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Broadcom Beats Forecasts but Q4 Sales Fall Short

By Drooid · · How we work

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Story summary
  • Broadcom posted Q3 2026 adjusted EPS of $3.32 on $29.59 billion revenue, beating forecasts.
  • Despite the earnings beat, Broadcom’s shares fell after the report.
  • The company forecast Q4 sales of $34.8 billion, below analysts’ $35.03 billion target.
  • Broadcom said Anthropic will become its largest XPU hardware buyer in 2027, overtaking Alphabet.
  • Broadcom projects fiscal 2028 adjusted EPS above $30, beating the $25 consensus.