Broadcom Stock Price Forecast - AVGO Shares Climbs Toward $480 as AI Orders Hit $10B

Broadcom NASDAQ:AVGO Powers Into 2026 As AI Orders Explode And Revenue Targets Break Above $100 Billion

Broadcom NASDAQ:AVGO enters 2026 with a momentum curve unmatched across the semiconductor chain, holding its stock at $344 while analysts and hyperscalers price in revenue expansion that now stretches far beyond the original AI accelerator forecasts. The company’s trajectory shifted sharply after securing a $10 billion XPU rack order from a new fourth hyperscale customer, pushing projected AI revenues into the $30 billion–$32 billion zone for FY26 and lifting total revenue estimates toward $89 billion–$100 billion depending on whether Broadcom lands its expected sequential guidance upgrades. The stock’s $344 print reflects a 47% year-to-date gain, a 109% twelve-month total return and nearly 900% five-year performance as demand for TPUs, custom silicon and next-generation 51.2T networking silicon continues to surge across Google, OpenAI, and multiple unnamed hyperscalers. Broadocm Stock price targets between $401 and $480 as the AI order book signals revenue growth of roughly 60% in 2026, a rate Broadcom hasn’t recorded since 2016 and one that directly challenges NVIDIA’s leadership narrative.

AI Accelerator Revenue Surges Transform NASDAQ:AVGO Into The Hardest Scaling Player In The Custom Silicon Race

The company exits FY25 with AI revenue near $19.9 billion after Q3 delivered $5.2 billion at 63% year-over-year growth and Q4 tracks toward $6.2 billion. While the market originally anticipated Broadcom’s FY26 growth to moderate, the $10 billion XPU order arriving alongside OpenAI’s 10 GW co-development agreement fundamentally rewires expectations. Google’s internal TPU roadmap accelerates Broadcom’s volume curve even further, with Jefferies projecting TPU demand approaching 3 million units in 2026 as Google expands Ironwood TPUs for external cloud customers, forcing replenishment at scale. Every additional tranche of TPU capacity drives higher ASPs across Broadcom’s custom AI parts, turning its ASIC business into a multi-year compounding engine. The three largest existing XPU customers already represent a pathway to a $60 billion–$90 billion AI revenue opportunity by FY27; adding the fourth hyperscaler amplifies Broadcom’s revenue ceiling and positions AVGO further ahead of rivals as the only player besides NVIDIA and AMD with confirmed hyperscale-grade custom accelerator architecture. This portfolio expansion validates Broadcom’s early bet on AI ASICs as the fastest-growing segment of AI compute, now projected to expand 45% in 2026—triple the expected GPU server shipment growth rate.

Explosive Networking And Software Strength Reinforce NASDAQ:AVGO’s Revenue Base Above $60 Billion Heading Into FY25

Broadcom’s upward momentum is not a single-thread story. The integration of VMware and scale-out of infrastructure software added $6.7 billion in Q1 FY25 revenue at 47% year-over-year growth, transforming AVGO into a dual-engine revenue machine. The combined software business boosts recurring revenue visibility, reduces cyclicality, and strengthens the foundation supporting the AI silicon ramp. Meanwhile, Broadcom’s next-gen networking lineup—including Tomahawk 6 and Jericho4—targets hyperscale AI clusters that require 51.2T switching and ultra-low-latency fabrics. Every LLM-training cluster migrating from 800G to 1.6T architectures expands Broadcom’s margin leverage and hardware pull-through. These dynamics contributed to AVGO’s revenue climb from $46.8 billion to $59.9 billion, a 28% rise in twelve months, while net income margin exploded from 10.9% to 31.6%, a 190% jump that powered the stock’s 103% gain between November 2024 and November 2025. Despite the meteoric rise, the P/E multiple compressed from 154 to 85, meaning the stock gained value through earnings acceleration rather than sentiment inflation.

Google TPU Expansion, OpenAI 10 GW Partnership And Hyperscaler Backlogs Reinforce NASDAQ:AVGO’s 2026 Upside Curve

Every major hyperscaler event in Q4 2025 lined up in Broadcom’s favor. Google’s Ironwood TPU announcement signaled immediate volume needs across its cloud platform, capable of pushing order flow above existing expectations. OpenAI’s 10 GW partnership represented one of the largest capacity commitments in AI semiconductor history, implying tens of billions of dollars in silicon demand over multiple years. A single gigawatt of AI capacity translates into roughly $35 billion in chips, giving Broadcom one of the most lucrative multi-year pipelines in the custom silicon ecosystem. With hyperscalers and LLM operators accelerating the shift to custom accelerators to reduce GPU dependence, Broadcom sits at the intersection of the efficiency race, offering lower power draw, performance-per-watt reinforcements and cost advantages against merchant silicon. Jefferies crystalized this forward thesis by naming Broadcom—not NVIDIA—their top semiconductor pick for 2026, raising its price target to $480 and projecting revenue to hit $100 billion in 2026 and up to $130 billion in 2027. No other chipmaker besides NVIDIA is projected to scale revenue at this speed.

Profitability Expansion, Margin Strength And AI Visibility Redefine NASDAQ:AVGO’s Valuation Range For 2026

Broadcom’s net margin expansion from 10.9% to 31.6% is one of the most dramatic profitability shifts among megacap semiconductors. The P/E drop to 87.92 at a time when net income surged suggests the market has not fully priced in Broadcom’s multiyear AI visibility. Current consensus fair value near $394.82 already trails the more aggressive models that price AVGO at 17–18× FY26 revenue, implying a valuation in the $401–$480 band. Market skepticism reflects fears of an AI bubble, yet procurement behavior contradicts sentiment: hyperscalers are increasing—not reducing—AI capex while announcing multi-year silicon roadmaps. With market cap at $1.63 trillion, AVGO is structurally positioned as the second most credible AI infrastructure engine behind NVIDIA, but with far lower downside sensitivity and broader software-hardware revenue diversification. Stock split effects from the 10-for-1 restructuring continue supporting liquidity while analyst coverage intensifies.

Broadcom NASDAQ:AVGO Stock Price Forecast And Final Verdict For 2026

Broadcom’s revenue trajectory pointing toward $89 billion–$100 billion in 2026, its AI accelerator CAGR of 55–60%, hyperscaler commitments exceeding $10 billion, Google TPU expansion, OpenAI’s 10 GW program, networking dominance, and VMware-driven recurring revenue combine to form one of the clearest multi-year AI infrastructure stories in the market. With the stock at $344, upside toward the $401–$480 band is justified by both revenue and margin mathematics. A break above $386.48—the 52-week high—opens direct momentum toward the $420 area before stretching toward the $480 bull-case target if hyperscaler order confirmations land in Q1–Q2 2026. Downside remains tied to hyperscaler capex reductions or AI cycle deceleration, yet current demand signals show no such slowdown.

Verdict: Strong Buy
Broadcom NASDAQ:AVGO offers one of the strongest AI revenue expansion stories of 2026, supported by the deepest custom silicon order book, the most diversified infrastructure portfolio, and hyperscaler demand accelerating faster than expected.

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