Broadcom is experiencing an unprecedented AI-driven growth cycle, with Q3 2026 revenue surging 85.5% year-over-year to $29.6B and operating margins expanding to 53.9%, fundamentally transforming its earnings power. The company's robust cash generation, with a ...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue has accelerated to an 85.5% year-over-year growth rate in Q3 2026, driving a structural expansion in gross margins to 69.1% and demonstrating exceptional operating leverage with operating income scaling to $16.0B.
Broadcom's AI semiconductor revenue has doubled year-over-year and is projected to exceed $100 billion by 2027, with multi-year commitments from hyperscalers ensuring revenue visibility through 2028.
The company reported a year-over-year revenue growth of approximately 29.5%, a return on equity over 38%, and free cash flow of $8 billion in Q1 Fiscal 2026.
Broadcom operates a 'two-engine' model combining semiconductors and enterprise software, providing a high-margin revenue stream less affected by chip market cycles.
Broadcom's price-to-earnings ratio is 82.57, with DCF models suggesting fair value estimates between $303.74 and $322.22, indicating potential overvaluation.
A significant portion of revenue comes from China, exposing Broadcom to trade tensions, and reliance on a few hyperscalers poses risks if their AI investment strategies change.
Concerns exist regarding potential friction with enterprise customers due to pricing changes post-VMware acquisition, which could lead to long-term customer attrition.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Sep 2, 2026 | $3.32+3.1% vs $3.22 | $29.6B+1.2% vs $29.2B |
Q3 2026 Jun 3, 2026 | $2.44+1.7% vs $2.40 | $1.1B-94.8% vs $22.1B |
Q2 2026 Mar 4, 2026 | $2.05+1.0% vs $2.03 | $19.3B+0.3% vs $19.3B |
Q4 2025 Dec 11, 2025 | $1.95+4.3% vs $1.87 | $18.0B+3.1% vs $17.5B |
Concerns around security and how artificial intelligence capabilities could evolve have put a spotlight on the pace of frontier model development. After doing so several months ago, Anthropic has again called for measures that would limit how quickly frontier models can improve.
Marvell, AMD, and Broadcom are all sitting above Wall Street's consensus targets right now, yet one bold analyst sees each of them with meaningful room left to run before 2027 ends.
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NVIDIA stands out among four trillion-dollar chipmakers with broad AI hardware, networking and software strength as rivals face valuation and cycle risks.
Benchmark AVGO against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Broadcom Inc. (AVGO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $364.54 | $1.73T | 76.42 | 23.87% | 36.2% | 31.05% | 0.63% | |
| $198.27 | $208.18B | 39.57 | 13.66% | 21.01% | 37.33% | — | |
| $262.36 | $229.51B | 85.46 | 42.09% | 27.93% | 16.22% | — | |
| $390.37 | $190.14B | 85.61 | 16.89% | 29.79% | 12.26% | — | |
| $271.41 | $247.86B | 49.80 | 13.05% | 31.11% | 35.77% | — | |
| $123.86 | $624.75B | -2102.89 | -0.47% | -19.79% | -9.58% | — |
Broadcom Inc. (AVGO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Broadcom Inc. (AVGO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Sep 2, 2026·SEC
Jun 11, 2026·SEC
Jun 3, 2026·SEC
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Broadcom Inc. (AVGO) stock FAQ — growth, dividends, profitability & financials explained
Broadcom Inc. (AVGO) reported $93.28B in revenue for fiscal year 2025. This represents a 6065% increase from $1.51B in 2006.
Broadcom Inc. (AVGO) grew revenue by 23.9% over the past year. This is strong growth.
Yes, Broadcom Inc. (AVGO) is profitable, generating $39.06B in net income for fiscal year 2025 (36.2% net margin).
Yes, Broadcom Inc. (AVGO) pays a dividend with a yield of 0.63%. This makes it attractive for income-focused investors.
Broadcom Inc. (AVGO) has a return on equity (ROE) of 31.0%. This is excellent, indicating efficient use of shareholder capital.
Broadcom Inc. (AVGO) generated $42.20B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
