Broadcom Inc. (NASDAQ:AVGO) will release its third quarter earnings report after the closing bell on Wednesday, Sept. 2.
Analysts expect the Palo Alto, California-based company to report quarterly earnings of $3.24 per share, up from $1.69 per share in the year-ago period. The consensus estimate for Broadcom’s quarterly revenue is $29.43 billion. It reported $15.95 billion last year, according to Benzinga Pro.
On Aug. 27, Kyndryl announced an expanded strategic alliance with Broadcom to provide consulting services for VMware Cloud Foundation.
Shares of Broadcom fell 0.2% to close at $369.68 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- RBC Capital analyst Srini Pajjuri maintained a Sector Perform rating with a price target of $400 on Aug. 26, 2026. This analyst has an accuracy rate of 87%.
- BMO Capital analyst Harsh Kumar initiated coverage on the stock with an Outperform rating and a price target of $455 on Aug. 21, 2026. This analyst has an accuracy rate of 86%.
- Erste Group analyst Hans Engel downgraded the stock from Buy to Hold on July 7, 2026. This analyst has an accuracy rate of 62%.
- UBS analyst Timothy Arcuri maintained a Buy rating and cut the price target from $490 to $485 on June 4, 2026. This analyst has an accuracy rate of 88%.
- B of A Securities analyst Vivek Arya maintained a Buy rating and increased the price target from $450 to $530 on June 4, 2026. This analyst has an accuracy rate of 85%.
Considering buying AVGO stock? Here’s what analysts think:
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