By Aniruddha Ganguly
Publication Date: 2026-08-12 16:54:00
Broadcom AVGO shares are overvalued, as suggested by a Value Score of D. In terms of the forward 12-month price/earnings (P/E), AVGO is trading at 23.8X, higher than the broader Zacks Computer and Technology sector’s 21.53X. Broadcom is trading at a higher multiple as compared with NVIDIA‘s NVDA 19.91X but at a discount compared with Marvell Technology‘s MRVL 41.5X and Advanced Micro Devices‘ AMD 41.61X.
AVGO Shares Are Overvalued
Image Source: Zacks Investment Research
Broadcom shares are trading above the 50 and 200-day moving averages (SMAs), indicating a bullish trend.
AVGO Stock Trades Above 50 & 200-Day SMAs
Image Source: Zacks Investment Research
Is AVGO worth buying at current prices? Let’s dig deep to find out.
AVGO’s Prospects Suffer From Multiple Challenges
Broadcom shares have underperformed Marvell and AMD year to date (YTD)…
