How analysts reacted to Broadcom’s results
Broadcom reported on June 3, 2026 (quarter ended Apr 2026). In the next sessions, 23 Wall Street firms published notes: 15 raised their price target, 1 cut it and 5 kept it unchanged. The median target of the 21 firms with a before-and-after figure went from $500 to $530 (+6%). 1 firm upgraded the stock and 1 firm downgraded it. The shares fell 13% on Jun 4, the first session after the report.
Every firm’s call 23
The first note from each firm in the session that reacted to the results and the next two, with its previous target. Since then the shares have lost 14% ($360.14 on Oct 8), against a median target of $530 from these firms. Broadcom consensus today
| Before After Share price | ||||||
|---|---|---|---|---|---|---|
 Deutsche Bank | Buy | $430 | $515 | +20% | Jun 4 | |
 Oppenheimer | Buy | $450 | $535 | +19% | Jun 4 | |
 Bank of America | Buy | $450 | $530 | +18% | Jun 4 | |
 JP Morgan | Buy | $500 | $580 | +16% | Jun 4 | |
 KeyBanc | Buy | $500 | $575 | +15% | Jun 4 | |
 StoneX | Buy | $485 | $545 | +12% | Jun 4 | |
 RBC Capital | Hold | $360 | $400 | +11% | Jun 4 | |
 Mizuho | Buy | $480 | $530 | +10% | Jun 4 | |
 Jefferies | Buy | $500 | $550 | +10% | Jun 4 | |
 BNP Paribas | Buy | $600 | $640 | +7% | Jun 4 | |
 DA Davidson | Hold | $375 | $400 | +7% | Jun 4 | |
 Raymond James | Buy | $428 | $450 | +5% | Jun 4 | |
 Bernstein | Buy | $525 | $550 | +5% | Jun 4 | |
 Morgan Stanley | Buy | $485 | $502 | +4% | Jun 4 | |
 Truist | Buy | $545 | $550 | +1% | Jun 4 | |
 TD Cowen | Buy | $500 | $500 | Kept | Jun 4 | |
 Cantor | Buy | $525 | $525 | Kept | Jun 4 | |
 Wolfe Research | Buy | $500 | $500 | Kept | Jun 4 | |
 Evercore | Buy | $582 | $582 | Kept | Jun 4 | |
 Goldman Sachs | Buy | $525 | $525 | Kept | Jun 4 | |
 UBS | Buy | $490 | $485 | −1% | Jun 4 | |
 MacquarieDowngrade | Hold | — | $437 | — | Jun 4 | |
 Erste GroupUpgrade | Buy | — | — | — | Jun 5 |
Earlier Broadcom reports
Latest earnings reactions
MicronSep 3020 of 24 kept targetsMedian target +1%Shares +3%
OracleSep 106 of 12 kept targetsMedian target +1%Shares −5%
NIOSep 14 of 4 cut targetsMedian target −29%Shares −5%
MarvellAug 275 of 11 raised targetsMedian target 0%Shares −10%
Li AutoAug 266 of 7 cut targetsMedian target −10%Shares −1%
NVIDIAAug 2616 of 23 raised targetsMedian target +5%Shares +9%How this works: the earnings date and EPS figures come from Nasdaq. The calls are the notes in our database from the session that reacted to the results and the next two, one per firm (its first); for reports after the close, notes dated the report day are treated as previews and left out. “Before” is the previous target quoted in the note or, if missing, the firm’s last target in our database. The median target uses firms with both figures. The share move compares the close before the reaction session with the close of the session that moved most (the report day or the next one). Which firms’ targets come true