Several brokerages have updated their recommendations and price targets on shares of Broadcom (NASDAQ: AVGO) in the last few weeks:
- 9/4/2026 – Broadcom was given a new $350.00 price target by DA Davidson. They now have a “neutral” rating on the stock.
- 9/4/2026 – Broadcom had its “buy” rating reaffirmed by Citigroup Inc.. They now have a $515.00 price target on the stock, up from $500.00.
- 9/3/2026 – Broadcom was upgraded by Fox Advisors to “outperform”.
- 9/3/2026 – Broadcom is now covered by Royal Bank Of Canada. They set an “outperform” rating on the stock.
- 9/3/2026 – Broadcom was upgraded by Lake Street Capital to “buy”.
- 9/3/2026 – Broadcom was downgraded by UBS Group AG from “buy” to “hold”.
- 9/3/2026 – Broadcom is now covered by Jefferies Financial Group Inc.. They set a “buy” rating on the stock.
- 9/3/2026 – Broadcom had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $475.00 price target on the stock, up from $450.00.
- 9/3/2026 – Broadcom had its “buy” rating reaffirmed by TD Cowen. They now have a $475.00 price target on the stock, down from $500.00.
- 9/3/2026 – Broadcom was given a new $578.00 price target by Evercore Inc.
- 9/3/2026 – Broadcom had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $505.00 price target on the stock, up from $502.00.
- 9/3/2026 – Broadcom had its price target lowered by Truist Financial Corporation from $550.00 to $520.00. They now have a “buy” rating on the stock.
- 9/3/2026 – Broadcom had its “sector perform” rating reaffirmed by Royal Bank Of Canada. They now have a $400.00 price target on the stock.
- 9/3/2026 – Broadcom had its “overweight” rating reaffirmed by KeyCorp. They now have a $575.00 price target on the stock.
- 9/3/2026 – Broadcom had its price target raised by Cantor Fitzgerald from $525.00 to $600.00. They now have an “overweight” rating on the stock.
- 9/3/2026 – Broadcom had its price target raised by BMO Capital Markets from $455.00 to $575.00. They now have an “outperform” rating on the stock.
- 9/3/2026 – Broadcom is now covered by Rosenblatt Securities. They set a “buy” rating and a $600.00 price target on the stock.
- 8/26/2026 – Broadcom had its “sector perform” rating reaffirmed by Royal Bank Of Canada. They now have a $400.00 price target on the stock.
- 8/20/2026 – Broadcom is now covered by BMO Capital Markets. They set an “outperform” rating and a $455.00 price target on the stock.
- 8/20/2026 – Broadcom is now covered by BMO Capital Markets. They set an “outperform” rating and a $455.00 price target on the stock.
- 8/3/2026 – Broadcom had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc..
- 7/30/2026 – Broadcom was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 7/18/2026 – Broadcom was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 7/15/2026 – Broadcom was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
Broadcom Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, September 21st. Broadcom’s dividend payout ratio (DPR) is presently 33.21%.
Insider Buying and Selling at Broadcom
In other Broadcom news, insider Mark Brazeal sold 25,000 shares of the company’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the sale, the insider directly owned 194,989 shares of the company’s stock, valued at approximately $78,254,935.37. This represents a 11.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Harry You acquired 1,000 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was acquired at an average price of $373.57 per share, with a total value of $373,570.00. Following the transaction, the director owned 38,466 shares in the company, valued at approximately $14,369,743.62. The trade was a 2.67% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 61,644 shares of company stock worth $24,016,214 over the last three months. 1.90% of the stock is currently owned by corporate insiders.
Broadcom Inc (NASDAQ:AVGO) designs, develops and supplies semiconductor and infrastructure software products for businesses, telecommunications providers and other organizations worldwide. Its semiconductor portfolio includes networking and connectivity components, custom application-specific integrated circuits, broadband and wireless communications products, storage adapters, optical components, and industrial solutions.
The company also provides enterprise infrastructure software through businesses including VMware, which offers virtualization and private- and hybrid-cloud solutions; mainframe and enterprise software; and cybersecurity products.
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