Broadcom Inc. Announces First Quarter Fiscal Year 2025 Financial Results and Quarterly Dividend
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Wolfe Research Reiterates Peerperform Rating on Broadcom Limited (AVGO)
March 7, 2025 8:09 AM ESTWolfe Research analyst Chris Caso reiterated a Peerperform rating on Broadcom Limited (NASDAQ: AVGO).
The analyst comments "Maintain Peer Perform rating. AVGO reported a modest beat on report and guidance, with AI silicon growth and improving conditions in some cyclical segments most impactful for... More
Citi Reiterates Buy Rating on Broadcom Limited (AVGO)
March 7, 2025 7:33 AM ESTCiti analyst Christopher Danely reiterated a Buy rating and $220.00 price target on Broadcom Limited (NASDAQ: AVGO)
The analyst comments "Broadcom reported solid results and guided above Consensus driven by continued AI strength (27% of F25 sales) with two new AI engagements.... More
Bernstein SocGen Group Reiterates Outperform Rating on Broadcom Limited (AVGO)
March 7, 2025 5:46 AM ESTBernstein SocGen Group analyst Stacy Rasgon reiterated an Outperform rating and $250.00 price target on Broadcom Limited (NASDAQ: AVGO).
The analyst comments "Broadcoms FQ125 earnings were good, above the street on revenues and EPS ($14.9B/ $1.60 vs the Street $14.6B/$1.50) with upside coming from both semis ($8.21B vs Street $8.15B) and software ($6.7B vs Street $6.5B). While non-AI semis appear to have come in somewhat below as the core networking and storage recovery remains slow, AI semi revenues were strong and more than made up the difference, coming in ~$300M ahead of guidance at... More
Raymond James Reiterates Market Perform Rating on Broadcom Limited (AVGO)
March 7, 2025 5:35 AM ESTRaymond James analyst Srini Pajjuri reiterated a Market Perform rating on Broadcom Limited (NASDAQ: AVGO)
The analyst comments "Market Perform-rated AVGOs F1Q results and F2Q revenue outlook were both slightly better. Management reiterated its prior comment regarding $60-90B AI silicon opportunity in 2027 at its 3 hyperscale customers (likely Google, Meta, Bytedance) compared to $15-20B in 2024. The estimate includes GPUs, custom ASICs (XPUs), and Networking ICs, and is based on... More
