Barclays Raises Broadcom Price Target to $260

Analyst: Tom O'Malley 1 min read Reproduced verbatim
Rating
Overweight
Target
$260
from $205 (+27%)
Outcome
Reached
on June 4, 2025
Barclays and Broadcom logos

What the analyst said

Barclays analyst Tom O’Malley raised the price target on Broadcom Limited (NASDAQ: AVGO) to $260 (from $205) while maintaining an Overweight rating.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

AVGO trades at $347. The 21 analysts who set a target in the last 3 months range from $400 to $630, with a median of $515. This $260 target is 50% below the median, the lowest on the Street.

Since the note AVGO has moved +51% (from $229). The 12-month window closed on January 17, 2026.

Track record

This call✓ Target reached on June 4, 2025, 5 months after the note.

Firm track recordBarclays: 84% of its 32 targets at least a year old were reached within 12 months (#12 of 18 firms); on Broadcom, 5 of 5. Accuracy ranking →

Barclays on Broadcom

Barclays price targets on Broadcom

6 calls from January 17, 2025 to September 3, 2026. The target went from $260 to $500 (+92%). The rating stayed Buy.

Barclays targetAVGO share price
  1. September 3, 2026Target raised from $450 (+11%)Buy$500
  2. October 14, 2025Target raised from $400 (+13%)Buy$450
  3. September 5, 2025Target raised from $265 (+51%)Buy$400
  4. June 9, 2025Target raised from $215 (+23%)Buy$265
  5. April 22, 2025Target cut from $260 (−17%)Buy$215
  6. January 17, 2025 This noteEarliest call shownBuy$260
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.