Key facts
- BNP Paribas Exane raised Broadcom's stock price target to $640.
- Broadcom declared a dividend of $0.65 per share.
- Broadcom reported Q2 FY2026 revenue of $22,187 million, up 48% year-over-year.
- Q2 FY2026 GAAP net income was $9,310 million.
Broadcom price target raised to $640 by BNP Paribas Exane
IN SHORT
BNP Paribas Exane has increased its price target for Broadcom to $640, signaling a positive outlook on the company's stock performance.
Key Numbers
$640Broadcom stock price target
$0.65Broadcom dividend per share
$22,187 millionQ2 FY2026 revenue
48 percentYear-over-year revenue growth
$9,310 millionQ2 FY2026 GAAP net income
$12,074 millionQ2 FY2026 non-GAAP net income
Who's Involved
BNP Paribas Exane
Analyst firm that raised Broadcom's price target
Broadcom Inc.
Technology company announcing financial results and dividend
↳ Why This Matters
The increase in Broadcom's stock price target by BNP Paribas Exane, coupled with strong quarterly results and a dividend declaration, suggests continued investor confidence in the company's growth prospects and financial health.