By Rafael Müller
Publication Date: 2026-10-01 07:32:00
Broadcom (ISIN US11135F1012) has an average 12-month price target of USD 527.20 from 41 brokerages, which assign the stock a Moderate Buy consensus on September 29, 2026, according to MarketBeat. The target gives analysts a concrete benchmark while Broadcom’s latest results provide the operating backdrop.
Revenue reaches USD 29.59 billion
Broadcom reported fiscal third-quarter revenue of USD 29.59 billion on September 2, 2026, up 85.50 percent from the same period a year earlier. The company also reported quarterly earnings per share of USD 3.32 against a consensus estimate of USD 3.22, a USD 0.10 difference, as The Globe and Mail reported from the company update.
AI semiconductor revenue reached USD 16.70 billion in fiscal third quarter, up 221.00 percent year over year. Management guided fourth-quarter revenue to USD 34.80 billion, up 93.00 percent year over year, while non-GAAP operating margin guidance stood at 66.00 percent, according to The Globe and Mail.
