Broadcom Inc (NASDAQ:AVGO)is scheduled to report its second quarter results after market close on Wednesday, June 3.

Analysts expect the Palo Alto, California-based company to report adjusted EPS of $2.40 on revenue of $22.12 billion, representing year-over-year increase of about 52% for earnings and 47.5% for revenue, driven by surging demand for custom AI accelerators and infrastructure software.

On June 1, Broadcom showcased its new broadband Edge AI portfolio, which includes AI-ready broadband solutions such as a 50G PON gateway SoC, a comprehensive Wi-Fi 8 product family, and a joint 5G and Wi-Fi 8 fixed wireless access (FWA) platform solution.

Shares of Broadcom surged 4.70% to close at $481.77 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Morgan Stanley analyst Joseph Moore maintained Broadcom with an Overweight rating while raising the price target from $470 to $485 on June 1, 2026. This analyst has an accuracy rate of 83%.

Susquehanna analyst Christopher Rolland reiterated the stock with at Positive while increasing the price target from $450 to $490 on May 28, 2026. This analyst has an accuracy rate of 83%.

UBS analyst Timothy Arcuri reaffirmed a Buy rating on the stock while raising the price target from $475 to $490 on May 18, 2026. This analyst has an accuracy rate of 89%.

TD Cowen analyst Joshua Buchalter maintained the stock at Buy while raising the price target from $405 to $500 on May 15, 2026. This analyst has an accuracy rate of 75%.

Wells Fargo analyst Aaron Rakers reiterated an Overweight rating on the stock while increasing the price target from $430 to $545 on May 14, 2026. This analyst has an accuracy rate of 89%.

Considering buying AVGO stock? Here’s what analysts think: