Broadcom (AVGO, $362.95) beats Q2 earnings and revenue estimates
Broadcom reported third-quarter earnings that surpassed analysts’ expectations.
For the quarter ended Aug. 2, the semiconductor and software company’s non-GAAP earnings of $5.40 a share, beat the $5.24 expected by analysts polled by FactSet.
Revenue for the quarter came in at $5.82 billion, compared to analysts’ estimate of $5.76 billion.
Semiconductor revenue was $4.2 billion in the quarter, which is 72% of its overall revenue.
Looking ahead, the company expects fourth quarter revenue to range between $6.25 billion and $6.55 billion, compared to analysts’ forecast of $6.18 billion.
“Looking ahead, our cash-flow outlook remains robust and we plan to pay down an additional $3 billion in debt in the fourth quarter," said Chief Financial Officer Tom Krause.
Tickeron's analysis of shows that, AVGO's in Uptrend: Moving Average Convergence Divergence (MACD) Histogram just turned positive
This is a Bullish indicator signaling AVGO's price could rise. Traders may explore going long on the ticker or buying call options. In 31 of 43 cases where AVGO's MACD histogram became positive, the price rose further within the following month. The odds of a continued Uptrend are 72%.
Current price $362.95 is above $327.36 the highest support line found by A.I. Throughout the month of 08/05/20 - 09/04/20, the price experienced a +10% Uptrend. During the week of 08/28/20 - 09/04/20, the stock enjoyed a +5% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on August 21, 2020. Traders may consider buying the ticker or exploring call options. In 68 of 95 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 72%.
The Aroon Indicator entered an Uptrend today. In 167 of 295 similar cases where AVGO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 57%.
Bearish Trend Analysis
The RSI Indicator appears to be shifting from an Uptrend to a Downtrend. In 25 of 40 cases where AVGO's RSI indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 63%.
The Stochastic Indicator may be shifting from an Uptrend to a Downtrend. In 40 of 66 cases where AVGO's Stochastic indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 61%.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. In 27 of 45 cases where AVGO's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 60%.
Fundamental Analysis (Ratings)
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 56%. During the last month, the daily ratio of advancing to declining volumes was 1.9 to 1.
The Tickeron Valuation Rating of 8 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.10) is normal, around the industry mean (4.91). P/E Ratio (68.13) is within average values for comparable stocks, (84.09). Projected Growth (PEG Ratio) (0.00) is also within normal values, averaging (2.21). AVGO's Dividend Yield (3.57) is considerably higher than the industry average of (0.59). P/S Ratio (5.76) is also within normal values, averaging (4.39).
The Tickeron Price Growth Rating for this company is 8 (best 1 - 100 worst), indicating outstanding price growth. AVGO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 15 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 58, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 21 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 58 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
AVGO's RSI Indicator ascending out of oversold territory
The RSI Oscillator for AVGO moved out of oversold territory on February 05, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 11 similar instances when the indicator left oversold territory. In of the 11 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 48 cases where AVGO's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for AVGO just turned positive on March 06, 2026. Looking at past instances where AVGO's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AVGO advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .
AVGO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on AVGO as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AVGO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for AVGO entered a downward trend on February 13, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (19.608) is normal, around the industry mean (8.963). P/E Ratio (64.421) is within average values for comparable stocks, (153.187). Projected Growth (PEG Ratio) (0.750) is also within normal values, averaging (1.474). Dividend Yield (0.007) settles around the average of (0.020) among similar stocks. P/S Ratio (23.529) is also within normal values, averaging (30.033).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AVGO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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General Information
a manufacturer of digital and analog semiconductor products
Industry Semiconductors
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