Broadcom 주가가 커스텀 실리콘 및 네트워크 수요에 힘입어 분기 AI 매출이 크게 증가한 데다 애널리스트 목표주가 상향 조정으로 상승했다.

Broadcom Inc. (ISIN US11135F1012) is trading near USD 368.56 as investors digest a blowout fiscal third quarter 2026 and aggressive new analyst price targets. Revenue surged 86 percent year over year to USD 29.6 billion in the quarter ended August 2, 2026.

According to StorageNewsletter, Broadcom reported fiscal Q3 2026 revenue of USD 29.6 billion, representing an 86 percent year-over-year increase and a 33.4 percent sequential rise, underscoring how quickly demand for its chips and software is scaling. For the same period, the company achieved GAAP operating income of USD 16.0 billion and non-GAAP operating income of USD 20.1 billion, highlighting robust profitability alongside rapid top-line expansion. Management emphasized artificial intelligence as the primary driver behind these figures. Fiscal Q3 2026 AI semiconductor revenue reached USD 16.7 billion, marking a 221 percent year-over-year growth rate and a 54 percent quarter-over-quarter increase, cementing AI accelerators and networking as central growth engines.

Looking ahead to the fourth quarter of fiscal 2026, Broadcom guided for revenue of approximately USD 34.8 billion. If realized, this would represent a 93 percent year-over-year increase, suggesting that the strong double-digit growth observed in the third quarter could accelerate further in the near term. On a multi-year basis, management outlined ambitious AI revenue targets: USD 58 billion in fiscal 2026, USD 115 billion in fiscal 2027, and USD 230 billion in fiscal 2028. As noted by MarketBeat, these projections frame current quarterly results as an early stage of a larger expansion. Scaling from USD 16.7 billion in AI semiconductor revenue within a single quarter to over USD 200 billion annually by fiscal 2028 would significantly expand the company’s footprint in AI hardware over just a few years.

Wall Street analysts reacted swiftly to the fiscal Q3 2026 report by raising price targets, even though the stock initially dipped following the earnings release. According to MarketBeat on September 8, 2026, Rosenblatt increased its price target by 20 percent, from USD 500 to USD 600 per share, signaling growing conviction in the company’s AI-driven trajectory. In the same overview, Cantor Fitzgerald lifted its target by more than 14 percent, from USD 525 to USD 600, while maintaining a positive stance. These elevated targets imply upside of more than 60 percent from recent prices around USD 368. Broader market data indicates a consensus price target of approximately USD 505 per share, implying roughly 36 percent upside from recent levels and suggesting that most covering analysts still see room for the stock to surpass its prior all-time high.

Beyond growth metrics and analyst optimism, Broadcom’s third quarter 2026 financials underscore substantial cash-generation capacity. For the quarter ended August 2, 2026, the company generated USD 14.2 billion in cash from operations and spent USD 0.5 billion on capital expenditures, yielding free cash flow of USD 13.7 billion, or 46 percent of revenue. Broadcom supports this with a shareholder-return policy anchored by a quarterly common stock dividend. The Q3 2026 financial summary recorded a quarterly dividend of USD 0.65 per share, corresponding to an annualized payout of USD 2.60 per share if maintained. With revenue and free cash flow expanding rapidly, the company retains ample latitude to fund both growth investments and ongoing dividends. From a valuation perspective, the consensus target of USD 505 serves as a key reference point, particularly when weighed against the company’s accelerating earnings and cash flow generation.

Despite the prevailing optimism, the analyst landscape remains nuanced. MarketBeat analysis highlights that not all recent moves were upgrades. DA Davidson reduced its target to USD 350, TD Cowen lowered its target to USD 475, Truist cut its target to USD 520, and UBS downgraded Broadcom from Buy to Hold, illustrating caution among some firms following the stock’s strong run-up. Nevertheless, among 34 analyst ratings, Broadcom has received 30 Buys and four Holds, with zero Sells. This distribution signals that skepticism has not meaningfully dented the broader positive outlook, though it remains a risk factor to monitor. Another critical consideration is execution against the ambitious AI revenue roadmap. Achieving USD 230 billion in AI semiconductor revenue by fiscal 2028 will require sustained demand for custom accelerators and networking solutions, alongside sufficient manufacturing and power infrastructure. According to Scanx, Broadcom’s CEO has flagged these areas as potential bottlenecks in broader industry commentary.

Recent price action reflects investor response to these fundamentals and forecasts. Market data show that Broadcom stock on Nasdaq closed at approximately USD 357.90 on a recent prior session before advancing to around USD 368.53, representing a gain of roughly 2.97 percent. The move was driven by strong interest in the company’s AI outlook as of early September 2026.

Key company data: Broadcom Inc. trades under ticker AVGO on the Nasdaq. Its ISIN is US11135F1012. As of September 8, 2026, the stock closed at USD 368.56 with a market capitalization of USD 1.75 trillion. The company operates in the semiconductors and infrastructure software sector and is a constituent of the S&P 500.