Stocktwits sentiment for AVGO was ‘extremely bearish’ (99/100) on Thursday morning. Broadcom shares plunged more than 12% in early premarket trading Thursday as investors reacted negatively to the AI chipmaker’s decision to leave its fiscal 2027 AI revenue target unchanged despite delivering an upbeat second-quarter performance.

Stock market premarket update: mixed futures as Broadcom earnings disappoint and Middle East tensions linger—see key moves in AVGO, PL, APO & TSM—read now.

The options market gives us an inkling of the sentiments surrounding a stock. The one for AI chipmaker Broadcom (AVGO), before its Q2 print, signaled a bullish overtone. However, straddles on the company's stock were also trading heavily.

Citi urged investors to buy the post-earnings dip in AVGO stock, reiterating its ‘Buy’ rating and $500 price target.

The stock market has developed a peculiar habit during the artificial intelligence boom: good news is no longer enough. Investors now demand great results, raised guidance, and proof that AI growth is accelerating even faster than expected.

Broadcom (AVGO) stock sinks further in Thursday trading despite topping estimates for fiscal second quarter earnings and revenue, while also outpacing forecasts on third quarter guidance. Northwestern Mutual Wealth Management Company CIO Brent Schutte joins Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma in assessing Broadcom's post-earnings stock reaction compared to other AI players.

Broadcom published its Q2 FY26 earnings report at the close of markets today. The company reported $22.187 billion in the quarter, beating the analyst estimate of $22.04 billion. Broadcom’s EPS was $2.44/share. While that beats the $2.39/share consensus estimate, it falls just short of the whisper number, which was $2.45/share.

Broadcom is due to report earnings Wednesday afternoon, with traders anticipating a big move in its stock that could take it to new highs.

Few mega-caps have ridden the AI infrastructure wave as cleanly as Broadcom (NASDAQ:AVGO | AVGO Price Prediction). With AI semiconductor revenue compounding at triple-digit rates and CEO Hock Tan publicly targeting $100 billion in AI sales by 2027,

Detailed price information for Cisco Systems Inc (CSCO-Q) from The Globe and Mail including charting and trades.

Broadcom stock slid 14% despite reporting strong Q2 earnings. AI semiconductor revenue surged 143% to reach $10.8 billion. Analysts lifted price targets even after the post-earnings selloff. Broadcom delivered the kind of quarter most companies would call a statement result, but the market wanted more.

With AI semiconductor revenue as the driving factor, Broadcom (AVGO) stock has trended higher by 56% in the last 52 weeks. The rally has been supported by robust top-line growth and upside in cash flows.