From Nasdaq: 2025-06-03 11:11:00

Broadcom (AVGO) is set to report its second-quarter fiscal 2025 results on June 5, with expected revenues of $14.9 billion, indicating 19.5% growth. Earnings are forecasted at $1.57 per share, a 42.73% increase from the year-ago quarter. AVGO’s strong performance is attributed to expanding AI offerings and infrastructure software growth.

AVGO shares have outperformed the Computer and Technology sector, returning 7.3% year to date. However, the Value Score of D suggests a stretched valuation. Broadcom’s strong AI portfolio, benefiting from partnerships with tech giants like Google and Meta Platforms, is driving long-term growth. The company’s focus on reducing debt and sustaining dividend payouts is noteworthy.

Broadcom’s acquisition of VMware has bolstered its Infrastructure software solutions, with top-line growth expected from strong demand for application-specific integrated chips. The company anticipates massive opportunities in the AI space, with a significant Serviceable Addressable Market projected for fiscal 2027. AVGO’s second-quarter results are eagerly anticipated, with a Zacks Rank #2 (Buy) suggesting a favorable outlook for investors.



Read more at Nasdaq: Is Broadcom Stock a Smart Buy Before Q2 Earnings Report?