Broadcom Inc. (AVGO) Stock

Broadcom Inc. (AVGO) is a Technology stock trading at $370.04 (as of 2026-07-17), with a market capitalization of $1.76T and a trailing P/E of 62.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Broadcom designs and supplies semiconductor products and infrastructure software. It operates across segments including wired and wireless communications, enterprise storage, and industrial offerings, serving customers in areas such as enterprise and data center networking, connectivity devices, telecom equipment, and data center server and storage systems.

Understand Broadcom Inc.: how it makes money

Broadcom designs and supplies semiconductors and infrastructure software solutions, and it makes money by selling these products used in end equipment like data center networking, connectivity, servers and storage systems, and telecom and wireless devices.

Broadcom’s profit engine is the combination of high-revenue semiconductor exposure (Semiconductor Solutions 15.0B, including Semiconductor revenue from AI 10.8B) and infrastructure software recurring demand (Infrastructure Software segment revenue 7.2B, tied to Infrastructure Software annual recurring revenue 5.3B and a Consolidated renewal rate of 119%).

Revenue by segment (latest quarter)
Semis$15.0B
InfraSW$7.2B

Business quality (Exceptional): The model looks structurally supported by software recurrence and renewal, while semiconductors are meaningfully tied to AI exposure, which can create both momentum and cycle sensitivity.

Valuation: At 68× earnings, AVGO trades 33% above the Semiconductors average (51×). Note: one-time items can distort reported P/E.

Bull case

  • Software recurrence and renewal: Infrastructure Software segment revenue is 7.2B, and investors can track Infrastructure Software annual recurring revenue (5.3B) alongside a Consolidated renewal rate of 119%.
  • AI-linked semiconductor contribution: Semiconductor revenue from AI is 10.8B, and AI orders secured for qualified customers (XPU-based) are 10.0B.

Bear case

  • AI mix concentration risk: Non-AI semiconductor revenue is 4.2B versus AI-related semiconductor revenue of 10.8B, so results may be more sensitive to changes in AI demand.
  • Order timing uncertainty: AI orders secured for qualified customers (XPU-based) are 10.0B, but secured orders do not guarantee the timing or the final revenue conversion pattern.
Valuation — source: SEC EDGAR (first-party)
Price$370.04
Market Cap$1.76T
P/E Ratio62.5
EV / EBITDA51.8
Price / Book20.08
Price / Sales22.93
FCF Yield3.1%
DCF Value (model)$131.59
DCF Upside vs Price-64.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$63.89B
Net Margin36.2%
Revenue Growth (YoY)23.9%
Revenue Growth (3Y)67.0%
EPS Growth (YoY)286.6%
FCF Growth (YoY)38.6%
Financial Health — source: SEC EDGAR
Altman Z-Score12.76 (safe)
Piotroski F-Score7/9 (strong)
Valuation vs Sector & Industry
Stock P/E62.5
Sector P/E (Technology)34.7
Industry P/E (Electronic Equipment)40.6
vs Sector80.4%
vs Industry54.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Buys (12mo)1
Insider Sells (12mo)91
Top Institutional HolderVANGUARD GROUP INC ($167.06B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorTechnology
IndustryElectronic Equipment
CEOHock E. Tan
Employees37,000
CountryUS
IPO Date2009-08-06

Related Companies (Business model: Fabless Semiconductors + SaaS / Subscription Software (Enterprise); 8 closest by market cap; US-domiciled)

  • NVIDIA Corporation (NVDA)
  • Microsoft Corporation (MSFT)
  • Advanced Micro Devices, Inc. (AMD)
  • Cisco Systems, Inc. (CSCO)
  • Palo Alto Networks, Inc. (PANW)
  • International Business Machines Corporation (IBM)
  • QUALCOMM Incorporated (QCOM)
  • Marvell Technology, Inc. (MRVL)
AVGO earnings history · AVGO institutional & insider holders · AVGO KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.