Raymond James Raises Broadcom Price Target to $475

Analyst: Simon Leopold 1 min read Reproduced verbatim
Rating
Outperform
Target
$475
from $450 (+6%)
Upside
+46%
AVGO at $326 today
Raymond James and Broadcom logos

What the analyst said

Raymond James analyst Simon Leopold raised the price target on Broadcom Limited (NASDAQ: AVGO) to $475 (from $450) while maintaining an Outperform rating.

“Outperform-rated Broadcom reported a solid F3Q26 (July) and guided above consensus for FY28.”

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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 $475 target is 8% below 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 $475 yet. This 12-month target is scored on September 3, 2027.

Firm track recordRaymond James: 100% of its 7 targets at least a year old were reached within 12 months. Accuracy ranking →

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

Raymond James on Broadcom

Raymond James price targets on Broadcom

4 calls from March 7, 2025 to September 3, 2026. The target went from $420 to $475 (+13%). The rating moved from Hold to Buy.

Raymond James targetAVGO share price
  1. September 3, 2026 This noteTarget raised from $450 (+6%)Buy$475
  2. June 4, 2026Target raised from $420 (+7%)Buy$450
  3. November 20, 2025Upgraded to Buy, set a $420 targetBuy$420
  4. March 7, 2025Earliest call shownHoldNo target
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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.