Broadcom Inc (AVGO · NASDAQ)

Broadcom's fundamentals remain strong — quarterly revenue climbed from $18.02B in the October 2025 quarter to $29.59B in the July 2026 quarter, with revenue up 85.5% YoY and the company beating estimates in all four of its last earnings reports — yet the stock has sold off sharply, falling 16.1% over three months and 31.5% below its 52-week high to $328.75. The company carries a $1.57T market cap at a P/E of 43.31, with a 75.5% gross margin, 42.9% profit margin, and $13.66B in quarterly free cash flow against modest leverage of 1.1x debt/EBITDA. Momentum indicators are negative across the board: the stock sits 10.4% below its 200-day moving average, RSI(14) is at 40, and the MACD histogram is negative at -1.99, though the analyst target of $527.59 sits well above the current price.