Broadcom Gains 2.29% as Analysts Forecast 26.9% EPS Growth
Broadcom’s shares jumped 2.29% to $332.62, outpacing the S&P 500’s 0.1% gain despite a 7.55% month-to-date decline versus its sector’s 4.05% loss. Analysts project March-quarter EPS of $2.03 (+26.9%) on $19.27 billion revenue (+29.2%), with a forward P/E of 31.8 below the industry’s 37.8.
1. Market Performance
In the latest session, Broadcom’s share price rose 2.29% to $332.62, outpacing the S&P 500’s 0.1% gain, while the Dow and Nasdaq climbed 0.07% and 0.14%, respectively. Over the past month, shares have declined 7.55%, trailing the Computer and Technology sector’s 4.05% drop and the S&P 500’s 1.43% pullback.
2. Earnings Projections
Broadcom is scheduled to report fiscal Q1 results on March 4, 2026, with analysts forecasting EPS of $2.03, up 26.9% year over year, on revenue of $19.27 billion, a 29.2% increase. Full-year consensus estimates call for earnings of $10.22 per share (+49.9%) and revenue of $95 billion (+48.7%).
3. Valuation and Ranking
The company trades at a forward P/E of 31.8, below the Electronics – Semiconductors industry average of 37.8, and holds a PEG ratio of 0.89 versus the industry’s 2.17. Broadcom carries a Zacks Rank #3 (Hold), reflecting moderate analyst estimate revisions over the past month.