Broadcom (AVGO)
Builds AI and connectivity chips alongside private-cloud and infrastructure software.
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Sells custom AI accelerators, Ethernet networking, wireless, storage and broadband chips alongside VMware private-cloud, mainframe, cybersecurity and enterprise software. Revenue spans two sizable segments, while semiconductor production and sales depend on outside foundries, distributors and a concentrated customer base.
Designs and supplies semiconductor solutions for AI and enterprise data centers, networking, wireless devices, servers, storage, broadband and industrial equipment. Infrastructure Software spans VMware Cloud Foundation private cloud, mainframe tools, Symantec cybersecurity, enterprise software and Fibre Channel storage-area networking.
Combines high-performance chip design and system integration with long-running customer co-development, while maintaining engineering teams across the United States, Asia and Europe. Software revenue comes from licenses, subscriptions, support and professional services sold largely to complex enterprises and governments.
Outsources most wafer fabrication and assembly, with TSMC among its key manufacturing partners, and manufactures and sources most products in Asia. Revenue depends on a relatively small set of customers and distributors.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 9, 2026 | Piper Sandler | Initiate | Rating: —Target: $430 | Target: $460 |
| Sep 4, 2026 | DA Davidson | Reiterate | Rating: —Target: $400 | Target: $350 |
| Sep 3, 2026 | Lake Street | Upgrade | Rating: — | |
| Sep 3, 2026 | Raymond James | Initiate | Rating: —Target: $420 | Target: $475 |
| Sep 3, 2026 | Cowen & Co. | Initiate | Rating: — |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Aug 2, 2026Cash & short-term investments $23.98B · Total debt $59.42B · Total assets $188.15B · Shareholders' equity $99.69B
- Revenue
- $29.59B
- Operating income
- $15.96B
- Net income
- $13.09B
HistoryDividendAnnual yield
| Institutions | 78.79% | 3.75B shares | |
|---|---|---|---|
| 5,085 holders · as of Jun 30, 2026 | |||
| Insiders | 0.05% | 2.36M shares | |
| 14 holders · as of Sep 17, 2026 | |||
| Other | 21.16% | 1.01B shares | |
| remainder | |||
4.76B company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.37% | 398.21M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.50% | 309.17M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.14% | 196.90M | as of Jun 30, 2026 |
FMR LLCInstitution | 3.03% | 144.36M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 2.67% | 127.00M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 10, 2026 | Mark David Brazeal | officer: Chief Legal & Corp Affairs Ofc | −25,000 | $401.33 |
| Jul 8, 2026 | Mark David Brazeal | officer: Chief Legal & Corp Affairs Ofc | −25,000 | $379.19 |
| Jul 8, 2026 | Gayla J. Delly | director | −1,890 | $385.38 |
| Jun 29, 2026 | Justine Page | director | −1,602 | $373.86 |
| Jun 25, 2026 | Mark David Brazeal | officer: Chief Legal & Corp Affairs Ofc | −25,000 | $387.00 |
- Marvell Technology
Other half of the custom-AI-silicon duopoly and a data-center networking rival.
- Nvidia
Dominant AI-compute force and the rival data-center interconnect ecosystem.
- Cisco Systems
Merchant switch-silicon challenger plus FC SAN and security-software overlap.
- Microsoft
Private-cloud virtualization and enterprise-security alternative to VMware.
- Qualcomm
Head-to-head in smartphone wireless connectivity and RF front-end components.
- AMD
AI accelerator alternative and a co-backer of the rival open interconnect.
- Nutanix
Pure-play VMware replacement in hyperconverged infrastructure and private cloud.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Broadcom | $362.24 | −0.12% | $1.73T | 46.3 | 20.9 | 19.4 | +85.5% |
| Marvell Technology | $260.25 | +1.11% | $225.40B | 85.3 | 47.6 | 23.9 | +36.6% |
| Nvidia | $228.39 | +0.44% | $5.51T | 28.7 | 19.0 | 18.2 | +105.9% |
| Cisco Systems | $109.36 | −1.88% | $439.31B | 33.5 | 21.4 | 6.9 | +17.6% |
| Microsoft | $500.21 | −0.28% | $3.72T | 27.9 | 25.5 | 11.2 | +17.8% |
| Qualcomm | $193.15 | −0.56% | $203.94B | 22.2 | 20.8 | 4.6 | −4.0% |
| AMD | $613.37 | −0.35% | $1.00T | 157.8 | 54.8 | 24.3 | +50.1% |
| Nutanix | $69.64 | −0.58% | $18.93B | 13.6 | 30.3 | 6.6 | +15.9% |
| Median | 28.7 | 25.5 | 11.2 | +17.8% |