By Marcin Frąckiewicz
Publication Date: 2025-11-16 13:39:00
Updated November 16, 2025
Key takeaways
- Price snapshot: AVGO last traded at $342.46 (as of the most recent close in UTC), putting Broadcom at roughly $1.6T market cap. [1]
- Next catalyst: Broadcom will report Q4 & FY2025 results on Thursday, December 11, 2025 (after the close); earnings call at 2:00 p.m. PT / 5:00 p.m. ET. [2]
- November headlines: Broadcom moved to open up the VMware Cloud Foundation (VCF) ecosystem, added AI‑focused certifications, and will showcase AI/HPC tech at SC25. [3]
- Street tone: Jefferies named AVGO its new Top Pick (PT $480), while Mizuho recently lifted its target to $435 on ASIC/AI momentum. [4]
- Set‑up into December: Q3 delivered $15.95B revenue with AI chip revenue up 63% to $5.2B; management guided Q4 revenue to ~$17.4B. Investors will look for 2026 AI order conversion and updates on VMware churn. [5]
AVGO price and what’s moving it now
Broadcom (NASDAQ: AVGO) closed at $342.46 in the latest session (UTC), after an active week that included a brief…