AVGO Stock Price Chart: What Most People Get Wrong About Broadcom Right Now

AVGO Stock Price Chart: What Most People Get Wrong About Broadcom Right Now

Honestly, if you're looking at the AVGO stock price chart and feeling a bit dizzy, you aren't alone. It’s been a wild ride. Just this morning, January 15, 2026, the stock opened at $349.12, teased a high near $349.68, and then kinda meandered around the $343 mark. For anyone who remembers Broadcom trading at four digits not that long ago, seeing these numbers can be a total head-scratcher.

But here’s the thing: those old $1,400 prices are gone for a reason that has nothing to do with the company failing.

Back in July 2024, Broadcom pulled the trigger on a massive 10-for-1 stock split. Suddenly, your one expensive share became ten more affordable ones. If you're trying to read a long-term chart today, you've got to make sure it's "split-adjusted," or the whole thing will look like a terrifying cliff dive that never actually happened.

Reading the Current AVGO Stock Price Chart Momentum

The tape doesn't lie, but it definitely whispers. Right now, the chart is showing some serious "absorption." That’s just a fancy way of saying that every time the price dips into the $303 to $310 zone, buyers are stepping in and soaking up the supply.

Technically, we’re seeing a bit of a tug-of-war. The stock recently hit an all-time high (ATH) around December 10, 2025, but since then, it’s been struggling to stay above its 50-day moving average. Some traders, like the folks over at TradingShot, are worried we’re in a "bear cycle" similar to what happened in 2022. Others see this as a healthy consolidation after the stock surged nearly 50% in 2025.

Key Levels to Watch

  • The $360 Ceiling: We’ve seen a lot of rejection here lately. It’s a "supply band" where sellers are just waiting to offload.
  • The $300 Floor: This is the line in the sand. If AVGO drops below $300, the "buy the dip" crowd might start to panic.
  • The 200-Day EMA: Long-term investors usually look here to see if the overall trend is still bullish. As of mid-January 2026, the long-term vibe still feels mostly positive, despite the short-term choppiness.

The AI Engine Under the Hood

You can't talk about Broadcom without talking about AI. Period.

Hock Tan, the CEO, basically told everyone during the Q4 2025 earnings call that AI is the primary engine now. They’re projecting $19.1 billion in revenue for the first quarter of fiscal 2026. That’s a 28% jump year-over-year.

But the number that really makes people jump is the $73 billion AI backlog.

Broadcom isn't just making generic chips; they are the kings of ASICs (Application-Specific Integrated Circuits). Think of them as custom-built engines for companies like Google (for their TPUs) and Meta. While Nvidia makes the "Swiss Army Knife" of AI chips, Broadcom makes the specialized scalpel. It’s more efficient, uses less power, and for the big hyperscalers, it’s often cheaper in the long run.

Why the Software Side Matters

People often forget that Broadcom is also a massive software company. After the VMware acquisition, their infrastructure software revenue shot up to $27 billion for fiscal 2025. They’ve been aggressively moving VMware customers over to a subscription model. It’s been controversial—some customers aren't thrilled about the price hikes—but for the AVGO stock price chart, it means predictable, recurring cash flow.

What the Analysts Are Screaming

Wall Street is almost weirdly unified on this one. As of early 2026, a staggering majority of analysts have a "Buy" or "Strong Buy" rating on the stock.

Analyst Group Sentiment Price Target Range
Barchart Strong Buy $375 - $535
Wells Fargo Overweight (Upgraded Jan 2026) Avg $468
TipRanks Buy $390 - $525

Wells Fargo actually just upgraded their outlook this week, citing a potential 37% upside. They’re looking at a one-year target of roughly $468. If the stock actually hits $500 this year, it would be a massive breakout from the current range.

Is the Valuation Actually Too High?

Some people are sweating the P/E ratio. It’s currently sitting around 71, which looks terrifyingly high at first glance. But you've gotta look at the forward-looking earnings.

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Broadcom is one of the few tech giants that actually pays a decent dividend. They just bumped it up by 10% to **$0.65 per share quarterly** ($2.60 annually). For a growth-heavy semiconductor company, that’s almost unheard of. It shows they have so much free cash flow (about $26.9 billion last year) that they literally don't know what to do with it all.

How to Handle the Volatility

If you’re looking at the AVGO stock price chart and trying to time the perfect entry, you might be waiting forever. The stock "loves the gap," meaning it often jumps or drops significantly at the market open, leaving traders scrambling.

Watch the $335-345 range. This seems to be where the stock is currently "finding itself" in early 2026. If it can hold this level and clear the $360 resistance, the path to $400 looks a lot clearer. On the flip side, if the broader tech market takes a hit, don't be shocked to see a retest of the **$300** support level.

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Actionable Steps for Investors

  • Check your chart settings. Ensure you are viewing "split-adjusted" data to avoid misinterpreting the 2024 price drop.
  • Monitor the AI backlog. Any news of cancellations or delays in that $73 billion pipeline will hit the stock price harder than almost anything else.
  • Look at the 10-Year Treasury Yield. Semiconductors are sensitive to interest rates. If rates stay high or climb, the "valuation" of future earnings gets squeezed, which could flatten the chart.
  • Pay attention to the March 13, 2026 earnings report. This will be the first real test of whether the AI momentum is actually accelerating as fast as Hock Tan promised.

Broadcom is no longer just a "networking company." It's a hybrid beast of custom AI silicon and enterprise software. Whether the chart goes up or down in the next week, the fundamental shift toward custom AI accelerators is a multi-year trend that Broadcom is currently winning.