{"id":75984,"date":"2026-06-02T03:33:13","date_gmt":"2026-06-02T03:33:13","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/75984\/"},"modified":"2026-06-02T03:33:13","modified_gmt":"2026-06-02T03:33:13","slug":"susquehanna-and-ubs-raise-broadcom-avgo-price-target-ahead-of-results-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/75984\/","title":{"rendered":"Susquehanna and UBS Raise Broadcom (AVGO) Price Target Ahead of Results"},"content":{"rendered":"\n

Broadcom Inc. (NASDAQ:AVGO<\/a>) is one of the 12 Stocks Most Bought by Hedge Funds in Q1 2026<\/a>. On May 28, Susquehanna analyst Christopher Rolland increased the firm\u2019s price target on Broadcom Inc. (NASDAQ:AVGO) from $450 to $490 and maintained a Positive rating on the stock.<\/p>\n

The research firm updated its model ahead of the company\u2019s fiscal second-quarter 2026 financial results. Susquehanna expects custom XPU momentum to continue amidst TPU strength. Demand for Broadcom Inc.\u2019s (NASDAQ:AVGO) AI networking products is also expected to grow.<\/p>\n

\"Susquehanna Susquehanna and UBS Raise Broadcom (AVGO) Price Target Ahead of Results <\/p>\n

However, Susquehanna noted that the company\u2019s initial TPU shipments to Anthropic no longer include racks. As a result, the firm reduced its forecast for Broadcom Inc.\u2019s (NASDAQ:AVGO) custom XPU revenue for calendar year 2026. The company is scheduled to announce its fiscal second-quarter 2026 financial results and business outlook on June 3, 2026.<\/p>\n

Earlier, on May 18, UBS also increased its price target on Broadcom Inc. (NASDAQ:AVGO) from $475 to $490 while keeping a Buy rating.<\/p>\n

UBS updated its estimates after changes were made to Broadcom Inc.\u2019s (NASDAQ:AVGO) Anthropic order, which shifted from full racks to a more standard ASIC arrangement. While the revised arrangement represents about 25% of the revenue that had originally been expected, it is expected to generate much higher margins.<\/p>\n

Broadcom Inc. (NASDAQ:AVGO) is an American multinational technology company that designs, develops, and supplies a wide range of semiconductor, enterprise software, and security solutions.<\/p>\n

While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/a>.<\/p>\n

READ NEXT: 10 Best Single Digit Stocks to Buy Right Now<\/a> and 12 Best Revenue Growth Stocks to Buy According to Wall Street Analysts<\/a>.<\/p>\n

Disclosure: None. Follow Insider Monkey on Google News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Broadcom Inc. (NASDAQ:AVGO) is one of the 12 Stocks Most Bought by Hedge Funds in Q1 2026. On…\n","protected":false},"author":2,"featured_media":75985,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[129],"tags":[2152,39777,223],"class_list":["post-75984","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ubs","tag-broadcom-inc","tag-susquehanna","tag-ubs"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116678413930113270","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/75984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=75984"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/75984\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/75985"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=75984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=75984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=75984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}