Analysts Call Broadcom a ‘Must Own’ Stock in 2025

Broadcom (AVGO), a powerhouse in semiconductors and infrastructure software, has long been a Wall Street favorite. It reignited investor enthusiasm with its strong first-quarter fiscal 2025 earnings results, driven by an aggressive forecast for custom AI chips and solid financials. The company has also announced two new application-specific integrated circuits (ASICs) design wins, expected to enter production in 2027, adding to its already impressive $60 billion to $90 billion total addressable market target. 

While these initiatives, combined with increased spending from cloud hyperscalers on networking, position Broadcom for sustained growth, the company is also working closely with two major hyperscalers to develop customized AI accelerators, further broadening its market reach. Analysts, including those from Mizuho, have responded favorably, calling AVGO a “must-own” stock for 2025, highlighting its key role in the AI revolution.