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Broadcom stock may rebound with a 24% upside as AI revenue soars despite recent price drops.

Analyst Insights
05 Nov 2026, 15:03 WIB
24/7 Wall Street
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Bullish
Broadcom stock may rebound with a 24% upside as AI revenue soars despite recent price drops.

Broadcom's stock price has fallen 5.48% recently and is trading 33.9% below its 52-week high, even as the company reports record AI semiconductor revenue growth of 221% and strong fiscal Q3 results. Management forecasts AI revenue to reach $115 billion in fiscal 2027 and $230 billion in 2028, with earnings per share expected to exceed $30 by 2028. Analysts have a consensus price target of around $530, while 24/7 Wall St. sets a more conservative target of $405.37, implying a 24.32% upside from current levels. Risks include margin dilution and customer concentration, but Broadcom's valuation remains attractive compared to peers NVIDIA and AMD, making it a compelling buy opportunity if AI growth continues.

Broadcom's market cap stands at $1.55 trillion as of Nov 05, 2026, 20:01 WIB, with a dividend yield of 0.8%. The stock price on Pluang is USD 316.73, down 2.69% in the last day, reflecting some investor caution despite the company's strong AI revenue growth. Trading volume reached 23,713,562 shares, and Pluang users show a slight buying preference with 56% buy orders. This data highlights active engagement around Broadcom amid its evolving AI business prospects.

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