Broadcom stock falls after earnings as analysts still see upside

Published on 09/15/2026 at 14:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Broadcom stock trades at USD 344.72 on Nasdaq as of September 14, 2026 after a 4.8% drop following earnings and strong AI demand. Analysts keep a Moderate Buy consensus with an average price target around USD 505 to 509, signaling notable upside.

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Broadcom Inc. stock (ISIN US11135F1012) is trading at USD 344.72 on Nasdaq as of September 14, 2026, down about 4.8 percent after its latest earnings while analysts still project substantial upside from current levels.

Earnings beat and strong AI-driven revenue growth

According to MarketBeat, Broadcom last reported quarterly results for a period ending in 2026 on Wednesday, September 2, 2026, delivering earnings per share of USD 3.32 versus consensus expectations of USD 3.22, a positive surprise of USD 0.10 per share.

In the same report, Broadcom's revenue for the quarter reached USD 29.59 billion, modestly ahead of analyst expectations of USD 29.24 billion, which represents an increase of 85.5 percent compared with the same quarter a year earlier when revenue growth was far lower and earnings per share stood at USD 1.69.MarketBeat

Broadcom's profitability metrics also remain high: the company reported a return on equity of 48.33 percent and a net margin of 42.94 percent for that latest quarter, underlining the cash-generating nature of its combination of traditional semiconductor products and custom AI infrastructure solutions.MarketBeat

Analysts stay positive despite post-earnings share price drop

As of September 15, 2026, multiple analyst and investor notes highlight that Broadcom stock remains underpinned by a broadly positive Wall Street view even after the post-earnings pullback to USD 344.72.MarketBeat

According to MarketBeat, Broadcom currently carries a consensus rating of Moderate Buy based on one Strong Buy, 29 Buy and 4 Hold recommendations, with a consensus price target of about USD 505.97, implying roughly 46.8 percent upside from the closing price of USD 344.72 on September 14, 2026.

Several individual analyst calls add context to that consensus: for example, Mizuho Securities maintained a Buy rating with a USD 530.00 price target in a note dated September 12, 2026, when the shares closed at USD 361.99, while Jefferies reiterated its Buy rating with a USD 550.00 target on September 2, 2026.The Globe and Mail

Further data compiled by MarketBeat show an average price target around USD 509 to 509.04, with some houses such as Cantor Fitzgerald highlighting longer-term AI infrastructure demand by lifting objectives as high as USD 600.00 and assigning overweight or buy ratings.

Valuation, AI demand and risk factors for investors

Valuation tools point to potential mispricing after the recent drop: research platform GuruFocus calculates a GF Value of USD 403.61 for Broadcom as of September 14, 2026, indicating that the current price of USD 344.72 is about 14.6 percent below its intrinsic value based on historical multiples, growth trends and future earnings estimates.

In an analysis published on September 15, 2026, GuruFocus reiterates that Broadcom's shares appear modestly undervalued, again citing a GF Value of USD 403.61 versus the market price of USD 344.72 and highlighting a GF Score of 99 out of 100, which signals strong overall business quality.

Analyst commentary also points to several risk factors that investors weigh against the upside potential, including elevated valuation multiples relative to some semiconductor peers, customer concentration in large cloud and hyperscale accounts, execution risks around large custom AI chip programs and uncertainties about the pace of AI spending normalization after a period of rapid build-out.MarketBeat

Dividend, cash flows and next dates

Broadcom complements its growth story with regular shareholder returns: the most recent quarterly dividend disclosed in the latest earnings-related materials stands at USD 0.65 per share, translating into an annualized dividend of USD 2.60 and a yield of 0.8 percent at a share price around USD 344.72, with a dividend payout ratio currently at 33.21 percent based on expected earnings per share of 10.36 for the current fiscal year.MarketBeat

Equities analysts tracked by MarketBeat expect Broadcom to post earnings per share of 10.36 for the current fiscal year, underscoring that the latest quarterly EPS beat is part of a broader strong profitability trajectory.

While specific next reporting dates are not highlighted in the week-filtered sources, Broadcom typically anchors its investor communication around scheduled quarterly results and dividend dates published through its investor relations site, where financial calendar information and detailed filings are made available to shareholders.Broadcom

Stock level after earnings and technical context

Per data shown on MarketBeat, Broadcom stock closed at USD 344.72 on Nasdaq on September 14, 2026, representing a decline of USD 17.27 or 4.77 percent for that trading session following the earnings release and subsequent guidance debate.

Over the last 12 months, the share price traded between a low of USD 289.96 and a high of USD 495.00, so the current level of USD 344.72 sits closer to the lower end of that range than to the high, indicating that the stock is roughly USD 54.76 above its 12-month low but USD 150.28 below its 12-month high.MarketBeat

MarketBeat data also indicate that Broadcom's stock was trading at USD 346.10 at the start of the year 2026, meaning that the current price of USD 344.72 represents a decrease of about 0.4 percent year to date, a relatively small move given the volatility in broader semiconductor and AI-related shares over the same period.MarketBeat