Broadcom expected to report strong Q2 earnings driven by growth in AI solutions, positive outlook

From Nasdaq: 2025-04-30 09:30:00

Broadcom Inc. (AVGO) is set to report Q2 earnings on June 11, with analysts expecting a profit of $1.34 per share, up 54% from the year-ago quarter. AVGO has consistently exceeded earnings estimates, with recent EPS of $1.40 driven by growth in AI semiconductor solutions and infrastructure software.

Analysts forecast AVGO to report EPS of $5.69 for the current year, a 53.4% increase from fiscal 2024, and expected earnings to reach $6.93 per share in fiscal 2026. Over the past year, AVGO shares surged 42.8%, outperforming the S&P 500 Index and Technology Select Sector SPDR Fund.

Despite a slight decline after news of Huawei’s AI processor test, AVGO stock maintains a strong “Strong Buy” rating from analysts. Of the 31 analysts covering the stock, 28 recommend a “Strong Buy,” with a mean price target of $242.19, indicating a potential 26.7% upside from current levels.



Read more at Nasdaq: What to Expect From Broadcom’s Q2 2025 Earnings Report