Broadcom (NASDAQ:AVGO) Trading Down 1.6% – Here’s What Happened

Broadcom Inc. (NASDAQ:AVGO)’s share price was down 1.6% during trading on Thursday . The stock traded as low as $332.20 and last traded at $335.9670. Approximately 21,392,202 shares were traded during mid-day trading, a decline of 19% from the average daily volume of 26,465,332 shares. The stock had previously closed at $341.57.

Broadcom News Summary

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Management now sees AI chip sales in excess of $100 billion in 2027, a dramatic upward revision that implies much higher AI revenue run rates and market-share gains vs. peers. Broadcom (AVGO) Rises on AI Chip Sales Forecasts for 2027
• Positive Sentiment: Broadcom announced the industry’s first 3nm 400G/lane optical DSP (BCM83640), enabling higher-bandwidth transceivers for AI data centers — this strengthens Broadcom’s position in optical interconnects, a key revenue stream for AI deployments. Broadcom Delivers Industry’s First 400G/lane Optical DSP
• Positive Sentiment: Coverage highlights new liquid-cooled AI XPUs and a broader 400G optics push that reinforce a multi-product AI hardware roadmap — positive for multi-year growth and cross-selling into hyperscalers. Broadcom Is Up 7.6% After Liquid-Cooled AI XPUs And 400G Optics Push
• Positive Sentiment: New server/AI chip introductions to address exploding data needs garnered press and analyst attention, supporting the narrative that Broadcom is capturing infrastructure wallet share from AI deployments. Broadcom debuts powerful chip to handle AI’s exploding data needs
• Positive Sentiment: Analysts have turned more bullish post-earnings — upgrades and higher price targets (including RBC’s lift) reflect stronger FY27 commentary and justify elevated valuation for an AI-driven growth story. RBC Capital Markets Lifts Broadcom (AVGO) Price Target
• Neutral Sentiment: Broadcom named 11:11 Systems VMware Cloud Service Provider Partner of the Year — a commercial win but not material on its own to AVGO’s top line. 11:11 Systems Named Broadcom VMware Cloud Service Provider Partner of the Year 2025
• Neutral Sentiment: Zacks and other outlets are parsing international revenue trends and momentum/style scores — useful for longer-term thesis but not immediate catalysts. Unlocking Broadcom Inc. (AVGO) International Revenues
• Neutral Sentiment: Some commentary flagged earlier gross-margin uncertainty tied to systems shipments; management later pushed back on margin headwinds (and may have negotiated higher pricing with large AI customers), leaving margin impact uncertain. Broadcom: AI Is Turning This Chip Giant Into A Strong Buy Cash Flow Machine

Analyst Ratings Changes

A number of research analysts have recently commented on AVGO shares. Deutsche Bank Aktiengesellschaft set a $430.00 price target on shares of Broadcom and gave the stock a “buy” rating in a report on Friday, December 12th. Truist Financial lifted their price objective on shares of Broadcom from $510.00 to $545.00 and gave the company a “buy” rating in a report on Thursday, March 5th. KeyCorp reissued an “overweight” rating and issued a $500.00 price objective (up from $460.00) on shares of Broadcom in a research report on Friday, December 12th. Zacks Research lowered shares of Broadcom from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Broadcom in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Broadcom has an average rating of “Moderate Buy” and a consensus price target of $435.30.

Broadcom Stock Down 1.6%

The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80. The firm has a market cap of $1.59 trillion, a PE ratio of 65.62, a P/E/G ratio of 0.79 and a beta of 1.22. The business’s 50-day simple moving average is $333.44 and its 200 day simple moving average is $344.21.

Broadcom (NASDAQ:AVGO) last announced its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.02. The firm had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The company’s revenue was up 29.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.60 EPS. As a group, equities research analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, March 23rd. Broadcom’s payout ratio is 50.78%.

Insiders Place Their Bets

In other Broadcom news, insider Mark David Brazeal sold 38,281 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $327.65, for a total transaction of $12,542,769.65. Following the completion of the sale, the insider directly owned 266,494 shares of the company’s stock, valued at approximately $87,316,759.10. This represents a 12.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Kirsten M. Spears sold 30,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer owned 277,237 shares in the company, valued at $96,428,573.34. This represents a 9.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 458,785 shares of company stock worth $155,508,157. 1.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Broadcom

Several institutional investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in Broadcom by 21.8% in the fourth quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock worth $6,882,000 after acquiring an additional 5,322 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Broadcom by 10.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock valued at $1,854,000 after acquiring an additional 756 shares in the last quarter. United Bank increased its holdings in shares of Broadcom by 76.5% during the first quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer’s stock valued at $392,000 after acquiring an additional 1,014 shares in the last quarter. Sivia Capital Partners LLC raised its position in shares of Broadcom by 10.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer’s stock valued at $3,499,000 after purchasing an additional 1,160 shares during the last quarter. Finally, Capital & Planning LLC boosted its stake in Broadcom by 10.5% in the 2nd quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer’s stock worth $1,098,000 after purchasing an additional 378 shares in the last quarter. 76.43% of the stock is currently owned by institutional investors and hedge funds.

About Broadcom

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.