The "stock price AVGO forecast" benefits from sustained demand for ASIC chips in AI accelerators, and supply chain data from Taiwan suggests higher production volumes in the coming weeks reinforcing bullish setups. In the case of Broadcom Inc., the consensus sales estimate of $17.5 billion for the current quarter points to a year-over-year change of +24.5%. The $63.29 billion and $83.94 billion estimates for the current and next fiscal years indicate changes of +22.7% and +32.6%, respectively. Evercore ISI: reiterated ‘outperform’, moving its target from $304 to $342. The macro backdrop, with easing supply chain constraints, strengthens the "stock price AVGO forecast", particularly as Asian foundry capacity aligns with Broadcom’s delivery schedules.
