Broadcom Inc (AVGO · NASDAQ)

Broadcom's fiscal quarter ended July 31, 2026 showed revenue of $29.59B, up from $22.19B the prior quarter, with net income of $13.09B and EBITDA of $18.27B, extending a four-quarter streak of earnings beats (most recently $3.03 reported vs. $2.83 estimated). Trailing-twelve-month revenue stands at $89.10B with 85.5% YoY growth, while margins remain high (75.5% gross, 54.3% operating) and leverage is modest at 1.1x debt/EBITDA against $23.98B in cash. The stock closed at $355.14, up 3.3% on the day but down 11.3% over three months and 26.0% below its 52-week high, trading at a P/E of 43.84 versus an analyst target of $531.31. Recent coverage flagged that its dividend is covered 3.4 times by operating cash flow, though customer concentration among top AI clients remains a watch item.