Broadcom (AVGO) to Release Quarterly Earnings on Wednesday

Key Points

• Broadcom is scheduled to report Q2 2026 earnings after the market closes on Wednesday, June 3, with analysts expecting $2.40 EPS and $22.04 billion in revenue.
• The company’s last quarter beat expectations, posting $2.05 EPS on $19.31 billion in revenue, while revenue rose 29.5% from a year earlier, showing continued growth momentum.
• Recent headlines have kept Broadcom in focus as a beneficiary of AI infrastructure spending, including new AI networking products and commentary that hyperscalers are likely to keep outsourcing specialized chips to the company.

Broadcom (NASDAQ:AVGO - Get Free Report) is projected to announce its Q2 2026 results after the market closes on Wednesday, June 3rd. Analysts expect the company to announce earnings of $2.40 per share and revenue of $22.0395 billion for the quarter. Investors can check the company's upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, June 3, 2026 at 5:00 PM ET.

Broadcom (NASDAQ:AVGO - Get Free Report) last announced its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping analysts' consensus estimates of $2.03 by $0.02. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The company had revenue of $19.31 billion for the quarter, compared to analysts' expectations of $19.10 billion. During the same period last year, the firm earned $1.60 EPS. Broadcom's revenue for the quarter was up 29.5% compared to the same quarter last year. On average, analysts expect Broadcom to post $10 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Broadcom Price Performance

Shares of Broadcom stock opened at $422.01 on Wednesday. Broadcom has a one year low of $231.13 and a one year high of $442.36. The stock's fifty day moving average is $376.86 and its 200 day moving average is $356.93. The stock has a market cap of $2.00 trillion, a P/E ratio of 82.42, a P/E/G ratio of 0.86 and a beta of 1.43. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90.

Broadcom Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom's dividend payout ratio (DPR) is currently 50.78%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom unveiled the industry’s first end-to-end 50G PON edge AI portfolio, led by the BCM68850 home gateway SoC with an integrated NPU and native Wi‑Fi 8 support, underscoring demand for its AI-enabled networking products. Article Title
• Positive Sentiment: Several articles highlighted Broadcom as a major beneficiary of AI infrastructure spending, with commentary pointing to strong custom silicon partnerships and growing confidence that hyperscalers will keep outsourcing specialized chips to AVGO. Article Title
• Positive Sentiment: Investor attention also turned to Broadcom after reports that billionaire Stanley Druckenmiller sold other AI names and bought Broadcom instead, a sentiment signal that can encourage more buying. Article Title
• Positive Sentiment: Broadcom was repeatedly framed as a core AI networking winner, with commentary suggesting the market is rewarding companies tied to the AI chip and infrastructure cycle. Article Title
• Neutral Sentiment: Analyst-style coverage ahead of Broadcom’s next earnings report is keeping attention on results and management commentary, but this is more of a watch item than an immediate stock driver. Article Title
• Neutral Sentiment: One commentary piece suggested Broadcom could have further upside if AI infrastructure demand keeps accelerating, but this was largely a valuation and price-target discussion rather than new company-specific news. Article Title

Insider Buying and Selling

In related news, insider Mark David Brazeal sold 50,488 shares of Broadcom stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $16,236,940.80. Following the completion of the transaction, the insider owned 278,141 shares in the company, valued at approximately $89,450,145.60. This trade represents a 15.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Kirsten M. Spears sold 36,292 shares of the business's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total value of $11,671,507.20. Following the transaction, the chief financial officer owned 327,760 shares of the company's stock, valued at $105,407,616. This trade represents a 9.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 324,282 shares of company stock worth $106,425,249. Insiders own 1.90% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Pinnacle Financial Partners Inc. raised its stake in shares of Broadcom by 3.0% during the third quarter. Pinnacle Financial Partners Inc. now owns 53,093 shares of the semiconductor manufacturer's stock valued at $17,516,000 after acquiring an additional 1,539 shares in the last quarter. Brighton Jones LLC raised its stake in shares of Broadcom by 21.8% during the fourth quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer's stock valued at $6,882,000 after acquiring an additional 5,322 shares in the last quarter. Schnieders Capital Management LLC. raised its stake in shares of Broadcom by 59.2% during the second quarter. Schnieders Capital Management LLC. now owns 14,518 shares of the semiconductor manufacturer's stock valued at $4,002,000 after acquiring an additional 5,400 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Broadcom by 10.1% during the second quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer's stock valued at $3,499,000 after acquiring an additional 1,160 shares in the last quarter. Finally, Revolve Wealth Partners LLC raised its stake in shares of Broadcom by 10.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer's stock valued at $1,854,000 after acquiring an additional 756 shares in the last quarter. Hedge funds and other institutional investors own 76.43% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on AVGO shares. Rosenblatt Securities reaffirmed a "buy" rating and issued a $500.00 target price on shares of Broadcom in a report on Tuesday, April 7th. Zacks Research cut Broadcom from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 21st. Bank of America cut their price target on Broadcom from $500.00 to $450.00 and set a "buy" rating for the company in a research note on Thursday, March 5th. Evercore reissued an "outperform" rating and set a $582.00 price target on shares of Broadcom in a report on Tuesday, May 19th. Finally, Mizuho reissued an "outperform" rating and set a $480.00 price target on shares of Broadcom in a report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Broadcom has a consensus rating of "Moderate Buy" and a consensus target price of $448.10.

About Broadcom

Broadcom Inc NASDAQ: AVGO is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company's semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom's portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.

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