Broadcom stock forecast 2026–2030
Analysts' average 12-month price target for Broadcom is 514.37, 75.5% above the current price of 293.09. Their targets range from 350.00 to 600.00.
Of the 30 firms that rated Broadcom in the past 12 months, 27 rate it buy or strong buy, 3 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.
Analysts' 1-year price targets range from 350.00 to 600.00, with an average of 514.37.
| Strong buy | 0 | |
| Buy | 27 | |
| Hold | 3 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 600.00 |
| Average target | 514.37 |
| Lowest target | 350.00 |
| Current price | 293.09 |
Broadcom price target history
Have analysts recently raised or lowered their Broadcom price target and rating?
How analysts rate Broadcom, month by month
27 of 30 firms rate it buy now, against 21 of 22 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Broadcom analyst upgrades, downgrades and price targets
The latest rating change came on 27 October 2026, when DA Davidson upgraded Broadcom from Neutral to Buy. The most recent new target came from Tigress Financial on 22 October 2026: 600.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 27 Oct 2026 | DA Davidson | Upgraded · Neutral → Buy | — | — | — |
| 22 Oct 2026 | Tigress Financial | — | 600.00 | — | 329.00 |
| 9 Sept 2026 | Piper Sandler | — | 430.00 → 460.00 | +7.0% | 364.38 |
| 4 Sept 2026 | D.A. Davidson Gil Luria | — | 400.00 → 350.00 | -12.5% | 355.49 |
| 3 Sept 2026 | Truist Financial | Reiterated · Buy | 550.00 → 520.00 | -5.5% | 344.98 |
| 3 Sept 2026 | Raymond James | Reiterated · Outperform | 420.00 → 475.00 | +13.1% | 343.45 |
| 3 Sept 2026 | Cantor Fitzgerald | Reiterated · Overweight | 600.00 | — | 342.93 |
| 3 Sept 2026 | Evercore ISI | Reiterated · Outperform | 582.00 → 578.00 | -0.7% | 367.24 |
| 3 Sept 2026 | BMO Capital | Reiterated · Outperform | 455.00 → 575.00 | +26.4% | 367.24 |
| 3 Sept 2026 | Macquarie | Upgraded · Neutral → Outperform | 437.00 → 490.00 | +12.1% | 367.24 |
| 3 Sept 2026 | Morgan Stanley | Reiterated · Overweight | 502.00 → 505.00 | +0.6% | 367.24 |
| 20 Aug 2026 | BMO Capital | — | 455.00 | — | 364.03 |
| 7 Jul 2026 | Erste Group | Downgraded · Buy → Hold | — | — | — |
| 4 Jun 2026 | D.A. Davidson | — | 335.00 → 400.00 | +19.4% | 410.33 |
| 4 Jun 2026 | Truist Financial William Stein | Reiterated · Buy | 510.00 → 550.00 | +7.8% | 407.11 |
| 4 Jun 2026 | Goldman Sachs | — | 450.00 → 525.00 | +16.7% | 407.07 |
| 4 Jun 2026 | RBC Capital Srini Pajjuri | Reiterated · Sector Perform | 370.00 → 400.00 | +8.1% | 406.45 |
| 4 Jun 2026 | Oppenheimer | Reiterated · Outperform | 450.00 → 535.00 | +18.9% | 479.23 |
| 4 Jun 2026 | Morgan Stanley | Reiterated · Overweight | 485.00 → 502.00 | +3.5% | 479.23 |
| 4 Jun 2026 | KeyBanc John Vinh | Reiterated · Overweight | 500.00 → 575.00 | +15.0% | 479.23 |
| 4 Jun 2026 | UBS | Reiterated · Buy | 490.00 → 485.00 | -1.0% | 479.23 |
| 4 Jun 2026 | Macquarie | Downgraded · Outperform → Neutral | 437.00 | — | 479.23 |
| 4 Jun 2026 | Deutsche Bank Ross Seymore | Reiterated · Buy | 430.00 → 515.00 | +19.8% | 479.23 |
| 4 Jun 2026 | Jefferies Blayne Curtis | Reiterated · Buy | 550.00 | — | 479.23 |
| 1 Jun 2026 | Morgan Stanley Joseph Moore | Reiterated · Overweight | 462.00 → 485.00 | +5.0% | 448.94 |
| 28 May 2026 | Susquehanna Christopher Rolland | Reiterated · Positive | 450.00 → 490.00 | +8.9% | 421.86 |
| 19 May 2026 | Evercore ISI Mark Lipacis | — | 582.00 | — | 420.71 |
| 18 May 2026 | UBS Timothy Arcuri | Reiterated · Buy | 475.00 → 490.00 | +3.2% | 420.89 |
| 14 May 2026 | Wells Fargo | Reiterated · Overweight | 430.00 → 545.00 | +26.7% | 416.79 |
| 8 Apr 2026 | Seaport Global | Downgraded · Buy → Neutral | — | — | — |
| 12 Feb 2026 | D.A. Davidson | — | 335.00 | — | 331.17 |
| 30 Jan 2026 | Wolfe Research Chris Caso | — | 400.00 | — | 330.73 |
| 15 Jan 2026 | Wells Fargo | Upgraded · Equal Weight → Overweight | 430.00 | — | 339.89 |
| 14 Jan 2026 | RBC Capital Srini Pajjuri | — | 370.00 | — | 339.89 |
| 9 Jan 2026 | Mizuho Securities Vijay Rakesh | Reiterated · Outperform | 450.00 → 480.00 | +6.7% | 338.17 |
| 5 Jan 2026 | Goldman Sachs | — | 435.00 → 450.00 | +3.4% | 347.62 |
| 19 Dec 2025 | Truist Financial | Reiterated · Buy | 500.00 → 510.00 | +2.0% | 329.88 |
| 15 Dec 2025 | UBS Timothy Arcuri | Reiterated · Buy | 472.00 → 475.00 | +0.6% | 359.90 |
| 12 Dec 2025 | Truist Financial | — | 295.00 → 500.00 | +69.5% | 360.32 |
| 12 Dec 2025 | Deutsche Bank | — | 400.00 → 430.00 | +7.5% | 362.18 |
| 12 Dec 2025 | Morgan Stanley | Reiterated · Overweight | 443.00 → 462.00 | +4.3% | 362.05 |
| 12 Dec 2025 | Robert W. Baird | — | 420.00 | — | 406.96 |
| 12 Dec 2025 | Oppenheimer | Reiterated · Outperform | 435.00 → 450.00 | +3.4% | 406.96 |
| 12 Dec 2025 | Mizuho Securities Vijay Rakesh | Reiterated · Outperform | 435.00 → 450.00 | +3.4% | 376.58 |
| 12 Dec 2025 | Piper Sandler Harsh Kumar | Reiterated · Overweight | 375.00 → 430.00 | +14.7% | 406.96 |
| 12 Dec 2025 | Bernstein Stacy Rasgon | Reiterated · Outperform | 475.00 | — | 406.96 |
| 12 Dec 2025 | Barclays Tom O'Malley | Reiterated · Overweight | 450.00 → 500.00 | +11.1% | 406.96 |
| 12 Dec 2025 | KeyBanc John Vinh | Reiterated · Overweight | 460.00 → 500.00 | +8.7% | 406.96 |
| 5 Dec 2025 | Oppenheimer Rick Schafer | Reiterated · Outperform | 360.00 → 435.00 | +20.8% | 381.03 |
| 4 Dec 2025 | Susquehanna Christopher Rolland | Reiterated · Positive | 450.00 | — | 380.61 |
Broadcom EPS and revenue estimates
Analysts expect Broadcom's EPS to grow 85.9% a year until 2028, faster than over the last 5 years (49.9% a year) and the last 3 years (21.6%).
Analysts expect Broadcom's revenue to grow 64.0% a year until 2028, faster than over the last 5 years (21.7% a year) and the last 3 years (24.4%).
Revenue
EPS
Does Broadcom beat earnings estimates?
On average, analysts' EPS estimate was 2.6% off the result, either way, and their revenue estimate 1.3%, over the last 12 quarters.
- EPS beats
- 49 / 56
- Revenue beats
- 50 / 56
- Average EPS surprise, last 12
- +2.6%
- Since
- November 2012
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 2 Sept 2026 | 3.22 | 3.32 | +3.1% | 29.24B | 29.59B | +1.2% |
| Q2 FY2026 | 3 Jun 2026 | 2.40 | 2.44 | +1.7% | 22.13B | 22.19B | +0.3% |
| Q1 FY2026 | 4 Mar 2026 | 2.03 | 2.05 | +1.0% | 19.26B | 19.31B | +0.3% |
| Q4 FY2025 | 11 Dec 2025 | 1.87 | 1.95 | +4.3% | 17.47B | 18.02B | +3.1% |
| Q3 FY2025 | 4 Sept 2025 | 1.66 | 1.69 | +1.8% | 15.83B | 15.95B | +0.8% |
| Q2 FY2025 | 5 Jun 2025 | 1.57 | 1.58 | +0.6% | 14.96B | 15.00B | +0.3% |
| Q1 FY2025 | 6 Mar 2025 | 1.51 | 1.60 | +6.0% | 14.62B | 14.92B | +2.1% |
| Q4 FY2024 | 12 Dec 2024 | 1.38 | 1.42 | +2.9% | 14.07B | 14.05B | -0.1% |
| Q3 FY2024 | 5 Sept 2024 | 1.22 | 1.24 | +1.6% | 12.98B | 13.07B | +0.7% |
| Q2 FY2024 | 12 Jun 2024 | 1.09 | 1.10 | +0.9% | 12.06B | 12.49B | +3.6% |
| Q1 FY2024 | 7 Mar 2024 | 1.04 | 1.10 | +6.1% | 11.79B | 11.96B | +1.4% |
| Q4 FY2023 | 7 Dec 2023 | 1.10 | 1.11 | +0.9% | 9.41B | 9.30B | -1.2% |
Broadcom stock price 2026–2030: scenarios
If Broadcom's earnings keep growing at the 65.0% a year analysts expect to FY2028, it would earn about 83.39 a share in FY2030. At the P/E it has traded at over the last five years (17.2 to 132.7) that is 1,430.73 to 11,067.33 a share, or 4,706.02 at its average P/E of 56.4. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 11.68 | 200.47 | 659.39 | 1,550.71 |
| FY2027 | 19.32 | 331.44 | 1,090.19 | 2,563.84 |
| FY2028 | 30.63 | 525.56 | 1,728.70 | 4,065.46 |
| FY2029 (extrapolated) | 50.54 | 867.14 | 2,852.24 | 6,707.74 |
| FY2030 (extrapolated) | 83.39 | 1,430.73 | 4,706.02 | 11,067.33 |
Each year's EPS is the analysts' consensus to FY2028; the years after continue its 65.0% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (17.2, 56.4, 132.7).
Is Broadcom stock undervalued or overvalued?
Broadcom's P/E of 36.4 is below the middle of its 5-year range (17.8 to 208.3, median 44.7). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay less for each point of growth than usual: a PEG of 0.4 on expected growth against 0.9 on its median P/E and past five years' growth. Growing 85.9% a year, Broadcom earns a P/E of 25.0 at a PEG of 1 (at most 25): × the next twelve months' EPS of 19.47, a fair value of 486.83; the price, 293.09, is 39.8% below it. Its forward P/E, on the consensus for FY2027, is 15.2.
Fair value on growth is a P/E equal to the EPS growth analysts expect a year (a PEG of 1, at most 25) times the earnings per share of the next twelve months; the ends of the bar are a PEG of 0.75 and 1.25 (a P/E of 18.8 and 31.3). The price against its P/E range
- Price to earnings ratio (TTM)
- 36.36
- Five-year median P/E
- 44.68
- Five-year P/E range
- 17.8 – 208.3
- Forward P/E (FY2027)
- 15.17
- PEG ratio
- 0.56
- To the average target
- +75.5%
Most undervalued US stocks
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| 108.445 | 201.41108Price 108.45248 | +85.7% |
Furthest below the fair value on each stock's page, updated every day.
