By Zacks Equity Research
Publication Date: 2025-11-11 22:45:00
Broadcom Inc. (AVGO) ended the recent trading session at $351.96, demonstrating a -1.79% change from the preceding day’s closing price. The stock’s change was less than the S&P 500’s daily gain of 0.21%. On the other hand, the Dow registered a gain of 1.18%, and the technology-centric Nasdaq decreased by 0.25%.
Shares of the chipmaker witnessed a gain of 0.47% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 6.68%, and the S&P 500’s gain of 4.36%.
Market participants will be closely following the financial results of Broadcom Inc. in its upcoming release. The company is forecasted to report an EPS of $1.87, showcasing a 31.69% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $17.5 billion, indicating a 24.49% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are…