---
title: "Citi raises Broadcom price target to $500: AI demand sets up another big April quarter"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286151743.md"
description: "Quick Read Broadcom (AVGO) received a $25 price target raise from Citi to $500, maintaining a Buy rating on stronger-than-expected April quarter AI semiconductor revenue guidance. Broadcom’s premium 39x forward multiple and custom silicon concentration mean the AI tailwind upside depen..."
datetime: "2026-05-12T20:21:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286151743.md)
  - [en](https://longbridge.com/en/news/286151743.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286151743.md)
---

# Citi raises Broadcom price target to $500: AI demand sets up another big April quarter

Quick Read Broadcom (AVGO) received a $25 price target raise from Citi to $500, maintaining a Buy rating on stronger-than-expected April quarter AI semiconductor revenue guidance. Broadcom’s premium 39x forward multiple and custom silicon concentration mean the AI tailwind upside depen...

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