Broadcom trades at $339 versus a Wall Street consensus target of $532, a 55% gap that formed after shares fell 13.7% in one month.
Hock Tan projects AI revenue reaching $115 billion in FY2027 and $230 billion in FY2028, despite an Anthropic slowdown report triggering the recent selloff.
Customer concentration among a handful of hyperscalers means a single negative headline can move AVGO 10% in an afternoon, making position sizing critical.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Broadcom (NASDAQ:AVGO) closed most recently at $339.27, while Wall Street's consensus 12-month price target is $531.85. On a market cap of roughly $1.6 trillion, that gap works out to well above 56%, a rare dislocation for a mega-cap that just posted record numbers.
#wall #billion
Hock Tan projects AI revenue reaching $115 billion in FY2027 and $230 billion in FY2028, despite an Anthropic slowdown report triggering the recent selloff.
Customer concentration among a handful of hyperscalers means a single negative headline can move AVGO 10% in an afternoon, making position sizing critical.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Broadcom (NASDAQ:AVGO) closed most recently at $339.27, while Wall Street's consensus 12-month price target is $531.85. On a market cap of roughly $1.6 trillion, that gap works out to well above 56%, a rare dislocation for a mega-cap that just posted record numbers.
#wall #billion
5 hours ago
