Broadcom Inc (AVGO) is set to report its Q4 earnings with strong momentum from record-breaking performance in 2025, driven by AI demand and XPU wins. Stock has climbed 64.5% YTD, predicting a 40% upside. The company reported a record $16 billion in Q3 revenue, with a $110 billion backlog. A fourth XPU customer has changed growth forecasts for 2026, with revenue expected to climb by 24% YoY in Q4. Wall Street analysts are bullish on AVGO, predicting a potential 43% increase from current levels. AVGO remains a compelling growth stock for investors interested in AI infrastructure and enterprise software.
Read more at Barchart: Dear AVGO Stock Fans, Mark Your Calendars for December 11
