Broadcom Inc. Announces Second Quarter Fiscal Year 2021 Financial Results and Quarterly Dividends

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Broadcom Limited (AVGO) PT Raised to $550 at UBS

June 4, 2021 8:45 AM EDT

UBS analyst Timothy Arcuri raised the price target on Broadcom Limited (NASDAQ: AVGO) to $550.00 (from $530.00) while maintaining a Buy rating.

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Broadcom Limited (AVGO) PT Raised to $550 at Rosenblatt

June 4, 2021 7:00 AM EDT

Rosenblatt analyst Hans Mosesmann raised the price target on Broadcom Limited (NASDAQ: AVGO) to $550.00 (from $540.00) while maintaining a Buy rating.

The analyst commented, "Another solid beat and raise driven by hyperscale, cloud, resurgence in broadband, and stronger than expected wireless. The Broadcom team, first... More

Broadcom (AVGO) Declares $3.60 Quarterly Dividend; 3.1% Yield

June 4, 2021 6:58 AM EDT

Broadcom (NASDAQ: AVGO) declared a quarterly dividend of $3.60 per share, or $14.4 annualized.

The dividend will be payable on June 30, 2021, to stockholders of record on June 22, 2021, with an ex-dividend date of June 21, 2021.

The annual yield on the dividend is 3.1 percent.

For a... More

Broadcom Limited (AVGO) PT Raised to $520 at Mizuho Securities

June 4, 2021 6:34 AM EDT

Mizuho Securities analyst Vijay Rakesh raised the price target on Broadcom Limited (NASDAQ: AVGO) to $520.00 (from $490.00) while maintaining a Buy rating.

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Broadcom (AVGO) Tops Q2 EPS by 20c, Q3 Rev. Guidance Beats

June 3, 2021 4:16 PM EDT

Broadcom (NASDAQ: AVGO) reported Q2 EPS of $6.62, $0.20 better than the analyst estimate of $6.42. Revenue for the quarter came in at $6.61 billion versus the consensus estimate of $6.51 billion.

GUIDANCE:

Broadcom sees Q3 2021 revenue of $6.75 billion, versus the consensus of $6.59 billion.

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