Wolfe Research Broadcom · AVGO

Wolfe Research Raises Broadcom Price Target to $500

Analyst: Chris Caso 1 min read Reproduced verbatim
Rating
Outperform
Target
$500
from $420 (+19%)
Upside
+53%
AVGO at $326 today
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What the analyst said

Wolfe Research analyst Chris Caso raised the price target on Broadcom Limited (NASDAQ: AVGO) to $500.00 (from $420.00) while maintaining an Outperform 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 $326. The 21 analysts who set a target in the last 3 months range from $400 to $630, with a median of $515. This $500 target is 3% below the median.

Since the note AVGO has moved −22% (from $417). 12-month window: day 172 of 365, closes on May 14, 2027.

Track record

This callOpen: AVGO has not reached $500 yet. This 12-month target is scored on May 14, 2027.

Firm track recordWolfe Research: 89% of its 9 targets at least a year old were reached within 12 months. Accuracy ranking →

Wolfe Research on Broadcom

Wolfe Research price targets on Broadcom

7 calls from March 7, 2025 to June 4, 2026. The target went from $400 to $500 (+25%). The rating moved from Hold to Buy.

Wolfe Research targetAVGO share price
  1. June 4, 2026Kept the $500 targetBuy$500
  2. May 14, 2026 This noteTarget raised from $420 (+19%)Buy$500
  3. March 5, 2026Target raised from $400 (+5%)Buy$420
  4. January 30, 2026Upgraded to Buy, set a $400 targetBuy$400
  5. October 13, 2025Rating only, no price targetHoldNo target
  6. September 5, 2025Rating only, no price targetHoldNo target
  7. March 7, 2025Earliest call shownHoldNo target
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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.