Broadcom stock gains as AI revenue tops USD 16.7 billion
Published on 09/20/2026 at 15:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Broadcom stock (ISIN US11135F1012) traded at USD 357.61 on September 20, 2026, after rising 2.97 percent, with a market value of USD 1.71 trillion and 52-week trading between USD 293.41 and USD 481.57.
AI still drives the story
In its Q3 update, Broadcom reported revenue of USD 29.59 billion, up 86 percent year over year, while adjusted EPS came in at USD 3.32, above the USD 3.24 estimate mentioned in the same report from Odaily.
The same report said AI semiconductor revenue reached USD 16.7 billion, up 221 percent year over year and 54 percent quarter over quarter, while Q4 AI semiconductor guidance rose to USD 21.7 billion.
Guidance is the key test
Broadcom also guided for total Q4 revenue of USD 34.8 billion, slightly below the USD 35.03 billion expectation cited by Odaily, which helped explain why the stock fell 3.1 percent after earnings even with the AI beat.
Pluang's Broadcom overview showed a 90 percent analyst buy rating and a consensus target of USD 509.61, alongside the USD 357.61 quote, which leaves the stock far below that average target.
Stock stays below the target
At USD 357.61 on September 20, 2026, Broadcom was still 25.0 percent below the USD 481.57 52-week high and above the USD 293.41 low, keeping the valuation debate open for investors.
Broadcom market snapshot
- Company: Broadcom Inc.
- ISIN: US11135F1012
- Ticker: AVGO
- Trading venue: Nasdaq
- Price (as of September 20, 2026): USD 357.61
- Market capitalization: USD 1.71 trillion
- Sector / Industry: Technology
- Index membership: S&P 500
