--- title: "Before the earnings report, Wall Street is collectively optimistic, with multiple investment banks reiterating the \"Buy\" rating for Broadcom" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/255407863.md" description: "Before Broadcom announced its third-quarter results, investment bank Oppenheimer reiterated its \"Outperform\" rating and raised its target price from $305 to $325. The market expects the semiconductor and software giant to achieve a year-on-year revenue growth of 21% in the third quarter, reaching $15.82 billion; earnings per share are projected to be $1.66, compared to $1.24 in the same period last year. The firm anticipates that, given the company's leading position in artificial intelligence networking and computing, it will report strong quarterly results and is expected to achieve robust growth in the fourth quarter. Oppenheimer emphasized Broadcom's position as a leading supplier of custom AI ASIC chips, with projects in collaboration with leading tech companies such as Google, Meta, and ByteDance. Not long ago, Citigroup analyst Christopher Daniele reaffirmed Broadcom's \"Buy\" rating and set a target price of $315. He expects third-quarter earnings to exceed market expectations, with AI-related revenue contributing approximately 30% of fiscal year 2025 sales. Daniele also noted that Broadcom's broader product portfolio helps offset potential margin pressures" datetime: "2025-09-01T06:17:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/255407863.md) - [en](https://longbridge.com/en/news/255407863.md) - [zh-HK](https://longbridge.com/zh-HK/news/255407863.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/255407863.md) | [English](https://longbridge.com/en/news/255407863.md) # Before the earnings report, Wall Street is collectively optimistic, with multiple investment banks reiterating the "Buy" rating for Broadcom According to the Zhitong Finance APP, ahead of Broadcom's (AVGO.US) third-quarter earnings announcement, investment bank Oppenheimer reiterated its "Outperform" rating and raised the target price from $305 to $325. The market expects the semiconductor and software giant to report a 21% year-over-year revenue growth in the third quarter, reaching $15.82 billion; earnings per share are projected to be $1.66, compared to $1.24 in the same period last year. The firm anticipates that, given the company's leading position in artificial intelligence networking and computing, it will report strong quarterly results and is expected to achieve robust growth in the fourth quarter. Oppenheimer emphasized Broadcom's position as a leading supplier of custom AI ASIC chips, with projects collaborating with leading tech companies such as Google, Meta, and ByteDance. Not long ago, Citigroup analyst Christopher Daniele reiterated a "Buy" rating for Broadcom and set a target price of $315. He expects third-quarter earnings to exceed market expectations, with AI-related revenue contributing about 30% of sales for the fiscal year 2025. Daniele also noted that Broadcom's broader product portfolio helps offset potential margin pressures ### 相關股票 - [Broadcom (AVGO.US)](https://longbridge.com/zh-HK/quote/AVGO.US.md) ## 相關資訊與研究 - [China Just Banned Broadcom’s Cybersecurity Solutions. What Does That Mean for AVGO Stock?](https://longbridge.com/zh-HK/news/272598889.md) - [TriaGen Wealth Management LLC Increases Stock Position in Broadcom Inc. $AVGO](https://longbridge.com/zh-HK/news/272153870.md) - [2 Stock-Split Vanguard Index Funds to Buy Now. History Says They Can Crush the S&P 500 as the AI Boom Unfolds.](https://longbridge.com/zh-HK/news/281741787.md) - [SPACEX'S IPO MAY BOOST THE SPACE INDUSTRY WITH A VALUE EXCEEDING $2 TRILLION.](https://longbridge.com/zh-HK/news/281750838.md) - [Brace for Impact: Why Oil Prices Could Be Extremely Volatile This Week.](https://longbridge.com/zh-HK/news/281745208.md)