1 Wall Street Analyst Thinks Broadcom Is Going to $260. Is It a Buy Now?
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Shares of Broadcom (NASDAQ: AVGO) are suddenly soaring. The diversified semiconductor company impressed the market with its fiscal 2024 fourth-quarter earnings report last week, in particular its artificial intelligence (AI) growth.Broadcom, which may be best known for networking chips, has become the No. 2 chip stock behind Nvidia in the AI race, and the company now seems to be fulfilling that promise.The company said AI revenue jumped 220% to $12.2 billion in the fiscal year due to the growth of its AI XPUs and "Ethernet networking portfolio." That made up nearly half of its $30.1 billion semiconductor revenue in the year. Now, Wall Street is taking notice with a number of analysts upgrading the stock and raising price targets in the aftermath of the report.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Nachrichten zu Broadcom Corp.
Analysen zu Broadcom Corp.
| Datum | Rating | Analyst | |
|---|---|---|---|
| 03.12.2015 | Broadcom Hold | Canaccord Adams | |
| 20.08.2015 | Broadcom Hold | Argus Research Company | |
| 03.08.2015 | Broadcom Hold | Canaccord Adams | |
| 31.07.2015 | Broadcom Market Perform | Cowen and Company, LLC | |
| 31.07.2015 | Broadcom Hold | Topeka Capital Markets |
| Datum | Rating | Analyst | |
|---|---|---|---|
| 29.05.2015 | Broadcom Buy | Brean Capital | |
| 28.05.2015 | Broadcom Buy | Argus Research Company | |
| 22.04.2015 | Broadcom Outperform | RBC Capital Markets | |
| 22.04.2015 | Broadcom Buy | Topeka Capital Markets | |
| 22.04.2015 | Broadcom Buy | Brean Capital |
| Datum | Rating | Analyst | |
|---|---|---|---|
| 03.12.2015 | Broadcom Hold | Canaccord Adams | |
| 20.08.2015 | Broadcom Hold | Argus Research Company | |
| 03.08.2015 | Broadcom Hold | Canaccord Adams | |
| 31.07.2015 | Broadcom Market Perform | Cowen and Company, LLC | |
| 31.07.2015 | Broadcom Hold | Topeka Capital Markets |
| Datum | Rating | Analyst | |
|---|---|---|---|
| 22.07.2013 | Broadcom verkaufen | Exane-BNP Paribas SA | |
| 11.04.2013 | Broadcom verkaufen | Barclays Capital | |
| 26.03.2013 | Broadcom verkaufen | Exane-BNP Paribas SA | |
| 12.11.2012 | Broadcom underperform | Exane-BNP Paribas SA | |
| 18.10.2012 | Broadcom underperform | Exane-BNP Paribas SA |
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