AVGO

Broadcom
D

AVGO

Arincen90/100B

If you had invested in Broadcom ago, it would be worth $27,985 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

90/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Broadcom key facts

Style
Growth stock · 10.0/10Growth 10.0 · Value 4.3 · Dividend 2.9
Day range
354.30 – 358.47
52-week range
289.77 – 495.00
Market capitalization
1.69T USD
P/E
43.96
PEG ratio
0.57
EPS
8.06
Div Yield
0.73%
EPS growth forecast (FY2026)
+71.3%
Volume
100,596
Beta
1.50
ESG score
54.4/100Environment 52 · Social 49 · Governance 61
Sector
Technology
Industry
Semiconductors
CEO
Hock E. Tan
Employees
33K
IPO date
6 Aug 2009

Broadcom earnings

Next earnings · Q4 FY2026
EPS estimate
3.83 USD
Revenue estimate
34.90B USD
Last quarter · Q3 FY2026
EPS3.32Beat +3.1%Revenue29.59BBeat +1.2%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20274.97——+49.64%44.75B——+51.23%
Q2 FY20274.48——+83.50%40.46B——+82.34%
Q1 FY20274.09——+99.45%37.05B——+91.85%
Q4 FY20263.83——+96.41%34.90B——+93.71%
Q3 FY20263.223.32+3.11%+96.45%29.24B29.59B+1.20%+85.50%
Q2 FY20262.402.44+1.67%+54.43%22.13B22.19B+0.26%+47.87%
Q1 FY20262.032.05+0.99%+28.12%19.26B19.31B+0.28%+29.47%
Q4 FY20251.871.95+4.28%+37.32%17.47B18.02B+3.14%+28.18%
Q3 FY20251.661.69+1.81%+36.29%15.83B15.95B+0.80%+22.03%
Q2 FY20251.571.58+0.64%+43.64%14.96B15.00B+0.31%+20.16%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Broadcom analyst forecast

12-month price target
514.37 USD
+45.18%

Analysts' 1-year price targets range from 350.00 to 600.00, with an average of 514.37.

Past year
1-year forecast
Strong sellStrong buy
Strong buy
30 ratings
Buy
27
Hold
3
Sell
0

12-month price target

Highest target600.00
Average target514.37
Lowest target350.00
Current price354.30

Broadcom valuation

Price to earnings ratio (TTM)
43.96
Forward P/E (FY2027)
18.34
Price to sales (TTM)
18.98
Price to book
16.97
EV / EBITDA (TTM)
32.99

Capital structure

Market capitalization
1.69T USD
+
Total debt
59.42B USD
−
Cash and short-term investments
23.98B USD
=
Enterprise value
1.73T USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)11.55————
FY2027 (est.)18.3411.55———
FY2026 (est.)30.3218.34———
Now (TTM)43.9618.0218.9816.9732.99
FY202573.8431.7026.7421.0150.62
FY2024132.7225.1215.1111.5235.08
FY202324.8237.489.7514.5518.23
FY202217.1611.245.798.4711.48
FY202133.6414.187.898.6616.65

Broadcom against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Micron Technology, Advanced Micro Devices, NVIDIA, Intel, Applied Materials, and Lam Research, the US Semiconductors companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median44.0
    17.8208.3
  • Gross marginAbove its median67.8%
    61.4%68.9%
    Against its peers: 3 of 7Peers' median 50.0%
  • Operating marginAt its median39.9%
    26.1%45.2%
    Against its peers: 3 of 7Peers' median 32.3%
  • Net marginAbove its median36.2%
    11.4%39.3%
    Against its peers: 3 of 7Peers' median 28.0%
  • Return on equityAt its median28.4%
    8.7%58.7%
    Against its peers: 5 of 7Peers' median 46.3%
  • Free cash flow marginBelow its median42.1%
    37.6%49.2%
    Against its peers: 3 of 7Peers' median 20.6%
  • Revenue growthAbove its median23.9%
    7.9%44.0%
    Against its peers: 5 of 7Peers' median 30.2%
  • EPS growthHighest in 5 years287.8%
    -62.7%287.8%
    Against its peers: 2 of 6Peers' median 66.7%
  • Debt to EBITDALowest in 5 years1.88×
    1.88×2.83×
    Against its peers: 6 of 7Peers' median 0.54×
  • Current ratioBelow its median1.71
    1.172.82
    Against its peers: 7 of 7Peers' median 2.74

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Broadcom growth and profitability

Revenue (TTM)
89.10B USD
Net income (TTM)
38.27B USD
Gross margin
68.77%
Operating margin
48.05%
Net margin
42.94%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202563.89B+23.87%23.13B+292.30%67.77%39.89%36.20%34.71B+45.37%
FY202451.57B+43.99%5.90B-58.14%63.03%26.10%11.43%23.88B+16.18%
FY202335.82B+7.88%14.08B+22.51%68.93%45.25%39.31%20.55B+7.30%
FY202233.20B+20.96%11.50B+70.65%66.55%42.84%34.62%19.16B+30.39%
FY202127.45B+14.91%6.74B+127.57%61.36%31.03%24.54%14.69B+32.05%

Broadcom revenue breakdown

By product

FY2025
Semiconductor Solutions: 57.7%Infrastructure Software: 42.3%57.7%Semiconductor Solutions42.3%Infrastructure Software
SegmentRevenueShare of revenueChange on the year
Semiconductor Solutions36.86B57.7%+22.5%
Infrastructure Software27.03B42.3%+25.8%

By region

FY2025
Asia Pacific: 56.2%Americas: 29.6%EMEA: 14.2%56.2%Asia Pacific29.6%Americas14.2%EMEA
RegionRevenueShare of revenueChange on the year
Asia Pacific35.90B56.2%+26.3%
Americas18.94B29.6%+26.5%
EMEA9.05B14.2%+10.6%

How Broadcom makes its money

Semiconductor Solutions36.86B 57.7%
Infrastructure Software27.03B 42.3%
Revenue63.89B 100.0%
Cost of revenue20.59B 32.2%
Gross profit43.29B 67.8%
Research and development10.98B 17.2%
Selling and administration4.21B 6.6%
Other operating expenses2.62B 4.1%
Operating income25.48B 39.9%
Other expense2.76B 4.3%
Net income23.13B 36.2%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Broadcom dividends

Annual dividend
2.60 USD
Dividend yield (indicated)
0.73%
Payout ratio
32.26%
Years of dividend growth
16
Frequency
Quarterly
Last payment
0.65 USD
Last ex-dividend date
21 Sept 2026
Last payment date
30 Sept 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share2.422.171.911.691.491.341.120.790.480.25

Broadcom financial health

Cash and short-term investments
23.98B USD
Total debt
59.42B USD
Net cash
-35.44B USD
Free cash flow (TTM)
39.40B USD
Current ratio
2.50
Debt to equity
0.60
Piotroski score
8 / 9
Altman Z-score
11.11

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY202516.18B65.14B26.91B
FY20249.35B67.57B19.41B
FY202314.19B39.65B17.63B
FY202212.42B39.98B16.31B
FY202112.16B40.27B13.32B

Broadcom ownership

Institutions
78.98%
Institutional holders
5,098 (+181)
Free float
98.11%

Who owns the shares

Institutions 79.0% Others 21.0%
As of 30 Jun 2026

Shares free to trade

Free float 4.68B shares ·98.1% Closely held 90.36M shares ·1.9%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q3 20260190.00836.67K
Q2 202615660.54K1.10M
Q1 2026094511.89K1.58M
Q4 202511121.00K750.03K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20254.71B4.85B+1.57%
FY20244.62B4.78B+11.90%
FY20234.15B4.27B+0.95%
FY20224.09B4.23B-1.40%
FY20214.10B4.29B+1.90%

Source: Financial Modeling PrepVerified against SEC filings

Signals
Enjii Ayman
Enjii Ayman
3 weeks ago
buy
AVGO
AVGOBroadcom @324.46
2026-10-23 10:06
AVGO@324.46 Chart
Profit
282.00
USD
1.74%
Enjii Ayman
Enjii Ayman
1 month ago
buy
AVGO
AVGOBroadcom @358.37
2026-10-05 11:00
AVGO@358.37 Chart
Profit
855.50
USD
4.77%
Enjii Ayman
Enjii Ayman
1 month ago
buy
AVGO
AVGOBroadcom @349.15
2026-09-17 11:00
AVGO@349.15 Chart
Profit
564.00
USD
3.23%
Moustafa El khaldy
Moustafa El khaldy
6 months ago
buy
AVGO
AVGOBroadcom @427.49
2026-05-06 09:23
AVGO@427.49 Chart
Profit
1,714.50
USD
8.02%
Moustafa El khaldy
Moustafa El khaldy
6 months ago
buy
AVGO
AVGOBroadcom @427.49
2026-05-06 09:27
AVGO@427.49 Chart
Profit
1,627.00
USD
7.61%
buy
AVGO
AVGOBroadcom @189.96
2025-03-12 08:27
AVGO@189.96 Chart
Profit
9,267.50
USD
97.57%
More
Related Instruments News

Title: Broadcom Inc.

Sector: Technology
Industry: Semiconductors
Broadcom Inc. is an American company that designs, develops and manufactures an array of products and solutions for semiconductor and infrastructure software. The company’s products can be used in data centers, networking, software, broadband and wireless, as well as cloud-storage applications. The company, founded in 1961, is headquartered in San Jose, California. Its semiconductor solutions division provides products and solutions designed for data centers and embedded networking applications, to mention only a few. Its infrastructure software division offers products and solutions for enterprise storage and networking solutions.

Common questions about Broadcom stock