--- title: "AVGO Stock Price Forecast — UBS Raises Target to $490 Ahead of Q2 Earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/286889602.md" description: "UBS analyst Timothy Arcuri raised Broadcom's (AVGO) price target from $475 to $490 ahead of its Q2 earnings report, indicating a potential 17% upside. Despite lowering revenue forecasts for AI-related sales, UBS remains bullish, expecting strong demand to help Broadcom exceed market expectations. The stock holds a Strong Buy consensus rating with an average target of $477.81, suggesting a 13.57% upside." datetime: "2026-05-19T09:46:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286889602.md) - [en](https://longbridge.com/en/news/286889602.md) - [zh-HK](https://longbridge.com/zh-HK/news/286889602.md) --- # AVGO Stock Price Forecast — UBS Raises Target to $490 Ahead of Q2 Earnings Chipmaker Broadcom (AVGO) stock is gaining attention ahead of its fiscal second-quarter earnings report, as Wall Street remains bullish on the company's growing AI opportunity. On Tuesday, five-star UBS analyst Timothy Arcuri raised his price target on AVGO stock from $475 to $490, suggesting nearly 17% upside from current levels. Broadcom is scheduled to report fiscal Q2 earnings on June 3. ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks For context, Broadcom designs and supplies semiconductor chips and infrastructure software used across data centers, networking, broadband, and wireless systems. ## **UBS Stays Bullish on AVGO Stock** Arcuri said Broadcom has changed some AI chip orders for Anthropic from full-rack systems to a more standardized ASIC setup. While this reduces near-term revenue, the newer setup carries higher profit margins. Because of this change, he lowered his estimates for Anthropic-related revenue at Broadcom. The analyst now expects around $8 billion in 2026 and $22 billion in 2027, down from previous forecasts of $21 billion and $23 billion. Most of the cut reflects a slower early ramp-up phase of the deal. Arcuri also reduced his fiscal 2027 AI revenue forecast for AVGO to $133 billion from $145 billion and slightly lowered his 2027 earnings estimate to $21.14 per share. Despite the lower forecasts, UBS still expects Broadcom to deliver revenue guidance above Wall Street estimates of roughly $22 billion. Arcuri also remains bullish on AVGO stock, saying strong AI demand could help the company continue beating market expectations in the coming quarters. He expects AI revenue to reach $13.6 billion in the fiscal third quarter. Overall, the analyst said the recent rally in semiconductor stocks has pushed valuations higher across the sector, which helped support its higher price target for AVGO despite lowering some revenue forecasts. ## **Is AVGO a Good Stock to Buy?** On Wall Street, Broadcom stock holds a Strong Buy consensus rating, based on 26 Buys and four Holds assigned in the last three months. The average AVGO stock price target of $477.81 indicates 13.57% upside potential from current levels. ### Related Stocks - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [AVGG.US](https://longbridge.com/en/quote/AVGG.US.md) - [IXN.US](https://longbridge.com/en/quote/IXN.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [AVGU.US](https://longbridge.com/en/quote/AVGU.US.md) - [AVS.US](https://longbridge.com/en/quote/AVS.US.md) - [AVL.US](https://longbridge.com/en/quote/AVL.US.md) - [AVGX.US](https://longbridge.com/en/quote/AVGX.US.md) - [AVGW.US](https://longbridge.com/en/quote/AVGW.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [UBS.US](https://longbridge.com/en/quote/UBS.US.md) ## Related News & Research - [What's Going On With Broadcom Stock Tuesday?](https://longbridge.com/en/news/286905511.md) - [Broadcom Inc. $AVGO Shares Purchased by World Investment Advisors](https://longbridge.com/en/news/286900013.md) - [Broadcom Inc. $AVGO Shares Purchased by AssuredPartners Investment Advisors LLC](https://longbridge.com/en/news/286214229.md) - [Robeco Schweiz AG Acquires 3,100 Shares of Broadcom Inc. $AVGO](https://longbridge.com/en/news/286230292.md) - [Argos Wealth Advisors LLC Makes New Investment in Broadcom Inc. $AVGO](https://longbridge.com/en/news/286729663.md)