Broadcom (AVGO) is set to report fiscal first-quarter results after the market closes Thursday, with analysts widely bullish on the chipmaker's stock despite recent losses. 

All but one of the 13 analysts covering the stock tracked by Visible Alpha have issued a “buy” or equivalent rating, with one “hold” rating. Their consensus price target of $259 would suggest over 40% upside from Thursday's intraday level at $180.94.

Broadcom is expected to report revenue of $14.61 billion📖, up 22% year-over-year, and adjusted net income of $7.39 billion, up from $5.25 billion a year earlier💦. 

The results come as 澳洲幸运5官方开奖结果体彩网:chip and AI stocks sell off, extending losses late last week amid uncertainty about the potential impact of the 澳洲幸运5官方开奖结果体彩网:Trump administration’s policies relating to tariffs and AI chip export curbs.

Shares of Broadcom were down nearly 6% in intraday trading Thursday, amid a 澳洲幸运5官方开奖结果体彩网:broader market decline. They have lost over a quarter of their value since hitting an all-time high in December.

UPDATE—March 6, 2025: This article has been updated since it was first published to reflect more recent analyst estimates and share price values.