Broadcom (NASDAQ:AVGO) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS

12 Dec 2025, 16:52 by Danessa Lincoln · The Markets Daily

Broadcom (NASDAQ:AVGO – Get Free Report) announced its quarterly earnings data on Thursday. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.08, FiscalAI reports. The business had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $17.46 billion. Broadcom had a net margin of 31.59% and a return on equity of 36.60%. Broadcom’s quarterly revenue was up 28.2% on a year-over-year basis. During the same quarter last year, the company posted $1.42 earnings per share.

Broadcom Stock Down 1.6%

Shares of AVGO opened at $406.37 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.50 and a quick ratio of 1.37. The company has a market capitalization of $1.92 trillion, a P/E ratio of 103.67, a PEG ratio of 1.41 and a beta of 1.19. The business’s 50 day simple moving average is $362.74 and its 200-day simple moving average is $316.47. Broadcom has a one year low of $138.10 and a one year high of $414.61.

Broadcom Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, December 22nd. This is an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio (DPR) is presently 60.20%.

Analysts Set New Price Targets

Several analysts have issued reports on AVGO shares. Evercore ISI raised their price target on shares of Broadcom from $342.00 to $403.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 15th. Barclays reissued an “overweight” rating and set a $500.00 target price on shares of Broadcom in a research report on Friday. Morgan Stanley restated an “overweight” rating and set a $443.00 price target (up from $409.00) on shares of Broadcom in a research note on Monday, December 1st. Truist Financial raised their price objective on Broadcom from $295.00 to $365.00 and gave the stock a “buy” rating in a research report on Friday, September 5th. Finally, Wells Fargo & Company lifted their price objective on Broadcom from $255.00 to $345.00 and gave the stock an “equal weight” rating in a report on Friday, September 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Broadcom has an average rating of “Buy” and an average target price of $403.36.

Check Out Our Latest Stock Report on Broadcom

Insider Activity

In other Broadcom news, insider Mark David Brazeal sold 16,558 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $347.61, for a total value of $5,755,726.38. Following the completion of the sale, the insider owned 329,302 shares in the company, valued at approximately $114,468,668.22. This trade represents a 4.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Henry Samueli sold 320,316 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $400.53, for a total transaction of $128,296,167.48. Following the completion of the sale, the director directly owned 37,326,540 shares of the company’s stock, valued at approximately $14,950,399,066.20. This represents a 0.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 837,433 shares of company stock worth $303,900,352. 2.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Financial Engines Advisors L.L.C. lifted its stake in Broadcom by 1.3% in the third quarter. Financial Engines Advisors L.L.C. now owns 13,519 shares of the semiconductor manufacturer’s stock valued at $4,460,000 after buying an additional 177 shares during the period. Harvest Investment Services LLC increased its stake in Broadcom by 57.2% in the third quarter. Harvest Investment Services LLC now owns 13,692 shares of the semiconductor manufacturer’s stock valued at $4,517,000 after purchasing an additional 4,983 shares in the last quarter. Opulen Financial Group LLC raised its holdings in Broadcom by 33.7% in the third quarter. Opulen Financial Group LLC now owns 1,146 shares of the semiconductor manufacturer’s stock worth $378,000 after purchasing an additional 289 shares during the period. Keystone Financial Group boosted its position in shares of Broadcom by 2.5% during the third quarter. Keystone Financial Group now owns 7,686 shares of the semiconductor manufacturer’s stock worth $2,538,000 after purchasing an additional 191 shares in the last quarter. Finally, Palisade Asset Management LLC grew its holdings in shares of Broadcom by 1.6% in the 3rd quarter. Palisade Asset Management LLC now owns 3,009 shares of the semiconductor manufacturer’s stock valued at $993,000 after buying an additional 46 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

About Broadcom

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Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.