Oksana Koneva

AVGO earnings beat and strong EPS projections discussed, Amit Kukreja notes

AVGO earnings beat and strong EPS projections discussed, Amit Kukreja notes
AVGO strong earnings drive bullish forecasts

Amit Kukreja, stock market analyst, highlights that AVGO reported outstanding earnings. Kukreja details scenarios where, if the company achieves $30 of EPS by FY 28, and applies a 20x multiple, AVGO could reach a $600 valuation, or $450 with a 15x multiple. He adds that higher EPS, in the $40–$50 range, could lead to even greater upside if current multiples hold.

Kukreja has recently commented on other sectors, noting that Applovin's mobile gaming ad business remains highly profitable with a daily user base of one billion. He has also highlighted reports of a proposed U.S. deal to Iran aimed at reopening the Strait of Hormuz in exchange for an end to proxy attacks. These previous analyses reflect his ongoing focus on financial performance and geopolitical developments.

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