Broadcom Inc. (AVGO) Stock Price & Analysis

Broadcom Inc. (AVGO) closed at USD 323.24 on Thursday, October 22, 2026, down 4.31% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 337.8; the Oct 22, 2026 session ranged USD 321.02–330.82 on volume of 28,083,824 shares. Market capitalization is $1.54T, with a 52-week range of USD 289.96–495 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:19 UTC.

Also available as compact Markdown for AI agents: nexqual.com/AVGO.md

Key facts (AVGO)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (AVGO)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$27.4B$33.2B$35.8B$51.6B$63.9B$89.1B
Gross profit$16.8B$22.1B$24.7B$32.5B$43.3B—
Operating income$8.52B$14.2B$16.2B$13.5B$25.5B$42.8B
Net income$6.74B$11.5B$14.1B$5.89B$23.1B$38.3B
EPS (diluted)$1.50$2.65$3.30$1.23$4.77—
Free cash flow$13.3B$16.3B$17.6B$19.4B$26.9B$39.4B
Gross margin61.4%66.5%68.9%63.0%67.8%—
Operating margin31.0%42.8%45.2%26.1%39.9%48.0%
Net margin24.5%34.6%39.3%11.4%36.2%42.9%
Revenue growth+14.9%+21.0%+7.9%+44.0%+23.9%—
Cash + short-term investments$12.2B$12.4B$14.2B$9.35B$16.2B—
Total debt$41.5B$39.5B$39.2B$69.8B$65.1B—

Fiscal years end Nov. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Aug 2, 2026) (AVGO)

P/E 40.3x · P/S 17.3x · EV/EBITDA 36.3x · EV/Sales 17.7x · P/FCF 39.2x · P/B 15.5x · FCF yield 2.55% · Earnings yield 2.48% · Dividend yield (paid, TTM) 0.78% · Buyback yield (TTM) 0.55% · Net debt $35.4B · EV $1.58T

P/E at fiscal year-ends: Nov 2025 84.6x, Nov 2024 131.4x, Oct 2023 25.5x.

Superinvestors (SEC 13F-HR, Q2 2026) (AVGO)

13 of 80 tracked investors hold AVGO (1 investor on Q3 2026, filed early). Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChangeQuarter
William Von MuefflingCantillon Capital Management10.61%$70.5MReduced -95.4%Q2 2026
Polen CapitalPolen Capital Management6.38%$740MReduced -27.3%Q2 2026
Torray Funds5.17%$38.3MAdded +2.0%Q2 2026
Jensen Investment Management3.59%$148MReduced -12.0%Q2 2026
Chase ColemanTiger Global Management2.76%$663MReduced -51.1%Q2 2026
David TepperAppaloosa Management0.76%$56.7MNew positionQ2 2026
First Pacific Advisors0.30%$23.9MAdded +1.1%Q2 2026
David KatzMatrix Asset Advisors0.03%$393KUnchangedQ3 2026
Lee AinslieMaverick Capital0.02%$2.2MNew positionQ2 2026
Mairs & PowerMairs & Power Funds0.01%$1.4MAdded +3.7%Q2 2026
Dodge & Cox FundsDodge & Cox<0.01%$7.3MUnchangedQ2 2026
Sarah KettererCauseway Capital Management<0.01%$303KReduced -4.9%Q2 2026
Bill NygrenOakmark Funds<0.01%$672KReduced -1.9%Q2 2026

Insider sales (SEC Form 4, open-market, last ~7 months) (AVGO)

2 of 13 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-09-23Samueli HenryDirector702,190$250M1.9%Yes (adopted December 16, 2025)Too little history (no open-market trades in 2023 or 2024)
2026-07-10Brazeal Mark DavidChief Legal & Corp Affairs Ofc25,000$10.0M11.4%NoRoutine (sold in Dec each year 2023–2025; this trade is outside those months)
2026-07-08Delly Gayla JDirector1,890$728K5.7%NoOpportunistic (traded every year 2023–2025, no repeating month)
2026-07-08Brazeal Mark DavidChief Legal & Corp Affairs Ofc25,000$9.5M10.2%NoRoutine (sold in Dec each year 2023–2025; this trade is outside those months)
2026-06-29Page JustineDirector1,602$599K8.4%NoOpportunistic (traded every year 2023–2025, no repeating month)
2026-06-25Brazeal Mark DavidChief Legal & Corp Affairs Ofc25,000$9.7M9.3%NoRoutine (sold in Dec each year 2023–2025; this trade is outside those months)
2026-06-24Samueli HenryDirector654,241$250M2.1%Yes (adopted December 16, 2025)Too little history (no open-market trades in 2023 or 2024)
2026-06-16…2026-06-17Brazeal Mark DavidChief Legal & Corp Affairs Ofc8,152$3.2M2.9%NoRoutine (sold in Dec each year 2023–2025; this trade is outside those months)
2026-04-10Velaga S. RamPresident, ISG8,000$3.0M12.1%NoToo little history (no open-market trades in 2023–2025)
2026-04-09Delly Gayla JDirector1,000$358K3%NoOpportunistic (traded every year 2023–2025, no repeating month)
2026-04-08…2026-04-09Velaga S. RamPresident, ISG30,215$10.6M31.4%NoToo little history (no open-market trades in 2023–2025)
2026-04-08Page JustineDirector2,018$712K10%NoOpportunistic (traded every year 2023–2025, no repeating month)
2026-04-08Kawwas Charlie BPresident, SSG10,000$3.5M1.1%NoRoutine (sold in Jun each year 2023–2025; this trade is outside those months)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Insider purchases (SEC Form 4, open-market, last ~7 months) (AVGO)

1 purchase, $374K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Trade dateInsiderRoleSharesValueAvg priceInsider type
2026-06-11You Harry L.Director1,000$374K373.57Opportunistic (traded every year 2023–2025, no repeating month)

Analysts (AVGO)

Consensus Buy (mean 1.90 on a 1–5 scale), 51 analysts; mean target USD 529.1 (low 215.88, high 660).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-22Tigress FinancialInitiatedBuy$600
2026-09-10Piper SandlerInitiatedOverweight$460
2026-09-04CitigroupTarget raisedBuy$500 → $515
2026-09-04DA DavidsonTarget loweredNeutral$400 → $350
2026-09-03MacquarieUpgradeNeutral → Outperform$490
2026-09-03Raymond JamesTarget raisedOutperform$450 → $475
2026-09-03Evercore ISI GroupTarget loweredOutperform$582 → $578
2026-09-03TD CowenTarget loweredBuy$500 → $475
2026-09-03Truist SecuritiesTarget loweredBuy$550 → $520
2026-09-03StoneXReiteratedBuy$545
2026-09-03Morgan StanleyTarget raisedOverweight$502 → $505
2026-09-03RBC CapitalReiteratedSector Perform$400

Total return (dividends reinvested) (AVGO)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-5.4%+585.1%
S&P 500 (SPY)+14.9%+80.3%
Per year-5.4%+46.8%
Volatility (annualized)46.3%43.7%
Max drawdown-32.6% (Jun 2026→Oct 2026)-40.0% (Jan 2025→Mar 2025)

AVGO revenue by business segment (quarter ended Aug 2, 2026)

LineRevenueShare of totalYoY
Semiconductor Solutions$20.84B70.4%+127.4%
Infrastructure Software$8.75B29.6%+29.0%
Total revenue$29.59B100%—

AVGO revenue by product line (quarter ended Aug 2, 2026)

LineRevenueShare of totalYoY
Products$24.28B82.0%+117.3%
Subscriptions and services$5.31B18.0%+11.2%
Total revenue$29.59B100%—

AVGO revenue by region (quarter ended Aug 2, 2026)

LineRevenueShare of totalYoY
Asia Pacific$20.94B70.8%+133.8%
Americas$5.51B18.6%+16.7%
Europe, the Middle East and Africa$3.13B10.6%+38.2%
Total revenue$29.59B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

AVGO suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
SupplierTSMC (TSM)“The majority of our front-end wafer manufacturing operations is outsourced to external foundries, including Taiwan Semiconductor Manufacturing Company Limited ("TSMC").”
CustomerVMware“Our customers may select additional advanced services, such as VMware vDefend, VMware Avi Load Balancer, VMware Tanzu Platform, VMware Private AI and VMware Live Recovery, as well as business process workload automation and network observability solutions.”

Quoted from the company's 10-K filed Dec 18, 2025.

Companies that name AVGO in their SEC reports

Relationship to AVGOCompanyFilingSentence
competitorNutanix, Inc. (NTNX)10-K Sep 18, 2026“software providers that offer virtualization, containerization, agentic AI, virtual networking and security, software defined storage, infrastructure and management and control plane products to build and operate enterprise and hybrid clouds, such as VMware by Broadcom, Microsoft, and Red Hat;”
customerUbiquiti Inc. (UI)10-K Aug 21, 2026“example, we currently rely upon some chipset suppliers, such as Qualcomm and Broadcom, as single-source suppliers of certain components for some of our products, and a disruption in the supply of those components would significantly disrupt our business.”
customerEXTREME NETWORKS INC (EXTR)10-K Aug 17, 2026“Our product development efforts also depend upon continued collaboration with our key suppliers, including our merchant silicon vendors such as Broadcom, Inc..”
supplierSYNAPTICS Inc (SYNA)10-K Aug 10, 2026“Net revenue from Core IoT was $389.7 million, increasing 43.1% compared to $272.4 million a year ago, and included the contribution from our Broadcom transaction.”
competitorCredo Technology Group Holding Ltd (CRDO)10-K Jun 15, 2026“Our principal competitors with respect to our products include Broadcom Ltd. (Broadcom),”
partnerKyndryl Holdings, Inc. (KD)10-K May 29, 2026“We have several key partnerships, including with Amazon Web Services, Broadcom, Cisco, Dell, Dynatrace, Google Cloud, HPE, Microsoft, NVIDIA, Oracle, Palo Alto Networks, Red Hat, Rubrik, SAP and ServiceNow that accelerate market participation, joint solution development and investment in skills and certification enhancements for Kyndryl.”
partnerEPLUS INC (PLUS)10-K May 28, 2026“Our solutions are comprised of world class leading technologies from partners such as Amazon Web Services ("AWS"), Arista Networks, Check Point, Cisco Systems, Citrix, CrowdStrike, Dell, Everpure, F5 Networks, Foresite, Fortinet, Gigamon, HPE, Lenovo, Microsoft, NetApp, Nutanix, NVIDIA, Oracle, Palo Alto Networks, Proficio, Rubrik, SentinelOne, Varonis, VMware by Broadcom, Zoom, and many others.”
partnerGen Digital Inc. (GEN)10-K May 21, 2026“Broadcom has committed to provide these Engine-Related Services substantially to the same extent and in substantially the same manner, as has been historically provided under a license agreement with a limited term.”
competitorNETSCOUT SYSTEMS INC (NTCT)10-K May 14, 2026“In the enterprise market, our competitors include companies who provide network observability, application performance management, infrastructure performance management and other related solutions such as CA Technologies (a Broadcom Inc. business), Cisco Systems, Dynatrace, Datadog, ExtraHop, IBM, Infovista, Viavi, Gigamon, New Relic, Riverbed Technology, and SolarWinds.”
competitorSILICOM LTD. (SILC)20-F Apr 28, 2026“respect to Server Adapters, our main competitors are Nvidia, Intel, and Broadcom.”
competitorNano Labs Ltd (NA)20-F Apr 13, 2026“In terms of smart-NICs, we expect to face competition from industry giants such as Broadcom and Intel as well as other existing and new”
competitorNetskope Inc (NTSK)10-K Mar 31, 2026“Our primary competitors include companies such as Broadcom, Cisco, Fortinet, Palo Alto Networks, and Zscaler.”
relatedPOET TECHNOLOGIES INC. (POET)20-F Mar 31, 2026“Throughout his career, Mr. Tirva held various management positions at IBM, Broadcom”
competitorSentinelOne, Inc. (S)10-K Mar 19, 2026“•endpoint security providers, such as CrowdStrike Holdings, Inc. (CrowdStrike) and Carbon Black (within Broadcom, Inc.);”
supplierONE STOP SYSTEMS, INC. (OSS)10-K Mar 18, 2026“We apply the component technology provided by Intel, AMD, NVIDIA, Micron, Broadcom, Microchip, and others to deliver solutions to provide true value to our customers.”

AVGO customer concentration

In the period ended Nov 2, 2025, a single direct customer accounted for 32% of revenue, per the company's 10-K filed Dec 18, 2025. The company does not name it.

AVGO company outlook (results filed Sep 2, 2026)

Quoted word-for-word from the SEC 8-K results press release.

AVGO analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Oct 2026)$3.83$3.86-0.8%$34.90B41
Next quarter (ends Jan 2027)$4.09$4.13-1.0%$37.03B37
Current fiscal year (ends Oct 2026)$11.66$11.63+0.3%$105.99B49
Next fiscal year (ends Oct 2027)$19.43$19.58-0.8%$174.14B49

AVGO options: expected move

Options price a move of about ±14.6% (±$47.05) by Dec 18, 2026, which includes earnings on Dec 9, 2026; the earnings reaction alone is priced at about ±7.7%. Over the last 8 reports the stock moved ±9.5% on average.

ExpirationDaysATM implied volatilityExpected move
Oct 26, 2026338.1%±3.2%
Oct 28, 2026543.3%±4.4%
Oct 30, 2026746.3%±5.5%
Nov 2, 20261042.7%±5.9%
Nov 4, 20261243.9%±6.6%
Nov 6, 20261444.7%±7.3%
Nov 13, 20262143.2%±8.5%
Nov 20, 20262843.0%±9.7%

30-day implied volatility 42.3% vs 37.8% realized over the last 30 trading days. Put/call ratio (volume) 0.95. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 09:19 UTC)

PriceUSD 323.24
Change▼ 4.31% (down)
Previous CloseUSD 337.8
OpenUSD 326.53
Day RangeUSD 321.02 – 330.82
52-Week RangeUSD 289.96 – 495
Volume28,083,824 shares
Market Cap$1.54T
ExchangeNMS

Technical Analysis (AVGO)

Nexqual's technical model rates AVGO "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:19 UTC.

Overall SignalSELL
RSI (14)35.52 (neutral)
vs SMA50Below (USD 358.68)
MACD-7.99 (negative)

Analyst Ratings (AVGO)

Wall Street analysts rate AVGO "Buy" based on 51 analysts, with a mean price target of USD 529.1 (range USD 215.88–660), per Nexqual as of October 23, 2026 at 09:19 UTC.

Consensus RatingBuy
Analyst Count51
Mean TargetUSD 529.1
High TargetUSD 660
Low TargetUSD 215.88
Buy / Hold / Sell48 / 3 / 0

Earnings (AVGO)

Next Earnings Date2026-12-09
EPS EstimateUSD 3.83
Revenue Estimate$34.90B

Recent Earnings History

QuarterActual vs Estimate
2026-07-31USD 3.32 vs est 3.24 ▲ beat
2026-04-30USD 2.44 vs est 2.4 ▲ beat
2026-01-31USD 2.05 vs est 2.02 ▲ beat
2025-10-31USD 1.95 vs est 1.87 ▲ beat

Source: Nexqual, October 23, 2026 at 09:19 UTC.

Financials & Fundamentals (AVGO)

Total Revenue$89.10B
Revenue Growth (latest quarter, YoY)+85.50%
Gross Margin+75.52%
Operating Margin+54.31%
Profit Margin+42.94%
ROE+44.25%
Debt / Equity0.6
Current Ratio2.5
Total Cash$23.98B
Total Debt$59.42B
Free Cash Flow (last four quarters to Aug 2026, SEC 10-Q / 10-K)$39.40B (44.2% of revenue)

Source: Nexqual, October 23, 2026 at 09:19 UTC.

Financial Health Score (AVGO)

Nexqual rates Broadcom Inc.'s overall financial health "Strong" across five dimensions, as of October 23, 2026 at 09:19 UTC.

GrowthStrong — Revenue +24% YoY (annual)
ProfitabilityStrong — Gross margin 76%, operating 54% (last 12 months)
Balance SheetStrong — $24.0B cash and investments vs $59.4B debt (Aug 2026, SEC)
Cash FlowStrong — FCF $39.4B (last 4 quarters to Aug 2026, SEC), 44% margin
EfficiencyStrong — ROE 44%, ROA 15.4%

Ownership (AVGO)

Insider Ownership+1.92%
Institutional Ownership+79.70%
Shares Outstanding4.77B
Float4.72B
Short % of Float+1.16%

Source: Nexqual, October 23, 2026 at 09:19 UTC.

Leadership (AVGO)

Broadcom Inc. is led by Hock Eng Tan, President, CEO & Executive Director, per Nexqual as of October 23, 2026 at 09:19 UTC.

President, CEO & Executive DirectorHock Eng Tan
President of Semiconductor SolutionsCharlie B. Kawwas
Chief Financial OfficerAmie Thuener O'Toole
Director of Investor RelationsJi Yoo
Vice President of Human ResourcesJill Turner

Major Backers & Investors (AVGO)

Notable institutional backers of Broadcom Inc. include Capital Group, FMR, LLC, JPMorgan, according to Nexqual as of October 23, 2026 at 09:19 UTC.

Active Investors

InvestorStake
Capital Group4.92%
FMR, LLC3.02%
JPMorgan1.99%
Price (T.Rowe) Associates Inc1.74%
Fidelity1.29%
Growth Fund of America0.86%

Index Funds (Passive)

FundStake
Vanguard Group9.14%
BlackRock8.34%
State Street4.12%
Geode Capital2.44%

Source: Nexqual, October 23, 2026 at 09:19 UTC.

From Broadcom Inc.'s Latest SEC 10-K Filing (filed 2025-12-18)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
TSMTaiwan Semiconductor ManufacturUSD 412.35▼ 4.52%
SKHYSK hynix Inc.USD 131.69▼ 8.07%
MUMicron Technology, Inc.USD 856.49▼ 6.26%
AMDAdvanced Micro Devices, Inc.USD 507.93▼ 8.1%
INTCIntel CorporationUSD 85.49▼ 8.04%
NVDANVIDIA CorporationUSD 212.21▼ 4.4%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:19 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt