Broadcom Shares Rise 5% Post Q1 Earnings: Buy, Sell or Hold?

Key Takeaways AVGO Q1'26 EPS of $2.05 top estimates, as revenue rose 29.5% y/y to $19.31B on AI-driven semiconductor demand.AVGO expects Q2'26 revenues of $22B, with AI revenues of $10.7B rising 140% y/y. AVGO soars 69.7% in a year, but premium valuation and a weaker non-AI revenue make the stock risky.Broadcom (AVGO) shares appreciated 4.8% post the first-quarter fiscal 2026 results reported on Wednesday. The company registered non-GAAP earnings of $2.05 per share, beating the Zacks Consensus Estimate by 0 ...