NASDAQ: AVGO

Broadcom (AVGO) Stock Analysis & Forecast

Broadcom Inc. Electronic technology sector, semiconductors industry. Market cap $1.70T.

$357.61+10.31 (+3.0%)

Close on Sep 18, 2026. Page updated Sep 19, 9:18 pm ET.

Gekko Brief

AI summary

Broadcom closes at $357.61, up 3% on the day, sitting between its 50-day average of $379.76 and 200-day average of $369.10. The GekkoIndex reads 63.8, placing the stock in the Accumulation zone, and the price sits 0.8% below Gekko Fair Value of $360.62.

This week's news centers on Broadcom's AI chip trajectory and the market's reaction to it. Shares fell over 4% following a $21.7 billion AI semiconductor revenue forecast that met slowdown fears, and dropped a further 3.2% as a broader debate over AI development pace weighed on semiconductor stocks, with mentions of ongoing scrutiny over valuation, earnings outlook and regulatory issues tied to the VMware acquisition. CEO Hock Tan defended fiscal 2027 and 2028 AI semiconductor revenue targets of $115 billion and $230 billion respectively amid this investor anxiety. Separately, Broadcom repurchased its Irvine research campus for $325 million, and commentary pieces compared its growth trajectory to Applied Materials and framed its custom chip partnerships, including with Google, as a counterpoint to Nvidia's position.

Looking ahead, the next earnings report is scheduled for 9 December 2026, 80 days out, placing it outside a typical 20-trading-day holding window. Over the last 90 days, Congress recorded 6 buys and 0 sales, and the last 30 days show 1 unusual options signal, with call premium of $112,901,697 against put premium of $19,373,670. Seasonally, the next 20 trading days have averaged +0.7% over 5 years, rising in 4 of them, a pattern worth noting alongside the current gap to fair value.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $357.61200-day averageGekko Fair Value $360.62

Key stats

Market cap
$1.70T
P/E ratio
44.3
Forward P/E
18.1
EPS, TTM
$7.84
Revenue, TTM
$89.10B
Profit margin
42.9%
Dividend yield
0.77%
Beta
1.46
Volume
43.71M avg 25.19M
1-year return
+3.3%
Typical daily move
±3.1%
Typical 20-day move
±6.8%
50-day average
$379.76
200-day average
$369.10
Next earnings
Dec 9 after close
Shares outstanding
4.77B
52-week range
$289.96$495.00

Broadcom swing-trade checklist

Broadcom scores 4 supportive, 2 mixed and 0 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $357.61 sits between the 50-day ($379.76) and 200-day ($369.10) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    63.8, Accumulation

    Reading 63.8 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuemixed

    0.8% below

    Price is within 5% of Gekko Fair Value (0.8% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: Congress 6 buys / 0 sales. Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 80 days

    Next report Dec 9, 2026, 80 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +0.7% on average

    From this point in the calendar, the next 20 trading days averaged +0.7% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Broadcom stock chart and price history

Broadcom closed at $357.61 on Sep 18, 2026, +3.3% over the past year, inside a 52-week range of $289.96 to $495.00.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−1.3%
3 months
−13.1%
6 months
+11.8%
1 year
+3.3%
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About Broadcom

Broadcom designs and supplies semiconductor components and infrastructure software used across a wide range of electronic systems. Its output ranges from basic discrete parts to more complex sub-systems, including firmware that bridges analog and digital functions and hardware built for optoelectronic or capacitive sensing applications. The company is known for supplying the building blocks that go into networking gear, storage systems, and communications equipment used by other manufacturers.

The business is organized into four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. Products made across these segments find their way into data center networking and servers, home internet equipment, digital television receivers, telecom hardware, mobile phones, storage architecture, industrial automation tools, power generation equipment, and electronic displays. Broadcom employs 19,000 full-time staff to support this spread of activity.

The company is headquartered in San Jose, California. Its shares are listed on the NASDAQ under the ticker AVGO.

Listed
NASDAQ
Sector
Electronic technology
Industry
Semiconductors
Website
broadcom.com

Broadcom GekkoIndex: the smart money zone

Broadcom’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 63.8, in the Accumulation zone, up 0.6 points over five sessions.

010063.8Accumulation

Up 0.6 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying9Too few readings yet
Accumulation (current zone)171+2.0%+4.1%+8.1%+19.6%
Neutral421+0.8%+1.5%+2.9%+8.2%
Distribution52−0.3%+0.7%+2.7%+6.6%
Selling9Too few readings yet

Average AVGO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the AVGO price, zone by zone.Track AVGO in Gekko

Is Broadcom stock overvalued? Gekko Fair Value

Broadcom trades 0.8% below Gekko Fair Value of $360.62, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Broadcom shares are worth, recalculated every trading day.

$360.62

Gekko Fair Value, Sep 19, 2026

0.8% below fair value · About fair value

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open AVGO in Gekko

Broadcom insider and Congress trading

No open-market insider purchases were filed for Broadcom, and members of Congress disclosed 6 purchases and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for AVGO in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every AVGO insider filing, plotted on the chart in Gekko.Open AVGO in Gekko

Congress trades last 90 days

6trades disclosed: 6 purchases and 0 sales.

MemberTypeAmountDisclosed
David Taylor
House, OH, purchase
Purchase$1,001 - $15,000Sep 7
traded Aug 26
David J. Taylor
House, OH, purchase
Purchase$1,001 - $15,000Sep 7
traded Aug 25
David Taylor
House, OH, purchase
Purchase$1,001 - $15,000Aug 7
traded Jul 24
David J. Taylor
House, OH, purchase
Purchase$1,001 - $15,000Aug 7
traded Jul 23
Rick W. Allen
House, GA, purchase
Purchase$1,001 - $15,000Aug 19
traded Jul 14

From congressional disclosures, which report amounts as ranges.

Buybacks

Broadcom has been buying back its own shares.

Bought back, quarter ended May 3, 2026
$600.0M
As a share of market cap
0.04%

From company filings.

Unusual options activity last 30 days

1signal, 85% of the flagged premium in calls.

Latest: Bullish flow on Sep 4, $132.3M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

5of the funds Gekko tracks hold AVGO.

1added2opened2trimmed6sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Broadcom earnings: next date and track record

Broadcom reports on Dec 9, 2026, after the close (80 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±9.5%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+22.7%Dec ’24+1.8%Mar ’25−5.4%Jun ’25+10.7%Sep ’25−12.8%Dec ’25+6.0%Mar ’26−13.0%Jun ’26−3.4%Sep ’26

Last earnings call, Sep 2, 2026 AI summary

What they said
Broadcom reported Q3 FY2026 revenue of $29.6 billion, up 86% year-on-year, with AI semiconductor revenue surging 221% YoY to $16.7 billion. Operating margin hit a record 68%. Key milestones include high-volume delivery of Google's TPU v7 (Ironwood), production shipments of TPU v8i, and OpenAI's first custom accelerator (Jalapeno). Six XPU customers drove XPU shipments up 3.5x YoY, representing 73% of AI revenue.
Guidance
Q4 FY2026 AI revenue guided at $21.7 billion, up 236% YoY, with full-year FY2026 AI revenue raised to $58 billion (vs. prior $56 billion guide), up 186% YoY. Management expects XPU and AI networking revenue to triple YoY in Q4, with demand expected to inflect further in 2027-2028.
ReportedEPSSurpriseRevenueSurpriseMove
Sep 2, 2026$3.03
est $2.83
+7.1%$29.59B
est $29.24B
+1.2%−3.4%
Jun 3, 2026$2.44
est $2.40
+1.7%$22.19B
est $22.13B
+0.3%−13.0%
Mar 4, 2026$2.05
est $2.03
+1.0%$19.31B
est $19.26B
+0.3%+6.0%
Dec 11, 2025$1.95
est $1.87
+4.3%$18.02B
est $17.47B
+3.1%−12.8%
Sep 4, 2025$1.69
est $1.66
+1.8%$15.95B
est $15.83B
+0.8%+10.7%
Jun 5, 2025$1.58
est $1.57
+0.6%$15.00B
est $14.96B
+0.3%−5.4%
Mar 6, 2025$1.60
est $1.51
+6.0%$14.92B
est $14.62B
+2.1%+1.8%
Dec 12, 2024$1.42
est $1.38
+2.9%$14.05B
est $14.07B
−0.1%+22.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Broadcom stock forecast and analyst price targets

Analysts’ average 12-month price target for Broadcom is $531.85, +48.7% from the last close, from 30 firms rating the stock in the last 90 days.

$531.85consensus 12-month target, +48.7% from the last close
Low $350High $630
Buy27
Hold3
Sell0

Each firm’s latest rating in the last 90 days: 30 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 14BernsteinBuy, maintained$575+60.8%
Sep 12Mizuho SecuritiesBuy, maintained$530+48.2%
Sep 10Piper SandlerBuy, initiated$460+28.6%
Sep 9Piper SandlerBuy, initiated$460+28.6%
Sep 7DBSBuy, maintained$470+31.4%
+8.1%average 20-day move after past Accumulation readings
+0.7%average move over the next 20 trading days in the last 5 years
±3.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Broadcom seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Broadcom averaged +0.7% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+1.7%2021−13.2%2022+4.1%2023+8.4%2024+1.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.8%2 of 5
Next 10 trading days−2.6%1 of 5
Next 15 trading days−0.6%2 of 5
Next 20 trading days+0.7%4 of 5
Next 30 trading days+3.2%3 of 5

For scale, AVGO’s typical 20-trading-day move in either direction is about 6.8%.

Broadcom market cap and key statistics

Broadcom’s market cap is $1.70T, with a P/E ratio of 44.3 and revenue of $89.10B over the last twelve months.

Valuation

Market cap
$1.70T
P/E ratio
44.3
Forward P/E
18.1
EPS, TTM
$7.84
Gekko Fair Value
$360.62

Trading

Volume
43.71M
Avg volume, 20 days
25.19M
52-week high
$495.00
52-week low
$289.96
Shares outstanding
4.77B

Financials

Revenue, TTM
$89.10B
Profit margin
42.9%
Return on equity
44.3%
Quarterly earnings growth, YoY
+215.3%

Risk and income

Beta
1.46
Typical daily move
±3.1%
Typical 20-day move
±6.8%
Dividend yield
0.77%

Broadcom peers

Broadcom’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NVDANVIDIA+1.3%Neutral16.4% below
MUMicron Technology+3.2%Neutral2.5% above
AMDAdvanced Micro Devices+2.3%Neutral11.9% above
INTCIntel−1.1%Neutral12.9% above
TXNTexas Instruments+2.2%Accumulation3.3% above
KLACKLA+3.8%Accumulation2.1% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Broadcom stock FAQ

What is Broadcom’s market cap?

Broadcom’s market cap is $1.70T at the Sep 18, 2026 close of $357.61, with 4.77B shares outstanding. The shares trade on a P/E ratio of 44.3.

What is the Broadcom stock forecast?

The consensus analyst 12-month price target for Broadcom is $531.85, +48.7% from the last close. Of the 30 firms that rated the stock in the last 90 days, 27 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Broadcom stock overvalued or undervalued?

On Gekko’s estimate Broadcom is about fair value: the Sep 18, 2026 close of $357.61 is 0.8% below Gekko Fair Value of $360.62. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Broadcom report earnings next?

Broadcom is expected to report on Dec 9, 2026, after the market closes (80 days away). Analysts expect earnings of $3.82 per share on revenue of $34.86B. Broadcom beat the earnings estimate in 8 of its last 8 reports, moving 9.5% on average across the report.

What is Broadcom’s 52-week high and low?

Broadcom’s 52-week high is $495.00 and its 52-week low is $289.96; it closed at $357.61 on Sep 18, 2026, +3.3% over the past year.

Is Broadcom stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, smart money, earnings risk and seasonality), 2 as mixed (trend and fair value). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Broadcom?

Gekko flagged 1 unusual options signal in Broadcom over the last 30 days, with $112.9M of flagged premium in calls and $19.37M in puts. The latest, bullish flow, was on Sep 4, 2026 with $132.3M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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