Mizuho Broadcom · AVGO

Mizuho Raises Broadcom Price Target to $315

Analyst: Vijay Rakesh 1 min read Reproduced verbatim
Rating
Outperform
Target
$315
from $310 (+2%)
Outcome
Reached
on September 5, 2025
Mizuho and Broadcom logos

What the analyst said

Mizuho analyst Vijay Rakesh raised the price target on Broadcom Limited (NASDAQ: AVGO) to $315 (from $310) while maintaining an Outperform rating.

“AVGO – No change to our JulQ rev/EPS estimates of $15.8B/$1.64 (cons. $15.8B/$1.66), while raising F25E from $62.4B/$6.59 to $62.8B/$6.64 ($62.8B/$6.64), F26E from $75.3B/$8.24 to $78.0B/$8.43 (cons. $76.2B/$8.24) and F27E from $88.3B/$9.67 to $90.1B/$10.01 (cons. $85.7B/$9.97).

Raise PT to $315 (prior: $310), 37.4x our F26 P/E (prior: 37.6x) as we see strong TPU ramps continuing into 2026E with TPUv7p, while MTIA v 2/3 provides additional tailwinds and XPU ramps with OpenAI/APPL potentially begin ramping in 2H26E, with volume ramps in 2027E.”

Disclaimer
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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 $315 target is 39% below the median, the lowest on the Street.

Since the note AVGO has moved +31% (from $265). The 12-month window closed on July 2, 2026.

Track record

This call✓ Target reached on September 5, 2025, 2 months after the note.

Firm track recordMizuho: 94% of its 52 targets at least a year old were reached within 12 months (#3 of 18 firms); on Broadcom, 11 of 11. Accuracy ranking →

Mizuho on Broadcom

Mizuho price targets on Broadcom

8 calls from January 10, 2025 to July 15, 2025. The target went from $260 to $329 (+27%). The rating stayed Buy.

Mizuho targetAVGO share price
  1. July 15, 2025Target raised from $315 (+4%)Buy$329
  2. July 9, 2025Kept the $315 targetBuy$315
  3. July 2, 2025 This noteTarget raised from $310 (+2%)Buy$315
  4. June 6, 2025Target raised from $300 (+3%)Buy$310
  5. May 27, 2025Target raised from $250 (+20%)Buy$300
  6. May 16, 2025Kept the $250 targetBuy$250
  7. March 7, 2025Target cut from $260 (−4%)Buy$250
  8. January 10, 2025Earliest call shownBuy$260
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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.