Is Broadcom (AVGO, $284.89) acquiring Symantec (SYMC, $25.10)?
Several media reports suggest that cybersecurity firm Symantec Corp. could be bought by semiconductor company Broadcom.
Citing sources familiar with the matter, a Bloomberg report indicates that the two companies are in advanced talks. Broadcom apparently seeks to diversify into software services to boost profits.
Last year, Broadcom had acquired another software company, CA Technologies for $18 billion.
Acquiring Symantec could potentially be a further substantial expansion of Broadcom’s footprint in the software industry. According to its annual report, Symantec provides cybersecurity products and services to more than 350,000 organizations and 50 million people. It is the world’s largest producer of cybersecurity software.
However, Symantec had its share of challenges in the past year, including the abrupt departure of its chief executive officer and a financial investigation that led to restated earnings.
On Wednesday, Symantec shares soared more than +13%, while Broadcom’s fell more than -3%.
AVGO in downward trend: price may decline as a result of having broken its higher Bollinger Band on July 17, 2025
AVGO broke above its upper Bollinger Band on July 17, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 61 similar instances where the stock broke above the upper band. In of the 61 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for AVGO moved out of overbought territory on July 18, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 66 similar instances where the indicator moved out of overbought territory. In of the 66 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for AVGO turned negative on July 08, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 23, 2025. You may want to consider a long position or call options on AVGO as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 351 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 375 cases where AVGO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (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 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (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 (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.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued 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 (19.157) is normal, around the industry mean (9.602). P/E Ratio (103.409) is within average values for comparable stocks, (64.043). Projected Growth (PEG Ratio) (1.329) is also within normal values, averaging (2.342). Dividend Yield (0.008) settles around the average of (0.020) among similar stocks. P/S Ratio (23.981) is also within normal values, averaging (36.976).
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a manufacturer of digital and analog semiconductor products
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