Track market-moving stories before they get noisy

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Intuit Inc. (NASDAQ: INTU) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Intuit securities between August 22, 2025 and May 20, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/INTU.

Intuit Case Details

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that:
      (1)   they had overstated Intuit’s competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations;
      (2)   in reality, Intuit was losing significant business in its tax-related business, particularly in its TurboTax business, as a result of, inter alia, increasing competitive and pricing pressures;
      (3)   accordingly, Intuit’s previously issued FY 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic; and
      (4)   as a result, Defendants’ public statements were materially false and misleading at all relevant times.

What's Next for Intuit Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/INTU. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Intuit you have until September 8, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Intuit Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Intuit Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.

New York, New York--(Newsfile Corp. - September 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Intuit Inc. (NASDAQ: INTU) between February 25, 2025 and June 1, 2026, inclusive (the "Class Period"), of the important September 8, 2026 lead plaintiff deadline. The Class Period was expanded to include more investors.

SO WHAT: If you purchased Intuit common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Intuit class action, go to https://rosenlegal.com/cases/intuit-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 8, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants portrayed Intuit as uniquely positioned to benefit from the rapid adoption of generative artificial intelligence ("GenAI"). Defendants further assured investors that Mailchimp, an email marketing platform Intuit had acquired in 2021, was successfully executing a turnaround and remained on track to return to double-digit growth. The lawsuit alleges that these statements were materially false and misleading because defendants concealed that GenAI was already placing significant competitive pressure on Intuit's core businesses, undermining its ability to sustain the growth, pricing, and profitability investors had come to expect. Defendants likewise concealed that Mailchimp was failing to deliver the growth and strategic benefits defendants repeatedly touted. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Intuit class action, go to https://rosenlegal.com/cases/intuit-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313375

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

INTU Deadline: Rosen Law Firm Urges Intuit Inc. (NASDAQ: INTU) Stockholders to Contact the Firm for Information About Their Rights Rosen Law Firm, a global investor rights law firm, reminds investors about a class action lawsuit on behalf of purchasers of common stock of Intuit Inc. (NASDAQ: INTU) between February 25, 2025 and June 1, 2026. The Class Period was expanded to include more investors. Intuit describes itself as a company that “provides financial management, payments and capital, compliance, and marketing products and services in the U.S.”

For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.

The Allegations: Rosen Law Firm is Investigating the Allegations that Intuit Inc. (NASDAQ: INTU) Misled Investors Regarding its Business Operations.

According to the lawsuit, throughout the Class Period, defendants portrayed Intuit as uniquely positioned to benefit from the rapid adoption of generative artificial intelligence (“GenAI”). Defendants further assured investors that Mailchimp, an email marketing platform Intuit had acquired in 2021, was successfully executing a turnaround and remained on track to return to double-digit growth. The lawsuit alleges that these statements were materially false and misleading because defendants concealed that GenAI was already placing significant competitive pressure on Intuit’s core businesses, undermining its ability to sustain the growth, pricing, and profitability investors had come to expect. Defendants likewise concealed that Mailchimp was failing to deliver the growth and strategic benefits defendants repeatedly touted. When the true details entered the market, the lawsuit claims that investors suffered damages.

What Now: You may be eligible to participate in the class action against Intuit Inc. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by September 8, 2026. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $2 billion for shareholders.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260908506940/en/

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Lockheed Martin (LMT +2.07%) stock jumped 2.5% through 11:50 a.m. ET this morning.

You can thank Swiss investment bank UBS for that.

Image source: Getty Images.

Why UBS loves Lockheed stock Lockheed Martin isn't expected to report earnings again until late October, but that isn't stopping UBS from making its recommendation now: Buy Lockheed Martin stock, which costs only $538 per share but is set to reach $674 per share within a year.

UBS bases its upgrade on the belief that Lockheed's F-35 fighter jet franchise, plus missile sales, will result in "stronger and more durable earnings growth than investors currently expect," as StreetInsider.com reports today.

How much stronger? With Lockheed's book-to-bill ratio hitting a massive 3.2x in the most recent quarter, UBS sees Lockheed's sales growing 9% annually over the next 2-3 years, with earnings growth in the double-digits. This isn't an uncommon view, either. Indeed, according to data from S&P Global Market Intelligence, most analysts following Lockheed are forecasting earnings growth in the 19%- plus range over the next five years.

Premium Feature

Moneyball Superscore

78/100

Today's Change

(

2.07

%) $

10.87

Current Price

$

536.15

How to value Lockheed Martin stock And honestly, this is the time frame I'd focus on as an investor: Long-term -- five years out or more -- not just the next couple of years. As UBS points out, depleted U.S. weapons inventories should keep Lockheed Martin busy building missiles as far out as 2030 or even 2035.

Meanwhile, Lockheed Martin stock costs barely 19.2 times earning -- and less than 14 times free cash flow. Weighed against the company's 19% expected growth, and supported by a healthy 2.6% dividend yield, Lockheed Martin stock may be one of the best buys in defense today.

UBS thinks it's a buy -- and I agree.

Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lockheed Martin. The Motley Fool has a disclosure policy.

Lockheed Martin (LMT - Free Report) closed at $536.15 in the latest trading session, marking a +2.07% move from the prior day. This change outpaced the S&P 500's 0.58% loss on the day. Elsewhere, the Dow lost 1.18%, while the tech-heavy Nasdaq lost 0.32%.

Prior to today's trading, shares of the aerospace and defense company had lost 12.91% lagged the Aerospace sector's loss of 10.2% and the S&P 500's loss of 0.36%.

Analysts and investors alike will be keeping a close eye on the performance of Lockheed Martin in its upcoming earnings disclosure. The company is forecasted to report an EPS of $7.28, showcasing a 4.75% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $20.33 billion, showing a 9.27% escalation compared to the year-ago quarter.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $30.39 per share and revenue of $80.82 billion. These totals would mark changes of +31.44% and +7.7%, respectively, from last year.

Investors should also pay attention to any latest changes in analyst estimates for Lockheed Martin. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.1% higher within the past month. Lockheed Martin is currently a Zacks Rank #3 (Hold).

With respect to valuation, Lockheed Martin is currently being traded at a Forward P/E ratio of 17.28. This valuation marks a discount compared to its industry average Forward P/E of 21.9.

One should further note that LMT currently holds a PEG ratio of 1.14. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Aerospace - Defense industry had an average PEG ratio of 1.65.

The Aerospace - Defense industry is part of the Aerospace sector. With its current Zacks Industry Rank of 89, this industry ranks in the top 37% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today announced expanded leadership roles for two members of its Executive Team. Brian Franz has been appointed Chief Technology & Transformation Officer, expanding his responsibilities to include leading the company's enterprise-wide transformation. Amber English has been named President, Digital & Online, The Americas and Global Amazon Lead, assuming new enterprise-wide responsibility for The Estée Lauder Companies'.

Rakuten Investment Management Inc. increased its holdings in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 14.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 969,839 shares of the semiconductor manufacturer’s stock after acquiring an additional 123,941 shares during the quarter. Broadcom makes up about 1.0% of Rakuten Investment Management Inc.’s investment portfolio, making the stock its 8th largest position. Rakuten Investment Management Inc.’s holdings in Broadcom were worth $361,217,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Denver PWM LLC increased its position in Broadcom by 17.5% during the 2nd quarter. Denver PWM LLC now owns 1,611 shares of the semiconductor manufacturer’s stock valued at $633,000 after purchasing an additional 240 shares during the period. Orion Capital Management LLC raised its holdings in shares of Broadcom by 16.8% in the 2nd quarter. Orion Capital Management LLC now owns 2,061 shares of the semiconductor manufacturer’s stock valued at $779,000 after purchasing an additional 296 shares in the last quarter. Liontrust Investment Partners LLP lifted its position in shares of Broadcom by 3.7% in the 2nd quarter. Liontrust Investment Partners LLP now owns 642,254 shares of the semiconductor manufacturer’s stock worth $242,611,000 after purchasing an additional 22,702 shares during the period. Glenview Trust Co purchased a new stake in shares of Broadcom in the 2nd quarter worth approximately $147,696,000. Finally, Concorde Asset Management LLC boosted its stake in shares of Broadcom by 5.5% during the second quarter. Concorde Asset Management LLC now owns 2,186 shares of the semiconductor manufacturer’s stock valued at $826,000 after purchasing an additional 114 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors.

Broadcom Price Performance Shares of Broadcom stock opened at $357.89 on Tuesday. The company has a quick ratio of 2.29, a current ratio of 2.50 and a debt-to-equity ratio of 0.57. The company has a market cap of $1.70 trillion, a P/E ratio of 45.71 and a beta of 1.44. The firm’s 50 day moving average price is $383.28 and its 200-day moving average price is $377.77. Broadcom Inc. has a 52-week low of $289.96 and a 52-week high of $495.00.

Broadcom (NASDAQ:AVGO – Get Free Report) last announced its earnings results on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share for the quarter, beating the consensus estimate of $3.22 by $0.10. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The company had revenue of $29.59 billion during the quarter, compared to the consensus estimate of $29.24 billion. During the same period last year, the firm earned $1.69 earnings per share. Broadcom’s revenue was up 85.5% compared to the same quarter last year. On average, sell-side analysts predict that Broadcom Inc. will post 10.25 EPS for the current fiscal year. Broadcom Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 21st. Broadcom’s dividend payout ratio is currently 33.21%.

Insiders Place Their Bets In other Broadcom news, Director Justine Page sold 1,602 shares of the firm’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $373.86, for a total value of $598,923.72. Following the completion of the sale, the director owned 17,426 shares of the company’s stock, valued at approximately $6,514,884.36. This trade represents a 8.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gayla Delly sold 1,890 shares of the business’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $385.38, for a total value of $728,368.20. Following the sale, the director owned 31,326 shares in the company, valued at $12,072,413.88. The trade was a 5.69% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 61,644 shares of company stock valued at $24,016,214. 1.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In Several brokerages recently issued reports on AVGO. Benchmark lifted their price objective on shares of Broadcom from $485.00 to $545.00 and gave the company a “buy” rating in a report on Thursday, June 4th. Raymond James Financial restated an “outperform” rating and set a $475.00 target price (up from $450.00) on shares of Broadcom in a report on Thursday. Oppenheimer reaffirmed an “outperform” rating and set a $535.00 target price (up from $450.00) on shares of Broadcom in a research report on Thursday, June 4th. Rosenblatt Securities began coverage on Broadcom in a report on Thursday, September 3rd. They issued a “buy” rating and a $600.00 price target on the stock. Finally, Susquehanna reissued a “positive” rating and issued a $490.00 price target (up from $450.00) on shares of Broadcom in a research report on Thursday, May 28th. Thirty investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $504.93.

Get Our Latest Report on AVGO

Key Broadcom News Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom raised its fiscal 2027 AI-semiconductor revenue forecast to approximately $115 billion, up from more than $100 billion previously, and reportedly sees potential for about $230 billion in fiscal 2028. The outlook reflects sustained spending by hyperscalers on custom accelerators and AI infrastructure. Broadcom’s AI Forecast Suggests Hyperscalers Want More Than Just Nvidia GPUs Positive Sentiment: AI semiconductor revenue reportedly jumped 221% to $16.7 billion in the latest quarter. Broadcom is benefiting as large technology companies seek alternatives or complements to Nvidia GPUs, particularly for inference workloads, custom silicon and high-speed data-center networking. Broadcom Inc. Stock: Rises as Custom AI Silicon Fuels Massive Growth Outlook Positive Sentiment: Analysts and financial commentators increasingly characterize Broadcom as a major beneficiary of the expansion of customized AI infrastructure, alongside its strong free-cash-flow generation and AI networking exposure. The company’s custom-chip strategy could also pressure competitors such as AMD in hyperscaler accounts. Broadcom stock: Why the AI chipmaker’s growth story is gaining steam Neutral Sentiment: High-volume purchases of Broadcom call options indicate speculative bullish interest, but options activity does not guarantee sustained buying in the shares. Stock Traders Purchase High Volume of Broadcom Call Options Negative Sentiment: Investors remain concerned about Broadcom’s premium valuation, possible margin pressure, supply constraints and dependence on a limited number of large customers. These risks help explain why the stock has declined over the past three months despite its strong AI growth outlook. Broadcom Drops 10% in 3 Months: Buy, Sell or Hold the Stock? About Broadcom (Free Report)

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.

Featured Articles Five stocks we like better than Broadcom 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report).

Receive News & Ratings for Broadcom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadcom and related companies with MarketBeat.com's FREE daily email newsletter.

Pin Oak Investment Advisors Inc. acquired a new position in Broadcom Inc. (NASDAQ:AVGO – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,406 shares of the semiconductor manufacturer’s stock, valued at approximately $436,000.

A number of other hedge funds also recently bought and sold shares of AVGO. Norges Bank bought a new stake in shares of Broadcom during the 4th quarter valued at $24,252,196,000. Legal & General Group Plc bought a new stake in Broadcom during the 2nd quarter worth approximately $11,998,148,000. Bank of New York Mellon Corp purchased a new position in Broadcom during the second quarter valued at approximately $10,528,191,000. Jupiter Topco LLC purchased a new position in Broadcom during the second quarter valued at approximately $7,396,271,000. Finally, Deutsche Bank AG bought a new position in shares of Broadcom in the second quarter worth approximately $5,661,216,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

More Broadcom News Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom raised its fiscal 2027 AI-semiconductor revenue forecast to approximately $115 billion, up from more than $100 billion previously, and reportedly sees potential for about $230 billion in fiscal 2028. The outlook reflects sustained spending by hyperscalers on custom accelerators and AI infrastructure. Broadcom’s AI Forecast Suggests Hyperscalers Want More Than Just Nvidia GPUs Positive Sentiment: AI semiconductor revenue reportedly jumped 221% to $16.7 billion in the latest quarter. Broadcom is benefiting as large technology companies seek alternatives or complements to Nvidia GPUs, particularly for inference workloads, custom silicon and high-speed data-center networking. Broadcom Inc. Stock: Rises as Custom AI Silicon Fuels Massive Growth Outlook Positive Sentiment: Analysts and financial commentators increasingly characterize Broadcom as a major beneficiary of the expansion of customized AI infrastructure, alongside its strong free-cash-flow generation and AI networking exposure. The company’s custom-chip strategy could also pressure competitors such as AMD in hyperscaler accounts. Broadcom stock: Why the AI chipmaker’s growth story is gaining steam Neutral Sentiment: High-volume purchases of Broadcom call options indicate speculative bullish interest, but options activity does not guarantee sustained buying in the shares. Stock Traders Purchase High Volume of Broadcom Call Options Negative Sentiment: Investors remain concerned about Broadcom’s premium valuation, possible margin pressure, supply constraints and dependence on a limited number of large customers. These risks help explain why the stock has declined over the past three months despite its strong AI growth outlook. Broadcom Drops 10% in 3 Months: Buy, Sell or Hold the Stock? Broadcom Stock Performance Shares of AVGO stock opened at $357.89 on Tuesday. The business’s fifty day simple moving average is $383.28 and its 200-day simple moving average is $377.77. The company has a current ratio of 2.50, a quick ratio of 2.29 and a debt-to-equity ratio of 0.57. Broadcom Inc. has a 12-month low of $289.96 and a 12-month high of $495.00. The company has a market cap of $1.70 trillion, a PE ratio of 45.71 and a beta of 1.44. Broadcom (NASDAQ:AVGO – Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 EPS for the quarter, topping the consensus estimate of $3.22 by $0.10. The business had revenue of $29.59 billion during the quarter, compared to the consensus estimate of $29.24 billion. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The business’s revenue for the quarter was up 85.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.69 earnings per share. Analysts expect that Broadcom Inc. will post 10.25 earnings per share for the current fiscal year.

Broadcom Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be given a dividend of $0.65 per share. The ex-dividend date is Monday, September 21st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is 33.21%.

Wall Street Analysts Forecast Growth A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $515.00 price objective (up from $430.00) on shares of Broadcom in a research note on Thursday, June 4th. Rosenblatt Securities initiated coverage on Broadcom in a research note on Thursday, September 3rd. They issued a “buy” rating and a $600.00 price target for the company. Benchmark lifted their price objective on shares of Broadcom from $485.00 to $545.00 and gave the company a “buy” rating in a research report on Thursday, June 4th. The Goldman Sachs Group reiterated a “buy” rating on shares of Broadcom in a research report on Monday, August 3rd. Finally, Dbs Bank upgraded shares of Broadcom to a “moderate buy” rating in a research report on Thursday, June 18th. Thirty analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $504.93.

Check Out Our Latest Analysis on AVGO

Insiders Place Their Bets In related news, Director Gayla Delly sold 1,890 shares of the business’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $385.38, for a total value of $728,368.20. Following the completion of the sale, the director owned 31,326 shares of the company’s stock, valued at approximately $12,072,413.88. The trade was a 5.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark Brazeal sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $401.33, for a total value of $10,033,250.00. Following the sale, the insider owned 194,989 shares of the company’s stock, valued at approximately $78,254,935.37. This trade represents a 11.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 61,644 shares of company stock valued at $24,016,214 in the last three months. 1.90% of the stock is currently owned by company insiders.

Broadcom Company Profile (Free Report)

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.

Further Reading Five stocks we like better than Broadcom 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report).

Receive News & Ratings for Broadcom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadcom and related companies with MarketBeat.com's FREE daily email newsletter.

Broadcom delivered a standout Q3, with 86% revenue growth and robust beats on both top and bottom lines, driven by AI semiconductor momentum. I maintain a Strong Buy rating and $588 price target, citing accelerating growth in both Semiconductor Solutions and Infrastructure Software, and a comfortable margin of safety versus Street estimates. AVGO's AI chip business is scaling rapidly, with secured supply supporting $115B in FY27 and $230B in FY28, underpinned by sticky hyperscaler relationships and cost advantages.

Amazon just handed Qualcomm a multi-generation AI silicon deal that sent shares surging against a falling market, but the fine print raises a pointed question about whether this credential ever becomes a revenue line.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

A multi-generation AI silicon supply deal is powering Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) shares in Tuesday morning trading, handing the chipmaker a marquee data-center credential well outside its handset franchise. The counterparty is Amazon (NASDAQ:AMZN), whose AWS unit will co-develop customized silicon at scale with Qualcomm for large-scale AI inference workloads. The reaction reads squarely as a Qualcomm story, which fits the shape of the announcement.

Broader benchmarks are lower: the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.47%, so the chip names are climbing against a softer tape. Qualcomm stock is up 5% to $177.60 in early trading. At the same time, Broadcom (NASDAQ:AVGO) stock is rising 3% to $367.10 on read-through to the custom AI silicon category.

Amazon stock is down 1% to $255.65 as the buyer folds another silicon supplier into its AWS mix. Notably, Qualcomm stock was up 5% year to date (YTD) heading into the session, meaning today’s move accounts for essentially all of that advance. Qualcomm’s market capitalization sits near $189.7 billion against Broadcom’s $1.755 trillion, framing the scale gap between the two AI silicon stories.

Amazon Deal Validates Qualcomm’s Data-Center Push Deal details include customized silicon built for AI inference at hyperscale, plus high-performance optical connectivity that leans on Qualcomm’s SerDes and optical DSP portfolio. Qualcomm will also deepen its own use of AWS for electronic design automation workloads, which management pitches as a way to compress chip design cycles. CEO Cristiano Amon said data center infrastructure needs advances in both computing and connectivity to deliver greater performance with more efficiency.

Amon has been steering the company toward a $40 billion non-handset revenue target by fiscal 2029, with the data center as the accelerator. On the July earnings call, he guided non-handset revenue growth to accelerate from 24% in fiscal 2026 to greater than 60% in fiscal 2027, and flagged data-center revenue of $5 billion in fiscal 2027 rising to $15 billion by fiscal 2029. The Amazon collaboration appears to confirm and expand the hyperscaler custom silicon engagement Qualcomm previewed on its Q2 FY2026 call.

Broadcom’s Read-Through and the Custom Silicon Category Broadcom is the incumbent in custom AI accelerators and hyperscaler networking, so a fresh Qualcomm win could easily have been read as share migration away from the leader. Instead, Broadcom shares are climbing alongside Qualcomm, which points to broad validation of the custom silicon category across suppliers.

Broadcom’s own numbers make the demand backdrop clear. Last week, the company posted AI semiconductor revenue of $16.7 billion, up 221% year over year (YoY), and guided Q4 FY2026 AI revenue to approximately $21.7 billion. CEO Hock Tan told analysts “demand for our custom AI accelerators and networking continues to be very strong.”

The optical connectivity dimension of the Qualcomm-Amazon deal overlaps directly with Broadcom’s dominant optical DSP franchise. On its September earnings call, Broadcom management flagged Tomahawk 6 deployments at essentially every AI hyperscaler and said demand for EML and CW lasers is far outstripping industry supply, which frames the connectivity buildout as a rising-tide dynamic across suppliers (we profiled seven companies riding that same AI infrastructure buildout, from power to cooling to networking, in a free report here).

Amazon, for its part, keeps stacking silicon suppliers to lower the cost of inference and preserve customer choice. CEO Andy Jassy said on the July call that AI and Chips businesses each exceeded $25 billion annualized run rates growing triple-digit percentages, with OpenAI committing roughly 2 gigawatts of Trainium capacity and Anthropic up to 5 gigawatts. Qualcomm now joins Trainium and Graviton in the AWS chip roster, giving the lineup another optionality lever without dislodging incumbent silicon programs.

What to Watch The immediate question is whether Qualcomm’s morning gain holds into the close. The announcement didn’t carry committed volume, disclosed revenue, or a delivery timetable, and that gap is precisely what would turn a credential into an earnings line. Analyst notes on non-handset ramp acceleration should shape the next leg for Qualcomm shares.

Investors sizing their exposure to the AI silicon trade may want to watch for durability in Broadcom’s sympathy move, since the incumbent’s reaction is the cleanest read on how this deal gets framed. Furthermore, traders can keep an eye on the stock for any Amazon commentary that quantifies volumes or timelines, which would push the story from category validation toward a countable revenue line.

Given the absence of hard volume or delivery details, keeping their position sizing modest makes sense until Qualcomm quantifies the ramp. Qualcomm stock carries a P/E ratio near 33x, which already prices in some data-center optimism, so any disappointment on cadence could cool sentiment quickly.

Contact [email protected] for any questions or corrections.

Application-specific integrated circuits (ASICs) are custom chips designed to perform specific tasks, and demand for these chips has been growing at a terrific pace amid the artificial intelligence (AI) infrastructure boom.

As custom AI processors are designed exclusively to perform a specific task, they are extremely efficient at that task. This results in higher energy efficiency and improved performance over general-purpose chips, such as graphics cards. The lower cost of running AI workloads on custom chips is why major hyperscalers and AI companies have been designing in-house processors.

Marvell Technology (MRVL +0.83%) and Broadcom (AVGO +2.98%) are among the leading players in custom AI chips, which explains why they have been growing at an incredible pace. Let's take a closer look at their business and decide which of these semiconductor stocks is a better buy right now for investors looking to capitalize on the fast-growing custom AI space.

Image source: The Motley Fool.

Marvell and Broadcom dominate the custom AI chip market, but one of them is significantly bigger Counterpoint Research estimates that Broadcom will control 60% of the custom AI chip market in 2027. Marvell is a challenger to Broadcom in this space, with a market share of 20% to 25%.

Premium Feature

Moneyball Superscore

88/100

Today's Change

(

0.83

%) $

1.86

Current Price

$

225.41

Broadcom's dominant share explains why it is growing at a significantly faster pace. Its revenue in the third quarter of fiscal 2026 (which ended on Aug. 2) increased 86% year over year to $29.6 billion. Broadcom noted that its impressive growth was driven primarily by a 221% year-over-year increase in AI semiconductor revenue to $16.7 billion.

The impressive top-line growth translated into a 96% year-over-year increase in the company's earnings per share to $3.32. The good news for Broadcom investors is that the company expects its AI chip revenue to increase 236% year over year in the current quarter to $21.7 billion.

The rapid growth in Broadcom's AI chip revenue can be attributed to its solid customer base, which includes OpenAI, Anthropic, Meta Platforms, and Alphabet's Google, among others. Importantly, Broadcom predicts that its AI chip momentum will continue well beyond fiscal 2026.

Specifically, the company anticipates an increase of 186% in AI chip revenue in fiscal 2026 to $58 billion, followed by an increase of almost 2x in fiscal 2027 to $115 billion. What's more, Broadcom predicts that its AI chip revenue could jump to $230 billion in fiscal 2028. Broadcom believes that this phenomenal growth trajectory could take its earnings per share to more than $30.00 in fiscal 2028. That would be a significant improvement over the company's estimated fiscal 2026 earnings per share of $11.64.

Marvell, meanwhile, reported a 37% year-over-year increase in revenue in the second quarter of fiscal 2027 (which ended on Aug. 1) to $2.74 billion. Its earnings-per-share growth was also healthy at 40%. Though Marvell's growth is respectable, Broadcom's numbers make it clear that its dominance in custom AI chips is giving it a bigger boost.

Also, Marvell's guidance suggests it won't match Broadcom's superior growth anytime soon. The company anticipates a 45% jump in revenue in fiscal 2027 to $12 billion, followed by a 50% increase in fiscal 2028. Marvell management notes that its custom AI business is on track to more than double in fiscal 2028 and will "accelerate significantly in fiscal 2029."

So, the custom AI chip market's growth is proving to be a tailwind for Marvell, but it is easy to see that Broadcom enjoys an upper hand owing to its dominance. Also, a closer look at the valuations of both companies will further tell us why investing in Broadcom stock could be the smarter move.

Broadcom's valuation makes it a no-brainer buy Marvell stock has soared 163% in 2026, as of this writing. Broadcom, meanwhile, has been a laggard with gains of just 3%.

However, Broadcom's underperformance suggests that the market hasn't given it enough credit for its remarkable growth. That's the reason why it is significantly cheaper than Marvell.

Data by YCharts

The chart above also suggests that Broadcom's earnings per share could increase faster than Marvell's over the long run. So, investors looking to choose from these AI stocks have a simple decision to make. Broadcom's faster growth and cheaper valuation could supercharge the stock, while Marvell's relatively slower growth could weigh on its shares after a strong 2026 rally.

Shares of Broadcom (AVGO +2.98%) climbed on Tuesday, gaining as much as 4.1%. As of 2:46 p.m. ET, the stock was still up 3.1%.

The catalyst that sent the semiconductor specialist higher was a report that Intel plans to raise prices for its CPUs.

Image source: The Motley Fool.

AI adoption continues A report surfaced on Tuesday suggesting that Intel plans to raise prices later this year in a bid to boost its gross profit margin. The company plans to hike the cost of its CPUs by 10% this fall, according to a report by DigiTimes.

If true, this would mark the third round of price hikes by Intel this year, after increases in Q1 and in July.

Just last month, Nvidia reportedly notified customers of plans to raise prices by more than 15% to offset rising memory chip costs, according to a report that first appeared in Bloomberg. The increases are scheduled to take place on chips and systems shipped early next year. This will include the company's Grace Blackwell and Vera Rubin chips and will largely depend on the generation of the chips and memory configurations, according to the report.

Premium Feature

Moneyball Superscore

67/100

Today's Change

(

9.05

%) $

8.67

Current Price

$

104.47

So what does this have to do with Broadcom? The spiraling cost of high-speed memory chips has been well documented, and the impact is being felt across the artificial intelligence (AI) landscape. Many of the biggest tech players have cited the spike in memory chip prices, which are weighing on margins and pinching profits.

With major players like Intel and Nvidia announcing price increases, Broadcom has the cover to do the same. Investors have been watching closely to see whether chipmakers can maintain their juicy gross profit margins, and with memory prices on the rise, doing so hinges on raising prices.

Broadcom stock is currently selling for 32 times forward earnings and 19 times next year's expected earnings. While that might seem pricy, I'd argue it's a reasonable price to pay for a company that just increased its year-over-year revenue by 86% and AI-related revenue by 221%.

Danny Vena, CPA has positions in Broadcom and Nvidia. The Motley Fool has positions in and recommends Broadcom, Intel, and Nvidia. The Motley Fool has a disclosure policy.

Intel Stock Leads Semiconductor Surge as AMD, Qualcomm and Broadcom Rally Summary

Qualcomm, AMD and Broadcom also advanced as investors focused on AI infrastructure, pricing power and stronger chip demand

Intel (INTC) led a broad semiconductor advance Tuesday, with shares jumping 8% as investors weighed a potential CPU price increase and a fresh analyst upgrade.

Northland Securities lifted Intel to Outperform from Market Perform and assigned a $120 price target. Analyst Gus Richard pointed to an ongoing server processor shortage and potential benefits from Intel's work with Tesla (TSLA) on the Terafab semiconductor project.

Qualcomm (QCOM) also gained 4% after entering a deal with Amazon to develop next-generation artificial intelligence data-center infrastructure. Qualcomm will provide Amazon with warrants covering as many as 25 million shares, priced at $161.26 each.

AMD (AMD) climbed 6%, extending the semiconductor rally after recently retreating from its June record close. Taiwan Semiconductor Manufacturing (TSM) added 2.5% following a bullish view from Stifel last week.

Broadcom (AVGO) rose 3% after its latest earnings outlook prompted several Wall Street firms to raise ratings or price targets. The moves came even as the broader market traded lower.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom StockBroadcom NASDAQ: AVGO CEO Hock Tan said enterprise adoption of generative artificial intelligence remains in an early stage, with companies still working to identify use cases that offer a meaningful return on investment. Speaking at the Goldman Sachs Communacopia + Technology Conference, Tan said Broadcom has involved roughly 15,000 of its 30,000 engineers in evaluating AI tools for hardware and software development.

Tan said the company has found AI’s clearest near-term value in improving engineering quality and accelerating the creation of new technology rather than broadly replacing workers or delivering straightforward productivity gains. In semiconductor development, avoiding a chip redesign can be especially valuable, he said, because a respin of leading-edge silicon can cost about $30 million and add six months to a project timeline.

Get Broadcom alerts:

MarketBeat Week in Review – 08/31 - 09/04“It helps very smart people become smarter,” Tan said, describing the most effective users as critical thinkers and senior architects who understand their operating context and can effectively prompt AI models. Broadcom is also using AI in cybersecurity, he said, and has begun exploring the use of agents.

Value Expected to Favor Leading Models Tan said he expects the greatest economic value in AI to accrue to developers of the most capable frontier models and the applications built around them. He argued that the best technology tends to attract demand, comparing the dynamic with leading semiconductor products.

The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth StoryUsing an illustrative example, Tan said a strong frontier model supported by 1 gigawatt of computing capacity could generate $30 billion in annual recurring revenue, while the annual cost of operating that capacity could be about $10 billion. In that scenario, he said, the model developer and associated applications would retain the larger portion of the value, while cloud providers, power providers, chipmakers and memory suppliers would compete over the remaining spending.

Tan also expressed a preference for closed frontier models over open-weight models, while acknowledging that both approaches could coexist. He said open-weight offerings may appeal to enterprises seeking lower token costs, but argued that long-term value would be concentrated in models that continue to improve intelligence and performance.

He cited his assessment of inference economics, saying global token-generation infrastructure costs are about $200 billion annually, while model-related revenue is about $150 billion. According to Tan, closed frontier models account for at least 75% of that revenue despite representing roughly half of token generation.

Custom Silicon and Data-Center Constraints Tan said Broadcom’s custom AI accelerators, or XPUs, are designed in close collaboration with customers developing frontier models. Customer teams define the algorithms and workloads their models require, while Broadcom works with them on chip architecture, microarchitecture and physical design.

He pointed to Broadcom’s work with OpenAI, saying the companies produced an XPU known as Jalapeño within about a year and that it performs as well as, or better than, leading general-purpose accelerators. Tan said Broadcom is now working with OpenAI on the next two generations following Jalapeño.

On the company’s longer-term AI outlook, Tan said infrastructure availability is a key limiting factor. While Broadcom can plan around supplies of leading-edge wafers, memory and substrates, he said the less predictable constraint is the availability of power-ready data-center sites.

Building AI data centers requires land, power, buildings, equipment and construction capacity, as well as permitting, Tan said. Sites intended to be ready in 2028 need construction to begin now, he added. The long lead times provide Broadcom with visibility into expected demand, though they also create uncertainty around precise timing.

Google Partnership and Semiconductor Technology Tan said Broadcom’s relationship with Google spans more than a decade and has included every generation of Google’s tensor processing units since the first version. He said the companies’ long-term agreement for TPUs and networking products through 2031 expands and strengthens the technical and strategic relationship.

As traditional process-node advances provide more limited performance improvements, Tan said Broadcom and its customers are pursuing other methods to increase accelerator performance. These include combining multiple dies into a single chip. He said the company has progressed from one die to two dies and is working on a generation using four dies, with further expansion possible.

Tan said Broadcom’s competitive advantages include intellectual property in high-speed interconnects, SerDes technology, multiplier density, multi-die communication and advanced packaging. He said these engineering capabilities form barriers for competitors, including customers that may seek to bring more semiconductor work in-house.

Financing and Capital Allocation Tan also discussed Broadcom’s financing platform involving Apollo and Blackstone, which is intended to support compute capacity for AI labs. He said Broadcom currently has six customers developing frontier models and views supporting those customers as strategically important, particularly because it is difficult to determine which models will ultimately lead the market.

For customers without sufficient cash flow to fund needed computing capacity, Tan said the financing structure brings in financial partners and banks that assume part of the financing risk. Broadcom’s role includes providing residual guarantees tied to equipment used as collateral, he said. Tan stressed that the arrangement is not circular financing because, in his view, it supports existing demand rather than creating demand.

Looking ahead, Tan said Broadcom expects to end fiscal 2026 with a record cash balance as revenue grows, driven in part by AI. He said management and the board will review capital allocation at their December meeting. Potential uses of cash include dividend increases and stock repurchases, while debt reduction appears less compelling because much of the company’s approximately $56 billion in debt was issued at relatively low interest rates.

About Broadcom (NASDAQ:AVGO)Broadcom Inc NASDAQ: AVGO is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company's semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom's portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Broadcom Right Now?Before you consider Broadcom, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Broadcom wasn't on the list.

While Broadcom currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

The company reported fantastic quarterly results, and the stock price fell anyway.

*Stock prices used were the afternoon prices of Sept. 4, 2026. The video was published on Sept. 6, 2026.

Parkev Tatevosian, CFA has positions in Broadcom. The Motley Fool has positions in and recommends Broadcom. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Broadcom (AVGO +2.98%) just posted one of the best quarters you'll ever see from a company involved in the AI computing equipment space. It grew its AI semiconductor revenue at a 221% pace during the third quarter of FY 2027 (ended Aug. 2). That's better performance than nearly any of its competitors have ever put up, but that's just the beginning.

Broadcom announced major news about future demand, and there's really only one conclusion after learning about their projections: Buy the stock hand over fist.

Image source: The Motley Fool.

Broadcom expects impressive growth in 2027 and 2028 Broadcom's exposure to AI computing units comes from its custom AI chips. The company partners with AI hyperscalers to design and build chips specifically tailored to their workloads. If done properly, this can provide a computing unit that delivers better performance at a lower cost.

However, the workload must stay consistent. This means that broad-purpose GPUs won't ever be fully replaced, but the market share of custom AI chips could increase.

Premium Feature

Moneyball Superscore

90/100

Today's Change

(

2.98

%) $

10.67

Current Price

$

368.56

That's starting to be seen now with some of Broadcom's major clients, including Alphabet, Meta Platforms, Anthropic, and OpenAI, all of which plan to spend more each quarter.

In 2027, Broadcom expects AI semiconductor revenue to reach $115 billion. What's even more important is that Broadcom has secured components to make this growth a reality. Considering that many of the AI hyperscalers are planning years for computing capacity rather than when they'll actually need it, this projection is probably pretty trustworthy (barring a huge reversal in AI usage).

Broadcom also extended this projection to 2028, where it believes AI semiconductor revenue will double again to $230 billion. Once again, it has already contracted a supply to meet this projection.

That's huge growth in just a few years, and it will dramatically reshape what the business looks like. Broadcom's revenue over the past 12 months totaled $89 billion, with AI semiconductor revenue accounting for only about half of that total.

AVGO Revenue (TTM) data by YCharts

By 2028, Broadcom will have completed its transformation into an AI chip company, which could lead to a soaring stock price, as its revenue could triple over the next two and a half years. Currently, none of this existing growth is priced into Broadcom's stock, as it trades at 31 times forward earnings.

AVGO PE Ratio (Forward) data by YCharts

As a result, I think Broadcom is a genius buy now, as its stock will skyrocket from today's levels if management's projections pan out.

Keithen Drury has positions in Alphabet, Broadcom, and Meta Platforms. The Motley Fool has positions in and recommends Alphabet, Broadcom, and Meta Platforms. The Motley Fool has a disclosure policy.

Stryker Corporation (SYK) Presents at Wells Fargo 21st Annual Healthcare Conference Transcript

Anchor Capital Advisors LLC lessened its position in Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 3.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 209,608 shares of the basic materials company’s stock after selling 8,438 shares during the quarter. Anchor Capital Advisors LLC owned approximately 0.09% of Air Products and Chemicals worth $61,453,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. HORAN Wealth LLC increased its stake in shares of Air Products and Chemicals by 2.3% during the second quarter. HORAN Wealth LLC now owns 11,940 shares of the basic materials company’s stock valued at $3,501,000 after purchasing an additional 263 shares in the last quarter. CYBER HORNET ETFs LLC boosted its position in shares of Air Products and Chemicals by 433.0% in the 2nd quarter. CYBER HORNET ETFs LLC now owns 3,251 shares of the basic materials company’s stock worth $953,000 after purchasing an additional 2,641 shares in the last quarter. California State Teachers Retirement System grew its stake in shares of Air Products and Chemicals by 27,786.0% in the 2nd quarter. California State Teachers Retirement System now owns 72,163,618 shares of the basic materials company’s stock worth $21,156,930,000 after buying an additional 71,904,837 shares during the last quarter. Studio Investment Management LLC increased its position in Air Products and Chemicals by 4.0% during the 2nd quarter. Studio Investment Management LLC now owns 3,130 shares of the basic materials company’s stock valued at $918,000 after buying an additional 119 shares in the last quarter. Finally, Ameritas Advisory Services LLC increased its position in Air Products and Chemicals by 215.7% during the 2nd quarter. Ameritas Advisory Services LLC now owns 2,573 shares of the basic materials company’s stock valued at $754,000 after buying an additional 1,758 shares in the last quarter. Institutional investors own 81.66% of the company’s stock.

Air Products and Chemicals Stock Performance Shares of APD stock opened at $301.19 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 1.01. The company has a 50 day moving average price of $301.50 and a 200-day moving average price of $292.52. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The firm has a market capitalization of $67.07 billion, a PE ratio of -1,369.05, a P/E/G ratio of 3.04 and a beta of 0.75.

Air Products and Chemicals (NYSE:APD – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.34 by $0.13. Air Products and Chemicals had a negative net margin of 0.38% and a positive return on equity of 16.87%. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter in the prior year, the firm earned $3.09 earnings per share. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.390-13.490 EPS and its Q4 2026 guidance at 3.550-3.650 EPS. As a group, equities research analysts expect that Air Products and Chemicals, Inc. will post 13.45 earnings per share for the current year. Air Products and Chemicals Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Thursday, October 1st will be issued a $1.81 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals’s payout ratio is presently -3,290.91%.

Wall Street Analyst Weigh In A number of research firms have recently commented on APD. Mizuho increased their target price on Air Products and Chemicals from $345.00 to $355.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $320.00 price target on shares of Air Products and Chemicals in a research report on Monday, August 3rd. Citigroup upped their price target on shares of Air Products and Chemicals from $315.00 to $330.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Royal Bank Of Canada raised their price objective on shares of Air Products and Chemicals from $358.00 to $360.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Finally, Wells Fargo & Company lifted their target price on shares of Air Products and Chemicals from $340.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Air Products and Chemicals has an average rating of “Moderate Buy” and a consensus price target of $332.76.

Read Our Latest Analysis on APD

(Free Report)

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.

Further Reading Five stocks we like better than Air Products and Chemicals 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD – Free Report).

Receive News & Ratings for Air Products and Chemicals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Products and Chemicals and related companies with MarketBeat.com's FREE daily email newsletter.

Ingredion Incorporated (INGR) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript

LOS ANGELES--(BUSINESS WIRE)---- $TSN--TSN Investors Have Opportunity to Join Tyson Foods, Inc. Fraud Investigation with SBS Law.

Bunge Global SA (BG) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript

Key Takeaways Carnival has 93% of 2026 business booked, with record pricing and customer deposits at $9 billion.Carnival's 2027 Europe bookings are up in the mid-teens year over year at higher prices.Carnival expects record H2 2026 yields after June booking trends showed easing European headwinds. Carnival Corporation Ltd. (CCL - Free Report) is entering the second half of fiscal 2026 with its booked position ahead of last year and prices at record levels, supported by resilient close-in demand and robust onboard spending. The company reported record yields in the fiscal second quarter, while customer deposits reached an all-time high of $9 billion. Management noted that 93% of its 2026 business was already booked, with less inventory remaining for sale than a year ago.

The strength of Carnival’s forward bookings is also extending into 2027. Since the beginning of the fiscal second quarter, the company has seen booking volumes and pricing for future sailings run ahead of last year's levels, with bookings for its European deployments in 2027 up in the mid-teens percentage range year over year at higher prices. The company stated that its overall 2027 book position is at historical highs for both price and occupancy, reinforcing its confidence in the longer-term demand outlook.

However, sustaining pricing momentum in 2026 could remain challenging as Carnival navigates geopolitical uncertainty and uneven regional demand. The prolonged Middle East conflict weighed particularly on European deployments, while higher airfares and reduced international flight capacity affected North American travelers. Carnival lowered its European occupancy expectations by a couple of points, while the impact of the Middle East conflict on European deployments contributed to a roughly 1-percentage-point reduction in full-year yield guidance.

Nevertheless, recent booking trends indicate that the pressure may be easing. Management stated that June appeared to mark a turning point, with booking trends showing a reversal of the European headwinds. Carnival expects record yields in the second half of fiscal 2026.

Carnival appears well positioned to sustain pricing momentum, although the pace of yield growth could remain uneven as European demand normalizes. The combination of an extended booking curve, higher forward pricing, disciplined capacity growth and stronger revenue-management capabilities provides support for yields. If booking strength persists and geopolitical pressures continue to recede, Carnival’s extended booking curve should likely provide support for yield growth and the company’s earnings outlook. The company expects adjusted EPS for fiscal 2026 to be $2.22, up from the previous outlook of $2.21.

Key Peers Show Diverging Booking TrendsRoyal Caribbean Group (RCL - Free Report) is benefiting from strong demand and pricing momentum across its cruise portfolio. In the second quarter, the company reported net yield growth of 1.2%, with results exceeding expectations as close-in demand, particularly for Caribbean sailings, accelerated. RCL said its book position was at record prices for 2026, while booking trends for 2027 were pacing ahead of historical levels. Management also noted that its 2027 book position was at historical highs for both price and occupancy and at higher rates across its portfolio. Although geopolitical disruptions have weighed modestly on European bookings, RCL continues to expect full-year net yield growth of 1.75%-2.25%.

Norwegian Cruise Line Holdings Ltd. (NCLH - Free Report) is taking a more turnaround-focused approach as it works to rebuild demand and strengthen its booking position. The company reported a 2.6% decline in second-quarter net yields and expects full-year net yields to decrease approximately 5%, reflecting a softer demand environment, and marketing and demand-generation challenges. NCLH is revamping its revenue-management strategy by moving toward a base loading methodology, which involves more competitive pricing earlier in the booking curve to build demand sooner and support stronger close-in yields. Management expects these marketing, demand-generation and revenue-management initiatives to take time to translate into financial results.

CCL’s Price Performance, Valuation & EstimatesShares of Carnival have declined 15.2% over the past three months against the industry’s 1.9% growth.

CCL Stock’s Three-Month Price Performance
Image Source: Zacks Investment Research

From a valuation standpoint, CCL trades at a forward price-to-earnings ratio of 9.39, significantly below the industry’s average of 16.55.

CCL’s P/E Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for CCL’s fiscal 2026 earnings implies a year-over-year decline of 0.9%. The EPS estimates for fiscal 2026 have increased in the past 30 days.

EPS Trend of CCL Stock
Image Source: Zacks Investment Research

CCL stock currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Booking Holdings (BKNG - Free Report) closed at $180.30 in the latest trading session, marking a -6.72% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.58% for the day. Elsewhere, the Dow saw a downswing of 1.18%, while the tech-heavy Nasdaq depreciated by 0.32%.

The stock of online booking service has fallen by 9.2% in the past month, lagging the Retail-Wholesale sector's loss of 5.84% and the S&P 500's loss of 0.36%.

The investment community will be closely monitoring the performance of Booking Holdings in its forthcoming earnings report. The company's upcoming EPS is projected at $4.46, signifying a 12.06% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $9.57 billion, indicating a 6.27% increase compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $10.5 per share and revenue of $29.28 billion. These totals would mark changes of +15.13% and +8.77%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for Booking Holdings. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.25% higher. Booking Holdings is currently a Zacks Rank #3 (Hold).

Looking at its valuation, Booking Holdings is holding a Forward P/E ratio of 18.42. For comparison, its industry has an average Forward P/E of 17.1, which means Booking Holdings is trading at a premium to the group.

We can also see that BKNG currently has a PEG ratio of 1.2. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Internet - Commerce industry had an average PEG ratio of 1.23.

The Internet - Commerce industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 158, positioning it in the bottom 36% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

Booking Holdings Inc. (BKNG) Presents at Citi's 2026 Global TMT Conference Transcript

California State Teachers Retirement System boosted its position in Prologis, Inc. (NYSE:PLD – Free Report) by 13,234.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 189,453,847 shares of the real estate investment trust’s stock after purchasing an additional 188,033,109 shares during the quarter. California State Teachers Retirement System owned about 20.30% of Prologis worth $25,665,313,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Manning & Napier Advisors LLC purchased a new stake in shares of Prologis in the second quarter valued at approximately $25,000. Solstein Capital LLC acquired a new stake in shares of Prologis in the second quarter valued at approximately $25,000. Clearstead Trust LLC purchased a new position in Prologis during the second quarter worth approximately $28,000. Johnson Financial Group Inc. purchased a new position in Prologis during the second quarter worth approximately $29,000. Finally, SouthState Bank Corp boosted its stake in Prologis by 73.1% during the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

Wall Street Analyst Weigh In Several analysts have recently weighed in on the stock. Robert W. Baird set a $140.00 price target on shares of Prologis in a research note on Friday, July 31st. Scotiabank lifted their price target on shares of Prologis from $146.00 to $150.00 and gave the company a “sector perform” rating in a research report on Thursday, July 23rd. Wells Fargo & Company lowered their price objective on Prologis from $167.00 to $166.00 and set an “overweight” rating for the company in a research report on Tuesday, September 1st. Truist Financial raised their target price on Prologis from $154.00 to $162.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Finally, Raymond James Financial initiated coverage on Prologis in a research report on Thursday, June 18th. They issued a “market perform” rating on the stock. Sixteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $154.52.

Check Out Our Latest Stock Report on Prologis Insider Buying and Selling at Prologis In other news, CFO Timothy Arndt sold 3,597 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $150.00, for a total transaction of $539,550.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.52% of the company’s stock.

Prologis Stock Performance NYSE PLD opened at $137.42 on Tuesday. The company has a market cap of $128.22 billion, a P/E ratio of 30.61 and a beta of 1.30. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a 50-day moving average of $142.03 and a two-hundred day moving average of $140.56. Prologis, Inc. has a 1-year low of $110.60 and a 1-year high of $153.35.

Prologis (NYSE:PLD – Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter in the previous year, the business posted $1.46 earnings per share. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. As a group, analysts anticipate that Prologis, Inc. will post 6.27 EPS for the current year.

Prologis Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $1.07 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $4.28 annualized dividend and a dividend yield of 3.1%. Prologis’s payout ratio is 95.32%.

Prologis Profile (Free Report)

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.

See Also Five stocks we like better than Prologis 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane

Receive News & Ratings for Prologis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prologis and related companies with MarketBeat.com's FREE daily email newsletter.