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What's Going On With Broadcom Stock Thursday? - Broadcom (NASDAQ:AVGO)
- Thursday Broadcom Inc shares dipped as the company prepared to release fiscal fourth-quarter results after the U.S. market close, with intraday price $405.23 and volume 18.3 million shares.
- Investors are cautious ahead of the report, awaiting clarity on AI revenue growth trajectory and fiscal 2026 guidance; the pullback also reflects profit-taking after the recent rally and a weak earnings reaction at Oracle.
- CEO Hock Tan highlighted that AI revenue surged 63% to $5.2 billion in Q3, with projections of $6.2 billion for Q4 and operating cash flow of $7.17 billion.
- Extended trading reacted, with shares rising over 2% after the firm projected first-quarter revenue above estimates, and Broadcom's market cap of $1.91 trillion influences investor focus.
- JPMorgan's Harlan Sur projects $20-21B+ in AI revenues for FY25 and $50B+ for FY26, while UBS and Jefferies expect strong custom-chip growth but warn of margin pressure and valuation risks.
Insights by Ground AI
26 Articles
26 Articles
PR Newswire+13 Reposted by 13 other sources
Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2025 Financial Results and Quarterly Dividend
Revenue of $18,015 million for the fourth quarter, up 28 percent from the prior year period GAAP net income of $8,518 million for the fourth quarter; Non-GAAP...
·United States
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Broadcom (AVGO) Q4 Earnings Coverage
Live Updates Broadcom Shares Down 3% Thursday After Oracle's Earnings Disappoint 19 minutes ago Live Broadcom (Nasdaq: AVGO) reports earnings after the bell tonight, but shares are already on the move this morning. As of 10:15 a.m. ET, shares are down a little more than 3%. Let’s look at why investors are selling off Broadcom shares before it reports earnings today. 1.) Oracle Leads to Tech Sell-Off The biggest st…
·New York, United States
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Coverage Details
Total News Sources26
Leaning Left1Leaning Right2Center9Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 17%
Factuality
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