Broadcom (AVGO) stock is valued at $1.84 trillion and has seen a 120% return since last December, with a 2,500% increase over the past decade. Analysts raised the price target to $450, citing Google’s (GOOG) TPUv7 chip’s success with major customers like Anthropic and Meta. CEO Hock Tan revealed potential $10 billion in AI rack orders for the second half of fiscal 2026. Broadcom’s focus on AI infrastructure for hyperscalers has led to significant growth opportunities, with expectations of achieving over $120 billion in AI revenue by 2030. The company anticipates accelerated AI revenue growth and increased demand for networking solutions as customers scale up their infrastructure. AVGO stock is forecasted to grow to $177 billion in fiscal 2029, with a 53% potential increase over the next three years. Analysts recommend buying AVGO stock, with a price target of $412.

Read more at Yahoo Finance: Analysts Are Betting on Broadcom Stock for 2026. Should You Load Up on Shares Now?