Broadcom Inc.’s (NASDAQ:AVGO) upcoming results are set to spotlight the company’s accelerating artificial intelligence business, with investors watching fiscal 2026 revenue guidance and gross margin trends closely.Goldman Sachs analyst James Schneider maintained Broadcom with a Buy and raised the price forecast from $380 to $435.Schneider expects Broadcom’s upcoming results to center on fiscal 2026 AI revenue guidance, along with Alphabet Inc.’s (NASDAQ:GOOGL) Google and OpenAI contributions and the gross m ...

Nvidia rival Broadcom, which counts Google as a major customer, has seen its stock surge recently along with Alphabet's. https://t.co/o9LA6J8IJK ...

Broadcom's ( AVGO ) market cap climbed above $1 trillion at the end of 2024 and has recently overtaken Tesla’s. Over the past five years, its share prices have risen more than tenfold. There are indeed a number ofInvest Heroes LLC is a CIS-based research firm founded in 2018. Since then, we provide equity and fixed income research services which become more and more well-known locally among both professional investors and private clients. Here’s what we do: - Cover top 120+ Russian, US and Chinese stocks - ...

Core Insights - Broadcom's stock has increased by approximately 130% over the past year, driven by strong demand for AI technology and high-performance computing [1][4] - The company specializes in application-specific integrated circuits (ASICs) and is well-positioned to benefit from rising investments in AI infrastructure [1][4] - Broadcom's infrastructure software business provides steady, recurring revenue, complementing the rapid growth of its AI chip segment [2][5] Financial Performance - In Q3 of fiscal 2025, Broadcom reported $16 billion in revenue, marking a 22% increase year-over-year, primarily fueled by demand for AI-focused semiconductors [6] - Semiconductor revenue reached $9.2 billion, a 26% year-over-year increase, with AI chip sales surging 63% to $5.2 billion [7] Strategic Partnerships - Broadcom has established significant partnerships with major tech companies, including a recent agreement with OpenAI to develop custom AI accelerators, enhancing its role as a key partner for hyperscalers [3][4] Market Outlook - As companies increase capital spending on AI data centers and next-generation computing, Broadcom is expected to continue delivering strong growth [4][5] - Despite the positive long-term growth prospects, there are concerns regarding the stock's valuation after a substantial rally [4]

Our view on key metrics and our estimates: We expect sustained AI strength in 4Q, with 1Q guidance above the Street given robust spending at key customers - and we expect updated FY26 AI revenue guidance above 100% YoY. We forecast FY26/27 AI revenue of $45.4 bn/$77.3 bn (+128%/+70% YoY respectively). Items on the call that could move the stock: (1) Updated AI guidance for FY26 - Given positive datapoints from key XPU customer Google and strong results from Nvidia, we believe investors expect an update to A ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.Keybanc cut Workday, Inc. (NASDAQ:WDAY) price target from $285 to $260. Keybanc analyst Jason Celino maintained an Overweight rating. Workday shares closed at $233.69 on Tuesday. See how other analysts view this stock.Considering buying AVGO stock? Here’s what analysts think: Read This Next: Photo via ShutterstockLoading. ...

Core Insights - The article emphasizes the potential for significant growth in investments related to artificial intelligence (AI), with expectations that spending on AI infrastructure will exceed $3 trillion over the next three years [1][2]. Company Summaries Broadcom - Broadcom is highlighted as a leading semiconductor company with a strong history of high double-digit growth in free cash flow, currently at $25 billion, and is expected to grow at an annualized rate of 37% [3][7]. - The company reported a 63% year-over-year increase in AI-related product revenue last quarter, driven by robust demand for advanced chips and networking components [4][6]. - Broadcom's custom AI accelerators are a significant contributor to its AI revenue, and the company is well-positioned due to limited competition in the semiconductor space [6][4]. Microsoft - Microsoft is recognized for its strong position in cloud computing, with a recent 18% year-over-year revenue growth and a 40% increase in Azure revenue, making it one of the fastest-growing cloud providers [8][11]. - The company's cloud services generate recurring revenue, significantly lowering its risk profile, with cloud revenue accounting for approximately two-thirds of its business [9][10]. - Analysts project Microsoft's free cash flow to grow at an annualized rate of 23%, indicating a strong potential for stock appreciation by 2030 [13][12].

Core Insights - Broadcom's shares have surged nearly 70% this year, significantly outperforming the Magnificent 7 members' gains for 2025 [1][5] - The rise in Alphabet's stock has positively impacted Broadcom, as Alphabet is a major customer for Broadcom's AI chips [2][3] Company Performance - Alphabet's stock has increased approximately 17% since Berkshire Hathaway disclosed its stake in the company, reaching a new high [4] - Broadcom's stock has climbed about 12% in the same timeframe, nearing its all-time high [5] - Broadcom is currently one of the top performers in the S&P 500, surpassing Nvidia's 33% increase in 2025 [5][7] Market Dynamics - The positive developments for Alphabet, including a vote of confidence from Berkshire Hathaway and a favorable reception for its latest AI model, have contributed to the stock's rise [3][4] - Bernstein analysts suggest that Broadcom could benefit from a potential chip deal between Meta and Google, reinforcing its position as a key supplier [6][8] Analyst Outlook - Bernstein maintains an "outperform" rating for Broadcom with a target price of $400, indicating confidence in the stock despite its rising valuation [8] - Analysts believe that the current market dynamics favor Broadcom, while also expressing optimism for Nvidia's future performance due to ongoing demand for AI hardware [9]

Group 1: Market Position and Potential - Certain Wall Street analysts expect Broadcom and Meta Platforms to join the $2 trillion club, which currently includes Nvidia, Apple, Alphabet, Microsoft, and Amazon [1] - Broadcom is well positioned to benefit from artificial intelligence (AI) due to its leading market position in high-speed Ethernet switching and routing chips, as well as application-specific integrated circuits (ASICs) designed for AI workloads [2][3] Group 2: Financial Performance - Broadcom reported a 22% increase in revenue to $16 billion, driven by strong sales in custom AI and networking chips, and a 36% increase in non-GAAP earnings per share to $1.69 [4] - Meta Platforms experienced a 26% revenue increase to $51 billion, with GAAP net income rising 20% to $7.25 per diluted share [9] Group 3: Future Growth Estimates - Wall Street estimates Broadcom's adjusted earnings will grow at 31% annually through 2028, making its current valuation of 60 times earnings appear reasonable [5] - Meta Platforms' earnings are expected to increase at 16% annually over the next three years, with a current valuation of 28 times earnings [10] Group 4: Analyst Target Prices - Blayne Curtis at Jefferies has set a target price of $480 per share for Broadcom, indicating a 29% upside from its current price of $373 [7] - Scott Devitt at Wedbush has assigned a target price of $920 per share for Meta Platforms, suggesting a 47% upside from its current price of $627 [7]

Core Viewpoint - The UK Competition and Markets Authority (CMA) has approved Broadcom's acquisition of VMware after a second-phase investigation, indicating that the deal will not harm competition in the computer server market [1] Group 1: Acquisition Details - Broadcom announced its intention to acquire VMware for approximately $61 billion, marking one of the largest technology deals in history [1] - The acquisition aims to strengthen Broadcom's position as a formidable competitor in the software sector [1] Group 2: Regulatory Investigation - The CMA initially expressed concerns in March about potential negative impacts on market competition, specifically that the deal could make computer servers more expensive for UK businesses [1] - Following a thorough investigation, the CMA concluded that the acquisition would not weaken competition in the computer server market [1] Group 3: Timeline and Extensions - Broadcom and VMware originally planned to complete the transaction by May 26 of this year, but they agreed to extend the deadline by one year to await the outcome of regulatory reviews [1]