Mizuho Broadcom · AVGO

Mizuho Reiterates Outperform on Broadcom, $530 Price Target

Analyst: Vijay Rakesh 1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$530
Unchanged
Upside
+63%
AVGO at $326 today
Mizuho and Broadcom logos

What the analyst said

Mizuho analyst Vijay Rakesh reiterated an Outperform rating and $530 price target on Broadcom Limited (NASDAQ: AVGO).

“AVGO reported in-line JulQ/OctQ BUT laid out a durable 100% y/y AI revenue growth in F27E and F28E, as we had noted in our key investor concerns note.”

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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 $530 target is 3% above the median.

Since the note AVGO has moved −11% (from $367). 12-month window: day 58 of 365, closes on September 3, 2027.

Track record

This callOpen: AVGO has not reached $530 yet. This 12-month target is scored on August 21, 2027. Same target as this firm’s August 21, 2026 note, so it is scored there.

Firm track recordMizuho: 93% of its 61 targets at least a year old were reached within 12 months (#2 of 21 firms); on Broadcom, 11 of 11. Accuracy ranking →

Earnings reactionOne of 18 notes after Broadcom’s Sep 2 results: 7 raised · 5 cut · 5 kept. See every call →

Mizuho on Broadcom

Mizuho price targets on Broadcom

8 calls from October 13, 2025 to September 3, 2026. The target went from $430 to $530 (+23%). The rating stayed Buy.

Mizuho targetAVGO share price
  1. September 3, 2026 This noteKept the $530 targetBuy$530
  2. August 21, 2026Kept the $530 targetBuy$530
  3. June 8, 2026Kept the $530 targetBuy$530
  4. June 4, 2026Target raised from $480 (+10%)Buy$530
  5. April 17, 2026Target raised from $450 (+7%)Buy$480
  6. December 12, 2025Target raised from $435 (+3%)Buy$450
  7. October 21, 2025Target raised from $430 (+1%)Buy$435
  8. October 13, 2025Earliest call shownBuy$430
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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.