Reported 3 days ago
Broadcom Inc. (NASDAQ:AVGO) is poised for its FQ3 2025 earnings release on September 4, with Wall Street showing strong bullish sentiment. Following a strong Q2 performance that surpassed revenue and EPS estimates, analysts from UBS and Citi have raised their price targets and reiterated Buy ratings, anticipating AI-related sales to significantly contribute to the company's performance. Broadcom expects its fiscal third quarter revenue to reach approximately $15.8 billion, supported by an increasing demand from major clients.
Source: YAHOO