What is Zacks Research’s Forecast for Broadcom Q1 Earnings?

Broadcom Inc. (NASDAQ:AVGO) – Equities researchers at Zacks Research upped their Q1 2026 earnings estimates for Broadcom in a report issued on Wednesday, December 31st. Zacks Research analyst Team now forecasts that the semiconductor manufacturer will post earnings per share of $1.59 for the quarter, up from their prior forecast of $1.54. The consensus estimate for Broadcom’s current full-year earnings is $5.38 per share. Zacks Research also issued estimates for Broadcom’s Q2 2026 earnings at $1.66 EPS, Q3 2026 earnings at $1.89 EPS, Q4 2026 earnings at $2.02 EPS, FY2026 earnings at $7.15 EPS, Q1 2027 earnings at $2.16 EPS, Q2 2027 earnings at $2.21 EPS, Q3 2027 earnings at $2.47 EPS, Q4 2027 earnings at $2.53 EPS, FY2027 earnings at $9.37 EPS and FY2028 earnings at $10.30 EPS.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.08. The business had revenue of $18.02 billion during the quarter, compared to analyst estimates of $17.46 billion. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The company’s revenue was up 28.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.42 earnings per share.

Other analysts have also issued reports about the stock. Piper Sandler reissued an “overweight” rating and set a $430.00 target price (up from $375.00) on shares of Broadcom in a research note on Friday, December 12th. Oppenheimer increased their price objective on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. UBS Group set a $475.00 price objective on Broadcom and gave the stock a “buy” rating in a research note on Monday, December 15th. Argus boosted their target price on Broadcom from $285.00 to $375.00 and gave the stock a “buy” rating in a research report on Monday, September 8th. Finally, Mizuho increased their price target on Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $436.33.

Broadcom Price Performance

Shares of NASDAQ AVGO opened at $347.62 on Monday. Broadcom has a twelve month low of $138.10 and a twelve month high of $414.61. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76. The firm has a 50-day moving average of $362.90 and a two-hundred day moving average of $328.40. The company has a market capitalization of $1.65 trillion, a price-to-earnings ratio of 73.03, a PEG ratio of 1.17 and a beta of 1.21.

Institutional Trading of Broadcom

Institutional investors have recently bought and sold shares of the company. Sawyer & Company Inc increased its holdings in Broadcom by 62.1% in the second quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 36 shares during the last quarter. Longfellow Investment Management Co. LLC acquired a new position in shares of Broadcom during the 2nd quarter worth $27,000. Legend Financial Advisors Inc. bought a new position in shares of Broadcom during the 2nd quarter valued at $28,000. Teachers Insurance & Annuity Association of America bought a new position in shares of Broadcom during the 2nd quarter valued at $28,000. Finally, LGT Financial Advisors LLC acquired a new stake in shares of Broadcom in the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 76.43% of the company’s stock.

Insider Activity

In related news, CFO Kirsten M. Spears sold 3,714 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $327.79, for a total value of $1,217,412.06. Following the completion of the sale, the chief financial officer directly owned 307,237 shares of the company’s stock, valued at approximately $100,709,216.23. This represents a 1.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Henry Samueli sold 320,316 shares of Broadcom stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $400.53, for a total value of $128,296,167.48. Following the transaction, the director directly owned 37,326,540 shares in the company, valued at approximately $14,950,399,066.20. This trade represents a 0.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 650,701 shares of company stock valued at $239,190,157 in the last ninety days. Corporate insiders own 2.00% of the company’s stock.

Broadcom Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a dividend of $0.65 per share. This is a positive change from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio is presently 54.62%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is highlighted as a primary beneficiary of the AI networking upgrade cycle; the company has sizable AI-related backlog (Fool cites roughly $20B of non-accelerator AI backlog), which supports persistent revenue visibility for networking products. The Market May Be Underestimating This AI Trend
• Positive Sentiment: Wall Street bullishness: several analysts see meaningful upside for AVGO (some commentary points to >30% upside), and recent consensus price targets sit well above the current price — supportive for medium‑term upside if execution continues. Is Broadcom stock a buy for 2026? Analysts predict over 30% upside
• Positive Sentiment: Analyst model upgrades: Zacks and other research teams have raised multi‑year EPS forecasts materially (FY2026–FY2028 EPS were lifted), implying higher earnings growth that could justify a richer multiple if realized.
• Neutral Sentiment: Social and market chatter is mixed: summaries note a reported $73B AI order backlog cited in social posts (large but sometimes conflated across categories) while also flagging disappointment with parts of recent guidance — this keeps sentiment volatile. Broadcom Inc. Stock (AVGO) Opinions on AI Backlog and Earnings Guidance
• Neutral Sentiment: Macro/market context: MarketBeat notes a tech‑led start to 2026 — favorable for AVGO — but warns Fed policy and upcoming macro data could swing sentiment. MarketBeat Week in Review – 12/29 – 01/02
• Negative Sentiment: Valuation and re‑rating risk: Yahoo Finance discusses a re‑assessment of valuation after a multi‑year run and recent share softness — with AVGO trading at a premium multiple, expectations are already high and could cap near‑term gains if growth or guidance slips. Broadcom (AVGO): Assessing Valuation After Recent Share Price Softness and Multi‑Year Run

Broadcom Company Profile

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.