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Model output · Signal date 2026-10-16

Broadcom Inc. (AVGO) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq

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Rating · 90D Neutral Total
90-day forecast Sign up free to reveal
30-day forecast Total
Rank in coverage Middle 30% of 5184 stocks scored
Rank correlation · 90D 40.0% Spearman, 357 dates
Market Cap $1.57T mega-cap · #2 of 60 peers
Summary

Broadcom Inc. (AVGO) stock forecast summary

On Oct. 16, 2026, AVGO is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5184 stocks scored that day.

Broadcom Inc. is a mega-cap company with a market capitalization of $1.57T. It ranks number 2 by market capitalization among the 60 Semiconductors & Related Devices issuers in our coverage with a current forecast.

For AVGO, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 40.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 20.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, AVGO included.

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Price

AVGO price chart and AI forecast

AVGO
Cross-section · 2026-10-16

How AVGO ranks among 5184 stocks

90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-08-02

Broadcom Inc. (AVGO) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Semiconductors & Related Devices peers listed below that report each metric.

Valuation & Market

MetricAVGOIndustry medianRank
Market Cap $1.57T $9.72B 2/60
P/E Ratio 41.93x 42.48x 22/40
P/B Ratio 15.74x 5.06x 8/57
Dividend Yield 0.77% 1.04% 9/13
EPS $7.84 – –
Book Value/Share $20.88 – –
Revenue/Share $18.67 – –
FCF/Share $8.25 – –

Profitability & Margins

MetricAVGOIndustry medianRank
ROE 38.4% 12.2% 3/45
ROA 20.3% 7.2% 4/44
ROIC 25.6% 7.3% 3/53
Gross Margin 68.8% 45.0% 6/57
Operating Margin 48.0% 10.6% 2/57
Net Margin 42.9% 12.9% 2/45
EBT Margin 45.4% 10.3% 2/57
Tax Rate 5.5% – –

Financial Health

MetricAVGOIndustry medianRank
Current Ratio 2.50x 3.17x 40/55
Quick Ratio 2.29x 2.33x 30/54
D/E Ratio 0.89x 0.44x 17/59
Financial Leverage 1.89x 1.45x 16/57
Interest Coverage 20.5x 8.2x 17/45
Working Capital $31.34B $1.19B 2/55

Cash Flow

MetricAVGOIndustry medianRank
Operating Cash Flow $40.65B $271M 2/57
Free Cash Flow $39.40B $186M 2/52
Capital Spending -$1.25B -$56M 46/52
OCF Growth YoY 59.8% 27.1% 11/46
FCF Growth YoY 58.0% 15.7% 10/41
FCF/Sales 44.2% 15.1% 2/52
CapEx/Sales 1.4% 4.2% 50/52

Operational Efficiency

MetricAVGOIndustry medianRank
Asset Turnover 0.47x 0.57x 38/54
Receivables Turnover 6.5x 6.3x 22/49
Inventory Turnover 6.2x 2.5x 6/53
Fixed Assets Turnover 28.3x 6.0x 5/52
Days Sales Outstanding 56 days 58 days 28/49
Days Inventory 59 days 148 days 48/53
Payables Period 52 days 56 days 33/50
Cash Conversion Cycle 63 days 133 days 40/46

Income Statement

MetricAVGOIndustry medianRank
Total Revenue $89.10B $1.45B 2/56
Operating Income $42.81B $126M 2/57
Net Income $38.27B $369M 2/45
R&D Expense $11.84B $217M 3/56
SG&A Expense $4.18B $242M 4/55
Cost of Goods Sold $27.83B $781M 3/57

Dividend & Shareholder Information

MetricAVGOIndustry medianRank
Dividends Per Share $2.53 – –
Payout Ratio 32.3% 40.8% 9/13
Shares Outstanding 4774M – –
Net Income Growth 88.9% 35.6% 8/27
EPS Growth 68.6% 37.0% 10/30

Balance Sheet Highlights (USD millions)

Total Current Assets$52.17B27.7% of assets
Cash & Short-term Investments$23.98B12.7% of assets
Accounts Receivable$13.71B7.3% of assets
Inventory$4.52B2.4% of assets
Total Liabilities$88.46B47.0% of assets
Short-term Debt$16.84B8.9% of assets
Quarterly Financial Reports

AVGO quarterly financials and insider trading

Industry Peers · Semiconductors & Related Devices

Broadcom Inc. (AVGO) industry peers

Companies classified under the same SEC industry code as Broadcom Inc. (Semiconductors & Related Devices): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Total) Market Cap P/E Ratio P/B Ratio
AVGO Broadcom Inc. ▶ $1.57T 41.9x 15.7x
NVDA Nvidia Corp ▲ $5.16T 24.7x 22.5x
AMD Advanced Micro Devices Inc ▲ $863.17B 151.5x 12.8x
INTC Intel Corp ▲ $453.20B – 5.2x
AMAT Applied Materials Inc /De ▲ $324.81B 35.3x 12.7x
TXN Texas Instruments Inc ▶ $252.49B 42.0x 14.0x
ARM Arm Holdings Plc /Uk ▲ $243.29B 232.5x 28.2x
MRVL Marvell Technology, Inc. ▲ $199.78B 71.6x 10.8x
ADI Analog Devices Inc ▶ $191.62B 42.9x 5.7x
ASX Ase Technology Holding Co., Ltd. ▲ $86.49B – –
MPWR Monolithic Power Systems, Inc. ▲ $59.51B 73.7x 15.3x
NXPI Nxp Semiconductors N.V. ▶ $57.72B 21.9x 5.3x
ALAB Astera Labs, Inc. ▲ $49.59B 162.4x 28.7x
STM Stmicroelectronics N.V. ▲ $40.34B 17.3x 2.3x
MCHP Microchip Technology Inc ▲ $40.10B 108.6x 6.2x
CRDO Credo Technology Group Holding Ltd ▲ $31.90B 59.8x 11.7x
CBRS Cerebras Systems Inc. ▶ $30.22B – 3.3x
ON On Semiconductor Corp ▲ $28.04B 45.3x 3.9x
GFS Globalfoundries Inc. ▶ $25.93B 16.6x –
Q Qnity Electronics, Inc. ▲ $24.14B 29.7x 3.3x
TSEM Tower Semiconductor Ltd ▲ $21.94B 29.9x 7.5x
MTSI Macom Technology Solutions Holdings, Inc. ▲ $20.03B 102.8x 13.0x
FSLR First Solar, Inc. ▶ $18.55B 10.6x 1.8x
LSCC Lattice Semiconductor Corp ▲ $14.72B 740.4x 18.7x
SITM Sitime Corp ▲ $14.20B 597.7x 13.9x
SMTC Semtech Corp ▲ $12.76B – 22.3x
NXT Nextpower Inc. ▲ $12.14B 20.7x 4.8x
SWKS Skyworks Solutions, Inc. ▲ $11.99B 68.1x 2.1x
AMKR Amkor Technology, Inc. ▲ $10.34B 24.0x 2.3x
QRVO Qorvo, Inc. ▲ $10.05B 29.7x 3.0x
RMBS Rambus Inc ▲ $9.39B 41.6x 6.7x
VIAV Viavi Solutions Inc. ▲ $8.24B – 5.7x
FORM Formfactor Inc ▲ $8.20B 82.0x 7.4x
SLAB Silicon Laboratories Inc. ▼ $7.37B – 6.7x
MXL Maxlinear, Inc ▲ $6.47B – 13.3x
AAOI Applied Optoelectronics, Inc. ▲ $6.39B – 3.8x
ALGM Allegro Microsystems, Inc. ▲ $5.89B 451.7x 6.1x
CRUS Cirrus Logic, Inc. ▲ $5.41B 13.2x 2.5x
SYNA Synaptics Inc ▲ $4.58B – 4.9x
KLIC Kulicke & Soffa Industries Inc ▲ $4.11B 69.6x 4.5x
ENPH Enphase Energy, Inc. ▲ $4.00B 30.3x 3.6x
DIOD Diodes Inc /Del/ ▶ $3.82B 57.5x 2.0x
AXTI Axt Inc ▲ $3.38B – 3.8x
OSIS Osi Systems Inc ▶ $3.11B 21.8x 3.7x
IPGP Ipg Photonics Corp ▶ $3.02B 102.9x 1.4x
PENG Penguin Solutions, Inc. ▲ $2.93B 58.9x 6.7x
AMBA Ambarella Inc ▲ $2.72B – 4.4x
POWI Power Integrations Inc ▲ $2.49B 82.4x 3.7x
UCTT Ultra Clean Holdings, Inc. ▲ $2.31B – 3.6x
HIMX Himax Technologies, Inc. ▲ $2.03B – –
NLST Netlist Inc ▲ $2.00B – 86.1x
NVTS Navitas Semiconductor Corp ▲ $1.97B – 5.1x
LASR Nlight, Inc. ▲ $1.94B – 4.4x
SEDG Solaredge Technologies, Inc. ▲ $1.93B – 4.7x
PLAB Photronics Inc ▶ $1.62B 9.4x 1.3x
ICHR Ichor Holdings, Ltd. ▲ $1.58B – 1.8x
BRKH Blaize Holdings, Inc. ▼ $1.45B – 33.9x
WOLF Wolfspeed, Inc. ▲ $1.23B – 1.3x
SHLS Shoals Technologies Group, Inc. ▲ $1.21B 37.7x 2.0x
AMBQ Ambiq Micro, Inc. ▲ $1.21B 3.6x 3.0x

Where AVGO sits on the market map

Manufacturing · Semiconductors & Related Devices
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News

Broadcom Inc. (AVGO) stock news

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FAQ

Broadcom Inc. (AVGO) stock forecast FAQ

What is the Broadcom Inc. (AVGO) stock forecast?

On Oct. 16, 2026, AVGO is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5184 stocks scored that day.

How accurate are Broadcom Inc. stock predictions?

For AVGO, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 40.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 20.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Broadcom Inc. forecasts updated?

Broadcom Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Broadcom Inc.'s industry peers?

60 issuers in our coverage, AVGO included, share the SEC industry code Semiconductors & Related Devices. The largest are: Nvidia Corp (NVDA), Advanced Micro Devices Inc (AMD), Intel Corp (INTC), Applied Materials Inc /De (AMAT), Texas Instruments Inc (TXN), Arm Holdings Plc /Uk (ARM).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.