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Price Prediction: Will Broadcom Stock Hit $500 This Year?
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Price Prediction: Will Broadcom Stock Hit $500 This Year?

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Broadcom (NASDAQ:AVGO | AVGO Price Prediction) just took one of the sharpest post-earnings drawdowns of the AI cycle, falling 13.78% in a single week despite posting 47.87% revenue growth and an eighth straight EPS beat. That dislocation is exactly why our model now sees meaningful upside back toward, and through, the $500 line. The stock ... Price Prediction: Will Broadcom Stock Hit $500 This Year?

Broadcom (NASDAQ:AVGO | AVGO Price Prediction) just took one of the sharpest post-earnings drawdowns of the AI cycle, falling 13.78% in a single week despite posting 47.87% revenue growth and an eighth straight EPS beat. That dislocation is exactly w... [3438 chars]

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Source: 24/7 Wall St.

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