Broadcom Inc. (AVGO) earnings on September 2, 2026
Prior outlook: Optimistic
Volatly's outlook before the earnings on September 2, 2026: Optimistic.
AVGO price around the earnings
357.16
Change: -3.2%
2026-09-03, 20:00 UTC
Start of the measured window
End of the measured window
342.56
354.27
365.98
377.69
369.03
September 2, 2026
September 3, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic
- Thesis published
Context analyzed before publication
- Summary
- Strong analyst support + improving strength of the recent trend = optimistic
- Reasoning
- The stock recovered sharply from deeply negative to positive as analysts cite a price target about 42% above the current price and a strong recent earnings history. Both technical and sentiment forces aligned toward optimism, with the strength of the recent trend improving into the event despite broader market weakness.
- Playbook
- After a deep selloff, the stock found support and recovered to positive territory. Analysts cite price targets significantly above current levels while the recent decline in the strength of the trend is slowing — the worst appears to have passed.
- Trend
- Recovered from -30.5 to +18.2, trend strength turning
Analysts
Drivers
-
Analysts
Positive
Analyst consensus points to a price target about 42% above current levels, with BMO initiating an Outperform rating despite some analyst downgrades.
Evidence
- Analyst moves in the last 60 days
- 3
- Strong buy: 8
- Buy: 37
- Hold: 4
- Sell: 0
- Strong sell: 0
- Strong buy
- 8
- Buy
- 37
- Hold
- 4
- Sell
- 0
- Strong sell
- 0
- August 26, 2026 · RBC Capital: Reiterates rating (Sector Perform → Sector Perform)
- August 21, 2026 · BMO Capital: Initiates coverage (Outperform → Outperform)
- July 7, 2026 · Erste Group: Downgrades rating (Buy → Hold)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (6)
- Dell, Broadcom And 3 Stocks To Watch Heading Into Wednesday (opens in a new tab) — Benzinga
- Broadcom Q3 Preview: Nvidia Record Results Bring Added Pressure — ‘Has to Prove’ (opens in a new tab) — Benzinga
- How To Earn $500 A Month From Broadcom Stock Ahead Of Q3 Earnings (opens in a new tab) — Benzinga
- Exploring The Competitive Space: Broadcom Versus Industry Peers In Semiconductors & Semiconductor Equipment (opens in a new tab) — Benzinga
- NVIDIA Moves Deeper Into Broadcom Territory — Without Building The Chip (opens in a new tab) — Benzinga
- What's Going On With Broadcom Stock Tuesday? (opens in a new tab) — Benzinga
Technicals
Drivers
-
Technical
Negative
The recent trend has been downward, at -2.69% over 14 days and -5.03% over 30 days, underperforming QQQ by -7.90% — though this gap is narrowing.
Evidence
- Price when the context was analyzed
- 369.71
- Average true range (ATR)
- 3.1%
- Distance to 52-week high
- -23.1%
- 14-day change (14d)
- -2.7%
- 30-day change (32d)
- -5.0%
- 30-day relative strength
- -7.9%
- QQQ change (32d)
- +2.9%
- Nearest support
- 368.06
- Distance to nearest support
- 0.5%
- Nearest resistance
- 370.41
- Distance to nearest resistance
- 0.2%
- Volume accumulation ratio (14d / 46d)
- 1.01
- Mid: 368.06 (0.5% away, 0.15 ATR, 8 touches)
- Mid: 364.56 (1.4% away, 0.45 ATR, 14 touches)
- Mid: 362.65 (1.9% away, 0.62 ATR, 19 touches)
- Mid: 370.41 (0.2% away, 0.06 ATR, 13 touches)
- Mid: 373.65 (1.1% away, 0.35 ATR, 20 touches)
- Major: 376.47 (1.8% away, 0.59 ATR, 27 touches)
Trends
Drivers
-
Macro & trends
Negative
Broader market risk-off (Dow down 400 points, crude surge, Fear & Greed in 'Fear') creates headwinds for the semiconductor sector.
Evidence
- Average earnings surprise
- +2.3%
- June 3, 2026: actual EPS 2.44 vs estimate 2.4 (surprise +1.7%)
- March 4, 2026: actual EPS 2.05 vs estimate 2.02 (surprise +1.3%)
- December 11, 2025: actual EPS 1.95 vs estimate 1.87 (surprise +4.4%)
- September 4, 2025: actual EPS 1.69 vs estimate 1.66 (surprise +1.6%)
Expected move
Drivers
-
Past earnings
Positive
The company has beaten earnings expectations in each of the past 4 quarters with an average surprise of +2.3% — a strong recent track record.
There is no implied-move data available for this event.
Reactions over its last 20 earnings
- Median move
- 5.5%
- 75th percentile move
- 9.7%
- 90th percentile move
- 12.4%
- Up / down moves
- 14 / 6
- Average up move
- +6.5%
- Average down move
- -8.6%
Monitoring and close
What Broadcom Inc. reported
- Status
- Pending
| Actual EPS | 3.32 |
|---|---|
| EPS estimate | 3.24 |
| EPS surprise | +2.5% |
Sources (1)
- Earnings per share: $3.32 vs $3.24 expected — above expectations. — Finnhub
Pre-market second reading after the results
There is no second reading available for this event.