NASDAQ:AVGO
Broadcom (AVGO)
Financials 
Technical Analysis 
Jun 8, 2026, 12:00 amThis summary was created by AI, based on 42 opinions in the last 12 months.
Broadcom (AVGO) has shown impressive quarterly results, reporting earnings of $2.05 per share, surpassing estimates, and achieving record revenue driven by the demand for AI semiconductors. Despite these solid numbers and optimistic future projections, the stock experienced a notable drop of $70, attributed primarily to cautious guidance and profit-taking behavior from investors who had seen substantial gains over the past year. Analysts recognize that while Broadcom is a leader in semiconductor chips, trading at a high PE ratio, the performance is tempered by anticipated deceleration in revenue growth post-2026. The overall sentiment leans towards cautious optimism, with many experts recommending a watchful approach due to market volatility and the prevailing competition, particularly from companies like Nvidia. While the growth potential remains significant, a careful evaluation of entry points is advised as market dynamics continue to evolve.
He recommended this in January, and since then it has had a tremendous run. This is really an amalgamation of Broadcom and AVGO coming together. They are both in the chip space. By coming together, there are cost synergies that are still playing out. When you buy an iPhone, you are going to have a Broadcom chip in there. They also have the chips in automobiles. Dividend yield of 1.6%. (Analysts’ price target is $275.)
Kash PashootanThis is a merger of AVGO and Broadcom, both leaders in the chip space. AVGO was in defence and automotive and Broadcom was mobile. It was the perfect marriage. By coming together, it was the cost synergies, but more so it allowed them to innovate much more quickly by having them under the same umbrella. This is essentially the largest Wi-Fi chip provider. They have established relationships with top of class companies, and it’s a space that continues to grow. Dividend yield of 1.99%. (Analysts’ price target is $215.86.)
Kash PashootanThis was a merger of Broadcom and Avago, both leaders in their market. Today they are the leader in RF chips which are in every Apple device. Their product offering is so strong that they were able to get a 2-3 year contract out of Apple (AAPL-Q) which Apple does not do. They have a locked-in loaded position in the next generation of iPhones and iPads, which is an expanding market. The 2nd market they are in is automotive. Cars are all becoming more connected to the Internet. This company is going to generate about $5 billion in cash over the next year. It is generating a return on capital of about 7%. Dividend yield of 1.26% which will grow at about 10% a year.
David BurrowsThey basically supply line filters to a lot of products including the iPhone. Have done a couple of big acquisitions. Trading at 15X PE which is a good multiple in the space. They have a lot of room to run.
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(A Top Pick June 14/16. Up 55%.) The whole semiconductor group has been on fire since March/April of last year. This one is a key company in that space. You could also use the SPDR ETF XSD-N.