Broadcom guides to big numbers but investors wanted more. Why we're OK to hold for now

* Broadcom beat Q3 estimates with $29.59B revenue and $3.32 EPS. * Raised AI revenue outlook to $115B for FY27 and $230B for FY28. * Adjusted price target to $430 and maintained hold rating. Broadcom beat fiscal Q3 estimates, reporting $29.59B revenue (+85% YoY) and $3.32 adjusted EPS. AI revenue guidance lifted to $58B for FY26, $115B for FY27, and $230B for FY28. Management cited supply and infrastructure limits but highlighted deals with Google, Anthropic, OpenAI, and Meta. Fiscal Q4 revenue guided at $34.8B with 66% operating margin. Shares fell modestly in after-hours trading, and the price target was cut to $430 with a hold rating due to valuation concerns.