Citi Raises Broadcom Price Target to $515

Analyst: Ronald Josey 1 min read Reproduced verbatim
Rating
Buy
Target
$515
from $500 (+3%)
Upside
+58%
AVGO at $326 today
Citi and Broadcom logos

What the analyst said

Citi analyst Ronald Josey raised the price target on Broadcom (NASDAQ: AVGO) to $515 from $500, while maintaining a Buy rating on the stock.

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 $515 target is in line with the median.

Since the note AVGO has moved −11% (from $367). 12-month window: day 60 of 365, closes on September 3, 2027.

Track record

This callOpen: AVGO has not reached $515 yet. This 12-month target is scored on September 3, 2027.

Firm track recordCiti: 91% of its 33 targets at least a year old were reached within 12 months (#4 of 21 firms); on Broadcom, 6 of 6. Accuracy ranking →

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

Citi on Broadcom

Citi price targets on Broadcom

8 calls from June 2, 2025 to September 3, 2026. The target went from $276 to $515 (+87%). The rating stayed Buy.

Citi targetAVGO share price
  1. September 3, 2026 This noteTarget raised from $500 (+3%)Buy$515
  2. May 12, 2026Target raised from $475 (+5%)Buy$500
  3. March 5, 2026Target cut from $480 (−1%)Buy$475
  4. December 12, 2025Target raised from $415 (+16%)Buy$480
  5. October 14, 2025Target raised from $350 (+19%)Buy$415
  6. September 5, 2025Target raised from $285 (+23%)Buy$350
  7. June 6, 2025Target raised from $276 (+3%)Buy$285
  8. June 2, 2025Earliest call shownBuy$276
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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.