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AVGO
NASDAQ Technology

Broadcom forecasts $29.4B in Q3 revenue

Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Semiconductor Stocks · Technology
Sentiment info
Neutral
Importance info
8
Price
$476.74
Mkt Cap
$2.269T
52W Low
$241.11
52W High
$495
52W Position info
98% above low
Off High info
3.7% below high
Rel. Volume info
1.6× avg
Market data snapshot near publication time

AVGO sits 98% above its 52-week low of $241.11.

Summary

Broadcom has announced its revenue guidance for the third quarter, projecting $29.4 billion. This specific financial outlook provides a critical update for investors, following a series of significant AI-driven partnerships and strong prior quarter results. The guidance establishes market expectations for the company's performance in the upcoming quarter.

At the time of this announcement, AVGO was trading at $476.74 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.3T. The 52-week trading range was $241.11 to $495.00. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.


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