昨晚仔細看了一遍AVGO財報。現在我給它2025年底前的估值是270-300

有AVGO的千萬不要因為今天大漲就賣掉。現在想的應該是Buy on Dip。

AVGO 2025 EPS 是6.2， 2026 EPS 是7.3。 But I am expecting wall street to revise these estimate up in next few weeks due to "significantly accelerated XPU outlook" --- CEO is now forecasting 60B to 90B XPU market by 2027.  AVGO  現在全年的XPU revenue 也不過是12B

I expect the above EPS to be adjusted by 10% uplift at minimal, which gives us 6.8 and 8 respectively.

If we apply a moderate PE of 35, we have $238 (which is roughly where AVGO is traded today) for end of 2024, and $280 for end of 2025.

More importantly, their 2027 business will be even stronger, so wall street will look at this as the next growth story in AI chip.