Equities Analysts Offer Predictions for Broadcom Q2 Earnings

Broadcom Inc. (NASDAQ:AVGO - Free Report) - Stock analysts at Zacks Research increased their Q2 2025 earnings per share estimates for shares of Broadcom in a research report issued to clients and investors on Thursday, January 2nd. Zacks Research analyst A. Ganguly now forecasts that the semiconductor manufacturer will post earnings of $1.16 per share for the quarter, up from their prior estimate of $1.10. The consensus estimate for Broadcom's current full-year earnings is $3.79 per share. Zacks Research also issued estimates for Broadcom's FY2025 earnings at $4.92 EPS, Q1 2026 earnings at $1.33 EPS and FY2026 earnings at $5.47 EPS.

A number of other equities research analysts also recently commented on AVGO. Deutsche Bank Aktiengesellschaft increased their price objective on Broadcom from $190.00 to $240.00 and gave the company a "buy" rating in a research report on Friday, December 13th. Piper Sandler increased their price target on Broadcom from $200.00 to $250.00 and gave the company an "overweight" rating in a research report on Friday, December 13th. Robert W. Baird lifted their price target on Broadcom from $195.00 to $210.00 and gave the stock an "outperform" rating in a research note on Friday, December 13th. Susquehanna upped their price objective on shares of Broadcom from $200.00 to $225.00 and gave the company a "positive" rating in a research note on Friday, December 13th. Finally, Barclays lifted their target price on shares of Broadcom from $200.00 to $205.00 and gave the stock an "overweight" rating in a research report on Monday, December 16th. Three analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the stock. Based on data from MarketBeat, Broadcom has an average rating of "Moderate Buy" and an average price target of $221.88.

Broadcom Price Performance

AVGO stock traded up $3.86 on Monday, hitting $236.41. 33,978,144 shares of the company's stock traded hands, compared to its average volume of 30,154,039. The company has a current ratio of 1.04, a quick ratio of 0.94 and a debt-to-equity ratio of 1.02. The stock has a market cap of $1.11 trillion, a price-to-earnings ratio of 205.40, a P/E/G ratio of 2.15 and a beta of 1.03. Broadcom has a 1-year low of $105.20 and a 1-year high of $251.88. The stock has a fifty day moving average of $192.56 and a 200-day moving average of $174.24.

Broadcom (NASDAQ:AVGO - Get Free Report) last released its earnings results on Thursday, December 12th. The semiconductor manufacturer reported $1.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.39 by $0.03. Broadcom had a return on equity of 30.12% and a net margin of 10.88%. The firm had revenue of $14.05 billion for the quarter, compared to analyst estimates of $14.07 billion. During the same period in the previous year, the company earned $0.98 earnings per share. Broadcom's revenue was up 51.2% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Richardson Financial Services Inc. boosted its stake in Broadcom by 2.4% during the 3rd quarter. Richardson Financial Services Inc. now owns 2,507 shares of the semiconductor manufacturer's stock valued at $415,000 after purchasing an additional 59 shares during the period. Delta Investment Management LLC boosted its position in shares of Broadcom by 14.9% in the second quarter. Delta Investment Management LLC now owns 510 shares of the semiconductor manufacturer's stock valued at $818,000 after acquiring an additional 66 shares during the period. Raab & Moskowitz Asset Management LLC grew its stake in shares of Broadcom by 6.2% in the second quarter. Raab & Moskowitz Asset Management LLC now owns 1,156 shares of the semiconductor manufacturer's stock worth $1,856,000 after acquiring an additional 67 shares during the last quarter. Decatur Capital Management Inc. increased its position in Broadcom by 2.2% during the second quarter. Decatur Capital Management Inc. now owns 3,166 shares of the semiconductor manufacturer's stock worth $5,083,000 after acquiring an additional 68 shares during the period. Finally, Kathmere Capital Management LLC raised its stake in Broadcom by 11.3% during the 2nd quarter. Kathmere Capital Management LLC now owns 672 shares of the semiconductor manufacturer's stock valued at $1,079,000 after purchasing an additional 68 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company's stock.

Insider Buying and Selling

In other news, insider Charlie B. Kawwas sold 40,000 shares of the business's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $231.98, for a total value of $9,279,200.00. Following the completion of the sale, the insider now directly owns 696,730 shares in the company, valued at approximately $161,627,425.40. The trade was a 5.43 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Harry L. You sold 6,540 shares of the firm's stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $240.00, for a total transaction of $1,569,600.00. Following the completion of the transaction, the director now owns 30,450 shares in the company, valued at $7,308,000. The trade was a 17.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 174,128 shares of company stock worth $39,099,840. Corporate insiders own 2.00% of the company's stock.

Broadcom Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Broadcom's previous quarterly dividend of $0.53. Broadcom's payout ratio is presently 191.87%.

About Broadcom

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.