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Why Broadcom Stock Is Still Going Down

TheMotleyFool 
0 0 05.06.26
Why Broadcom Stock Is Still Going Down: https://g.foolcdn.com/editorial/images/873281/semiconductor-computer-chip-with-the-letters-ai-in-the-middle.jpg
 

Broadcom (NASDAQ: AVGO) stock closed down 12.6% yesterday, despite squeaking past analyst forecasts for Q2 2026 earnings. Shares of the specialty semiconductor maker continued to slide in Friday morning trading, and are down 4.2% through 9:45 a.m. ET.

But does Broadcom stock deserve to get sold off so hard after an earnings beat?

Image source: Getty Images.

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Source Fool.com

Broadcom Ltd. Stock

€337.80
0.490%
The Broadcom Ltd. stock is trending slightly upwards today, with an increase of €1.65 (0.490%) compared to yesterday's price.
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 17.23% for Broadcom Ltd. compared to the current price of 337.8 €.
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