Broadcom Stock Rips On Q1 Earnings Beat, Better-Than-Expected Guidance: Retail Turns Extremely Bullish
From StockTwits: 2025-03-07 00:56:15
Broadcom’s Q1 earnings exceeded expectations, with EPS at $1.60 and revenue hitting $14.92 billion, up 25% YoY. AI segment grew 77% to $4.1 billion, while infrastructure segment saw a 47% increase to $6.7 billion. Free cash flow rose 28% to $6 billion. CEO Hock Tan expects AI revenue to reach $4.4 billion in Q2. Stock surged 13% in after-hours trading. Retail sentiment turned ‘extremely bullish’ on Stocktwits. Average price target is $246.58, with 29 ‘Buy’ ratings. Stock has gained 28% in the past year. Users optimistic for future rally.
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