WallStSmart
AVGO

Broadcom Inc

NASDAQ: AVGO · TECHNOLOGY · SEMICONDUCTORS

$417.43
+2.95% today

Updated 2026-04-29

Market cap
$1.92T
P/E ratio
79.19
P/S ratio
28.11x
EPS (TTM)
$5.12
Dividend yield
0.62%
52W range
$194 – $429
Volume
25.1M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Broadcom Inc (AVGO) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$417.43
Consensus
$443.14
+6.16%
2030 Target
$639.41
+53.18%
DCF
—
—
30 analysts:
14 Buy3 Hold0 Sell

Management guidance

No specific CEO revenue targets for 2026-2030 period found in provided documents. Latest guidance shows FY2026 revenue of $107.03B (67.53% YoY growth) and FY2027 revenue of $164.55B (53.74% growth). Management guidance appears embedded in analyst consensus rather than standalone CEO statements.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,039.04
$376.9B Rev × 12.8x P/S
Base case (2030)
$639.41
$376.9B Rev × 8x P/S
Bear case (2030)
$399.63
$376.9B Rev × 4.8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$35.8B$51.6B$63.9B$107.0B$164.6B$238.0B$318.0B$376.9B
Revenue growth—44.0%23.9%67.5%53.7%44.6%33.6%20.0%
EPS$4.23$4.86$6.82$11.50$17.98$25.50$33.80$41.00
P/S ratio———8.0x8.0x8.0x8.0x8.0x
Implied price———$162.18$283.82$405.45$527.09$639.41

Catalysts & risks

Growth catalysts
+ AI infrastructure buildout: Google $40B investment in Anthropic, Meta custom chips deals, Microsoft AI spending acceleration
+ Custom AI networking and semiconductor orders from hyperscalers (Google, Meta, Microsoft, Amazon)
+ Data center capex cycle strength: Total hyperscaler capex projected $200B+ annually through 2028
+ Broadcom's 6-month custom chip backlog visibility and long-term customer agreements (LTAs)
+ Semiconductor industry growth driven by AI compute, networking, and advanced packaging demand
Key risks
- OpenAI revenue miss reported April 2026 raises concerns about AI spending sustainability and hyperscaler capex moderation
- Valuation at 82.6x P/E and 28.11x P/S is extremely elevated; vulnerability to sentiment shifts or growth deceleration
- Customer concentration with Meta, Google, Microsoft creates execution and demand cycle risk
- Supply chain constraints easing could reduce pricing power and margin expansion
- Macro recession or AI capex cycle slowdown would significantly impact revenue trajectory

Methodology

Broadcom Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 30 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 30, 2026.