By Unknown
Publication Date: 2026-09-04 23:37:00
Broadcom AVGO) delivered another outstanding quarter on Wednesday evening this week, but even exceptional growth wasn’t enough to satisfy the market’s lofty expectations.
AVGO shares fell nearly 3% following the report and are now down almost 15% over the last month at around $358 a share, leaving the stock more than 25% below its all-time high reached in June.
The pullback may look tempting considering Broadcom’s rapidly expanding artificial intelligence business, but investors should weigh the chip giant’s tremendous growth prospects against a valuation that still prices in plenty of future success.
Image Source: Zacks Investment Research
Broadcom’s Growth Remains Exceptional
Broadcom’s fiscal Q3 revenue soared 85% year over year to a record $29.59 billion, while adjusted earnings nearly doubled to $3.32 per share. The results topped Wall Street’s sales and EPS expectations by 0.41% and 3.11%, respectively.
Furthermore, free cash flow was equally impressive, surging 95% to $13.7…
