Tigress sets USD 600 target for Broadcom stock
Published on 10/27/2026 at 17:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTigress target and quarterly growth
- On October 22, 2026, Tigress Financial initiated coverage with a USD 600.00 target and a Buy rating.
- Fiscal third-quarter revenue reached USD 29.60 billion, up 86.00 percent year over year.
- Broadcom stock costs EUR 307.43 at Lang & Schwarz on October 27, 2026 at 5:32 p.m. CEST.
- Broadcom plans to report fiscal fourth-quarter results on December 9, 2026.
Tigress Financial initiated coverage of Broadcom with a Buy rating and a USD 600.00 price target on October 22, 2026, according to MarketBeat. Broadcom was trading at EUR 307.43 at Lang & Schwarz on October 27, 2026 at 5:32 p.m. CEST after the Xetra close.
Quarterly growth stays substantial
Broadcom's fiscal third-quarter revenue reached USD 29.60 billion, up 86.00 percent from the same quarter a year earlier. The result was reported in the company's fiscal third-quarter earnings call dated September 2, 2026, carried by Yahoo Finance.
AI semiconductor revenue was USD 16.70 billion in the fiscal third quarter, up 221.00 percent year over year. The same call put fourth-quarter AI semiconductor revenue at USD 21.70 billion, representing 236.00 percent year-over-year growth.
Price position remains wide
The Nasdaq quote was USD 342.56 on October 27, 2026 at 12:33 p.m. ET. Broadcom's market capitalization was USD 1.6 trillion, while its 52-week range stood at USD 289.96 to USD 495.00 as of October 27, 2026.
The current price-to-earnings ratio was 43.76, and the dividend yield was 0.01 percent on October 27, 2026. The comparison shows why the analyst target is a valuation claim rather than a simple earnings update: USD 600.00 is 75.16 percent above the Nasdaq quote of USD 342.56.
What comes next for results?
Broadcom plans to report its fiscal fourth-quarter and fiscal-year 2026 results after the market close on December 9, 2026, according to the September 2, 2026 earnings call transcript published by Yahoo Finance. Management guided for fourth-quarter revenue of USD 34.80 billion, up 93.00 percent year over year, with operating margin of approximately 66.00 percent.
Broadcom links demand to financing
The earnings call also described a financing platform established with Apollo and Blackstone to support more than 20 gigawatts of compute infrastructure through 2028. Broadcom said the first tranche totaled USD 35.00 billion, tying future chip demand to the speed at which customers build data centers and secure capital.
Stock price and company facts
Broadcom's valuation combines rapid AI-related growth with a demanding earnings multiple. The next results date and the USD 600.00 target give investors two dated reference points for assessing whether the projected demand converts into reported revenue.
The further course of trading is shown by the continuously updated real-time quote of Broadcom stock.
Broadcom stock at a glance
- Company: Broadcom Inc.
- ISIN: US11135F1012
- Ticker: AVGO
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 27, 2026, 5:32 p.m. CEST): EUR 307.43
- Market capitalization: USD 1.6 trillion (as of October 27, 2026)
- 52-week range: USD 289.96-495.00 (as of October 27, 2026)
- Sector / Industry: Information technology / semiconductors and infrastructure software
- Next earnings date: December 9, 2026
Market context: Market report S&P 500.
