By Zacks Equity Research
Publication Date: 2026-05-04 21:45:00
In the latest close session, Broadcom Inc. (AVGO) was down 1.56% at $414.71. This change lagged the S&P 500’s daily loss of 0.41%. On the other hand, the Dow registered a loss of 1.13%, and the technology-centric Nasdaq decreased by 0.19%.
The chipmaker’s stock has climbed by 33.93% in the past month, exceeding the Computer and Technology sector’s gain of 18.71% and the S&P 500’s gain of 10.02%.
Investors will be eagerly watching for the performance of Broadcom Inc. in its upcoming earnings disclosure. The company is expected to report EPS of $2.4, up 51.9% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $22.04 billion, indicating a 46.87% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $11.45 per share and revenue of $102.45 billion, which would represent changes of +67.89% and +60.37%, respectively, from the prior year.
Investors should…
