Why AI Stock Broadcom Crushed It in June
With a nearly 14% share price gain in June, (NASDAQ: AVGO) was a clear stock market winner during the month. The initial boost came from the company's impressive fiscal second-quarter 2025 results, which were reported near the start of June, and were subsequently compounded by an important product launch and a series of positive analyst takes on the stock.
During that period, Broadcom managed to grow its revenue by a robust 20% year over year to just over $15 billion -- a new quarterly record for the chipmaker. Better, its non-GAAP (adjusted) net income soared 44% higher to nearly $7.8 billion, or $1.58 per share.
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Source Fool.com
Broadcom Ltd. Aktie
262,95 €
-2,56 %
Die Community unterstützt Broadcom Ltd. stark, mit vielen Buy- und wenigen Sell-Einschätzungen.
Ein Kursziel von 318 € für Broadcom Ltd. würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 262.95 € bedeuten.
