Cantor Fitzgerald Raises Broadcom Price Target to $600

Analyst: C.J. Muse 1 min read Reproduced verbatim
Rating
Overweight
Target
$600
from $525 (+14%)
Upside
+74%
AVGO at $345 today
Cantor and Broadcom logos

What the analyst said

Cantor Fitzgerald analyst C.J.

Muse raised the price target on Broadcom Limited (NASDAQ: AVGO) to $600 (from $525) while maintaining an Overweight rating.

“Amidst investor worries of share loss to Mediatek at Google, Broadcom came out swinging, guiding FY27 AI revenues to $115B (prior $100B+) and initiating FY28 AI revenue guide of $230B.”

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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 $345. The 21 analysts who set a target in the last 3 months range from $400 to $630, with a median of $515. This $600 target is 17% above the median.

Since the note AVGO has moved −6% (from $367). 12-month window: day 56 of 365, closes on September 3, 2027.

Track record

This callOpen: AVGO has not reached $600 yet. This 12-month target is scored on September 3, 2027.

Firm track recordCantor: 84% of its 38 targets at least a year old were reached within 12 months (#13 of 21 firms); on Broadcom, 3 of 3. Accuracy ranking →

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

Cantor on Broadcom

Cantor price targets on Broadcom

8 calls from March 3, 2025 to September 8, 2026. The target went from $300 to $600 (+100%). The rating stayed Buy.

Cantor targetAVGO share price
  1. September 8, 2026Rating only, no price targetBuyNo target
  2. September 3, 2026 This noteTarget raised from $525 (+14%)Buy$600
  3. June 4, 2026Kept the $525 targetBuy$525
  4. December 12, 2025Target raised from $350 (+50%)Buy$525
  5. September 2, 2025Target raised from $250 (+40%)Buy$350
  6. April 10, 2025Target cut from $300 (−17%)Buy$250
  7. March 7, 2025Kept the $300 targetBuy$300
  8. March 3, 2025Earliest call shownBuy$300
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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.