Erste Group upgraded Broadcom from Hold to Buy

Redburn Atlantic initiated coverage of Broadcom with a rating of Buy and set a new price target of $301.00

Seaport Research Partners initiated coverage of Broadcom with a rating of Buy and set a new price target of $230.00

Daiwa Securities upgraded Broadcom from Outperform to Buy and set a new price target of $225.00

TD Cowen reiterated coverage of Broadcom with a rating of Buy and set a new price target of $240.00 from $210.00 previously

Mizuho reiterated coverage of Broadcom with a rating of Outperform and set a new price target of $220.00 from $190.00 previously

William Blair initiated coverage of Broadcom with a rating of Outperform

TD Cowen reiterated coverage of Broadcom with a rating of Buy and set a new price target of $210.00 from $175.00 previously

Rosenblatt reiterated coverage of Broadcom with a rating of Buy and set a new price target of $2,400.00 from $1,650.00 previously

Citigroup reiterated coverage of Broadcom with a rating of Buy and set a new price target of $1,560.00

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4 - Broadcom Inc. (0001730168) (Issuer)

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4 - Broadcom Inc. (0001730168) (Issuer)

4 - Broadcom Inc. (0001730168) (Issuer)

4 - Broadcom Inc. (0001730168) (Issuer)

4 - Broadcom Inc. (0001730168) (Issuer)

4 - Broadcom Inc. (0001730168) (Issuer)

4 - Broadcom Inc. (0001730168) (Issuer)

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PALO ALTO, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) is announcing the general availability of VMware Cloud Foundation (VCF) 9.0, the platform for the modern private cloud. With VCF 9.0, customers gain a consistent operating model for the private cloud, spanning data centers, edge, and managed cloud infrastructure from service providers and hyperscalers. VCF 9.0 combines the agility and scalability of public cloud with the security, performance, architectural control and total cost of ownership (TCO) benefits of an on-premises environment. VCF 9.0 delivers a single unified platform that supports all applications—traditional, modern, or AI—with consistent operat

Revenue of $15,004 million for the second quarter, up 20 percent from the prior year periodGAAP net income of $4,965 million for the second quarter; Non-GAAP net income of $7,787 million for the second quarterAdjusted EBITDA of $10,001 million for the second quarter, or 67 percent of revenueGAAP diluted EPS of $1.03 for the second quarter; Non-GAAP diluted EPS of $1.58 for the second quarterCash from operations of $6,555 million for the second quarter, less capital expenditures of $144 million, resulted in $6,411 million of free cash flow, or 43 percent of revenueQuarterly common stock dividend of $0.59 per shareRepurchased and eliminated 25.3 million shares for $4,216 millionThird quarter f

PALO ALTO, Calif., June 03, 2025 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) announced today that it is now shipping the Tomahawk® 6 switch series, delivering the world's first 102.4 Terabits/sec of switching capacity in a single chip – double the bandwidth of any Ethernet switch currently available on the market. With unprecedented scale, energy efficiency, and AI-optimized features, Tomahawk 6 is built to power the next generation of scale-up and scale-out AI networks, delivering unmatched flexibility with support for 100G/200G SerDes and co-packaged optics (CPO). It offers the industry's most comprehensive set of AI routing features and interconnect options, designed to meet the dem

PALO ALTO, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- Broadcom (NASDAQ:AVGO) today announced the general availability of the newest investment made to VMware Tanzu CloudHealth, a comprehensive new user experience that delivers a suite of feature enhancements and new AI-powered features like Intelligent Assist and Smart Summary. The new CloudHealth experience brings more accurate data and actionable insights to the entire FinOps Team, making it easier to achieve critical FinOps-driven outcomes and better align investments with business goals. Designed to reduce barriers to entry by making FinOps tools and capabilities available to personas of all backgrounds, it allows all stakeholders in th

Private cloud now rated as a strategic equal to public cloud, driven by cost predictability, GenAI requirements, and trust in delivering on security and compliance needs 53% surveyed say private cloud is their top priority for deploying new workloads over the next three years84% use private cloud for both traditional enterprise apps and modern, cloud-native workloads PALO ALTO, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Private clouds are no longer playing catch-up, and public clouds are no longer the default as organizations recalibrate their cloud strategies. This "cloud reset" was the key takeaway from the Private Cloud Outlook 2025 report, an in-depth global survey of 1,800 senior IT le

PALO ALTO, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) today announced significant advancements in its co-packaged optics (CPO) technology with the launch of its third-generation 200G per lane (200G/lane) CPO product line. In addition to the 200G/lane breakthrough, Broadcom demonstrated the maturity of its second-generation 100G/lane CPO products and ecosystem, highlighting key improvements in OSAT processes, thermal designs, handling procedures, fiber routing, and overall yield. A growing list of publicly-announced industry partners further underscores Broadcom's CPO platform readiness, enabling AI scale-out and scale-up applications for large AI deployments. B

Corning will supply optical components for Broadcom's Bailly co-packaged optics technology Corning Incorporated (NYSE:GLW), a world leader in glass science and optical physics, today announced a collaboration with Broadcom Incorporated (NASDAQ:AVGO), a leading supplier in the semiconductor field, on a co-packaged optics (CPO) infrastructure that will significantly increase processing capacity within data centers. Corning will supply cutting-edge optical components for Broadcom's Bailly CPO system, the industry's first CPO-based 51.2 terabit per second (TBps) ethernet switch. This combination will deliver significant improvements in optical interconnection density and power savings, making

PALO ALTO, Calif., May 5, 2025 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its second quarter fiscal year 2025 financial results and business outlook on Thursday, June 5, 2025 after the close of the market. Broadcom's management will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss these results and business outlook. Date: Thursday, June 5, 2025 Time: 2:00 PM (PT); 5:00 PM (ET) Listen via Internet: The conference call can be accessed live online in the Investors section of the Broadcom website at https://investors.broa

PALO ALTO, Calif., April 15, 2025 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) today announced Incident Prediction, an industry-first security capability that extends Adaptive Protection, a unique feature of Symantec Endpoint Security Complete (SES-C), by leveraging AI to identify and disrupt living-off-the land (LOTL) attacks and other cyberthreats. Trained on a catalog of over 500,000 real-world attack chains built by the world-class Symantec Threat Hunter Team, Incident Prediction puts the advantage back in defenders' hands by: predicting attackers' behaviors, preventing their next move in the attack chain even when they're using legitimate software, and then quickly returning the

PALO ALTO, Calif., April 7, 2025 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced that its Board of Directors has authorized a new share repurchase program to repurchase up to $10 billion of its common stock through December 31, 2025. "Today's announcement of a $10 billion share repurchase program reflects the Board's confidence in the strength of Broadcom's diversified semiconductor and infrastructure software product franchises. In particular, we are uniquely positioned in mission critical infrastructure software and enabling hyperscalers to drive innovation in g