$Broadcom(AVGO)$ Broadcom reports fiscal third-quarter 2026 results after the close today. The main focus is whether the custom AI accelerator ramp can clear the high bar Wall Street has set.

Consensus expectations are $3.22 adjusted EPS, up 90% year over year, and $29.47 billion in revenue, which would be 85% growth driven by networking demand and VMware.

A few other areas worth watching: Infrastructure Software revenue scaling toward $8.9 billion to validate the VMware subscription shift, total AI semiconductor revenue tracking toward or above the $11 billion full-year target, and any management commentary on the custom 3nm ASIC pipeline with hyperscalers.

At a premium 61.5x trailing P/E near a consolidated $369.68 baseline, there is not much room for operational missteps. If management raises AI guidance, the path toward the $491.97 Wall Street target still looks intact; a flat outlook could invite some short-term profit-taking toward lower support.