Is Broadcom Stock a Buy for 2026? Analysts Predict over 30% Upside

Broadcom (AVGO) stock surged about 50% in 2025, and Wall Street is growing even more bullish heading into 2026. Broadcom benefits from strong demand for AI, data center, and networking chips, along with a highly profitable software business that provides steady cash flow. Its diversified revenue streams, pricing power, and disciplined capital allocation support consistent earnings growth, making the stock well-positioned for further upside in 2026. Overall, analysts predict the stock could climb another 32% in 2026.Claim 70% Off TipRanks This Holiday SeasonUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential JP Morgan's Top Chip Pick for 2026 J.P. Morgan has named Broadcom its top pick in the semiconductor sector, projecting $55 billion to $60 billion in AI-related revenue for fiscal 2026. Five-star-rated analyst Harlan Sur maintains a Buy rating on the stock with a $475 price target, implying roughly 37% upside from current levels. According to Sur, data-center capital spending could jump another 50% in 2026 after rising an estimated 65% in 2025. He said this surge in investment should benefit hardware companies across the semiconductor supply chain, including memory chip and networking equipment makers. Cantor Fitzgerald has a Street-High of $525 on AVGO Top-rated analyst C J Muse at Cantor Fitzgerald has the Street-high price target of $525 on AVGO, implying an upside of over 50%. Muse expects Broadcom's AI chip revenue to grow over 100% in 2026, driving earnings per share of at least $10.70, with further growth projected in 2027 and EPS rising to around $13.50. Overall, Cantor reiterated Broadcom as its top pick, citing strong momentum in AI infrastructure and its expanding presence across custom silicon. Is AVGO a Good Stock to Buy? Currently, Wall Street has a Strong Buy consensus rating on Broadcom stock based on 27 Buys and two Holds assigned over the last three months. The average AVGO stock price target of $462.30 indicates 32% upside potential from current levels.