finance.biggo.com

Broadcom Raises AI Revenue Outlook as Cantor Lifts Price Target to $600

Broadcom logoBroadcom
Sig2.40Sen+6.20Env0.00Soc0.00Gov0.00

Broadcom set a September 3 price-target update implying about 68% upside, as it reported $29.59B quarterly revenue and $3.32 adjusted EPS, both above consensus. Management lifted fiscal 2027 AI revenue guidance to $115B and introduced a first fiscal 2028 AI projection of $230B, raising total 2028 revenue to about $285B, while fourth-quarter revenue guidance of ~$34.8B slightly missed expectations amid noted supply constraints.

Coverage (1)

ABOUT

What is Fimmer?

Most feeds treat all company headlines the same. An executive interview, an office closure, stock analysis, and a data breach can sit side by side with no sense of scale. Fimmer ranks coverage by what matters, so important events stand out and signals are prioritised over noise. We cluster related company news and score each story using a range of metrics, so you see the most crucial stories first.

SCORING

What do the scores mean?

Significance (0–10) measures the scale of the real-world impact. Sentiment and ESG (−10 to +10) indicate the tone of the coverage and whether the change relates to environmental, social, or governance factors. Together, these scores help distinguish meaningful developments from routine company news. More information about our scoring methodology can be found on our About page.

DISCOVERY

Explore more on Fimmer

Search more than 10,000 public companies, browse the company index, explore their scores, and read the coverage behind them, with our core features available to everyone for free.

For more advanced features, Pro gives you access to dynamic feeds, custom sorting, and more ways to track the companies that matter to you.

More with Pro