Broadcom stock trades at EUR 313.90 after Q3 revenue rises 86 percent

Published on 09/30/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Broadcom stock stood at EUR 313.90, plus 0.10 percent versus the EUR 313.60 prior close at Lang & Schwarz on September 30, 2026. Fiscal Q3 revenue reached USD 29.6 billion, while the USD 527.20 consensus target sets a separate valuation marker.

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Broadcom stock (ISIN US11135F1012) was trading at EUR 313.90 at Lang & Schwarz on September 30, 2026 at 9:19 a.m. CEST, plus 0.10 percent versus the prior close of EUR 313.60. The company reported fiscal Q3 2026 revenue of USD 29.6 billion, up 86 percent year over year, in results released on September 2, 2026.

AI revenue drives the quarter

According to Broadcom, GAAP net income reached USD 13.1 billion in fiscal Q3, compared with USD 4.1 billion in the year-earlier quarter. GAAP diluted earnings per share rose to USD 2.68 from USD 0.85, while cash from operations reached USD 14.2 billion.

The strongest operating figure was AI semiconductor revenue of USD 16.7 billion, up 221 percent year over year and 54 percent sequentially. Broadcom also guided for fiscal Q4 revenue of USD 34.8 billion and AI semiconductor revenue of USD 21.7 billion, implying a sharper concentration of growth in custom accelerators and networking.

Guidance trails the consensus

CNBC reported on September 2, 2026 that adjusted earnings per share came in at USD 3.32 versus USD 3.24 expected, while revenue reached USD 29.59 billion versus USD 29.36 billion expected. The counterpoint was fiscal Q4 guidance of USD 34.8 billion, below the USD 35.03 billion consensus cited in the report.

That gap matters because the forecast still represents 93 percent year-over-year revenue growth, yet it leaves less room for an upside surprise than the completed quarter delivered. Broadcom's fiscal Q3 operating income was USD 16.0 billion on a GAAP basis and USD 20.1 billion on a non-GAAP basis.

Analyst targets remain higher

According to MarketBeat on September 29, 2026, 41 brokerages assigned Broadcom a Moderate Buy consensus and an average 12-month price target of USD 527.20. The report listed 37 buy ratings, three hold ratings and one strong-buy rating.

MarketScreener reported on September 21, 2026 that Bernstein maintained a Buy rating and a USD 575 price target. The figures keep analyst expectations well above the German trading indication, but they do not remove the central test for the shares: whether AI demand can convert the USD 34.8 billion fiscal Q4 guide into another upside result.

Broadcom stock stays nearly flat

Broadcom stock was trading at EUR 313.90 at Lang & Schwarz on September 30, 2026 at 9:19 a.m. CEST, plus 0.10 percent versus the EUR 313.60 prior close. The primary listing is on Nasdaq, where the finance quote showed USD 355.10 at 4:00 p.m. ET on September 29, 2026.