Why Broadcom Stock Crashed Today
Broadcom (NASDAQ: AVGO) stock tumbled 15.2% through 9:50 a.m. ET Thursday despite beating analyst forecasts for Q2 2026 earnings last night.
Heading into the report, analysts forecast Broadcom would earn $2.39 per share on sales of just over $22 billion. Broadcom beat on both top and bottom lines, claiming non-GAAP earnings of $2.44 per share and sales of nearly $22.2 billion.
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Source Fool.com
Broadcom Ltd. Stock
€341.10
1.400%
With 82 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 396 € there is a slightly positive potential of 16.09% for Broadcom Ltd. compared to the current price of 341.1 €.
