Wells Fargo Turns Bullish on Broadcom Inc. (AVGO), Citing Stronger 2026 Catalysts

Broadcom Inc. (NASDAQ:AVGO) is among the stocks with the champion net maturation for the adjacent 5 years. On January 15, Wells Fargo upgraded its standing connected Broadcom Inc. (NASDAQ:AVGO) to Overweight from Equal-weight, portion lifting the terms people to $430 from $410, which suggests a imaginable upside of astir 24%.

The starring slope noted the caller pullback successful Broadcom Inc. (NASDAQ:AVGO), on with strengthening assurance successful perchance important incremental catalysts done 2026, for its bullish outlook. Additionally, Wells Fargo raised its revenue/EPS estimates to $100.3 billion/$10.80 from $97.0 billion/$10.36 for CY26 and to $143.8 billion/$15.35 and from $130.5 billion/$13.90 for CY27.

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These revisions connote improved guidance for the company’s AI semiconductor revenue, present projected to scope $52.6 billion, up 116% YoY, successful 2026 and $93.4 billion, climbing 78% YoY, successful 2027.

Wells Fargo present forecasts debased double-digit YoY maturation for the company’s Infrastructure Software conception successful FY26, highlighting that Broadcom Inc. (NASDAQ:AVGO) said goodbye to FY25 with astir $73 cardinal successful Infrastructure Software backlog.

On the aforesaid day, Citi reaffirmed a ‘Buy’ standing connected Broadcom Inc. (NASDAQ:AVGO) with a terms people of $480 pursuing a transportation of coverage. The steadfast backs its stance with the company’s increasing AI sales.

Broadcom Inc. (NASDAQ:AVGO), founded successful 1961, provides semiconductor devices and infrastructure bundle worldwide done its Semiconductor Solutions and Infrastructure Software segments.

While we admit the imaginable of AVGO arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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