With a five-year EPS forecast of 49.11%, Broadcom Inc. (NASDAQ:AVGO) is among the 12 Best Future Stocks to Buy Right Now.
On May 19, Evercore ISI analyst Mark Lipacis raised the firm’s price target on Broadcom Inc. (NASDAQ:AVGO) to $582 from $490 and maintained an Outperform rating after conducting first-quarter AI channel checks
The firm highlighted that AI workloads appear to be shifting from a training-led regime toward an inference-led model by the end of 2026, a transition that is increasing focus on cost-per-token, return on investment, and total cost of ownership, while accelerating hyperscaler interest in custom ASICs and alternative accelerators—an area where Broadcom is well positioned. A day earlier, UBS analyst Timothy Arcuri raised the firm’s price target on Broadcom Inc. (NASDAQ:AVGO) to $490 from $475 while keeping a Buy rating on the shares. The firm updated its model ahead of Broadcom’s second-quarter earnings report, adding to positive sentiment surrounding the company’s AI semiconductor opportunity and infrastructure software business.
Broadcom Inc. (NASDAQ:AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions. The company serves critical end markets, including data centers, networking, broadband, wireless, and enterprise software, while also emerging as a major beneficiary of rising AI infrastructure investment through its custom silicon capabilities. It is headquartered in San Jose, California, and was founded in 1991.