Broadcom (NASDAQ:AVGO) Trading 2.1% Higher – Still a Buy?

Broadcom Inc. (NASDAQ:AVGO) shot up 2.1% on Wednesday . The company traded as high as $335.91 and last traded at $332.31. 19,728,083 shares changed hands during trading, a decline of 21% from the average session volume of 24,990,879 shares. The stock had previously closed at $325.49.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Analysts and bullish write-ups argue Broadcom’s AI chip exposure positions it for accelerated revenue and margin growth, supporting a buy case ahead of the March 4 earnings report. Here’s Why Broadcom Stock Is a Buy Before March 4
• Positive Sentiment: BroadPeak launch expands Broadcom’s connectivity portfolio into 5G Advanced/6G and claims ~40% power reduction; company forecasts AI revenue to double and ~50% semiconductor growth — a product catalyst for future revenue. Broadcom Inc. (AVGO) Launches BroadPeak, Here’s What You Should Know
• Positive Sentiment: TD Cowen repriced/adjusted its valuation but emphasized long-term AI tailwinds — a signal that sell-side models are incorporating sustained AI demand into AVGO’s longer-term upside. TD Cowen Adjusts Broadcom (AVGO) Valuation, Highlights Long-Term AI Tailwinds
• Neutral Sentiment: Broadcom confirmed a quarterly dividend payable late March, continuing a long payout streak — supportive for income investors but less likely to move price materially. Broadcom to pay dividends on March 31; Here’s how much 100 AVGO shares will earn
• Neutral Sentiment: Several previews note Wall Street expects earnings growth but flag mixed signals on likelihood of an upside surprise — this keeps volatility elevated into the report. Broadcom Inc. (AVGO) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Citi trimmed its price target modestly (keeps Buy), which is a mild negative signal that some analysts are moderating upside despite maintaining positive ratings. Citi Lowers PT on Broadcom Inc. (AVGO) Stock
• Negative Sentiment: Options traders and some analysts are positioning for post-earnings volatility (covered puts/strategies), reflecting uncertainty about near-term reaction even if fundamentals look strong. Broadcom: Covered Put Option Is The Play For FQ1 2026 Earnings

Analyst Ratings Changes

AVGO has been the topic of several recent research reports. Benchmark increased their price objective on Broadcom from $385.00 to $485.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Mizuho set a $480.00 price objective on shares of Broadcom and gave the stock an “outperform” rating in a research note on Friday, January 9th. DA Davidson raised shares of Broadcom to a “hold” rating in a report on Friday, February 13th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $475.00 price target (up from $400.00) on shares of Broadcom in a research report on Friday, December 12th. Finally, Raymond James Financial set a $420.00 price target on Broadcom and gave the company an “outperform” rating in a research note on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $433.13.

Broadcom Stock Performance

The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71. The company has a market cap of $1.58 trillion, a P/E ratio of 69.81, a P/E/G ratio of 1.06 and a beta of 1.21. The stock’s fifty day moving average price is $336.79 and its two-hundred day moving average price is $342.42.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, beating the consensus estimate of $1.87 by $0.08. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the business earned $1.42 earnings per share. The company’s revenue was up 28.2% on a year-over-year basis. As a group, equities analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a dividend of $0.65 per share. The ex-dividend date was Monday, December 22nd. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. This is an increase from Broadcom’s previous quarterly dividend of $0.59. Broadcom’s dividend payout ratio is currently 54.62%.

Insiders Place Their Bets

In other news, insider Charlie B. Kawwas sold 1,928 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $327.80, for a total value of $631,998.40. Following the sale, the insider directly owned 23,582 shares in the company, valued at approximately $7,730,179.60. This trade represents a 7.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Kirsten M. Spears sold 30,000 shares of Broadcom stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the sale, the chief financial officer directly owned 277,237 shares in the company, valued at $96,428,573.34. This trade represents a 9.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 779,101 shares of company stock valued at $283,804,325 over the last ninety days. 2.00% of the stock is owned by insiders.

Institutional Trading of Broadcom

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Tempo Wealth LLC acquired a new position in Broadcom in the 4th quarter worth about $11,014,000. Thryve Wealth Management LLC bought a new stake in shares of Broadcom during the fourth quarter worth about $913,000. KW Wealth Management LLC increased its stake in shares of Broadcom by 56.5% in the fourth quarter. KW Wealth Management LLC now owns 1,080 shares of the semiconductor manufacturer’s stock valued at $374,000 after buying an additional 390 shares during the period. MidFirst Bank bought a new position in Broadcom in the 4th quarter valued at approximately $21,631,000. Finally, Ketron Financial bought a new position in Broadcom in the 4th quarter valued at approximately $18,160,000. Institutional investors own 76.43% of the company’s stock.

Broadcom Company Profile

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.