Rosenblatt Broadcom · AVGO

Rosenblatt Raises Broadcom Price Target to $400

Analyst: Hans Mosesmann 1 min read Reproduced verbatim
Rating
Buy
Target
$400
from $340 (+18%)
Outcome
Reached
on November 28, 2025
Rosenblatt and Broadcom logos

What the analyst said

Rosenblatt analyst Hans Mosesmann raised the price target on Broadcom Limited (NASDAQ: AVGO) to $400 (from $340) while maintaining a Buy rating.

“Broadcom delivered a strong beat-and-raise quarter, driven by continued market share gains across its three existing xPU customers.

The standout development, however, is that one of its four prospective xPU customers has placed a $10 billion order for delivery in 2H26.

This represents an unusually fast progression from prospect to customer to revenue, which increases our confidence in the potential conversion of the remaining three prospects.

As a result, we are raising our estimates and increasing our 12-month price target to $400. We continue to view AVGO as a core holding in any AI-focused portfolio.”

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 $400 target is 22% below the median, the lowest on the Street.

Since the note AVGO has moved +13% (from $306). The 12-month window closed on September 5, 2026.

Track record

This call✓ Target reached on November 28, 2025, 3 months after the note.

Firm track recordRosenblatt: 73% of its 15 targets at least a year old were reached within 12 months (#18 of 21 firms); on Broadcom, 2 of 2. Accuracy ranking →

Rosenblatt on Broadcom

Rosenblatt price targets on Broadcom

7 calls from June 6, 2025 to October 27, 2026. The target went from $340 to $600 (+76%). The rating stayed Buy.

Rosenblatt targetAVGO share price
  1. October 27, 2026Kept the $600 targetBuy$600
  2. September 3, 2026Target raised from $500 (+20%)Buy$600
  3. March 5, 2026Target raised from $450 (+11%)Buy$500
  4. December 12, 2025Target raised from $440 (+2%)Buy$450
  5. December 9, 2025Target raised from $400 (+10%)Buy$440
  6. September 5, 2025 This noteTarget raised from $340 (+18%)Buy$400
  7. June 6, 2025Earliest call shownBuy$340
Share

Other analysts on Broadcom

StoneXBuy Kept rating and price target Oct 27 $545maintained UBSBuy Kept rating and price target Oct 27 $470maintained DA DavidsonBuy Upgraded, raised price target +14% Oct 27 $400from $350 KeyBancBuy Kept rating and price target Oct 27 $575maintained UBSBuy Kept rating and price target Oct 2 $470maintained
Share on
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.