Broadcom Inc. (AVGO) The Quiet Architect of the AI Compute Era
Broadcom Inc. (AVGO) is rated BUY with a 12-month price target of $540 (~28% upside). AI revenue surged 106% YoY to $8.4B in Q1 FY2026, with Q2 guidance of $10.7B. A structural play on custom silicon and enterprise cloud software — with a $73B AI backlog and 68% EBITDA margins.