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Broadcom Inc AVGO

Broadcom Inc scores excellent on business quality (7.5 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$361.54Oct 10, 2026
Business qualityExcellent
Next earningsDec 9, 2026, after the close
Insiders, 90 daysSelling

Why it matters

  1. What Broadcom Inc does

    Broadcom builds custom AI accelerators and enterprise infrastructure software, selling directly to hyperscalers and large corporations needing high-bandwidth networking. The firm is aggressively expanding its custom silicon pipeline to capture surging hyperscaler demand for specialized artificial intelligence clusters.

  2. What it does best

    Broadcom dominates custom AI networking and ASICs, converting technical complexity into a 48.6% operating margin that outperforms AMD's 15.7% margin. Its deep co-design partnerships with hyperscalers create immense switching costs that prevent rivals from easily displacing its silicon.

  3. The main risk

    Carrying $65.1 billion of total debt creates substantial fixed obligations, leaving the balance sheet vulnerable if macro demand slows or major custom silicon customers delay infrastructure upgrades.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityStrong

Operating margins hit 48.5% and free cash flow margins reach the 96th sector percentile, demonstrating that massive top-line expansion drives exceptional cash conversion as the business scales.

MoatFair

Proprietary ASIC architectures and deep software integration lock in enterprise and hyperscale clients, driving an operating margin ranking in the top decile of its sector at the 95th percentile.

GrowthFast

Revenue jumped to $89.1 billion, fueled by a 23.9% annual growth rate that accelerates past historical periods as custom AI silicon deployment scales rapidly.

Financial healthFair

Net debt sits at $49.0 billion against $39.4 billion of free cash flow, supported by a 13.9x interest coverage ratio that keeps debt servicing manageable as the capital structure stabilizes.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 sold $10.0M outside pre-planned sales.

Our sealed record on AVGO

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is AVGO a good business?

Broadcom Inc scores excellent on the Cluenex quality check (7.5 of 10), measured against its own industry. Profitability is strong, moat fair, growth fast and financial health fair.

Are insiders buying AVGO?

In the last 90 days of SEC Form 4 filings: 1 sold $10.0M outside pre-planned sales.

When does AVGO report earnings?

Dec 9, 2026, after the close.

For members

See AVGO today

  • Today's verdict on AVGO, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “Broadcom Inc (AVGO)”, https://cluenex.com/stocks/avgo/, data as of Oct 10, 2026.