Veytics Intelligence
2026-10-02 · Yahoo

Why Is Broadcom Inc. (AVGO) Down 3.8% Since Last Earnings Report?

It has been about a month since the last earnings report for Broadcom Inc. (AVGO). Shares have lost about 3.8% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Broadcom Inc. due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. AVGO Q3 Earnings Beat Estimates, Revenues Rise on Strong AI Demand Broadcom reported third-quarter fiscal 2026 non-GAAP earnings of $3.32 per share, up 96.4% year over year and 3.11% above the Zacks Consensus Estimate. Revenues surged 85.

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