Broadcom FY2026 EPS Forecast Lifted by Erste Group Bank

Broadcom Inc. (NASDAQ:AVGO) – Investment analysts at Erste Group Bank upped their FY2026 earnings estimates for shares of Broadcom in a research note issued on Thursday, June 25th. Erste Group Bank analyst H. Engel now anticipates that the semiconductor manufacturer will post earnings of $10.09 per share for the year, up from their prior estimate of $10.07. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Broadcom’s current full-year earnings is $10.24 per share. Erste Group Bank also issued estimates for Broadcom’s FY2027 earnings at $17.59 EPS.

A number of other equities analysts have also recently weighed in on the company. Rosenblatt Securities reissued a “buy” rating and set a $500.00 price objective on shares of Broadcom in a report on Thursday, June 4th. TD Cowen reaffirmed a “buy” rating and issued a $500.00 target price on shares of Broadcom in a research note on Thursday, June 4th. Zacks Research cut shares of Broadcom from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Royal Bank Of Canada increased their price target on shares of Broadcom from $360.00 to $400.00 and gave the company a “sector perform” rating in a research report on Thursday, June 4th. Finally, Morgan Stanley set a $502.00 price target on shares of Broadcom and gave the stock an “overweight” rating in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $493.24.

Broadcom Trading Up 2.0%

NASDAQ AVGO opened at $372.45 on Tuesday. The stock’s 50-day simple moving average is $411.18 and its two-hundred day simple moving average is $362.85. Broadcom has a twelve month low of $262.66 and a twelve month high of $495.00. The company has a quick ratio of 2.01, a current ratio of 2.24 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $1.77 trillion, a price-to-earnings ratio of 62.08, a PEG ratio of 0.64 and a beta of 1.41.

Broadcom (NASDAQ:AVGO) last announced its earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.04. The company had revenue of $22.19 billion during the quarter, compared to analyst estimates of $22.13 billion. Broadcom had a net margin of 38.85% and a return on equity of 41.61%. The firm’s quarterly revenue was up 47.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.58 earnings per share.

Institutional Trading of Broadcom

Several large investors have recently modified their holdings of the business. Brown Brothers Harriman & Co. grew its stake in shares of Broadcom by 10.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 77,411 shares of the semiconductor manufacturer’s stock worth $25,539,000 after buying an additional 7,499 shares during the last quarter. Sovran Advisors LLC raised its stake in Broadcom by 121.3% during the fourth quarter. Sovran Advisors LLC now owns 30,631 shares of the semiconductor manufacturer’s stock valued at $10,507,000 after buying an additional 16,789 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Broadcom by 406.1% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 11,994 shares of the semiconductor manufacturer’s stock worth $4,151,000 after acquiring an additional 9,624 shares in the last quarter. Aspiriant LLC grew its stake in shares of Broadcom by 18.5% in the fourth quarter. Aspiriant LLC now owns 12,016 shares of the semiconductor manufacturer’s stock worth $4,158,000 after acquiring an additional 1,872 shares during the last quarter. Finally, World Investment Advisors grew its stake in shares of Broadcom by 16.1% in the fourth quarter. World Investment Advisors now owns 177,710 shares of the semiconductor manufacturer’s stock worth $61,505,000 after acquiring an additional 24,703 shares during the last quarter. 76.43% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Broadcom news, Director Justine Page sold 2,018 shares of the firm’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $353.00, for a total value of $712,354.00. Following the sale, the director owned 18,164 shares of the company’s stock, valued at $6,411,892. This trade represents a 10.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Charlie B. Kawwas sold 10,000 shares of the business’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $345.23, for a total transaction of $3,452,300.00. Following the completion of the transaction, the insider owned 787,184 shares in the company, valued at $271,759,532.32. The trade was a 1.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 59,385 shares of company stock valued at $21,301,057 over the last quarter. Company insiders own 1.90% of the company’s stock.

Broadcom Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 22nd will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, June 22nd. Broadcom’s payout ratio is presently 43.33%.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s new Jalapeño AI accelerator partnership with OpenAI is the biggest catalyst in the news flow. The chip is already running GPT-5.3-Codex-Spark workloads in production, reinforcing Broadcom’s position as a major supplier of custom AI silicon and networking for hyperscalers.
• Positive Sentiment: Several articles highlighted Broadcom as a top AI infrastructure play and a “must-buy” stock for the second half of 2026, reflecting ongoing investor enthusiasm for its growth potential.
• Positive Sentiment: Long-term shareholders also have a near-term income tailwind, since Broadcom’s next dividend is due on June 30 and the company has kept a 16-year payout streak intact.
• Positive Sentiment: Investor interest is being reinforced by high-profile buying, including a report that Stanley Druckenmiller bought 196,000 shares of Broadcom as part of a rotation away from Nvidia.
• Neutral Sentiment: Broadcom’s decision to avoid large acquisitions and focus on organic AI development suggests management sees stronger returns from internal growth than from dealmaking, which is strategically important but not an immediate earnings driver.
• Neutral Sentiment: One article warned that the broader AI rally could be vulnerable if “good news” stops moving stocks, a reminder that sentiment across semiconductor names may be fragile even with strong fundamentals.
• Negative Sentiment: Broadcom was also flagged for three large insider sales over the last two weeks, which can weigh on sentiment because investors sometimes read heavy insider selling as a sign of caution.
• Negative Sentiment: Another article noted the stock remains well below its recent peak after a sharp pullback, showing that some investors are taking profits and questioning whether expectations around AI growth have become too high.

About Broadcom

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.