AVGO
Broadcom Stock Hits Record High Ahead of Earnings
Article Summary
BUY- Broadcom Inc. (NASDAQ: AVGO) is trading at record highs ahead of its earnings report, with shares up 3.4% to $462.03 after Nvidia's latest AI chip announcement boosted sentiment across semiconductor sector.
- Analysts expect earnings of $2.40 per share on revenue of $22.02 billion, representing year-over-year growth of 51.9% and 46.8% respectively.
- The stock has added 33.5% in 2026 and nearly 91% over the last 12 months, with options traders pricing in a 17.6% next-day swing substantially larger than the stock's historical earnings move of 10.8%.
- Broadcom has closed four of its last eight post-earnings sessions higher, with analyst sentiment overwhelmingly bullish, with 34 out of 42 brokerages in coverage carrying a strong buy rating compared to three buy ratings and five hold ratings.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 25.2% | 25% | 75.0 ptsVery Good (25.2%) - Solid growth |
| EPS Growth Next 5Y ? | 50.6% | 25% | 100.0 ptsExceptional (50.6%) - Very high expectations |
| Target Price Upside ? | 5.2% | 20% | 35.0 ptsBelow Screener (5.2%) - Target: $483.95 vs Current: $459.97 |
| Gross Margin % ? | 65.0% | 15% | 80.0 ptsVery Healthy (65.0%) - High-quality margins |
| Drawdown from 52-Wk High ? | 2.5% | 15% | 20.0 ptsBarely a Dip (2.5%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About AVGO
- Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally.
- The company operates in two segments: Semiconductor Solutions and Infrastructure Software.
- The company offers networking connectivity, such as custom silicon solutions, ethernet switching & routing, ethernet NIC controllers, physical layer devices, and fiber optic components; wireless device connectivity, including RF semiconductor devices, connectivity solutions, custom touch controllers, and inductive charging ASICS; servers and storage system solutions, such as PCIE switches, SAS & raid products, fibre channel products, and HDD & SSD solutions; broadband solutions, includes set-top box, and broadband access; and industrial.
- The company also offers a private cloud software portfolio, including the VMware Cloud Foundation, Edge, vSphere foundation, telco cloud platform, private AI, live recovery, application networking and security, application development and data services; mainframe software, such as AIOPS & automation, database & data management, DEVX & DEVOPS, cybersecurity & compliance management, beyond code programs, foundational & open mainframe solutions; cybersecurity, such as endpoint, network, information, application security, and identity & access management; enterprise software; and fc san management.
- Its products are used in various applications in enterprise and data center networking, including artificial intelligence networking and connectivity, home connectivity, set-top boxes, broadband access, telecommunication equipment, wireless device and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays.
- Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.