New Buy Rating for Broadcom (AVGO), the Technology Giant

UBS analyst Timothy Arcuri maintained a Buy rating on Broadcom today and set a price target of $365.00. The company’s shares closed yesterday at $306.10.

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According to TipRanks, Arcuri is a top 25 analyst with an average return of 32.3% and a 72.27% success rate. Arcuri covers the Technology sector, focusing on stocks such as Nvidia, Intel, and Advanced Micro Devices.

Currently, the analyst consensus on Broadcom is a Strong Buy with an average price target of $367.68, which is a 20.12% upside from current levels. In a report released today, KeyBanc also maintained a Buy rating on the stock with a $400.00 price target.

Based on Broadcom’s latest earnings release for the quarter ending May 4, the company reported a quarterly revenue of $15 billion and a net profit of $4.97 billion. In comparison, last year the company earned a revenue of $12.49 billion and had a net profit of $2.12 billion

Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AVGO in relation to earlier this year. Most recently, in June 2025, Gayla Delly, a Director at AVGO sold 3,000.00 shares for a total of $795,390.00.