Broadcom Inc (AVGO · NASDAQ)
AVGO · MARKET VIEW
Market view · as of Oct 21, 2026
Price (last ~year)
Broadcom's fiscal quarter ended July 31, 2026 showed revenue of $29.59B, up from $22.19B the prior quarter, with net income of $13.09B and trailing revenue of $89.10B (+85.5% YoY). The company beat estimates in all four of its last earnings reports, most recently reporting $3.03 versus $2.83 expected, and generated $13.66B in free cash flow for the quarter against modest leverage (debt/EBITDA 1.1x, $23.98B cash). Despite these fundamentals, the stock has sold off — down 12.6% over three months and 30.3% below its 52-week high, trading at $334.37 with an RSI of 42 and below all key moving averages. The shares carry a $1.60T market cap at a P/E of 42.73, with an analyst target of $527.59.
Valuation
- Market cap
- $1.60T
- P/E
- 42.73
- PEG
- 0.361
- P/B
- 17.46
- P/S
- 17.93
- EV/EBITDA
- 33.92
- Beta
- 1.476
- Analyst target
- $527.59
Quality & returns
- Gross margin
- 75.5%
- Operating margin
- 54.3%
- Profit margin
- 42.9%
- ROE
- 44.3%
- ROA
- 15.4%
Price movement
- Last
- $334.37
- 1-month
- -8.3%
- 3-month
- -12.6%
- RSI (14)
- 42
- vs SMA200
- -8.9%
- 52-wk position
- 22.4% -30.3% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-07-31 | $29.59B | $16.06B | $13.09B | $18.27B |
| 2026-04-30 | $22.19B | $10.86B | $9.31B | $13.07B |
| 2026-01-31 | $19.31B | $8.67B | $7.35B | $11.15B |
| 2025-10-31 | $18.02B | $7.51B | $8.52B | $9.86B |
Recent news
- Neutral Verizon Communications Inc. $VZ Shares Sold by Canal Insurance CO · 2026-10-20
- Somewhat-Bullish What Analog Devices Bulls Got Right · 2026-10-20
- Somewhat-Bullish Chip ETF Recovers From Eight-Day Slide as TSMC and ASML Underline Sector Strength · 2026-10-20
- Somewhat-Bullish FedEx will keep using Broadcom software to support its computer systems. · 2026-10-20
- Bullish Broadcom renews infrastructure software agreement with FedEx · 2026-10-20
- Somewhat-Bullish Applied Materials opens a $5 billion lab where chip rivals now work side by side · 2026-10-20
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)