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. Stock
€275.10
-0.700%
With 93 Buy predictions and 2 Sell predictions Broadcom Ltd. is one of the favorites of our community.
With a target price of 305 € there is a slightly positive potential of 10.87% for Broadcom Ltd. compared to the current price of 275.1 €.
