AVGO
BroadcomNASDAQInformation TechnologySemiconductorsSnapshot 2026-05-08
As of May 8, 2026, AVGO has a composite score of 11.0 and a signal label of "mild favorable." This score is influenced by various factors, including a macro score of 32.3 and a management score of 60.0, indicating medium confidence. The analysis is provisional, reflecting potential changes in guidance and sector trends that could impact the overall assessment.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)0.14
- Bonus0.00
Why this rank
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $3.22 → $3.24 (+0.6% / 30d). 2 raised, 1 cut, 35 covering analysts.
0 upgrades, 0 downgrades / 30d, 7 maintained. 93% of analysts rate Buy.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
23 material events in the last 24 months — top 5 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Develop custom TPUs for Googleproductmixed65% progress
4/6: “Broadcom and Google have entered into a Long Term Agreement for Broadcom to develop and supply custom TPUs.”
Why this status
Newly stated in 2026-Q1. Broadcom announced a strategic partnership with Google to develop custom TPUs, indicating a strategic focus on expanding its product offerings in AI technology. This partnership is expected to enhance Broadcom's position in the AI semiconductor market, although financial impacts are yet to be realized.
- 2.Supply components for AI rackssupply chainmixed65% progress
4/6: “Broadcom to supply networking and other components to be used in Google's next-generation AI racks through up to 2031.”
Why this status
Newly stated in 2026-Q1. Broadcom has secured a long-term agreement to supply components for Google's AI racks, which aligns with its strategic focus on AI and data center markets. The agreement extends through 2031, providing a stable supply chain opportunity, though specific financial impacts are not yet detailed.
- 3.Maintain dividend paymentscapital allocationmixed44% progress
3/4: “The Board of Directors has declared a quarterly cash dividend on the Company’s common stock of $0.65 per share.”
Why this status
Stated in 3 of last 3 quarters. Broadcom has consistently declared a quarterly dividend, with the most recent being $0.65 per share in 2026-Q1, up from $0.59 in 2025-Q3. This reflects a commitment to capital allocation through shareholder returns, with a steady increase in dividend payments.
Guidance track record
Insufficient guidance history for this ticker.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 42%; 252d 42%.
Drawdown — Max 1y −29%. Bad day move −4%.
Beta to sector ETF (XLK) — 0.09 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 29/100, drawdown 43/100, beta 9/100, earnings vol —.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Develop custom TPUs for Google
ProductNew since 2026-05-04Broadcom is committed to developing and supplying custom Tensor Processing Units for Google's future generations of TPUs.
Watch →MixedNewly stated in 2026-Q1. Broadcom announced a strategic partnership with Google to develop custom TPUs, indicating a strategic focus on expanding its product offerings in AI technology. This partnership is expected to enhance Broadcom's position in the AI semiconductor market, although financial impacts are yet to be realized.
65%CEO/CFO:“Broadcom and Google have entered into a Long Term Agreement for Broadcom to develop and supply custom TPUs.”Multiple sourcesSource dated 2026-04-06Stated 1 of last 8 quartersFirst seen 2026-05-04Show history (1)
- 2026-Q1Multiple sources
“Broadcom and Google have entered into a Long Term Agreement for Broadcom to develop and supply custom TPUs.”
- #2
Supply components for AI racks
Supply chainNew since 2026-05-04Broadcom will supply networking and other components for Google's next-generation AI racks through 2031.
Watch →MixedNewly stated in 2026-Q1. Broadcom has secured a long-term agreement to supply components for Google's AI racks, which aligns with its strategic focus on AI and data center markets. The agreement extends through 2031, providing a stable supply chain opportunity, though specific financial impacts are not yet detailed.
65%CEO/CFO:“Broadcom to supply networking and other components to be used in Google's next-generation AI racks through up to 2031.”Multiple sourcesSource dated 2026-04-06Stated 1 of last 8 quartersFirst seen 2026-05-04Show history (1)
- 2026-Q1Multiple sources
“Broadcom to supply networking and other components to be used in Google's next-generation AI racks through up to 2031.”
- #3
Maintain dividend payments
Capital allocationNew since 2026-05-04Broadcom continues to prioritize returning cash to shareholders through consistent dividend payments.
MixedStated in 3 of last 3 quarters. Broadcom has consistently declared a quarterly dividend, with the most recent being $0.65 per share in 2026-Q1, up from $0.59 in 2025-Q3. This reflects a commitment to capital allocation through shareholder returns, with a steady increase in dividend payments.
Quarterly dividend of $0.65 per share declared in 2026-Q144%CEO/CFO:“The Board of Directors has declared a quarterly cash dividend on the Company’s common stock of $0.65 per share.”Multiple sourcesSource dated 2026-03-04Stated 3 of last 8 quartersFirst seen 2026-05-04Show history (3)
- 2026-Q1Press release
“Quarterly common stock dividend of $0.65 per share.”
- 2025-Q4Press release
“Quarterly common stock dividend increased by 10 percent from the prior quarter to $0.65 per share.”
- 2025-Q3Press release
“Quarterly common stock dividend of $0.59 per share.”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Looks more expensive than peers.
Self-history needs ~20 months of data.
P/E over the last 5 years
2 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
AVGO Broadcom | +11 | expensive | elevated |
NVDA NVIDIA Corporation | +20 | full | moderate |
AAPL Apple Inc | +19 | full | moderate |
MSFT Microsoft | +27 | fair | elevated |
MU Micron Technology | +23 | full | elevated |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If information_technology sector trend rises from +0.08 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is raised (currently NEW as of 2026-03-04)+4.0 pts
- If next-quarter guidance is cut (currently NEW as of 2026-03-04)-8.0 pts
- If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
- If information_technology sector trend falls from +0.08 into 'weakening' (<= -0.20)-5.0 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-04-021mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Financial Officer Transition On March 30, 2026, Kirsten M. Spears notified Broadcom Inc. (the “Company”) of her retirement and resigned from her position as Chief Financial Officer and Chief Accounting Officer of the Company, effective as of June 12, 2026. On March 30, 2026, the Board of Directors of the Company (the “Board”) appointed Amie T…
executive changeneutralscore 35 - 2026-04-061mo agoItem 8.01
Other Events. Broadcom Inc. (“Broadcom”) and Google LLC (“Google”) have entered into a Long Term Agreement for Broadcom to develop and supply custom Tensor Processing Units (“TPUs”) for Google’s future generations of TPUs and a Supply Assurance Agreement for Broadcom to supply networking and other components to be used in Google’s next-generation AI racks through up to 2031. Separately, Broadcom, Google and Anthropic PBC (“Anthropic”) have expanded their current strategic collaboration under…
mna activitypositivescore 25 - 2026-03-042mo agoItem 2.02
Results of Operations and Financial Condition. On March 4, 2026, Broadcom Inc. (the “Company”) issued a press release announcing its unaudited financial results for the first quarter ended February 1, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in
earnings preannouncementneutralscore 15 - 2026-03-022mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Eddy W. Hartenstein will retire from the Board of Directors (the “Board”) of Broadcom Inc. (“Broadcom”) upon the conclusion of his term at Broadcom’s 2026 annual meeting of stockholders (the “Annual Meeting”). The Board appreciates and thanks Mr. Hartenstein for his invaluable contribution to Broadcom through his service as a member of the Board. M…
executive changeneutralscore 12 - 2026-03-042mo agoItem 8.01
Other Events. On March 4, 2026 , the Company announced that the Board of Directors has declared a quarterly cash dividend on the Company’s common stock of $0.65 per share. This dividend is payable on March 31, 2026 to common stockholders of record at the close of business (5:00 p.m., Eastern Time) on March 23, 2026.
capital allocationneutralscore 12
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.