This Is Not Broadcom’s ‘Nvidia Moment’ Yet
Contributor since 2018 / 17026 Followers
Summary:
- Broadcom Inc.’s stock surged 35% in two days despite a mediocre Q4, as management offered investors a picturesque addressable market forecast for 2027.
- Assuming Broadcom can reach 60% share at a $75B addressable market size, that correlates to approximately $45 billion in AI revenue in 2027/.
- Broadcom’s premium valuation coupled with a fraction of Nvidia’s AI revenue is why this is not yet Broadcom’s Nvidia moment.
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Broadcom Inc.’s (NASDAQ:AVGO) stock surged 35% in two days despite a mediocre fiscal Q4, as management offered investors a picturesque addressable market forecast for 2027. Q4 was not the blowout report the market made it
Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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