Does Broadcom Inc. (AVGO) have an economic moat?

MoatScan AI rates Broadcom Inc. (AVGO) 76/100 for moat strength, assessed across five sources of competitive advantage: network effects, switching costs, intangible assets, cost advantages and efficient scale. Broadcom Inc.

What is Broadcom Inc.'s moat score?

Broadcom Inc. (AVGO) has a moat score of 76/100. The score is a weighted average of five pillar ratings: network effects, switching costs, intangible assets, cost advantages, and efficient scale. A higher score means the competitive advantages MoatScan AI identifies are wider and more durable.

How does AVGO's share price compare with its estimated fair value?

MoatScan AI estimates AVGO's intrinsic value with a discounted cash flow (DCF) model and shows how that estimate compares with the market price at the time of analysis. The estimate updates with each new financial analysis and is a research estimate, not a recommendation.

What is Broadcom Inc.'s fair value estimate?

MoatScan AI derives Broadcom Inc.'s (AVGO) fair value per share from a discounted cash flow (DCF) model built on the company's reported financials, analyst growth forecasts, and a discount rate reflecting its cost of capital. The Financial Analysis tab shows the estimate alongside every assumption behind it.

Back to Database

AVGO$355.14

Broadcom Inc.

Last Updated

Oct 3, 20269 days ago

Moat & Trend

Management

AI Impact

Competitive Radar

Moat Score

76/100

Executive Summary

Broadcom Inc. possesses a wide economic moat, primarily driven by its formidable intangible assets in semiconductor design and the high switching costs associated with its infrastructure software. The company's specialized chips are deeply integrated into critical systems, while its enterprise software, notably VMware Cloud Foundation, forms the backbone of many corporate IT environments, making transitions to competitors costly and complex. Broadcom's strategic acquisitions of VMware, CA Technologies, and Symantec's enterprise security business have significantly bolstered its portfolio, creating a diversified revenue stream from both hardware and high-margin software. While recent changes to VMware's licensing have caused some customer friction, the inherent stickiness of its offerings ensures a stable competitive advantage. The company's focus on innovation, particularly in custom AI accelerators, further strengthens its long-term market position.

Network Effects

Limited Direct Network Value

Pillar Strength

3/10

Broadcom's core semiconductor business exhibits minimal direct network effects, as the utility of its chips does not inherently increase with a larger user base. While its enterprise software, particularly VMware, fosters an ecosystem of partners and developers, the direct value to an end-customer from *other* customers using the same software is not a primary driver of adoption. The value is more derived from the product's inherent functionality and integration capabilities rather than a reinforcing network of users. Some indirect network benefits exist through broad industry adoption of its standards, but these are not strong enough to create a self-reinforcing cycle of value.

Switching Costs

Deeply Embedded Solutions

Pillar Strength

9/10

Broadcom benefits from exceptionally high switching costs across both its semiconductor and infrastructure software segments. In semiconductors, its custom chips are often deeply embedded in customer designs, requiring significant re-engineering, validation, and capital investment to replace. For its infrastructure software, particularly VMware Cloud Foundation, customers have made substantial investments in training, integration, and operational processes. Migrating from these platforms involves considerable monetary costs, time delays, and operational disruption, creating strong lock-in. Broadcom's shift to subscription models for its software further entrenches customers, making switching a complex and costly endeavor.

Intangible Assets

Extensive IP and Brand

Pillar Strength

9.5/10

Broadcom possesses a vast portfolio of intangible assets, including extensive intellectual property (IP) in semiconductor design and a strong brand reputation in critical infrastructure technology. The company holds over 74,000 patents across 48 jurisdictions, with a significant focus on networking and software. This IP is actively defended, as evidenced by numerous patent infringement lawsuits. Its proprietary technology in high-performance networking silicon and enterprise software, such as VMware, is difficult for competitors to replicate, granting significant pricing power and market leadership. The brand is synonymous with reliable, high-performance solutions for large enterprises and hyperscalers.

Cost Advantages

Scale and Operational Efficiency

Pillar Strength

8/10

Broadcom leverages significant cost advantages derived from its immense scale and disciplined operational model. As one of the largest semiconductor and infrastructure software providers, it benefits from economies of scale in R&D, procurement, and sales. The company's fabless model for many semiconductors, utilizing leading foundries like TSMC, allows for optimized capital expenditure and manufacturing efficiency. In its software segment, Broadcom has demonstrated a strong ability to acquire companies and streamline their operations, achieving high operating margins and free cash flow. This allows it to maintain a lower cost structure relative to smaller, less diversified competitors.

Efficient Scale

Dominant Niche Positions

Pillar Strength

8.5/10

Broadcom operates in several markets characterized by efficient scale, where a limited number of large players dominate due to high capital requirements, technological complexity, and customer trust. In custom AI accelerators and high-performance networking silicon, Broadcom holds a leading position, co-developing specialized chips with hyperscalers. Its enterprise software, particularly VMware, is deeply entrenched in the private and hybrid cloud infrastructure of large enterprises, creating a de facto oligopoly. New entrants face substantial barriers in terms of R&D investment, established customer relationships, and the need for a comprehensive product portfolio to compete effectively.

Moat Type & Trend

Why this company earns its moat rating, and where the moat is heading

Moat Type

Wide Moat

Trend

Stable

Why This Rating

Broadcom's Wide Moat stems from the deeply embedded nature of its semiconductor and infrastructure software solutions, which create substantial switching costs and leverage extensive intangible assets. The company's specialized chips are critical components in customer products, making replacement costly and disruptive. Similarly, its enterprise software, particularly VMware Cloud Foundation, is central to hybrid cloud architectures, ensuring long-term customer lock-in. These advantages are structurally durable, making it highly probable that Broadcom will maintain its competitive edge for over two decades, regardless of short-term market fluctuations. The strategic acquisitions of VMware, CA Technologies, and Symantec's enterprise business have further solidified this position by integrating mission-critical technologies into its portfolio.

Why This Trend

Broadcom's moat trend is stable, as its core advantages remain robust despite some customer pushback on VMware's new licensing model. While some customers are exploring alternatives due to increased costs, the high switching costs associated with deeply integrated software and specialized semiconductors largely mitigate significant erosion. The company's strategic focus on high-value enterprise customers and custom AI silicon continues to reinforce its competitive position. A negative trend would require widespread, successful migrations away from Broadcom's critical software or a significant loss of key semiconductor design wins, which is not currently evident at a scale that threatens the overall moat.

Management Quality Assessment

Evaluating leadership track record, capital allocation, and governance

Verdict

Exceptional

Hock Tan has served as President and CEO since March 2006, demonstrating a long tenure of over 18 years marked by strategic acquisitions and significant growth. Broadcom is led by hired management, though co-founder Henry Samueli remains Chairman, providing a blend of experienced leadership and foundational insight. The company exhibits strong capital allocation discipline, with a high annualized ROIC of 35.06% as of July 2026, significantly exceeding industry peers. Management has actively engaged in share repurchases, authorizing a $10 billion program through 2025, and consistently repays debt. Insider ownership is low but appears stable. CEO compensation, while substantial at $205.3 million in FY2025, is heavily tied to ambitious, long-term AI performance targets, aligning executive incentives with shareholder value creation. The board has a majority of independent directors and a robust governance framework.

Key Highlights

CEO Hock Tan has led Broadcom for over 18 years, overseeing significant growth through strategic acquisitions and committing to stay until at least 2030.
Broadcom's annualized Return on Invested Capital (ROIC) was 35.06% as of July 2026, substantially outperforming the semiconductor industry median of 3.57%.
The company authorized a $10 billion share repurchase program through December 2025 and consistently repays debt, demonstrating disciplined capital allocation.
CEO Hock Tan's 2025 compensation of $205.3 million is largely performance-based, with $202.4 million in equity awards tied to ambitious AI revenue targets through 2030.
Broadcom's board consists of a majority of independent directors, and related-party transactions are subject to Audit Committee approval, indicating sound governance practices.

AI Impact Assessment

Evaluating how AI strengthens or disrupts existing moat pillars

Broadcom is a Net Reinforcer, leveraging AI to strengthen its competitive position, primarily through its semiconductor division. The company's deep expertise in custom AI accelerators (ASICs) and high-performance networking solutions for hyperscalers is expanding its moat by creating strong lock-in with major AI developers and cloud providers. While its software division, particularly VMware, is positioning for private AI, this segment faces more competitive pressure and uncertainty regarding enterprise AI adoption trends. The key near-term uncertainty lies in the sustainability of hyperscaler demand for custom silicon versus merchant GPUs and the pace of enterprise private cloud AI adoption.

AI Opportunity Highlights

8 / 10

Broadcom's custom AI accelerators (ASICs) provide hyperscalers with superior power efficiency and inference throughput for specific workloads, leading to deep, hard-to-replicate engagements with major AI players like Google, Meta, OpenAI, and Anthropic.
The company's dominant position in high-performance Ethernet switching and interconnects is critical for building and scaling large AI clusters, creating an essential and difficult-to-displace component of AI infrastructure.
Broadcom's integrated architecture, combining custom silicon, network switching, and high-bandwidth interconnects, offers a comprehensive solution from chip to rack-level systems that few competitors can replicate.
The VMware Private AI Cloud and Automation by Broadcom solutions aim to capture the emerging trend of enterprises deploying AI in private cloud environments, leveraging existing software relationships and security expertise.

AI Threat Highlights

5 / 10

Broadcom faces intense competition from merchant GPU providers like Nvidia, which still holds a significant majority of the AI chip market share, and other custom silicon designers.
The reliance on a small number of hyperscale customers for custom AI chip revenue exposes Broadcom to concentration risk and the potential for these customers to develop more in-house capabilities over time.
While Broadcom is pushing private cloud AI, industry data shows conflicting trends regarding enterprise preference for public versus private cloud for AI workloads, indicating potential headwinds for its software-driven AI growth.

Sign in to see the full analysis

The Strategic Factor Breakdown, Management Quality Assessment, and AI Impact Assessment are available to registered users — it's free.

Last Updated

Oct 3, 20269 days ago

Target Price

Analyst Consensus

FAIR VALUE

Financial Strength

Financial Score

81/100

Executive Summary

Broadcom Inc. exhibits robust financial health, primarily driven by exceptional cash generation and accelerating revenue growth. Operating cash flow consistently grows, reaching $40.65B TTM, translating into strong free cash flow of $39.40B TTM. This underpins a powerful income statement, with revenue projected to surge by 65.87% in FY 2026 and gross margins consistently above 73%. While the balance sheet shows increased liabilities, particularly long-term debt, it is offset by significant growth in current assets and shareholders' equity, reaching $99.69B. Leverage has improved, with Debt/Equity declining to 0.6, and profitability remains strong, evidenced by a 44.25% ROE. Analyst sentiment is overwhelmingly positive, with a "Strong Buy" consensus, reinforcing the optimistic growth and forecast outlook. Overall, Broadcom presents a financially sound profile with strong operational efficiency and promising future prospects.

Income Statement

Revenue · Margins · Profitability

Section Score

8.5/10

Broadcom Inc. demonstrates strong growth trends, with revenue accelerating from 7.88% in FY 2023 to 43.98% in FY 2024 and 23.87% in FY 2025, reaching $63.89B. TTM revenue of $89.10B and 48.69% growth indicate continued momentum. Quality and consistency are high, with gross margins consistently above 73% and operating margins expanding from 31.64% in FY 2021 to 41.27% in FY 2025, showing efficient translation of top-line growth to profitability. Earnings durability is generally strong, though FY 2024 saw a dip in net income to $5.90B due to significant merger and restructuring charges and increased income tax expense. Assuming Broadcom operates in the semiconductor and software industry, its margins are excellent compared to industry benchmarks. Risks include the volatility of non-operating items and the substantial increase in operating expenses in FY 2024, though these appear to be integration-related and are normalizing.

Financials are in millions USD unless otherwise specified

Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	TTM
Period Ending	Oct 31, 2021	Oct 30, 2022	Oct 29, 2023	Nov 3, 2024	Nov 2, 2025	Aug 2, 2026
Revenue	27,450	33,203	35,819	51,574	63,887	89,104
Revenue Growth	14.91%	20.96%	7.88%	43.98%	23.87%	48.69%
Net Income	6,736	11,495	14,082	5,895	23,126	38,265
Net Income Growth	141.72%	74.35%	25.47%	-58.14%	292.30%	102.12%
Profit Margin	23.45%	33.80%	39.31%	11.43%	36.20%	42.94%
Revenue as Reported	27,450	33,203	35,819	51,574	63,887	89,104

Data as of Aug 2, 2026

Balance Sheet

Assets · Liabilities · Equity

Section Score

7.5/10

Broadcom's balance sheet shows a mixed but generally healthy picture. Current assets have grown significantly, reaching $52.17B currently, driven by substantial increases in cash and receivables. Working capital also improved to $31.34B, indicating strong short-term liquidity. However, total liabilities have also increased, reaching $88.46B, largely due to higher long-term debt and unearned revenue, which could be a concern if not managed effectively. Shareholders' equity has shown robust growth, climbing to $99.69B, reflecting a solid capital base. The company's net debt position remains substantial at -$35.44B, but the recent surge in cash provides some offset. Overall, while leverage is notable, the company maintains adequate liquidity and a growing equity foundation.

Financials are in millions USD unless otherwise specified

Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Current
Period Ending	Oct 31, 2021	Oct 30, 2022	Oct 29, 2023	Nov 3, 2024	Nov 2, 2025	Aug 2, 2026
Total Current Assets	16,586	18,504	20,847	19,595	31,573	52,173
Total Assets	75,570	73,249	72,861	165,645	171,092	188,148
Total Current Liabilities	6,281	7,052	7,405	16,697	18,514	20,838
Total Liabilities	50,581	50,540	48,873	97,967	89,800	88,458

Data as of Aug 2, 2026

Cash Flow Statement

Operations · Investing · Financing

Section Score

8.5/10

Broadcom Inc. demonstrates robust cash generation, with operating cash flow (CFO) consistently growing from $13.76B in FY 2021 to $27.54B in FY 2025, and a strong TTM CFO of $40.65B, indicating excellent operational efficiency. Free cash flow (FCF) also shows a healthy upward trend, reaching $26.91B in FY 2025 and $39.40B TTM, with FCF margins generally strong, although dipping slightly in FY 2024 due to significant cash acquisitions. Capital expenditures are well-managed and relatively stable, supporting ongoing operations without excessive drain on cash. The company actively returns capital to shareholders through dividends, which have steadily increased, and substantial share repurchases. While there was a large cash acquisition in FY 2024, the overall cash flow profile remains strong and sustainable.

Financials are in millions USD unless otherwise specified

Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	TTM
Period Ending	Oct 31, 2021	Oct 30, 2022	Oct 29, 2023	Nov 3, 2024	Nov 2, 2025	Aug 2, 2026
Operating Cash Flow	13,764	16,736	18,085	19,962	27,537	40,653
Operating Cash Flow Growth	14.12%	21.59%	8.06%	10.38%	37.95%	59.81%
Free Cash Flow	13,321	16,312	17,633	19,414	26,914	39,403
Free Cash Flow Growth	14.86%	22.45%	8.10%	10.10%	38.63%	58.05%
Free Cash Flow Margin	48.53%	49.13%	49.23%	37.64%	42.13%	44.22%

Data as of Aug 2, 2026

Key Ratios

Liquidity · Leverage · Efficiency · Returns

Section Score

7.5/10

Broadcom Inc. demonstrates good liquidity, with its Current Ratio consistently above 2.0 for most periods, reaching 2.5 currently, indicating a strong ability to cover short-term liabilities. The Quick Ratio also remains healthy at 2.15. Leverage has improved significantly, with the Debt/Equity Ratio declining from 1.61 to 0.6 and Net Debt/EBITDA falling from 1.91 to 0.68, suggesting a more conservative capital structure. Efficiency metrics show mixed trends; Asset Turnover has fluctuated but is currently at 0.5, while Inventory Turnover has generally improved to 6.51. Profitability and returns are robust, with ROE at 44.25% and ROIC at 30.68% currently, reflecting strong capital utilization despite some volatility in earlier periods. Overall, the company exhibits solid financial health with improving leverage and strong returns.

Ratios are dimensionless unless otherwise noted

Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Current
Period Ending	Oct 31, 2021	Oct 30, 2022	Oct 29, 2023	Nov 3, 2024	Nov 2, 2025	Oct 2, 2026
Debt / Equity Ratio	1.61	1.76	1.65	1.02	0.82	0.6
Quick Ratio	2.27	2.18	2.41	0.94	1.53	2.15
Current Ratio	2.64	2.62	2.82	1.17	1.71	2.5
ROEReturn on Equity (ROE)	27.56%	48.20%	60.31%	13.46%	31.05%	44.25%
ROAReturn on Assets (ROA)	7.17%	12.00%	14.29%	8.28%	9.79%	15.37%
ROICReturn on Invested Capital (ROIC)	15.57%	25.55%	31.25%	11.12%	20.38%	30.68%
ROCEReturn on Capital Employed (ROCE)	12.50%	21.60%	25.50%	10.60%	17.30%	26.00%

Data as of Oct 2, 2026

Growth

Revenue · EPS · Valuation · Estimates

Section Score

8.5/10

Broadcom Inc. demonstrates a robust forward outlook, with analyst estimates projecting significant acceleration in revenue growth compared to historical trends. After a dip in FY 2023 to 7.88% and a strong rebound in FY 2024 to 43.99%, revenue growth is estimated to reach 65.87% in FY 2026 and 64.04% in FY 2027, indicating a strong compounding trajectory. EPS growth shows a similar pattern, with a notable surge of 287.8% in FY 2025, followed by strong growth of 70.91% in FY 2026 and 66.21% in FY 2027, suggesting healthy margin expansion. Analyst sentiment is highly positive, with a "Strong Buy" consensus rating from 50 analysts. The recommendation trend has remained stable, with a high proportion of "Strong Buy" ratings, reinforcing strong conviction. The average price target of $531.85, with a high of $715, further underscores this optimism.

Third-party Analyst Price Targets

Low$215.88-39.21%

Median$535+50.64%

Average$531.85+49.76%

High$715+101.33%

Strong BuyConsensus rating and price targets published by third-party analysts. Not a MoatScan AI view.

50 analysts

Third-party Analyst Recommendation Trends

Rating	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	37	37	37	37	37	40
Buy	7	7	7	7	8	7
Hold	3	4	4	4	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	47	48	48	48	49	50

Forecast · Analyst Estimates

Revenue This Year105.97B

+65.87%from 63.89B

FY 2026

Revenue Next Year173.83B

+64.04%from 105.97B

FY 2027

EPS This Year· non-GAAP adj.11.66

+70.91%from 6.82

FY 2026

EPS Next Year· non-GAAP adj.19.38

+66.21%from 11.66

FY 2027

Historical · Reported Actuals

Metric	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenue	27.45B	33.20B	35.82B	51.57B	63.89B
Revenue Growth	+14.91%	+20.96%	+7.88%	+43.99%	+23.87%
EPS (GAAP diluted)	1.50	2.65	3.30	1.23	4.77
EPS Growth	+136.97%	+76.67%	+24.53%	-62.73%	+287.80%

Revenue in USD · EPS per share · Price targets in USD

Data as of Nov 2, 2025 · Forecast EPS is analyst non-GAAP adjusted; historical EPS is GAAP diluted — not directly comparable.

Fair Value Estimation

DCF · Model estimate vs. price -58.8% · Price above model estimate

AI Fair Value Estimate (DCF)

$146.39vs$355.14

Model estimate vs. price-58.8%

Price above model estimate

A discounted cash flow framework is appropriate for Broadcom due to its consistent cash generation and projectable operating performance, driven by a robust EBITDA margin trajectory and disciplined capital expenditure. The implied cash flow path suggests sustained growth in free cash flow, reflecting the company's ability to convert revenue into profits efficiently over the projection period.

AI Valuation Commentary

A 10-year discounted cash flow model provides a suitable framework for valuing Broadcom, given its established market position and predictable cash flows. Key assumptions include a 10.7% weighted average cost of capital and a 4% terminal growth rate, alongside a 10-year revenue CAGR of 10.94% and an average EBITDA margin of 47.3%. The model's fair value estimate of $146.39 per share is about 58.78% below the current share price of $355.14. This suggests the stock is trading at a premium relative to the model's output. Sensitivity analysis indicates that a lower discount rate or higher terminal growth rate would increase the fair value estimate, while sustained higher-than-projected revenue growth or margin expansion could also lead to a higher valuation. Conversely, a higher discount rate, slower growth, or margin compression would reduce the estimated fair value.

DCF Assumptions

WACC

10.7%

Weighted avg cost of capital

Revenue Growth (10Y)

10.9%

CAGR assumption

EBITDA Margin

47.3%

Steady-state projection

CapEx / Revenue

1.2%

Capital investment

Terminal Growth

4.0%

Long-run growth rate

Projection Period

10 yrs

Explicit forecast horizon

Projected Cash Flows

Values in millions USD

Year	Revenue	EBITDA	FCF	Discounted FCF
Yr 1	74,482	31,646	29,779	26,901
Yr 2	83,141	36,645	31,208	25,467
Yr 3	92,137	42,006	36,041	26,568
Yr 4	102,493	48,187	43,525	28,983
Yr 5	115,969	56,070	48,792	29,350
Yr 6	129,224	62,804	55,238	30,016
Yr 7	145,807	71,210	62,826	30,839
Yr 8	161,705	79,383	69,996	31,038
Yr 9	173,935	85,860	76,663	30,708
Yr 10	189,652	94,091	83,722	30,294
Terminal Value (PV)				470,243

Key Valuation Ratios

Current vs 5-year average

PE Ratio

45.33x

5Y avg 56.99x

-20.5% vs avg

Forward PE

20.49x

5Y avg 24.10x

-15.0% vs avg

P/FCF Ratio

43.02x

5Y avg 30.66x

+40.3% vs avg

PS Ratio

19.03x

5Y avg 13.20x

+44.1% vs avg

A multiple below its own multi-year average can indicate the stock is cheaper than its recent history — context, not a standalone signal.

Sign in to see the full analysis

The Income Statement, Balance Sheet, Cash Flow, Key Ratios, Forecast, and Fair Value analysis are available to registered users — it's free.

Last Updated

Aug 14, 2026

Short Term

Medium Term

Long Term

Technical Overview

$400.34Price at Analysis

AVGO’s technical profile is constructive across the board, with the strongest confirmation coming from price holding above the 20-day, 50-day, and 200-day moving averages while MACD remains positive. Short-term momentum is supportive but not euphoric, as RSI is in the upper-neutral range and volume is contracting, suggesting the move lacks strong participation for now. Medium- and long-term trends remain biased upward, though the stock is still well below its 52-week high and is spending time in the middle of its annual range rather than near breakout territory. The most important levels to watch are the daily pivot zone around $403.53 and the weekly resistance at $432.55, while $391.3 and the monthly support band near $364.89 to $352.84 define the key floors if sentiment weakens.

Short Term

1 to 4 weeks

Uptrend

AVGO’s short-term setup is constructive: price is holding marginally above the 20-day moving average, MACD is positive above its signal line, and RSI at 58.5 sits in a bullish but non-overbought zone. The main caveat is weak participation, with relative volume contracting at 0.29x average and price sitting near the middle of the Bollinger Band rather than pressing the upper band.

Key Indicators

Price vs 20-day MA+0.12% above

Price vs 50-day MA+2.49% above

RSI (14-day)58.5

RSI InterpretationNeutral

MACD TrendPositive (above signal)

Bollinger PositionMiddle

Volume TrendContracting

Support

$397.90$394.56$388.78

Resistance

$409.16$412.65$418.28

The nearest short-term level is the daily pivot at $403.53, with support clustered just below at $397.9 and $394.56 and resistance overhead at $409.16 and $412.65. In the 1–4 week window, a retest of the $403.53 pivot is highly likely, while a push into $409.16 looks plausible if momentum holds.

Medium Term

1 to 6 months

Uptrend

The intermediate trend remains favorable because the stock is above both the 50-day and 200-day moving averages and is still in golden-cross territory despite the prior death cross 95 days ago. Price is also in the middle third of its 52-week range with an uptrend designation, which supports a positive medium-term bias even if momentum is not accelerating.

Key Indicators

Price vs 50-day MA+2.49% above

Price vs 200-day MA+8.42% above

52-Week Range PositionMiddle third (56%)

Trend DirectionUptrend

MA Cross SignalGolden Cross territory

Relative Volume0.29x avg

Support

$391.30$376.32$354.84

Resistance

$432.55$445.82$467.30

Weekly pivots place the key medium-term floor at $391.3, which sits close to the 50-day moving average area and reinforces the first meaningful support zone, while resistance begins at $432.55. Over 1–6 months, a test of $391.3 is likely on routine pullbacks, and $432.55 is the most relevant upside barrier to monitor.

Long Term

6 months and beyond

Uptrend

Longer term, AVGO retains an upward structural profile by trading above the 200-day moving average and remaining in golden-cross territory. While it is still 19.1% below the 52-week high and not near the top of its range, the trend direction is up and the broader volatility structure does not indicate deterioration.

Key Indicators

Price vs 200-day MA+8.42% above

52-Week High$495.00

52-Week Low$281.87

Distance from 52w High-19.1%

BB Bandwidth17.5%

MA CrossoverRecent Death Cross (95 days ago)

Support

$364.89$361.30$352.84

Resistance

$403.93$412.39$415.98

The monthly structure defines broader boundaries with support at $364.89, $361.3, and $352.84, while resistance stands at $403.93, $412.39, and $415.98. Over 6+ months, the stock is more likely to oscillate around the monthly pivot area than to immediately challenge the 52-week high, but the $364–$353 band remains the key structural downside zone.

Sign in to see the full analysis

See the full short, medium & long-term indicator breakdowns and support/resistance levels — free for registered users.

Frequently asked questions about Broadcom Inc.

Does Broadcom Inc. (AVGO) have an economic moat?: MoatScan AI rates Broadcom Inc. (AVGO) 76/100 for moat strength, assessed across five sources of competitive advantage: network effects, switching costs, intangible assets, cost advantages and efficient scale. Broadcom Inc.Sign in free to see the Moat Type verdict and the pillar-by-pillar reasoning.
What is Broadcom Inc.'s moat score?: Broadcom Inc. (AVGO) has a moat score of 76/100. The score is a weighted average of five pillar ratings: network effects, switching costs, intangible assets, cost advantages, and efficient scale. A higher score means the competitive advantages MoatScan AI identifies are wider and more durable.Sign in free to see each pillar rating, the Moat Type verdict and the moat trend.
How does AVGO's share price compare with its estimated fair value?: MoatScan AI estimates AVGO's intrinsic value with a discounted cash flow (DCF) model and shows how that estimate compares with the market price at the time of analysis. The estimate updates with each new financial analysis and is a research estimate, not a recommendation.Sign in free to see the fair value estimate and how it compares with the price.
What is Broadcom Inc.'s fair value estimate?: MoatScan AI derives Broadcom Inc.'s (AVGO) fair value per share from a discounted cash flow (DCF) model built on the company's reported financials, analyst growth forecasts, and a discount rate reflecting its cost of capital. The Financial Analysis tab shows the estimate alongside every assumption behind it.Sign in free to see the estimate and the full assumptions behind it.

View all

View all wide moat stocks

Disclaimer: The analysis on this page is generated by AI and is provided for informational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any security. Always conduct your own due diligence and consult a qualified financial adviser before making any investment decisions. MoatScan AI is an educational research tool. It is not licensed or registered with the Securities Commission Malaysia or any other financial regulator, and it holds no positions in, and receives no compensation from, any company analysed.

AVGO$355.14

Sign in to see the full analysis

Sign in to see the full analysis

Sign in to see the full analysis

Frequently asked questions about Broadcom Inc.

Other Wide Moat companies