Company Overview - Broadcom Inc. (AVGO) closed at $292.93, reflecting a -1.61% change from the previous day's closing price, underperforming the S&P 500's loss of 0.49% [1] - Over the past month, Broadcom's shares increased by 8.59%, outperforming the Computer and Technology sector's gain of 3.58% and the S&P 500's gain of 0.96% [1] Upcoming Earnings - The earnings report for Broadcom Inc. is scheduled for September 4, 2025, with an expected EPS of $1.66, representing a 33.87% increase from the same quarter last year [2] - The consensus estimate for quarterly revenue is $15.82 billion, indicating a 21.03% rise compared to the previous year [2] Annual Forecast - For the entire year, Zacks Consensus Estimates predict earnings of $6.64 per share and revenue of $62.72 billion, reflecting increases of +36.34% and +21.61% respectively from the prior year [3] - Recent changes in analyst estimates are crucial as they often indicate near-term business trends, with positive revisions suggesting a favorable business outlook [3][4] Zacks Rank and Valuation - Broadcom Inc. currently holds a Zacks Rank of 3 (Hold), with the EPS estimate remaining unchanged over the last 30 days [5] - The company is trading at a Forward P/E ratio of 44.87, which is a premium compared to the industry average Forward P/E of 27.77 [6] - Broadcom's PEG ratio stands at 1.75, slightly above the Electronics - Semiconductors industry's average PEG ratio of 1.7 [6] Industry Context - The Electronics - Semiconductors industry is part of the Computer and Technology sector and has a Zacks Industry Rank of 148, placing it in the bottom 41% of over 250 industries [7] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating potential challenges for the industry [7]
Broadcom Inc. (AVGO) Falls More Steeply Than Broader Market: What Investors Need to Know