--- title: "Broadcom (NASDAQ:AVGO) Price Target Cut to $450.00 by Analysts at Bank of America" type: "News" locale: "en" url: "https://longbridge.com/en/news/277950749.md" description: "Bank of America has reduced its price target for Broadcom (NASDAQ:AVGO) from $500.00 to $450.00 while maintaining a \"buy\" rating. This new target suggests a potential upside of 41.72% from the current stock price. Other analysts have also provided varying price targets, with Barclays setting a target of $500.00 and Benchmark at $485.00. Broadcom's stock opened at $317.53, with a market cap of $1.51 trillion and a P/E ratio of 66.71. The company reported a quarterly EPS of $2.05, exceeding estimates, and a revenue increase of 29.5% year-over-year." datetime: "2026-03-05T14:13:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277950749.md) - [en](https://longbridge.com/en/news/277950749.md) - [zh-HK](https://longbridge.com/zh-HK/news/277950749.md) --- # Broadcom (NASDAQ:AVGO) Price Target Cut to $450.00 by Analysts at Bank of America Broadcom (NASDAQ:AVGO - Get Free Report) had its price target dropped by analysts at Bank of America from $500.00 to $450.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a "buy" rating on the semiconductor manufacturer's stock. Bank of America's price objective points to a potential upside of 41.72% from the stock's current price. - 3 Dividend Growth Stocks Quietly Raising Payouts Other analysts also recently issued research reports about the stock. Barclays restated an "overweight" rating and set a $500.00 price objective (up from $450.00) on shares of Broadcom in a report on Friday, December 12th. Benchmark restated a "buy" rating and set a $485.00 price target on shares of Broadcom in a research note on Thursday. The Goldman Sachs Group reiterated a "buy" rating and issued a $450.00 price objective on shares of Broadcom in a research note on Monday, January 5th. Susquehanna reissued a "positive" rating and set a $450.00 price objective (up from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Finally, Morgan Stanley boosted their target price on Broadcom from $443.00 to $462.00 and gave the company an "overweight" rating in a research note on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $432.47. **Check Out Our Latest Analysis on AVGO** ## Broadcom Stock Performance - The $650 Billion AI Surge Is Here—2 Semiconductor ETFs to Play It Shares of Broadcom stock opened at $317.53 on Thursday. The business's fifty day simple moving average is $334.52 and its 200 day simple moving average is $342.68. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. Broadcom has a 12 month low of $138.10 and a 12 month high of $414.61. The firm has a market capitalization of $1.51 trillion, a P/E ratio of 66.71, a price-to-earnings-growth ratio of 1.00 and a beta of 1.22. Broadcom (NASDAQ:AVGO - Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.03 by $0.02. The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The business's revenue for the quarter was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.60 EPS. As a group, analysts anticipate that Broadcom will post 5.38 EPS for the current year. ## Insider Buying and Selling - MarketBeat Week in Review – 02/23 - 02/27 In other news, Director Henry Samueli sold 320,316 shares of the firm's stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $400.53, for a total value of $128,296,167.48. Following the completion of the transaction, the director directly owned 37,326,540 shares in the company, valued at approximately $14,950,399,066.20. This trade represents a 0.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kirsten M. Spears sold 30,000 shares of the business's stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the transaction, the chief financial officer directly owned 277,237 shares of the company's stock, valued at approximately $96,428,573.34. This represents a 9.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 779,101 shares of company stock worth $283,804,325 in the last 90 days. 2.00% of the stock is owned by company insiders. ## Institutional Inflows and Outflows Several large investors have recently bought and sold shares of AVGO. ROSS JOHNSON & Associates LLC grew its position in Broadcom by 1,320.0% during the fourth quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer's stock worth $25,000 after buying an additional 66 shares in the last quarter. SWAN Capital LLC raised its holdings in shares of Broadcom by 261.9% in the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 55 shares in the last quarter. Longfellow Investment Management Co. LLC bought a new stake in shares of Broadcom during the 2nd quarter valued at about $27,000. Teachers Insurance & Annuity Association of America purchased a new position in shares of Broadcom during the second quarter worth about $28,000. Finally, New England Capital Financial Advisors LLC bought a new position in shares of Broadcom in the second quarter worth approximately $31,000. 76.43% of the stock is owned by institutional investors. ## Broadcom News Roundup Here are the key news stories impacting Broadcom this week: - Positive Sentiment: Q1 beat, revenue growth and very strong guidance — Broadcom reported $19.31B revenue (+29% YoY), $2.05 adj. EPS (beat) and guided Q2 revenue to ~$22B, signaling continued AI/data-center demand that underpins the stock re-rating. Broadcom Inc. Announces First Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend - Positive Sentiment: Massive AI revenue outlook — management said AI semiconductor sales could exceed $100B in 2027, a bullish structural revenue opportunity that narrows the perceived gap with Nvidia and supports higher long-term multiples. Broadcom rallies as it touts more than $100 billion in AI chip sales in 2027 - Positive Sentiment: $10B share-repurchase — Broadcom authorized a $10B buyback, which reduces float and signals management confidence in the stock after the pullback from December highs. Broadcom ticks up as Q1 results, outlook top Wall Street's forecast; unveils 10B buyback - Positive Sentiment: Product progress — Broadcom has begun shipping a 2nm 3.5D face‑to‑face compute SoC on its XDSiP platform, reinforcing its custom-XPU roadmap and technical competitiveness for hyperscalers. Broadcom (AVGO) Ships 3.5D Face-To-Face Compute SoC - Neutral Sentiment: Market commentary on AI positioning — analysts and media are debating whether AVGO is the “ultimate AI play”; this shapes narrative risk but doesn’t change the near-term fundamentals reported today. Is AVGO Stock The Ultimate AI Play? - Negative Sentiment: Software segment weakness — coverage (WSJ) flags Broadcom’s software/VMware business as a drag and says the company still struggles to deliver “blowout” chip projections like Nvidia, which raises execution and valuation risk. Broadcom's AI Business Is Booming. The Rest Is Complicated. - Negative Sentiment: Analyst downgrade / short-term selling pressure — at least one downgrade/trading‑down note has been published, which can amplify volatility despite strong results and push some investors to book gains or hedge. Broadcom NASDAQ: AVGO Trading Down 1.6% Following Analyst Downgrade ## About Broadcom (Get Free Report) Broadcom Inc NASDAQ: AVGO is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company's semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia. On the semiconductor side, Broadcom's portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon. ## Featured Articles - Five stocks we like better than Broadcom - The gold chart Wall Street is terrified of… - America’s 1776 happening again - Buy this Gold Stock Before May 2026 - What a Former CIA Agent Knows About the Coming Collapse - “Fed Proof” Your Bank Account with THESE 4 Simple Steps _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Broadcom Right Now? Before you consider Broadcom, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Broadcom wasn't on the list. While Broadcom currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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