Goldman Sachs revamps Broadcom stock price target with a twist
Broadcom’s (AVGO) stock looks virtually unstoppable, having jumped over 66% year-to-date as it moves ever so close to a $2 trillion valuation.
However, with such momentum comes a new kind of pressure.
Goldman Sachs analyst James Schneider just bumped his price target on the stock, doubling down on his buy rating.
He frames Broadcom as perhaps the most important “arms dealer” in the AI boom.
At the same time, he makes it clear that expectations for Q4 remain sky-high. Investors want a strong beat, a raise, along with a healthy fiscal 2026 guide that tops the expected $11 billion+ in AI sales.
Hence, even though Broadcom could be winning the AI hardware race, Schneider’s note underscores the challenge ahead that…
