Broadcom Inc. (AVGO)
Information Technology · Semiconductors · US stock · S&P 500 component
$328.75
▼ -15.58 (4.52%)
Fair valueOvervalued
$144 −56.3% to fair value
$72fair band $86–$201$215
Day's range
$328.58 – $339.59
52-week range
$288.95 – $493.28
About Broadcom Inc.
Broadcom designs semiconductors and infrastructure software. Its chips serve data center networking, custom accelerators for large cloud customers, broadband, wireless and storage markets, and its software unit sells enterprise tools for virtualization, mainframe and security. Revenue comes from chip sales to equipment makers and cloud companies and from software licences and subscriptions with large business customers.
The company reported revenue of $89.1 billion for the last twelve months. Revenue growth over three years averaged 24.4% a year. Operating margin is 48.0% and return on invested capital is 29%. Net debt to EBITDA is 0.8 times. It pays a dividend with a yield of 0.8%. The X-Ray Score is 54 out of 100. These figures describe past results as reported and are a factual snapshot, not a forecast. Some measures, such as margins for real estate trusts and banks, are defined differently from those of industrial firms, so comparisons should be made with care.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $288.95 – $493.28Volume 29,727,900Daily, split-adjusted
Vitals
Market cap$1.61T
52-week range$288.95 – $493.28
Volume (last day)29,727,900
P/E (TTM)41.9
EBIT / EV yield2.6%
Free-cash-flow yield2.5%
Dividend yield0.8%
Revenue (TTM)$89.1B
Net income (TTM)$38.3B
Operating margin48.0%
Return on capital28.5%
Debt incl. leases$59.4B
Cash & securities$24.0B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$144model spread $135 – $152
Overvalued
−56.3% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is High, so the safety margin is 40%.
Multiples use through-the-cycle earnings (0.65x of the last twelve months)
Peak-cycle earnings: the current operating margin is more than 1.5x its 7-year average, so the fair value range is widened
Price $329
Undervalued < $86Fair $86 – $201Overvalued > $201
10-year DCF (market-scaled)
$137
Peer multiples
$154
Earnings power floor (not blended)
$37
Fundamentals-adjusted multiple
$140
Growth the price implies
39.2%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
Valuation
Weak
30/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield2.6%
Free-cash-flow yield2.5%
Fair value vs price0.4×
Growth
Strong
73/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)24.4%
EPS growth (3y)21.6%
Growth consistency100%
Profitability
Fair
53/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital28.5%
Operating margin48.0%
Gross profitability32.6%
Financial health
Fair
64/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score8 / 9
Net debt / EBITDA0.8×
Interest cover13.7×
Dividends
Fair
59/100
Dividend is typical for its sector.
See the numbers →
Dividend yield0.8%
Dividends vs free cash flow32%
Dividend growth16.6%
Quarterly results: last 6 quarters
+20.2%
May '25
+22.0%
Aug '25
+28.2%
Nov '25
+29.5%
Feb '26
+47.9%
May '26
+85.5%
Aug '26
Revenue against the same quarter a year earlier. Latest quarter revenue $29.6B, diluted EPS $2.68.
Compare with peers
MU Micron Technology Inc77 FSLR First Solar, Inc.67 NVDA Nvidia Corp65 QCOM Qualcomm Inc57Other Semiconductors companies by X-Ray Score.
Fundamentals checklist
● 6 Good · ● 8 Average · ● 2 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Altman Z''Average
Piotroski F-ScoreGood
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Average
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioGood
Net debt / EBITDAAverage
Interest coverAverage
Valuation
Fair value vs priceBad
EBIT / EV yieldAverage
Profitability
Return on invested capitalAverage
Operating marginGood
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 55/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $27.5B | $33.2B | $35.8B | $51.6B | $63.9B |
| Operating income | $8.5B | $14.2B | $16.2B | $13.5B | $25.5B |
| Net income | $6.7B | $11.5B | $14.1B | $5.9B | $23.1B |
| Operating cash flow | $13.8B | $16.7B | $18.1B | $20.0B | $27.5B |
| Operating margin | 31.0% | 42.8% | 45.2% | 26.1% | 39.9% |
| Free cash flow | $13.3B | $16.3B | $17.6B | $19.4B | $26.9B |
| Diluted EPS | $15.00 | $2.65 | $3.30 | $1.23 | $4.77 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
3 bullish · 1 neutral · 12 bearish
Weekly
Bearish
3 bullish · 1 neutral · 8 bearish
Monthly
Neutral
4 bullish · 1 neutral · 3 bearish
Moving averages (daily)
| SMA 10 | 356.8 | Bearish |
| EMA 10 | 350.1 | Bearish |
| SMA 20 | 355.4 | Bearish |
| EMA 20 | 354.1 | Bearish |
| SMA 50 | 365.3 | Bearish |
| EMA 50 | 362.9 | Bearish |
| SMA 100 | 379.6 | Bearish |
| EMA 100 | 369.5 | Bearish |
| SMA 200 | 367.0 | Bearish |
| EMA 200 | 361.8 | Bearish |
Oscillators (daily)
| RSI (14) | 34.89 | Neutral |
| MACD (12, 26) | -4.72 | Bearish |
| Momentum (12) | -6.39 | Bearish |
| Stochastic %K (14) | 0.33 | Bullish |
| Williams %R (14) | -99.67 | Bullish |
| CCI (20) | -211.3 | Bullish |
Pivot points (classic, last session)
S3 314.0 | S2 321.3 | S1 325.0 | Pivot 332.3 | R1 336.0 | R2 343.3 | R3 347.0 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.60 USD
Yield on today's price
0.79%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 21 Sep 2026 | 0.6500 |
| 22 Jun 2026 | 0.6500 |
| 23 Mar 2026 | 0.6500 |
| 22 Dec 2025 | 0.6500 |
| 22 Sep 2025 | 0.5900 |
| 20 Jun 2025 | 0.5900 |
| 20 Mar 2025 | 0.5900 |
| 23 Dec 2024 | 0.5900 |
| 19 Sep 2024 | 0.5300 |
| 24 Jun 2024 | 5.2500 |
| 20 Mar 2024 | 5.2500 |
| 19 Dec 2023 | 5.2500 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
AVGO SEC filings
10 Sep 2026
10-QSEC EDGAR
Quarterly report
2 Sep 2026
8-KSEC EDGAR
Results of operations; Other events
6 Jul 2026
8-KSEC EDGAR
Other events
18 Jun 2026
8-KSEC EDGAR
Other events
11 Jun 2026
8-KSEC EDGAR
Other events
9 Jun 2026
10-QSEC EDGAR
Quarterly report
3 Jun 2026
8-KSEC EDGAR
Results of operations; Other events
21 Apr 2026
8-KSEC EDGAR
Shareholder vote results
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.