高盛的分析师建议投资者买入博通股票，并将其12个月目标价从190美元上调至240美元。他们提到，博通为定制硅产品新增了多个大客户，同时还高度评价了公司在去年以610亿美元完成VMware收购后的执行能力。“我们对公司未来的收入和盈利增长前景充满更高的信心。”Broadcom's stock price rose again by over 11%, closing at $250.
According to Zhichong Finance APP, last Friday, Broadcom (AVGO.US) market cap exceeded $1 trillion for the first time, setting a record for the highest single-day increase, with the stock price skyrocketing by 24%. This Monday, driven by several Wall Street institutions raising their Target Prices, Broadcom's stock price rose again by over 11%, closing at $250.
The latest increase in Broadcom's stock price is due to the better-than-expected Earnings Reports released last Thursday evening and the optimistic outlook for the first quarter. As a supplier of Semiconductors and infrastructure Software, Broadcom benefits from the explosive growth of generative AI. This year, the company's AI-related revenue surged by 220%, reaching $12.2 billion.
Goldman Sachs' Analysts recommend investors Buy Broadcom Stocks and raised their 12-month Target Price from $190 to $240. They noted that Broadcom added multiple large clients for its custom silicon products, and highly praised the company's execution capability after completing the acquisition of VMware for $61 billion last year. "We have a higher confidence in the company's future revenue and profit growth prospects."
Barclays raised Broadcom's Target Price from $200 to $205, while Truist increased its Target Price from $245 to $260.
As of this Monday, Broadcom's stock price has risen by more than 126% this year, while another AI industry leader, NVIDIA (NVDA.US), has seen its stock price increase by over 165%, with a Market Cap of $3.2 trillion. In contrast, the Nasdaq Index has risen by 34% for the year.
Broadcom refers to its custom AI accelerator as XPU, which is different from the GPUs sold by NVIDIA. According to the company, the shipment of XPU in the fourth quarter has doubled, with the main clients being three hyperscale enterprise customers. Although the company did not disclose the specific client list, analysts generally believe these three major clients are Meta (META.US), Alphabet (GOOGL.US, GOOG.US), and ByteDance, the parent company of TikTok.
Broadcom's positioning in the AI field, along with its XPU technology and strong market demand, has created significant growth momentum for the company. In the context of rapid development in generative AI, Broadcom and industry giants like NVIDIA are expected to continue benefiting from this trend.
