Key facts
- Broadcom reports Q2 FY26 earnings on June 3 after market close.
- Wall Street expects Q2 FY26 revenue of $22.12 billion and EPS of $2.40.
- Options traders are pricing in a 10.65% move in either direction post-earnings.
- Broadcom has beaten earnings estimates for the past nine consecutive quarters.
- UBS and Susquehanna analysts raised their price targets on AVGO to $490.
Broadcom is preparing to release its fiscal second-quarter results, with significant investor attention on its AI chip deals and networking products. The company has a strong track record of beating earnings expectations, and analysts are optimistic about its performance driven by AI demand. UBS and Susquehanna have both raised their price targets to $490 ahead of the report.