Cantor Broadcom · AVGO

Cantor Fitzgerald Affirms Overweight on Broadcom, $300 Price Target

Analyst: C.J. Muse 1 min read Reproduced verbatim
Rating
Overweight
Unchanged
Target
$300
Outcome
Reached
on July 30, 2025
Cantor and Broadcom logos

What the analyst said

Cantor Fitzgerald analyst C.J.

Muse reiterated an Overweight rating and $300 price target on Broadcom Limited (NASDAQ: AVGO).

“Following more muted expectations post-MRVL’s report, AVGO reported a strong beat and raise (results/guide revs/EPS combined of $29.8B/$3.16 vs. cons $29.3B/$3.01), driving shares materially higher post-close.”

“At the heart of the beat were AI Semiconductor revenues of $4.1B (growing +77% Y/Y and above our estimated $3.9B) combined with April Q AI revenue guide of $4.4B (growing 7% Q/Q and 31% Y/Y and above our estimated $4.1B).

Investors were poised for a pause in 1HCY25 followed by a Google TPU led ramp in 2HCY25. Instead, numbers are moving up today with acceleration of AI revenues still on track into the second half.”

“Infrastructure Software revenues outpaced expectations in both the quarter and guide, driven by VMware as customers migrate to full subscription and embrace full-stack VCF as they virtualize their entire data centers.

Add it all up, and this was a solid report and well above investor expectations.”

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 $345. The 21 analysts who set a target in the last 3 months range from $400 to $630, with a median of $515. This $300 target is 42% below the median, the lowest on the Street.

Since the note AVGO has moved +92% (from $179). The 12-month window closed on March 7, 2026.

Track record

This call✓ Target reached on July 30, 2025, 5 months after the note. Same target as this firm’s March 3, 2025 note, so it is scored there.

Firm track recordCantor: 84% of its 38 targets at least a year old were reached within 12 months (#13 of 21 firms); on Broadcom, 3 of 3. Accuracy ranking →

Cantor on Broadcom

Cantor price targets on Broadcom

8 calls from March 3, 2025 to September 8, 2026. The target went from $300 to $600 (+100%). The rating stayed Buy.

Cantor targetAVGO share price
  1. September 8, 2026Rating only, no price targetBuyNo target
  2. September 3, 2026Target raised from $525 (+14%)Buy$600
  3. June 4, 2026Kept the $525 targetBuy$525
  4. December 12, 2025Target raised from $350 (+50%)Buy$525
  5. September 2, 2025Target raised from $250 (+40%)Buy$350
  6. April 10, 2025Target cut from $300 (−17%)Buy$250
  7. March 7, 2025 This noteKept the $300 targetBuy$300
  8. March 3, 2025Earliest call shownBuy$300
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Other analysts on Broadcom

StoneXBuy Kept rating and price target Oct 27 $545maintained UBSBuy Kept rating and price target Oct 27 $470maintained RosenblattBuy Kept rating and price target Oct 27 $600maintained DA DavidsonBuy Upgraded, raised price target +14% Oct 27 $400from $350 KeyBancBuy Kept rating and price target Oct 27 $575maintained
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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.