Broadcom

AVGO

Market cap $1.84T

Broadcom Inc. (AVGO) reached $390.24 at the closing of the latest trading day, reflecting a +2.42% change compared to its last close.

Broadcom Inc. is poised for another bullish catalyst with its upcoming FQ4 2025 earnings, supported by robust AI infrastructure demand. AVGO's premium valuation is justified by accelerating AI tailwinds, expanding software revenue mix, and strong operating leverage driving EPS growth above revenue. VMWare Cloud Foundation's aggressive adoption and the shift to subscription-based billing are fortifying AVGO's long-term resilience beyond semiconductors.

Google's Gemini AI chatbot has been gaining market share, and that's been good news for Broadcom stock, which reports earnings late Thursday.

Broadcom (NASDAQ: AVGO) looks set up to end the week on a positive note, rising nearly 3% on Friday, December 5, after a number of analysts have revised their price targets on the semiconductor leader ahead of the earnings report scheduled for next week.

Broadcom (AVGO) hasn't gotten as much spotlight as Nvidia (NVDA), though the stock's 120% year-over-year gains made investors happy. Rick Ducat turns to Broadcom's chart after Oppenheimer raised its price target on the company ahead of earnings next week.

Jed Ellerbroek says the A.I. trade has turned "skittish" but the overall market strength remains intact.

Broadcom's networking and virtualization businesses are growing nicely. However, the company has a huge opportunity with its ASICs business.

Broadcom is positioned for significant revenue uplift, driven by robust CSP capital spending and major AI developer partnerships. AVGO has secured a transformative deal with OpenAI to supply 10GW of custom AI accelerators and network infrastructure, potentially valued well above $100 billion. I reiterate a 'Strong Buy' rating on AVGO with a $528 price target, expecting operations to catch up with the current valuation premium.

While several delayed economic data releases are on the docket, all eyes will be on the highly anticipated Federal Open Market Committee (FOMC) interest rate decision next week.

Broadcom Inc. (AVGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.