Broadcom FY2026 EPS Forecast Raised by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has raised its FY2026 earnings per share forecast for Broadcom to $7.44, an increase from the previous estimate of $6.96.
• Broadcom's stock has received multiple upgrades from analysts, with price targets ranging from $300 to $400, reflecting strong market sentiment.
• The company announced a quarterly dividend of $0.59 per share, set to be paid on September 30, 2025, with an annualized yield of 0.7%.

Broadcom Inc. (NASDAQ:AVGO - Free Report) - Stock analysts at Cantor Fitzgerald lifted their FY2026 earnings estimates for Broadcom in a note issued to investors on Friday, September 5th. Cantor Fitzgerald analyst C. Muse now expects that the semiconductor manufacturer will post earnings of $7.44 per share for the year, up from their prior forecast of $6.96. Cantor Fitzgerald has a "Overweight" rating and a $300.00 price objective on the stock. The consensus estimate for Broadcom's current full-year earnings is $5.38 per share.

AVGO has been the topic of a number of other research reports. Evercore ISI reaffirmed an "outperform" rating and set a $342.00 price target (up previously from $304.00) on shares of Broadcom in a research report on Thursday. HSBC raised Broadcom from a "hold" rating to a "buy" rating and set a $400.00 price objective for the company in a report on Tuesday, June 24th. KeyCorp upped their price objective on shares of Broadcom from $330.00 to $400.00 and gave the company an "overweight" rating in a report on Friday. Barclays increased their target price on shares of Broadcom from $265.00 to $400.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Arete Research raised shares of Broadcom to a "strong-buy" rating in a research report on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $351.00.

Broadcom Price Performance

Shares of NASDAQ AVGO opened at $334.89 on Monday. The company has a current ratio of 1.50, a quick ratio of 1.37 and a debt-to-equity ratio of 0.86. The stock has a fifty day simple moving average of $292.09 and a two-hundred day simple moving average of $237.38. Broadcom has a 1-year low of $134.90 and a 1-year high of $356.34. The firm has a market cap of $1.58 trillion, a price-to-earnings ratio of 85.43, a price-to-earnings-growth ratio of 2.38 and a beta of 1.16.

Broadcom (NASDAQ:AVGO - Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The semiconductor manufacturer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.03. The company had revenue of $15.95 billion during the quarter, compared to analyst estimates of $15.82 billion. Broadcom had a net margin of 31.59% and a return on equity of 36.60%. Broadcom's quarterly revenue was up 22.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.24 EPS. Broadcom has set its Q4 2025 guidance at EPS.

Hedge Funds Weigh In On Broadcom

A number of institutional investors have recently added to or reduced their stakes in the business. SevenBridge Financial Group LLC grew its holdings in shares of Broadcom by 21.8% during the second quarter. SevenBridge Financial Group LLC now owns 14,404 shares of the semiconductor manufacturer's stock worth $3,970,000 after purchasing an additional 2,577 shares in the last quarter. American Trust lifted its position in Broadcom by 72.1% during the second quarter. American Trust now owns 9,603 shares of the semiconductor manufacturer's stock valued at $2,647,000 after purchasing an additional 4,023 shares during the last quarter. PVG Asset Management Corp grew its stake in Broadcom by 119.4% in the 2nd quarter. PVG Asset Management Corp now owns 2,874 shares of the semiconductor manufacturer's stock worth $792,000 after buying an additional 1,564 shares in the last quarter. FSC Wealth Advisors LLC bought a new position in shares of Broadcom in the 2nd quarter worth $74,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Broadcom in the 2nd quarter worth $36,000. 76.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Broadcom

In other Broadcom news, CFO Kirsten M. Spears sold 36,350 shares of the firm's stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $261.27, for a total value of $9,497,164.50. Following the completion of the transaction, the chief financial officer directly owned 325,587 shares of the company's stock, valued at $85,066,115.49. This trade represents a 10.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Hock E. Tan sold 40,000 shares of the business's stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $268.29, for a total transaction of $10,731,600.00. Following the transaction, the chief executive officer owned 482,836 shares of the company's stock, valued at $129,540,070.44. This trade represents a 7.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 830,516 shares of company stock worth $217,286,457 in the last ninety days. Insiders own 2.00% of the company's stock.

Broadcom Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 22nd will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $2.36 annualized dividend and a yield of 0.7%. Broadcom's payout ratio is currently 60.20%.

Broadcom Company Profile

Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.

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