Goldman Sachs maintains a buy rating on Broadcom, expecting FY2027 AI revenue to exceed expectations
2026-08-19 11:10:33
According to CoinMeta and based on research by ChaoXiang, in a research report dated August 18th, Goldman Sachs maintained its buy rating on Broadcom (AVGO) with a target price of $525. Goldman Sachs expects Broadcom's FY2026 AI revenue to be around $57 billion, and FY2027 AI revenue to reach $133 billion, which is 12% higher than market consensus. Broadcom's total FY2027 revenue is expected to be $186.986 billion, with EPS at $21.40 per share. Goldman Sachs believes that the market's concerns about competition from MediaTek and AMD are overstated, and Broadcom's current PE of around 38 times does not fully reflect the potential for AI revenue. Goldman Sachs recommends paying attention to the earnings call for insights on FY2027 AI revenue guidance, ASIC market share, and data center deployment topics.
Source:Internet
This content is for market information only and does not constitute investment advice.
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