Broadcom set to report fiscal Q3 2026 results as analysts forecast $2.83 EPS
AI Market Summary
Broadcom's upcoming FY2026 Q3 earnings are expected to show strong EPS growth, but recent sentiment remains cautious after a prior revenue miss and management's decision to keep its 2027 AI chip revenue opportunity unchanged at $100B. The setup highlights heightened sensitivity to AI-related guidance and revenue quality, with near-term trading likely driven by any deviation versus expectations on AI chip sales and total revenue.
Impact level
● Medium
Affected assets
NCSKAVGO2USD/USDT-2.12%
AI Insight · NCSKAVGO2USD/USDTAI Insight
● Neutral
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Broadcom is expected to release its fiscal Q3 2026 earnings soon, with analysts forecasting EPS of $2.83, up 124.6% year over year. The company’s Q2 results previously missed expectations on revenue of $22.19 billion and it did not raise its 2027 AI chip sales target of $100 billion, which sparked concerns and sent the stock down 12.6% in a single session. Analysts broadly keep a “Strong Buy” view, with an average price target of $518.66.
