AVGO Earnings
Wednesday, Jun 03 2026
EPS Estimate
$2.40
$2.36 – $2.54
Revenue Estimate
$22.1B
Track Record
4/4 beats
Current Price
$446.77
Our Position
bullish · highBroadcom posts 29.5% revenue growth, AI sales soar
Broadcom's strong AI-driven revenue growth, strategic partnerships, and aggressive buybacks confirm its leadership and financial strength in semiconductor and AI infrastructure markets amid rising investor confidence.
Watch: Watch Broadcom's June 3 Q2 earnings release for confirmation of sustained AI growth and margin stability.
Data Signal Summary
3 bullish
3 bearish
Put/call 0.4 (bullish skew)
Analysts: bearish
Price uptrend
Insider selling
High confidence (0.85)
3 questions avoided
Prior Call Analysis
2026Q1Management communicates with high confidence and specificity, showing strong command and control over messaging with minor evasions on competitive dynamics and margin granularity.
Hedging
0.15
Confidence
0.85
Avoided Qs
3
detailed margin sensitivity around rack shipments
competitive pressures from multiple suppliers at customers
Language shifts vs prior quarter:
- Strong repeated emphasis on strategic, multi-year partnerships with AI customers
- Explicit refutations of analyst skepticism about competition and margin impact
- Consistent preparedness with quantified, confident numeric guidance and line-of-sight statements
- Avoidance of detailed margin impact discussion for new product rack shipments
Key Context
Analyst Consensus
bearish
Insider Activity
selling
Price Trend
uptrend
1-Month Return
+10.2%
From 52w High
0.0%
P/E Ratio
86.9
Analyst Target (mean)
$482 $216–$630 +8%
Options P/C Ratio
0.42 13C/7P unusual
Est. Dispersion
8% 37 analysts
Fund Convergence
strong D.E. Shaw, Citadel, Coatue, Tiger Global, Bridgewater
Recent Activity
analyst ratings
5 ratings
Susquehanna
→Positive
Updated Thursday
UBS
→Buy
13d ago
TD Cowen
→Buy
16d ago
Wells Fargo
→Overweight
17d ago
Citigroup
→Buy
19d ago
material events
Kirsten M. Spears, Chief Financial Officer and Chief Accounting Officer of Broadcom Inc., announced her retirement effective June 12, 2026. Amie Thuen...
SEC↗
60d ago
Eddy W. Hartenstein will retire from Broadcom's Board of Directors at the 2026 annual meeting upon completing his term, in accordance with the company...
SEC↗
91d ago
Broadcom Inc. granted a performance stock unit (PSU) award to its President and CEO, Hock E. Tan, to incentivize him to extend his leadership through ...
SEC↗
265d ago
ae trade
7
4d ago
4d ago
4d ago
congress trade
4
David J. Taylor (Republican-OH) sell $1K-$15K of AVGO
35d ago
Shelley Moore Capito (Republican-WV) sell $1K-$15K of AVGO
49d ago
Ro Khanna (Democrat-CA) buy $1K-$15K of AVGO
49d ago
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