AVGOBroadcom Inc.
- Next report
- Dec 9
- Wednesday, in 27 days · after the market closes
- EPS expected
- $3.45
- quarter ending Oct 31, 2026
- Last result
- $2.44Beat
- vs $2.02 expected on Jun 3
- Stock move on it
- −12.59%
- one session
- Price
- $364.38
- +5.55% today · $1.76T cap
Past and upcoming reports
2
| Dec 9, 2026 | Oct 31, 2026 | After the market closes | $3.45 | not yet | |
| Jun 3, 2026 | Apr 30, 2026 | After the market closes | $2.02 | Beat$2.44 | −12.59% |
Pre-earnings read
No pre-earnings read for this report
None for this company right now.
After the report
Jun 3, 2026 report
Broadcom beats EPS estimates by 1.78% with AI revenue doubling to $8.4B
Broadcom reported Q1 EPS of $2.44, beating estimates by 1.78%, driven by 143% AI revenue growth to $8.4 billion. Despite margin pressure, management highlighted a $100 billion AI revenue opportunity next year and extended TPU design contracts with Alphabet through 2031. The stock rose 3.62% post-earnings amid a recent analyst downgrade signaling risk.
Reported against expected
BeatReported EPS of $2.44 beat consensus estimate of $2.40 by 1.78%.
Guidance
Management projects $100 billion AI revenue next year and confirmed extended TPU design contracts with Alphabet through 2031, indicating strong AI growth potential.
How the stock reacted
Stock price increased 3.62% to $385.57 on high volume following earnings release.
What changed
EPS beat by 1.78% with AI revenue up 143% to $8.4B and extended Alphabet TPU contracts.
What the price now assumes
3.62% stock rise reflects optimism on AI growth despite margin pressure and recent downgrade risk.
What it means for the business
Maintain constructive bias. monitor upcoming margin trends and AI revenue execution for sustainability.
The next one to three months, as we saw it then
Better case30%
Sustained AI revenue growth and margin stabilization drive multiple expansion and share price appreciation.
Base case50%
AI revenue growth remains strong but margin pressure persists, resulting in stable valuation and moderate share price movement.
Worse case20%
Margin pressure worsens and AI revenue growth disappoints, leading to multiple contraction and share price decline.
If you hold it
Hold unless margin trends worsen materially or AI revenue growth slows below 50% year-over-year.
If you are watching
Add only if upcoming quarterly reports confirm margin stabilization and sustained AI revenue growth above 100%. Avoid if margin pressure intensifies or AI growth falters.
Scenario odds are a judgement, not measured.