Cantor raises Broadcom stock target to USD 600.00

Published on 10/06/2026 at 10:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter revenue hit USD 29.59 billion, up 85.50 percent. Broadcom stock costs EUR 323.75 on October 6, 2026 versus EUR 322.95.

Geometrisches Bauhaus-Poster mit Kreisen, Linien und dem Schriftzug TECH in Primärfarben — Broadcom Inc. (US11135F1012): geometrisches Bauhaus-Stil-Poster mit kräftigen Formen, Primärfarben und dem großen Schriftzug TECH, Illustration mit AI erstellt.

Broadcom (ISIN US11135F1012) received a Cantor Fitzgerald target increase from USD 525.00 to USD 600.00 on September 3, 2026, as MarketBeat reported. The target increase puts Broadcom's AI expansion against a valuation that still depends heavily on sustained semiconductor growth.

Revenue accelerates in fiscal third quarter

Broadcom reported USD 29.59 billion in revenue for the fiscal third quarter of 2026, up 85.50 percent year over year, according to Yahoo Finance on October 2, 2026. Adjusted earnings per share reached USD 3.32, which was 3.11 percent above the consensus estimate of USD 3.22.

AI semiconductor revenue reached USD 16.70 billion in the same fiscal third quarter, up 221.00 percent year over year. That mix explains why investors are weighing the company's AI growth rate against the premium valuation highlighted by the USD 600.00 target.

AI outlook rises to USD 58 billion

Broadcom raised its fiscal 2026 AI semiconductor revenue outlook to USD 58.00 billion from USD 56.00 billion, a 3.57 percent increase, according to Yahoo Finance on October 2, 2026. The revised figure also represents 186.00 percent growth from fiscal 2025, making AI semiconductor demand the central operating variable for the stock.

Nasdaq range sets the valuation frame

Broadcom's primary Nasdaq listing is identified as AVGO by TechGraph. The primary-exchange context showed a USD 1.7 trillion market capitalization and a USD 289.96 to USD 495.00 52-week range as of October 5, 2026.

MarketBeat also reported a quarterly dividend of USD 0.65 per share and an annualized yield of 0.70 percent on October 5, 2026. TradingView lists December 10, 2026 as Broadcom's next earnings date in its calendar.

EUR 323.75 in morning trading

Broadcom was trading at EUR 323.75 at Lang & Schwarz on October 6, 2026 at 10:32 a.m. CEST, up 0.25 percent versus the prior close of EUR 322.95 on October 5, 2026. The modest euro move contrasts with the much larger operating growth shown in the latest fiscal quarter. The further course of trading is shown by the continuously updated real-time quote of Broadcom stock.