3 analysts' median target is $456[FMP target], stock is $422, +8.1% upside potential. After Q1 +1.0% EPS beat[FMP earnings], the stock moved +4.8%.
B = MoonshotScore 74[multi-pillar formula] + Council 3/6[6-lens rule]. Form 4: 0 transactions[FMP Form 4].
Q4 consensus: revenue $22.0B[FMP est], EPS $2.40[FMP est]. 8 consecutive quarters of beat[FMP earnings].
Q1 EPS +1.0% beat[FMP] but the stock +4.8% D+1[FMP D+1]. Kirsten Spears promised $250.0M CapEx + a sequential decline in Q4 during the Q1 earnings call[Kirsten Spears capex transcript].
Watchlist
Q2 Revenue Guidance
q2_revenue_guidance
Broadcom is guiding for consolidated revenue of approximately $22 billion in Q2 2026, representing 47% year-on-year growth.
"So in summary, let me put it all together for Q2 2026, we expect consolidated revenue growth to accelerate to 47% year-on-year and reach approximately $22 billion, and we expect adjusted EBITDA to be approximately 68% of revenue."
- Hock Tan, President and CEO - Q1 FY26 Earnings Call - March 4, 2026
Vmware Growth
vmware_growth
VMware revenue grew 13% year-on-year. Bookings continue to be strong and total contract value booked in Q1 exceeded $9.2 billion, sustaining an ARR, which is annual recurring revenue growth of 19% year-upon-year.
"VMware revenue grew 13% year-on-year. Bookings continue to be strong and total contract value booked in Q1 exceeded $9.2 billion, sustaining an ARR, which is annual recurring revenue growth of 19% year-upon-year."
- Hock Tan, President and CEO - Q1 FY26 Earnings Call - March 4, 2026
Ai Revenue 2027
ai_revenue_2027
Today, in fact, we have line of sight to achieve AI revenue from chips, just chips, in excess of $100 billion in 2027. We have also secured the supply chain required to achieve this.
"Today, in fact, we have line of sight to achieve AI revenue from chips, just chips, in excess of $100 billion in 2027. We have also secured the supply chain required to achieve this."
- Hock Tan, President and CEO - Q1 FY26 Earnings Call - March 4, 2026
Ai Semiconductor Growth
ai_semiconductor_growth
Broadcom expects Q2 AI semiconductor revenue of $10.7 billion, up approximately 140% year-on-year.
"Within this, we expect Q2 AI semiconductor revenue of $10.7 billion, up approximately 140% year-on-year."
- Kirsten Spears, Chief Financial Officer - Q1 FY26 Earnings Call - March 4, 2026
Infrastructure Software Growth
infrastructure_software_growth
We expect Infrastructure Software revenue of approximately $7.2 billion, up 9% year-on-year.
"We expect Infrastructure Software revenue of approximately $7.2 billion, up 9% year-on-year."
- Kirsten Spears, Chief Financial Officer - Q1 FY26 Earnings Call - March 4, 2026
Semiconductor Revenue Q2
semiconductor_revenue_q2
Broadcom forecasts semiconductor revenue of approximately $14.8 billion in Q2 2026, up 76% year-on-year.
"We forecast semiconductor revenue of approximately $14.8 billion, up 76% year-on-year."
- Kirsten Spears, Chief Financial Officer - Q1 FY26 Earnings Call - March 4, 2026
Stock Expert AI - Methodology
multi-pillar methodology. Revenue Growth and Gross Margin strong.
How is it calculated? ->6 investor frameworks. 3 bullish (Ray Dalio, Ken Griffin, Buffett), 0 bearish (none), 3 neutral (Jim Simons, Klarman, Munger).
How is it calculated? ->Quality business, trading at fair value.
How is it calculated? ->Past Performance
Q1 (March 4, 2026): EPS $2.05 vs $2.03 est[FMP], +1.0% beat. D+1 movement: +4.8%[FMP D+1]. Decline despite beat - market reacted to guidance, not numbers.
Q1: EPS $2.05 vs $2.03 beat[FMP], stock +4.8% D+1[FMP].
No RPO/backlog concentration disclosed in Q1 earnings call.
Q1 CapEx $250.0M[FMP cashflow]. Q1 op margin 45.0%[FMP op margin] - this level in Q4 is sensitive to CapEx revision risk.
Not advice - a structural framework for earnings night. Decision discipline is yours.
Market Outlook
You read it in 5 minutes. When the numbers come out on Wednesday evening - you know what you're looking at.
Data arrives at night. The framework is ready now.
Data arrives on Wednesday evening. The framework is ready on this page: Q4 EPS threshold $2.40[FMP], CapEx threshold "below $250.0M"[Kirsten Spears]. Two anchors, three scenarios.
Comparison Stock Expert AI Pro $24/month ($240/year), 77% cheaper than the total of three earnings-tracking tools ($1,059/year -> $240/year).
Seeking Alpha $299/yr - analyst opinions + earnings coverage TipRanks $360/yr - Smart Score (1-10) + analyst consensus + insider trades Trendspider $400/yr - AI pattern detection + automated TA + multi-timeframe alerts
Prices as of April 2026. Sources: seekingalpha.com/subscriptions - tipranks.com/pricing - trendspider.com/pricing
Stock Expert AI Pro: $24/month ($240/year). Council 7-lens analysis + MoonshotScore multi-pillar + Insider tracker + Technical levels - all in one platform, for every stock.
Educational tool, not investment advice. Past performance does not guarantee future results.
Calendar
DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.
This Broadcom Inc. (AVGO) earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.
Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.
Figures are sourced from Financial Modeling Prep (FMP) fundamentals and consensus data plus official earnings-call transcripts; derived metrics are labeled with their source next to each figure.
No. This page is educational research, not investment advice. It summarizes analyst consensus and company data; consult a licensed financial advisor before making any investment decision.