Reported 2 days ago
Citi analysts have upheld a Buy rating for Broadcom Inc. (AVGO), increasing the price target from $276 to $285 following strong Q2 2025 financial results, highlighted by a 20% annual revenue growth to $15 billion, driven by AI semiconductor sales. Despite concerns over margin pressures due to increased semiconductor sales, AI revenue soared 46% year-over-year to $4.4 billion, and future projections suggest continued growth. The company anticipates Q3 revenue of around $15.8 billion with an adjusted EBITDA margin slightly lower than Q2 levels.
Source: YAHOO