Why Broadcom Stock Slumped Today
Broadcom (NASDAQ: AVGO), the semiconductor company that's profited so much from the artificial intelligence (AI) revolution of late, saw its stock slump 3% through 10 a.m. ET this morning after reporting that it beat earnings last night... just barely.
Heading into the company's fiscal second quarter of 2025, which ended May 4, analysts forecast Broadcom would earn $1.57 per share in adjusted profits on sales of just under $15 billion. In fact, Broadcom earned $1.58 per share, and its sales were $15 billion.
Image source: Getty Images.
Source Fool.com
Broadcom Ltd. Aktie
277,70 €
0,69 %
Die Broadcom Ltd. Aktie steht gut da: Deutlich mehr Buy- als Sell-Einschätzungen in der Community.
Dadurch ergibt sich bei einem Kursziel von 318 € ein leicht positives Potenzial von 14.51% im Vergleich zum aktuellen Kurs von 277.7 € bei Broadcom Ltd..
