Broadcom Stock Targets $435 as AI Revenue Set to Double

As U.S. markets observed Thanksgiving holiday closures, Broadcom captured investor attention ahead of the shortened Black Friday trading session. The catalyst emerged from Goldman Sachs, where analysts significantly raised their price target for the semiconductor giant based on projections that artificial intelligence revenues could more than double by 2026. This development positions Broadcom's shares to potentially breach the psychologically significant $400 threshold.

Broadcom's stock responded immediately to the optimistic analyst outlook, advancing approximately 3.3% to reach $397.57 in recent trading. European markets witnessed fresh record levels around €342.75. Having fully recovered from October's correction, the stock now approaches what chart analysts describe as "blue sky" territory—indicating minimal technical resistance ahead.

The impending test arrives on December 11, 2025, when Broadcom discloses fourth-quarter financial results. Given current valuations, market participants anticipate management will not only exceed expectations but also substantiate aggressive growth projections with concrete performance metrics.

Goldman Sachs Elevates Price Target to $435

Goldman Sachs has adopted an notably bullish stance toward Broadcom. Equity research analyst James Schneider elevated the firm's price objective from $380 to a substantial $435, signaling Broadcom's distinctive positioning within the artificial intelligence semiconductor landscape rather than merely participating in the broader sector trend.

Should investors sell immediately? Or is it worth buying Broadcom?

This optimism stems from unprecedented demand for custom silicon solutions developed for hyperscale computing providers. While numerous semiconductor equities face cyclical concerns, Broadcom benefits from its strategic partnerships with technology titans. Goldman Sachs forecasts Broadcom's AI-related revenue will more than double in fiscal year 2026 compared to prior-year performance, substantially exceeding current market expectations.

Google Partnership Demonstrates Exponential Growth

The collaboration with Alphabet's Google subsidiary reveals particularly impressive dimensions. Morgan Stanley estimates indicate Broadcom manufactured approximately 1.8 million Tensor Processing Units (TPUs) for Google during 2025 alone. These specialized chips power Google's latest artificial intelligence model "Gemini 3" and demonstrate competitive efficiency against rival solutions from Nvidia.

Market analysts project TPU production volumes could escalate to 3 million units by 2027. This trajectory provides Broadcom with stable, predictable cash flows distinct from volatile standard semiconductor operations—a crucial advantage during periods of economic uncertainty.