Tag: Broadcom
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Broadcom (AVGO) Q3 FY2026 Earnings Review: Drops 51 TP3 T on 3.2x AI Revenue in After-Hour Trading; Why I Valued It at $415
Despite Broadcom (AVGO) exceeding expectations with Q3 FY2026 revenue of $29.59 billion (+861 TP3 T) and non-GAAP EPS of $3.32, the stock price fell 51 TP3 T in after-hours trading. This was because the Q4 guidance of $34.8 billion fell short of the consensus of $35.05 billion by $250 million. The 12-month target price, based on a compromise between a fair forward P/E of 25x and DCF, is $415 (approx. 568,011 KRW), and the investment rating is Buy (Medium confidence).
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Will Broadcom (AVGO) Become the Next Nvidia? Benefits from AI ASICs and Growth Forecast by 2026
Broadcom (AVGO) Latest 2026 Analysis. Q2 FY2026 AI Revenue +1401 YoY Guidance, ultra-long-term AI chip partnerships with Meta and Google, and a $73B backlog make it the biggest beneficiary of AI ASICs. Forward P/E 23.3x, 12-month target price $480, Buy rating.