Tigress starts Broadcom coverage with USD 600 target for Broadcom stock

Published on 10/26/2026 at 11:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tigress sets a USD 600 target on October 22, 2026. Broadcom stock trades at EUR 288.58 on October 26, 2026, with USD 1.5 trillion in market value.

AI demand meets software growth

Broadcom presented AI networking innovations with more than 15 partners on October 8, 2026.
Fiscal third-quarter revenue reached USD 29.6 billion, up 86.00 percent year over year.
Broadcom stock traded at EUR 288.58 at 11:29 a.m. CEST at Lang & Schwarz on October 26, 2026.
Broadcom plans to report fiscal fourth-quarter and full-year 2026 results on December 9, 2026.

Fotorealistisches Rechenzentrum mit Netzwerk-Switches und Glasfaserverkabelung, generisch und markenfrei — Broadcom Inc. (US11135F1012): fotorealistische Aufnahme eines modernen Rechenzentrums mit generischen Netzwerk-Switch-Racks und bunten Glasfaserkabeln, Illustration mit AI erstellt.

Broadcom stock (ISIN US11135F1012) was trading at EUR 288.58 at Lang & Schwarz on October 26, 2026, at 11:29 a.m. CEST. The latest market catalyst is Tigress Financial's initiation of coverage with a USD 600 target and a Buy rating on October 22, 2026, according to MarketScreener.

What does the target assume?

Tigress linked its view to custom AI accelerators, high-performance networking, optical connectivity and infrastructure software. The target sits alongside an average analyst target of USD 529.10 and a consensus rating of Buy, figures published in the same MarketScreener report.

The operating backdrop is substantial. Broadcom's fiscal third-quarter revenue reached USD 29.6 billion, up 86.00 percent year over year, while AI semiconductor revenue reached USD 16.7 billion. The figures came from the company's fiscal third-quarter earnings call transcript published by Yahoo Finance.

Three dates show the expansion

On October 8, 2026, Broadcom presented AI networking products at the OCP Global Summit with more than 15 partner companies, according to Broadcom. On October 20, 2026, the company announced a 10-year private-cloud services agreement with NTT DOCOMO, as listed in its investor center. On October 21, 2026, Broadcom launched Arcot Scam Defense, expanding its infrastructure-software offering, also listed by Broadcom.

When are the next results?

Broadcom plans to report fiscal fourth-quarter and full-year 2026 results after the market closes on December 9, 2026, followed by a webcast at 2:00 p.m. Pacific time, according to Yahoo Finance. That date gives investors the next scheduled test of the company's AI-led growth trajectory.

Stock price and valuation

Broadcom's market capitalization stood at USD 1.5 trillion as of October 23, 2026, while its primary listing is on the NASDAQ under ticker AVGO. The company operates in technology and semiconductors, with semiconductor products and infrastructure software forming the core of its business.

Broadcom stock was trading at EUR 288.58 at Lang & Schwarz on October 26, 2026, at 11:29 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Broadcom stock.