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Founded in 1961, Palo Alto, California-based Broadcom Inc. (AVGO) designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally. The company has a market capitalization of $1.6 trillion and is expected to release its Q1 2026 earnings soon.
Ahead of this event, analysts anticipate the company to generate earnings of $1.66 per share, representing an increase of 18.6% from $1.40 per share reported in the same quarter last year. The company has surpassed the Street’s bottom-line estimates in two of the past four quarters, while missing on two occasions.