Is Broadcom Inc. (NASDAQ:AVGO) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Broadcom Inc. at current levels.
The custom AI silicon business is becoming a Nvidia-scale franchise hiding inside a $2T conglomerate, and the market still treats it like a chip company.
Where AVGO is headed
By the back half of 2027, Broadcom's custom XPU business should be running at a $40-50B annual revenue clip, with three named hyperscaler customers (Google's TPU, Meta's MTIA, ByteDance) plus at least two more committed (OpenAI's silicon program is the obvious one, with Apple's server-side ambitions a darker horse). That's not a side bet anymore. That's roughly the size of Nvidia's entire data centre business in 2023. The networking franchise (Tomahawk, Jericho, Thor) becomes the default fabric stitching those custom accelerator clusters together, because no hyperscaler wants Nvidia's NVLink locking them in when they've spent five years building their own silicon to escape exactly that.
Read the full Compass Direction on AVGO
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $392.16).
See the full AVGO analysisGet calls like this, free
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Frequently asked questions
Is Broadcom Inc. (NASDAQ:AVGO) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Broadcom Inc. at current levels. The custom AI silicon business is becoming a Nvidia-scale franchise hiding inside a $2T conglomerate, and the market still treats it like a chip company.
What is AVGO's Compass Score?
Broadcom Inc. scores 87/100 on Alexandria's Compass, placing it in the "True North" tier. Scores blend eight factors and update weekly.
What is the price target for AVGO?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the AVGO page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.