Language:
Instant News and Commentaries
G Sachs Keeps Buy on Broadcom; Quarterly Results Stellar
05 Mar 2026 11:30
Goldman Sachs has released a research report predicting that Broadcom (AVGO.US) will see its stock price, supported by the excellent performance of its AI semiconductors, rise mildly following the release of its strong quarterly results and market-beating guidance.

In line with upward revisions in capital expenditures by major AI clients, Broadcom's guidance for 2Q26 AI semiconductor revenue is 15% higher than market expectations, indicating continued growth in both XPU and networking businesses.

Goldman Sachs has given Broadcom a Buy rating and a target price of USD450.
~



AAStocks Financial News
Web Site: www.aastocks.com
SG Top Picks
Stock & Type Code Strike(Call Level) Last Effective Gearing
Broadcom (C) 10072 435 (-) 0.058 11.0 X
Broadcom (P) 10073 310 (-) 0.237 6.8 X

 

Information Provided by AAStocks Financial News [Disclaimer]
Subscribe Newsletter
Get the latest news from us by inputing your email address here.
(Please read our Privacy Policy)