Broadcom (AVGO) reports fiscal Q3 2026 earnings after the close on Wednesday, Sept. 2. The numbers will almost certainly be extraordinary. The real question, and Morgan Stanley spelled it out, is whether extraordinary is enough.
That's the setup heading into Q3. Not "Can Broadcom deliver?" but whether it can clear a bar that some investors have quietly set at more than $150 billion in AI revenue for fiscal 2027. Morgan Stanley models $120 billion.
The gap between those two numbers is where near-term volatility lives. Remember, Q2 was a great reminder that very strong results are not necessarily enough when expectations are high.
The firm maintains its Overweight rating on AVGO, according to a note shared with me at TheStreet. But it's worth reading the note's headline: "The main risk into the print is expectations rather than fundamentals."
Also Read: Broadcom Inc. Latest News and Stories
#fiscal #extraordinary #enough
That's the setup heading into Q3. Not "Can Broadcom deliver?" but whether it can clear a bar that some investors have quietly set at more than $150 billion in AI revenue for fiscal 2027. Morgan Stanley models $120 billion.
The gap between those two numbers is where near-term volatility lives. Remember, Q2 was a great reminder that very strong results are not necessarily enough when expectations are high.
The firm maintains its Overweight rating on AVGO, according to a note shared with me at TheStreet. But it's worth reading the note's headline: "The main risk into the print is expectations rather than fundamentals."
Also Read: Broadcom Inc. Latest News and Stories
#fiscal #extraordinary #enough
3 days ago
