In recent times, Broadcom's stock price has undergone a substantial downward adjustment, capturing the keen interest of optimistic investors on Wall Street. Analysts at JPMorgan have highlighted that this decline in stock price is not indicative of a weakening in the company's fundamental aspects. Instead, it represents a golden chance for investors to make strategic investments. JPMorgan has singled out Broadcom as its premier choice within the semiconductor sector for 2026. Prior to this, JPMorgan had hiked Broadcom's target price from $400 to $475. Morgan Stanley, too, has on multiple occasions raised its target price and kept an overweight rating, anticipating that Broadcom's revenue will surpass the $100 billion mark in 2026.
