AVGO
Broadcom Inc.Evidence as of 2026-09-15The desk's Snapshot
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Overview · Broadcom Inc.
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical network…
Management team
- Mr. Ed Redmond · Senior VP & GM of Compute & Connectivity DivisionFind on LinkedIn
- Mr. Rich Nelson · Senior VP & GM of Broadband Video GroupFind on LinkedIn
- Mr. Frank Ostojic · Senior VP & GM of ASIC Products DivisionFind on LinkedIn
- Ms. Jill Turner · Vice President of Human ResourcesFind on LinkedIn
Start free to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it, not a rating or a recommendation.
−0.6 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled. The rest of the page is the evidence behind it.
The evidence balance is Cautious ( -0.6 of a possible +2; was -0.6 before debate) · confidence high. Revenue rose sequentially across the reported periods: about $ 15,004,000,000 in the quarter corresponding to Q2 2025 (fiscal quarter ended 2025-05-30), $ 15,952,000,000 in Q3 2025 (fiscal quarter ended 2025-08-29), $ 19,311,000,000 in Q1 2026 (fiscal quarter ended 2026-02-27), and $ 22,187,000,000 in Q2 2026 (fiscal quarter ended 2026-05-29). Gross profit and operating income expanded on the same sequence (gross profit rising to $ 15,415,000,000 in Q2 2026; operating income rising to $ 10,788,000,000 in Q2 2026), and diluted EPS increased from $ 1.03 in Q2 2025 to $ 1.91 in Q2 2026.
Balance-sheet and market evidence is mixed: cash was $ 19,628,000,000 as of 2026-05-03 against long-term debt around the mid-$ 60,000,000,000s (for example $ 64,907,000,000 as of 2026-05-03), implying net debt of about $ 45,279,000,000 and an enterprise value near $ 1,685,312,045,855. Valuation metrics are elevated (P/FCF ≈ 74.21; trailing P/E ≈ 65.16), market measures show high volatility (90-day annualized volatility ≈ 49.9%) and beta vs SPY = 2.15, while institutional reported holdings declined in aggregate by -12.2% quarter-over-quarter and several high-profile insider sales were filed (including a stated 10b5-1 plan sale by a director totaling about $ 213.2M).
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else (no outside knowledge, no browsing), so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC (revenue, margins, income, debt and share count, quarter by quarter) and reports which way the trend is running.
Revenue increased across the recent quarters: $15,004,000,000 in the three months ended 4 May 2025; $15,952,000,000 in the three months ended 3 August 2025; $19,311,000,000 in fiscal Q1 2026, ended 1 February 2026; and $22,187,000,000 in fiscal Q2 2026, ended 3 May 2026.
XBRL companyfacts · 0001730168-26-000054Gross margin expanded modestly over the same sequence: gross profit was $10,197,000,000 on revenue $15,004,000,000 (three months ended 4 May 2025), $10,703,000,000 on revenue $15,952,000,000 (three months ended 3 August 2025), $13,174,000,000 on revenue $19,311,000,000 (fiscal Q1 2026, ended 1 February 2026), and $15,415,000,000 on revenue $22,187,000,000 (fiscal Q2 2026, ended 3 May 2026).
XBRL companyfacts · 0001730168-26-000054Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full: its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet; its risk analysis fills in once that lands.
The current report on Form 8-K filed 2 September 2026 added or materially reworded multiple risk disclosures highlighting concentration in contract manufacturers and suppliers, the unpredictability and cost of pursuing semiconductor design wins, and reliance on customer demand for AI-related products.
8-K filed 2026-09-02In the 10-K filed 18 December 2025 management disclosed that during fiscal year 2025 approximately 95% of the wafers manufactured by our contract manufacturers were produced by TSMC.
10-K filed 2025-12-18Reads the signal panel above (momentum, volatility, drawdown, relative strength and beta) and ranks each against the whole research universe rather than judging it in isolation.
Beta vs SPY is 2.15 and correlation vs SPY is 0.59 on 2026-09-14.
Moneyta signal set · 2026-09-14Three-month momentum is -9.8% while six-month momentum is +7.2% (six-month momentum ranks at the 45th percentile of 559) on 2026-09-14.
Moneyta signal set · 2026-09-14Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
BlackRock, Inc. was reported as a top institutional holder with $119.48B in 13F-reported holdings as of the period ended 2026-03-31.
13F holdings · 4633 filers · as of 2026-03-31Total 13F-reported institutional holdings were $1098.80B as of the period ended 2026-03-31, representing a quarter-over-quarter reported value decline of -12.2% and a holder count decline of 60.
13F holdings · 4633 filers · as of 2026-03-31Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Broadcom's CEO publicly dismissed concerns about AI development amid market volatility, addressing slowdown worries in comments reported on 15 September 2026.
News · gurufocus.com · 2026-09-15Coverage highlights Broadcom's rising prominence in AI infrastructure, with at least one outlet framing the company as 'suddenly in AI focus' on 14 September 2026.
News · kalkinemedia.com · 2026-09-14Reads parsed Forms 3/4/5: who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Director Henry Samueli executed multiple reported sales on 24 June 2026 under a stated 10b5-1 plan; the aggregated proceeds reported on that single filing sum to about "$213.2M" across the listed transactions.
Form 4 · SAMUELI HENRY (Director) · $8.8M sold · 2026-06-24The Samueli 24 June 2026 filing explicitly identifies the trades as being part of a "10b5-1 plan (stated on the filing)."
Form 4 · SAMUELI HENRY (Director) · $8.8M sold · 2026-06-24Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The model-derived implied free cash flow (FCF) growth rate that today's price would justify, under the stated discount and terminal assumptions, is 44.58% per year.
Valuation inputs · SEC XBRL + stored EOD closePrice-to-free-cash-flow (P/FCF) based on trailing twelve months FCF is 74.21.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score. The argument is shown, not hidden, so you can judge the reasoning yourself.
The evidence shows sequentially rising revenue, expanding gross profit and increasing operating income and operating margin across the most recent quarters, accompanied by rising diluted EPS — signals that recent operating performance has strengthened materially (fundamentals-0 through fundamentals-3). Institutional and ETF ownership footprints (ownership-0, ownership-2) and recent media framing around the company’s AI relevance (news-1, news-2) provide market context consistent with heightened investor interest. Several bearish points hinge on valuation multiples and model-implied growth that treat current price as if forward cash flows are already priced conservatively (valuation-0, valuation-1, valuation-2); given the company’s large trailing FCF and recent cash position (valuation-3, fundamentals-5) the high multiples reflect market expectations rather than contradictions of the reported operating progression. Insider sales cited in filings (insider-0, insider-1, insider-2) are partially explained by a pre-established 10b5-1 plan and one-off disclosures, making them a weaker signal relative to the consistent operating results and broad institutional positioning. Financial advisors often suggest comparing company-specific fundamental momentum to headline risks disclosed in filings (filings-0 through filings-4); the reported risk language documents concentration and macro/regulatory exposure but does not, by itself, negate the observed quarter-to-quarter improvements in revenue, margins and EPS.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.35
36 surviving claims rest on 15 distinct sources; the heaviest analyst carries 19% of them, and 99% of what the desk raised survived the debate.
The surviving read rests on a moderate number of distinct sources but a small set of those sources (and a single heavy analyst) carry outsized influence; nearly all desk findings survived internal debate, which raises confidence in internal consistency but also indicates low internal challenge. Fragility-wise, reliance on a few filings and on computed market signals means the narrative can be meaningfully altered by a small number of new filings or rapid market moves, so treat these claims as informational summaries rather than definitive or robust conclusions.
Peer context · computed, not argued
12-1 momentum ranks 14th of 19 in Semiconductors (as of 2026-09-14).
90-day volatility ranks 14th of 19 in Semiconductors (as of 2026-09-14).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment. When the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here (no outside knowledge, no browsing), and each card shows who read it and what it contributed to the score.
11 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data, not retyped or estimated.
Read by Mercer+0.7 to the score
5 documents· 4 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes−1.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash−0.5 to the score
2 holdings records· 1 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.3 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
2 filings· 1 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state, with stated and inferred flags kept apart.
Read by Talbot−1.0 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only; it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal; the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
The full terminal on AVGO Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
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