Morningstar Raises Fair Value for PANW and CRWD Amid Strong Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 09 2026
0mins
Source: stocktwits
- PANW Exceeds Expectations: Palo Alto Networks reported Q3 adjusted earnings of $0.85 per share, surpassing the $0.80 estimate, with revenue of $3 billion exceeding expectations of $2.94 billion, and the company raised its full-year guidance, indicating strong growth potential in AI deployments.
- CRWD's AI Strategy Recognized: CrowdStrike reported adjusted earnings of $1.10 per share, beating the $1.07 estimate, with revenue of $1.39 billion exceeding forecasts of $1.36 billion, and the company raised its fiscal 2027 revenue and earnings outlook, reflecting confidence in its AI-driven growth strategy.
- AVGO Strong Performance but Stock Decline: Broadcom reported adjusted earnings of $2.44 per share on revenue of $22.2 billion, both exceeding market expectations, yet shares fell over 12%, indicating high market expectations for AI guidance despite the company projecting AI revenue exceeding $100 billion by fiscal 2027.
- Market Sentiment Analysis: On Stocktwits, retail sentiment was extremely bullish for AVGO, bullish for CRWD, and neutral for PANW, with AVGO leading the group with a 62% gain over the past year, followed by CRWD at 41% and PANW at 33%.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy AVGO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on AVGO
Wall Street analysts forecast AVGO stock price to rise
30 Analyst Rating
29 Buy
1 Hold
0 Sell
Strong Buy
Current: 392.900
Low
370.00
Averages
457.75
High
525.00
Current: 392.900
Low
370.00
Averages
457.75
High
525.00
About AVGO
Broadcom Inc. is a global technology firm that designs, develops, and supplies a range of semiconductors, enterprise software and security solutions. The Company operates through two segments: semiconductor solutions and infrastructure software. Its semiconductor solutions segment includes all of its product lines and intellectual property (IP) licensing. It provides a variety of radio frequency semiconductor devices, wireless connectivity solutions, custom touch controllers, and inductive charging solutions for mobile applications. Its infrastructure software segment includes its private and hybrid cloud, application development and delivery, software-defined edge, application networking and security, mainframe, distributed and cybersecurity solutions, and its FC SAN business. It provides a portfolio of software solutions that enable customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Broadcom Announces Cash Tender Offer Pricing Terms
- Tender Offer Details: Broadcom has announced a cash tender offer to purchase various maturing bonds with a maximum price of $2.5 billion, including 4.926% and 4.900% senior notes, aimed at optimizing its capital structure and reducing financing costs.
- Acceptance Priority: The acceptance priority of the bonds in the tender offer will influence the final purchase decisions, ensuring the company can prioritize the acquisition of eligible debt instruments, thereby enhancing financial flexibility.
- Deadline Set: The deadline for the tender offer is set for June 17, 2026, at 5 PM; if conditions are not met, Broadcom reserves the right not to accept certain series of bonds, potentially impacting investor decisions.
- Market Reaction Expectations: Broadcom's tender offer may positively affect its debt market, boosting investor confidence and potentially improving the company's financing conditions in the capital markets.
See More
Cisco Systems Sees Strong Growth Driven by AI Infrastructure
- AI Infrastructure Order Surge: Cisco raised its fiscal 2026 AI infrastructure order target from $5 billion to approximately $9 billion, reflecting stronger-than-expected hyperscaler demand, which is expected to drive future revenue growth.
- Revenue and Earnings Outlook: Cisco expects revenues for fiscal 2026 to range between $62.8 billion and $63 billion, representing an 11.1% year-over-year increase, with non-GAAP earnings projected between $4.27 and $4.29 per share, indicating strong profitability and market confidence.
- Network Modernization Trend: Cisco's enterprise data center switching orders grew over 40% in Q3 fiscal 2026, and campus networking orders reached record levels, highlighting the company's leadership in network modernization and AI-driven traffic growth.
- Rising Demand for Security Products: Cisco's core security products saw double-digit order growth, with management expecting security business to continue improving in fiscal 2026, showcasing the company's unique advantage in addressing emerging AI security needs.
See More
Concerns Behind SpaceX's Historic IPO
- Record IPO Size: SpaceX raised $75 billion in its IPO, surpassing Saudi Aramco's previous record of $29.4 billion, reflecting strong investor enthusiasm and market demand.
- Market Valuation Surge: Within just three trading days post-IPO, SpaceX's market cap skyrocketed to $2.66 trillion, eclipsing Tesla, Meta, and Amazon, underscoring its significant position within the Nasdaq Composite.
- Controversial Fund Allocation: However, $20 billion of the $75 billion raised is earmarked for repaying loans related to Elon Musk's other ventures, raising concerns about the transparency of fund usage and potentially undermining investor confidence.
- Dilution Risks Ahead: With SpaceX not yet achieving recurring profitability and 27% of its capital already committed, the prospect of share dilution looms large, posing a significant risk to retail investors in the future.
See More
SpaceX Sets Record with $75 Billion IPO Fundraising
- Record Fundraising: SpaceX raised $75 billion in its IPO, surpassing Saudi Aramco's previous record of $29.4 billion set in December 2019, reflecting strong market confidence in its future potential.
- Use of Funds Concerns: However, the prospectus reveals that $20 billion of the raised capital is earmarked for repaying existing debts related to social media platform X and its AI subsidiary xAI, indicating that much of the funds will not be allocated to its space initiatives.
- Shareholder Dilution Risk: With SpaceX not yet achieving recurring profitability and $20 billion of its capital already committed to debt repayment, future equity financing could lead to shareholder dilution, raising uncertainties for retail investors.
- Market Influence: Within just three trading days post-IPO, SpaceX's market capitalization soared past Tesla, Meta, and Amazon, reaching $2.66 trillion, highlighting its significant influence within the Nasdaq Composite, yet also raising concerns about its financial health.
See More
SpaceX IPO Creates Billionaire Shareholders Amidst Market Fluctuations
- Founder Wealth Surge: Following SpaceX's historic IPO, founder and CEO Elon Musk's personal stake has soared above $1 trillion, underscoring his significant influence in the aerospace sector and market confidence.
- Shareholder Wealth Distribution: The IPO has minted several billion-dollar shareholders, with Valor Equity Partners holding a stake worth approximately $96.6 billion, reflecting strong investor confidence in SpaceX's future prospects.
- Market Performance Volatility: Although SpaceX shares rose 37% post-IPO and briefly surpassed Amazon and Microsoft in market cap, recent cooling sentiment has led to a decline, with the market cap settling at $2.43 trillion, indicating market uncertainty.
- Executive Stake Holdings: Among SpaceX executives, Gwynne Shotwell holds shares valued at $2.4 billion, while CFO Bret Johnsen's stake is worth $1.2 billion, demonstrating the management's confidence and commitment to the company's future growth.
See More
Investment Opportunities in AI Stocks Amid Pullback
- Broadcom's AI Opportunity: Broadcom (AVGO) was impacted by the recent tech sell-off, yet it projects AI chip revenue to exceed $100 billion next fiscal year, significantly surpassing the $64 billion total revenue from fiscal 2025, highlighting its strong position in the custom AI accelerator market.
- Amazon's Operational Leverage: Amazon (AMZN) continues to perform strongly in e-commerce and cloud computing, particularly with its investments in AI and robotics, and its AWS revenue growth is expected to accelerate, reinforcing its market leadership and making it a prime buy during this pullback.
- ServiceNow's AI Leadership: ServiceNow (NOW) remains an attractive SaaS stock despite recent declines, as its platform is essential for IT departments, and its new AI Control Tower will monitor all AI agent models within businesses, ensuring compliance and showcasing significant market potential.
- Long-term Investment Potential: Despite facing sell-offs, Broadcom, Amazon, and ServiceNow all possess strong long-term growth potential in their respective fields, making this pullback an opportune moment for investors to position themselves for future AI market gains.
See More
Broadcom Announces Cash Tender Offer Pricing Terms
- Tender Offer Details: Broadcom has announced a cash tender offer to purchase various maturing bonds with a maximum price of $2.5 billion, including 4.926% and 4.900% senior notes, aimed at optimizing its capital structure and reducing financing costs.
- Acceptance Priority: The acceptance priority of the bonds in the tender offer will influence the final purchase decisions, ensuring the company can prioritize the acquisition of eligible debt instruments, thereby enhancing financial flexibility.
- Deadline Set: The deadline for the tender offer is set for June 17, 2026, at 5 PM; if conditions are not met, Broadcom reserves the right not to accept certain series of bonds, potentially impacting investor decisions.
- Market Reaction Expectations: Broadcom's tender offer may positively affect its debt market, boosting investor confidence and potentially improving the company's financing conditions in the capital markets.
See More
Cisco Systems Sees Strong Growth Driven by AI Infrastructure
- AI Infrastructure Order Surge: Cisco raised its fiscal 2026 AI infrastructure order target from $5 billion to approximately $9 billion, reflecting stronger-than-expected hyperscaler demand, which is expected to drive future revenue growth.
- Revenue and Earnings Outlook: Cisco expects revenues for fiscal 2026 to range between $62.8 billion and $63 billion, representing an 11.1% year-over-year increase, with non-GAAP earnings projected between $4.27 and $4.29 per share, indicating strong profitability and market confidence.
- Network Modernization Trend: Cisco's enterprise data center switching orders grew over 40% in Q3 fiscal 2026, and campus networking orders reached record levels, highlighting the company's leadership in network modernization and AI-driven traffic growth.
- Rising Demand for Security Products: Cisco's core security products saw double-digit order growth, with management expecting security business to continue improving in fiscal 2026, showcasing the company's unique advantage in addressing emerging AI security needs.
See More
Concerns Behind SpaceX's Historic IPO
- Record IPO Size: SpaceX raised $75 billion in its IPO, surpassing Saudi Aramco's previous record of $29.4 billion, reflecting strong investor enthusiasm and market demand.
- Market Valuation Surge: Within just three trading days post-IPO, SpaceX's market cap skyrocketed to $2.66 trillion, eclipsing Tesla, Meta, and Amazon, underscoring its significant position within the Nasdaq Composite.
- Controversial Fund Allocation: However, $20 billion of the $75 billion raised is earmarked for repaying loans related to Elon Musk's other ventures, raising concerns about the transparency of fund usage and potentially undermining investor confidence.
- Dilution Risks Ahead: With SpaceX not yet achieving recurring profitability and 27% of its capital already committed, the prospect of share dilution looms large, posing a significant risk to retail investors in the future.
See More
SpaceX Sets Record with $75 Billion IPO Fundraising
- Record Fundraising: SpaceX raised $75 billion in its IPO, surpassing Saudi Aramco's previous record of $29.4 billion set in December 2019, reflecting strong market confidence in its future potential.
- Use of Funds Concerns: However, the prospectus reveals that $20 billion of the raised capital is earmarked for repaying existing debts related to social media platform X and its AI subsidiary xAI, indicating that much of the funds will not be allocated to its space initiatives.
- Shareholder Dilution Risk: With SpaceX not yet achieving recurring profitability and $20 billion of its capital already committed to debt repayment, future equity financing could lead to shareholder dilution, raising uncertainties for retail investors.
- Market Influence: Within just three trading days post-IPO, SpaceX's market capitalization soared past Tesla, Meta, and Amazon, reaching $2.66 trillion, highlighting its significant influence within the Nasdaq Composite, yet also raising concerns about its financial health.
See More
SpaceX IPO Creates Billionaire Shareholders Amidst Market Fluctuations
- Founder Wealth Surge: Following SpaceX's historic IPO, founder and CEO Elon Musk's personal stake has soared above $1 trillion, underscoring his significant influence in the aerospace sector and market confidence.
- Shareholder Wealth Distribution: The IPO has minted several billion-dollar shareholders, with Valor Equity Partners holding a stake worth approximately $96.6 billion, reflecting strong investor confidence in SpaceX's future prospects.
- Market Performance Volatility: Although SpaceX shares rose 37% post-IPO and briefly surpassed Amazon and Microsoft in market cap, recent cooling sentiment has led to a decline, with the market cap settling at $2.43 trillion, indicating market uncertainty.
- Executive Stake Holdings: Among SpaceX executives, Gwynne Shotwell holds shares valued at $2.4 billion, while CFO Bret Johnsen's stake is worth $1.2 billion, demonstrating the management's confidence and commitment to the company's future growth.
See More
Investment Opportunities in AI Stocks Amid Pullback
- Broadcom's AI Opportunity: Broadcom (AVGO) was impacted by the recent tech sell-off, yet it projects AI chip revenue to exceed $100 billion next fiscal year, significantly surpassing the $64 billion total revenue from fiscal 2025, highlighting its strong position in the custom AI accelerator market.
- Amazon's Operational Leverage: Amazon (AMZN) continues to perform strongly in e-commerce and cloud computing, particularly with its investments in AI and robotics, and its AWS revenue growth is expected to accelerate, reinforcing its market leadership and making it a prime buy during this pullback.
- ServiceNow's AI Leadership: ServiceNow (NOW) remains an attractive SaaS stock despite recent declines, as its platform is essential for IT departments, and its new AI Control Tower will monitor all AI agent models within businesses, ensuring compliance and showcasing significant market potential.
- Long-term Investment Potential: Despite facing sell-offs, Broadcom, Amazon, and ServiceNow all possess strong long-term growth potential in their respective fields, making this pullback an opportune moment for investors to position themselves for future AI market gains.
See More
