FY2026 EPS Estimates for Broadcom Lifted by Erste Group Bank

Broadcom Inc. (NASDAQ:AVGO) – Erste Group Bank raised their FY2026 earnings estimates for shares of Broadcom in a report issued on Tuesday, March 24th. Erste Group Bank analyst H. Engel now forecasts that the semiconductor manufacturer will earn $9.80 per share for the year, up from their prior estimate of $8.70. The consensus estimate for Broadcom’s current full-year earnings is $5.38 per share. Erste Group Bank also issued estimates for Broadcom’s FY2027 earnings at $16.55 EPS.

Several other equities research analysts have also recently weighed in on AVGO. Benchmark restated a “buy” rating and set a $485.00 target price on shares of Broadcom in a research note on Thursday, March 5th. JPMorgan Chase & Co. upped their target price on shares of Broadcom from $475.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, March 5th. Robert W. Baird set a $420.00 target price on shares of Broadcom in a research report on Friday, December 12th. Wolfe Research raised shares of Broadcom from a “peer perform” rating to an “outperform” rating and set a $400.00 price target for the company in a research report on Friday, January 30th. Finally, Royal Bank Of Canada dropped their price objective on Broadcom from $370.00 to $340.00 and set a “sector perform” rating on the stock in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Broadcom has a consensus rating of “Moderate Buy” and a consensus target price of $435.30.

Broadcom Stock Down 2.9%

Shares of NASDAQ AVGO opened at $309.42 on Friday. The business has a 50-day moving average of $328.02 and a two-hundred day moving average of $345.17. The company has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 60.43, a price-to-earnings-growth ratio of 0.68 and a beta of 1.22. Broadcom has a 1 year low of $138.10 and a 1 year high of $414.61. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.02. The business had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The company’s revenue for the quarter was up 29.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.60 EPS.

Broadcom Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 23rd will be paid a dividend of $0.65 per share. The ex-dividend date is Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. Broadcom’s dividend payout ratio is currently 50.78%.

Insider Activity at Broadcom

In related news, insider S. Ram Velaga sold 38,841 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $12,491,265.60. Following the transaction, the insider owned 96,147 shares in the company, valued at $30,920,875.20. The trade was a 28.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Hock E. Tan sold 70,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $347.30, for a total value of $24,311,000.00. Following the sale, the chief executive officer directly owned 132,836 shares of the company’s stock, valued at approximately $46,133,942.80. This represents a 34.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 403,049 shares of company stock worth $133,459,315 in the last three months. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Broadcom

Several large investors have recently modified their holdings of the stock. ROSS JOHNSON & Associates LLC raised its position in Broadcom by 1,320.0% during the 4th quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 66 shares during the last quarter. SWAN Capital LLC boosted its holdings in shares of Broadcom by 261.9% in the fourth quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 55 shares in the last quarter. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Broadcom in the second quarter valued at about $28,000. JCIC Asset Management Inc. acquired a new position in shares of Broadcom during the third quarter worth about $31,000. Finally, Miller Global Investments LLC purchased a new position in Broadcom during the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Erste Group sharply raised its EPS forecasts for AVGO, boosting FY2026 to $9.80 and FY2027 to $16.55 — a large upside to prior estimates that implies materially higher future earnings power if realized. Erste Group upgrades / MarketBeat
• Positive Sentiment: Broadcom struck a multiyear deal to co-develop custom AI accelerators with OpenAI, positioning AVGO as a key supplier of bespoke AI silicon and reinforcing its exposure to hyperscaler AI spending. This deal underpins the company’s AI revenue runway. OpenAI chip deal (Yahoo)
• Positive Sentiment: Analyst and bullish coverage emphasize Broadcom’s central role in the AI infrastructure stack (custom silicon, networking, software), arguing the pullback is a buying opportunity given durable demand from hyperscalers. Bullish AI thesis (Yahoo)
• Neutral Sentiment: Reports note Broadcom’s AI-related revenue has doubled recently but the stock hasn’t fully re-rated, suggesting expectations may already price much of the AI upside or that investors are awaiting execution proof. AI revenue vs. stock move (247WallSt)
• Neutral Sentiment: Coverage discussing tech ETFs and broader tech earnings suggests sector-level dynamics (QQQM/mega-cap flows, profit-taking) are moderating AVGO’s price action despite strong fundamentals. Sector/ETF context (MarketBeat)
• Negative Sentiment: Insider selling has been reported, which some investors interpret as a cautionary signal about near-term valuation or personal liquidity decisions; that news is weighing on sentiment amid the recent pullback. Insider selling (Yahoo)

About Broadcom

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.