside with strong growth and attractive valuation through 2028

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