What Are Analyst Thoughts on Broadcom’s AI Revenue Guidance?

Broadcom Inc. (NASDAQ:AVGO) is one of the leading tech stocks held by Goldman Sachs, with a total portfolio value of $11.15 billion, making it one of Goldman Sachs top tech stocks to buy now.

Broadcom Inc. (NASDAQ:AVGO) just released its Q2 FY2026 results, and the company posted record total revenue of $22.2 billion, up 48% from a year ago. The Semiconductor segment accounted for a record $15 billion in total revenue, up 79% year-over-year. The major driver for the Semiconductor segment was AI semiconductors, which helped the segment achieve a record $10.8 billion in revenue, a remarkable 143% growth from a year ago. Bookings for AI semiconductors soared to more than $30 billion in Q2, compared with $10.8 billion shipped. This indicates a demand pipeline that now extends visibility beyond 2027.

What Are Analyst Thoughts on Broadcom's AI Revenue Guidance?

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The company’s commitments and deepened deals across all six core customers underpin CEO Hock Tan’s reiterated guidance of over $100 billion in AI semiconductor revenue for FY2027. This is almost double the $56 billion forecasted for FY2026. For Q3 FY2026, the company’s AI semiconductor revenue is expected to soar to $16 billion, representing over 200% year-over-year growth.

On June 3, TheFly reported that Jefferies analyst Blayne Curtis lifted the price target on Broadcom Inc. (NASDAQ:AVGO) from $500 to $550, maintaining its Buy rating following Q2 outcomes. Curtis emphasized that Broadcom’s operating margins should improve as AI revenue accelerates, despite mixed results and AI commentary limited to reiterating $100 billion in revenue guidance for FY2027.

Broadcom Inc. (NASDAQ:AVGO) is a technology company that specializes in semiconductor devices (through the Semiconductor Solutions segment) and infrastructure software solutions (through the Infrastructure Software segment).

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