Broadcom is a custom AI chip, networking, and infrastructure software company. Its investment outlook centers on hyperscaler ASIC demand, Ethernet and interconnect leadership, VMware cash generation, and capital allocation discipline.
Broadcom Inc. (AVGO) Stock Price & Market Analysis
AVGO · NASDAQ · Semiconductors
Market closedLatest available session print
$334.59
▲ +$5.84(+1.78%)4:00 PM ET - vs previous closeQuote as of Oct 19, 2026, 4:00 PM EDT
Regular-session close · Oct 19, 2026, 4:00 PM EDT.
Last session12%
$333.82L Oct 19 '26$340.20H Oct 19 '26
52-week range22%
$289.96$495.00
Long-term rangesAvailable historyHide
Available history(2009-08-06)68%
$1.00L Nov 4 '09$493.32H Jun 3 '26
Historical range: 2009-08-06–2026-10-19. Earlier trading may not be included.
Loading price chart…
Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Dec 9, 2026Next earnings · After market closeConfirmed · After market close · Last verified 2026-10-20
Countdown
50 days out
Reported fundamentals
AVGO financial overview
Annual revenue
USD 63.89B
Sales for the fiscal year ended Nov 2, 2025. This is not trailing twelve-month revenue.
Revenue change
+23.9%
Change versus the fiscal year ended Nov 3, 2024.
Net profit margin
36.2%
Net income divided by revenue for the fiscal year ended Nov 2, 2025. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout Broadcom Inc. (AVGO)Sector, leadership, and how Broadcom Inc. earns its revenue.Technology
Broadcom Inc.
NASDAQ · AVGO · US
Company overview.
- Sector
- Technology
- Industry
- Semiconductors
- Headquarters
- Palo Alto, California
- Country
- US
- Founded
- 1961
- Employees
- 33,000
- CEO
- Mr. Hock Eng Tan
- Exchange
- NASDAQ
How Broadcom Inc. makes money
Custom silicon
ASICs for hyperscaler AI
Broadcom helps major cloud companies design custom accelerators and related IP, giving it a different AI exposure than merchant GPU suppliers.
Networking
The AI cluster plumbing matters
Large AI clusters need high-bandwidth switching, fabric, and connectivity. Broadcom benefits from the infrastructure layer around GPUs and ASICs.
Software
VMware adds cash flow and integration risk
The VMware acquisition gives Broadcom a large infrastructure software profit pool, but investors still track customer retention, pricing, and integration execution.
Capital allocation
Hock Tan discipline is part of the thesis
Broadcom long-term story is as much about acquisition integration and margin discipline as it is about near-term AI demand.
Key takeaways for AVGO
AVGO offers AI infrastructure exposure through custom ASICs and networking rather than only GPUs.
VMware gives the company a second profit engine that can support cash generation if integration holds.
The key risk is that AI order strength or software retention disappoints after the market prices in flawless execution.
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 85.5%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · 2026-08-02
Growth produces accounting profit
Supporting observation: 42.9%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · 2026-10-19T22:36:58.978Z
The business generates cash after investment
Supporting observation: USD 13.67B
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · 2026-08-02
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $29.59Bquarter ended Aug 2, 2026
- Gross margin
- 69.1%quarter ended Aug 2, 2026
- Operating margin
- 53.9%quarter ended Aug 2, 2026
- EPS
- $2.68quarter ended Aug 2, 2026
- Capital expenditure
- $532.00Mquarter ended Aug 2, 2026
- Free cash flow
- $13.66Bquarter ended Aug 2, 2026
- Free cash flow margin
- 46.2%quarter ended Aug 2, 2026
- Operating cash / net income
- 1.08×quarter ended Aug 2, 2026
- Revenue growth year over year
- 85.5%quarter ended Aug 2, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Research tools
Market closed
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-10-20 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
PortfolioReport data issue
Shortcuts
With research tools focused: / search · W watchlist · C compare · F financials · E earnings · N news · T technicals · Esc close
TECHi.com