Broadcom shares jump after setting Q4 earnings date and AI revenue guidance
+1 new source since this summary was written
Broadcom announced its fourth‑quarter 2026 earnings release date and forecast Q4 revenue of $34.8 billion with AI semiconductor revenue of $21.7 billion. The guidance, together with the acceptance of its VM API project into the CNCF Sandbox and strong analyst support, sent the stock higher across the day. Analysts also expect diluted EPS of $3.45 for Q4, more than double the $1.61 reported a year earlier.
Why it matters
The revenue and AI‑revenue guidance set a new performance baseline that could lift the consensus price target, while the EPS outlook suggests a significant earnings acceleration for investors. The stock’s rally reflects renewed investor confidence ahead of the December 9 earnings release.
Key facts
- 1Broadcom set its Q4 2026 earnings release date for December 9. investing.com
- 2Management guided Q4 revenue to $34.8 billion. finance.yahoo.com
- 3AI semiconductor revenue is expected to be $21.7 billion in Q4. finance.yahoo.com
- 4Q3 revenue was $29.6 billion, up 86% year‑over‑year. finance.yahoo.com
- 5Q3 AI revenue was $16.7 billion, up 221% year‑over‑year. finance.yahoo.com
- 6Analysts project diluted EPS of $3.45 for Q4, a 114.3% increase from $1.61 a year earlier. invezz.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.