New York, February 16, 2026, 16:11 EST — Market closed.
- Broadcom closed Friday at $325.17, off roughly 1.8%. U.S. markets will be closed Monday for Presidents Day.
- Tuesday brings traders back after the holiday, facing a condensed stretch that features the Fed minutes, crucial U.S. inflation figures, and GDP numbers.
- Next up for Broadcom: fiscal Q1 earnings, set to drop after the bell on March 4.
Broadcom Inc closed out Friday at $325.17, slipping roughly 1.8%. U.S. markets took a pause Monday for Presidents Day and will pick up trading again on Tuesday. (AP News)
The holiday lull has the chip and software sector caught up in a larger question: is the AI spending spree going to deliver returns soon enough to support current tech prices? On Monday, Reuters pointed out that top tech stocks have collectively shed hundreds of billions in market cap this year, with investors pressing for more immediate profit visibility. (Reuters)
Broadcom faces Tuesday with a holiday-shortened week, choppy action in AI-related names, and money moving back and forth between hot plays and laggards. “It’s all this whack-a-mole game,” said Art Hogan, chief market strategist at B Riley Wealth, summing up the constant churn tied to AI disruption. (Reuters)
Broadcom shares followed a choppy session for chip stocks on Friday. Nvidia dropped 2.2%, Qualcomm added 1.6%. The Nasdaq edged down 0.2%, and the S&P 500 hovered near flat, according to MarketWatch data. (MarketWatch)
There’s also more analyst commentary rolling in. DA Davidson started coverage on Feb. 13 with a Neutral call, Fintel data published by Nasdaq shows. Fintel’s average one-year price target for Broadcom came in at $465.73, which points to a potential 43% gain from the latest close. (Nasdaq)
Broadcom juggles a pair of businesses that tug its stock both ways: semiconductor solutions on one side, infrastructure software on the other. The company’s chips end up in a range of wireless and connectivity gear, while its software targets “mission-critical” needs for enterprise and cloud clients, according to Reuters’ company profile. (Reuters)
Back in December, CEO Hock Tan pointed to “record revenue of $18.0 billion,” marking a 28% jump from a year earlier, driven in large part by stronger AI semiconductor demand. The company projected fiscal first-quarter revenue would come in around $19.1 billion, with adjusted EBITDA — profit before interest, taxes, depreciation and amortization — targeted at 67% of that revenue, the release said. (PR Newswire)
Macro reports may set the tone ahead of Broadcom’s next numbers. S&P Global noted that traders have their eyes on the PCE price index—the Fed’s go-to inflation gauge—out Friday, plus a first look at Q4 GDP. Fed meeting minutes also land Wednesday. (S&P Global)
Broadcom bulls have something to watch: margins. Back in December, Reuters flagged that Broadcom had cautioned investors—rising sales of lower-margin custom AI chips were starting to pressure profitability, raising questions about the payoff if the mix shifts further. “Hitting that panic button is premature,” Melius Research’s Ben Reitzes said then. (Reuters)
The next real test for the stock is right around the corner. Broadcom’s fiscal first-quarter earnings are due out Wednesday, March 4, after the bell. The company has its conference call set for 2:00 p.m. Pacific, or 5:00 p.m. Eastern. (Seeking Alpha)
For now, investors are watching other AI heavyweights for signals. Nvidia plans to release its quarterly earnings on Feb. 25, with written commentary from its CFO landing just ahead of the call—a move that can quickly shift mood across chip stocks. (NVIDIA Newsroom)
Broadcom’s Tuesday reopen could shape sentiment, but it’s March 4 that really counts. In the meantime, traders are keyed in on inflation numbers, the Fed minutes, and any new signals about just how tightly companies are holding the reins on AI spending — or not.
