Broadcom (NASDAQ: AVGO) is set to report its Q2 fiscal 2026 earnings on June 3, 2026, with expectations for sales exceeding $22.04 billion and adjusted earnings per share (EPS) above $2.40. Analysts project a year-over-year sales growth of 47% and adjusted EPS growth of 52%. This guidance aligns closely with Broadcom’s estimated revenue of $22 billion.
The company’s performance in the stock market has been notable, with Broadcom outpacing NVIDIA (NASDAQ: NVDA) in total returns for both 2025 and 2026, achieving around 51% and 20% respectively. Investors are particularly interested in Broadcom’s partnership with Alphabet (NASDAQ: GOOGL) concerning tensor processing units (TPUs), a new market opportunity as Alphabet begins selling TPUs to external customers.
Market analysts maintain a bullish outlook on Broadcom, with a consensus price target of approximately $448, indicating a potential upside of about 10%. Recent updates suggest higher targets averaging around $523 after earnings reports from major customers, implying a 25% upside for investors.
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