Broadcom Inc. (AVGO) trades at roughly $333 per share as of February 2026. The stock hit an all-time high of $414.61 in December 2025. Its 52-week range spans $138 to $415, and the current market cap sits near $1.58 trillion.
Stock Price of Broadcom
Broadcom Stock Forecast
Wall Street consensus on AVGO is "Strong Buy." Of 48 analysts covering the stock, 46 rate it Buy and 2 rate it Hold. The median 12-month price target is $475, with a high of $535 and a low of $289. That median target implies roughly 38% upside from current levels. Key drivers behind bullish estimates include Broadcom's AI chip revenue, which management expects to exceed $60 billion in fiscal 2026, and a reported $73 billion AI order backlog. Risks include margin compression from lower-margin custom silicon and elevated valuation multiples relative to NVIDIA and Intel.
Broadcom Valuation
Timeline of Broadcom Funding
1991
Co-founders Henry Samueli and Henry Nicholas self-funded Broadcom Corporation from personal savings during its first years.
1994
Intel provided ~$5 million in corporate financing, interested in Broadcom's Fast Ethernet chip technology.
1998
IPO on NASDAQ at $24 per share, raising approximately $144 million. Stock doubled within six months.
2005
KKR and Silver Lake Partners acquired Agilent's semiconductor group for $2.66 billion, creating Avago Technologies (Broadcom's future parent).
2009
Avago Technologies IPO on NASDAQ, raising approximately $648 million.
2016
Avago acquired Broadcom Corp. for $37 billion ($17B cash, $20B stock), forming the current Broadcom Inc.
2021
Broadcom issued $15 billion in senior notes to fund debt repayment and general corporate purposes.
2023
Closed $69 billion
VMware acquisition, financed through $32 billion in new debt and existing cash reserves.
Broadcom Investors
The Vanguard Group
Type
Institutional
Stake
~8.3%
Value
~$131B
Style
Index / Passive
BlackRock Inc.
Type
Institutional
Stake
~7.1%
Value
~$112B
Style
Index / Passive
Capital Group
Type
Institutional
Stake
~5.8%
Value
~$92B
Style
Active Growth
State Street Corp.
Type
Institutional
Stake
~3.9%
Value
~$62B
Style
Index / Passive
KKR & Co.
Type
Private Equity
Role
Co-founded Avago (2005)
Investment
$2.66B (w/ Silver Lake)
Status
Exited
Type
Private Equity
Role
Co-founded Avago (2005)
Investment
$2.66B (w/ KKR)
Status
Exited
