Wall Street Bullish on Broadcom Inc (AVGO), After Q3 2025

Broadcom Inc. (NASDAQ:AVGO) is one of the Best Technology Stocks to Invest in for the Long Term. On September 4, Broadcom Inc. (NASDAQ:AVGO) released results for its fiscal third quarter of 2025. The company topped revenue and EPS estimates, leading to bullish sentiments from Wall Street.

Broadcom Inc. (NASDAQ:AVGO) delivered $15.95 billion in revenue, up 22.03% year-over-year and ahead of consensus by $129.31 million. Moreover, the EPS of $1.69 also topped estimates by $0.03. Management noted that they achieved this record revenue on the back of its custom AI accelerators, networking products, and VMware business. In addition, the AI-related revenue grew 63% year-over-year to $5.2 billion in Q3, and the company expects this AI semiconductor revenue to reach $6.2 billion in Q4, marking eleven straight quarters of growth fueled by ongoing customer investment.

AVGO Stock: A Strong Buy Pick Backed by Robust Cash Flow and Dividend Growth

Several analysts have expressed their bullish sentiment on the stock. On September 12, Vijay Rakesh from Mizuho Securities reiterated a Buy rating on Broadcom Inc. (NASDAQ:AVGO) while raising the price target from $335 to $410. More recently, on September 16, Stacy Rasgon from Bernstein also reiterated a Buy rating on the stock with a price target of $400.

Broadcom Inc. (NASDAQ:AVGO) designs and supplies semiconductors and enterprise software solutions globally.

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Disclosure: None. This article is originally published at Insider Monkey.