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Added to YB: 2026-09-07

Pitch date: 2026-09-04

AVGO [bullish]

Broadcom Inc.

Author Info

No bio for this author

Company Info

Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally.

Market Cap

$1.7T

Pitch Price

N/A

Price Target

N/A

Dividend

0.73%

EV/EBITDA

33.21

P/E

45.59

EV/Sales

19.47

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Why I Sold META and Why Broadcom Looks Cheap

AVGO: Broadcom looks reasonably valued rather than outright cheap after a slight earnings selloff. Fiscal Q3 revenue rose 86% to $29.6B as AI semiconductor revenue grew 221% to $16.7B, but Q4 guidance of $34.8B came just below the $35.03B consensus. AI mix reduced non-GAAP gross margin by roughly 210 basis points to 75%, though operating margin rose to about 68%; management targets $115B of AI semiconductor revenue in FY27 and $230B in FY28. The smaller Broadcom sleeve is intended to diversify a Nvidia-heavy portfolio while retaining AI semiconductor exposure.

Read full article (2 min)