Piper Sandler Broadcom · AVGO

Piper Sandler Raises Broadcom Price Target to $315

Analyst: Harsh Kumar 1 min read Reproduced verbatim
Rating
Overweight
Target
$315
from $300 (+5%)
Outcome
Reached
on September 5, 2025
Piper Sandler and Broadcom logos

What the analyst said

Piper Sandler analyst Harsh Kumar raised the price target on Broadcom Limited (NASDAQ: AVGO) to $315 (from $300) while maintaining an Overweight rating.

“Previewing FY3Q, Looking For Sustained Growth in AI Revenues; We are bullish on the prospects for AVGO going into the coming October quarter around both the core semiconductor business and the infrastructure software segments.

In a nutshell, the semiconductor business is benefiting from strong growth in AI which in the current quarter is on track to grow 60% Y/Y to $5.1 billion.

We suspect that the segment will overachieve the revenue objective of $5.1 billion revenue run rate providing upside in the quarter.

For the July quarter non-AI sales, we anticipate business will be largely flattish for the July quarter.

Overall, we see the AI piece as the lead driver of growth in the July quarter as the non-AI business remains flattish and at the cusp of a recovery with some segments improving but others flattish to down.

We continue to view AVGO as well positioned in the AI landscape and reiterate our OW rating. PT to $315.”

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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 $326. 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 +13% (from $290). The 12-month window closed on August 22, 2026.

Track record

This call✓ Target reached on September 5, 2025, 14 days after the note.

Firm track recordPiper Sandler: 86% of its 29 targets at least a year old were reached within 12 months (#11 of 21 firms); on Broadcom, 4 of 4. Accuracy ranking →

Piper Sandler on Broadcom

Piper Sandler price targets on Broadcom

7 calls from February 21, 2025 to September 10, 2026. The target went from $250 to $460 (+84%). The rating stayed Buy.

Piper Sandler targetAVGO share price
  1. September 10, 2026Target raised from $430 (+7%)Buy$460
  2. December 12, 2025Target raised from $375 (+15%)Buy$430
  3. September 5, 2025Target raised from $315 (+19%)Buy$375
  4. August 22, 2025 This noteTarget raised from $300 (+5%)Buy$315
  5. June 6, 2025Target raised from $250 (+20%)Buy$300
  6. March 7, 2025Kept the $250 targetBuy$250
  7. February 21, 2025Earliest call shownBuy$250
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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.