Broadcom stock split: what it means for traders

Broadcom (AVGO) completed a 10-for-1 stock split in July 2024, a move that reduced its nominal share price and increased the number of shares in circulation. As of 4 December 2025, the stock trades around $382–$383 on NASDAQ, giving the company a market capitalisation of about $1.8 trillion. Over the past 52 weeks, AVGO has moved within a range of roughly $138.10 to $403.00, reflecting sustained interest in Broadcom’s semiconductor and infrastructure software operations.

Day-to-day trading has seen the share price fluctuate between the upper $370s and low $380s, with activity tending to pick up around scheduled announcements. This includes the build-up to Broadcom’s FY 2025 results on 11 December 2025, which has been a key point of focus for market participants during the latter half of the year.

Broadcom (AVGO) live share price

Past performance is not a reliable indicator of future results.

What is a stock split?

A stock split is a corporate action that increases the number of a company’s shares while reducing the price per share in equal proportion. It doesn’t change the overall value of an investor’s holdings. For example, a 10-for-1 split converts one share priced at $100 into ten shares priced at $10 each.

Companies typically use stock splits to make their shares appear more accessible and to support liquidity. The business’s fundamentals, valuation and long-term strategy remain unaffected, as the adjustment alters the share structure rather than the underlying economics.

Common split ratios include 2-for-1 or 3-for-1, though some technology firms opt for larger splits when their share prices rise rapidly.

Broadcom’s 10-for-1 stock split date (July 2024)

Broadcom implemented a 10-for-1 split on 15 July 2024 – the first in its corporate history. The split expanded the number of shares tenfold and reduced the per-share price from above $1,700 to roughly $170 at the time.

The change brought Broadcom’s price range more in line with other large US technology firms and supported wider participation across retail and institutional channels. It was a structural adjustment only; it didn’t alter revenue outlooks, financial data or broader industry conditions.

Since the split, Broadcom’s share price has moved higher alongside ongoing interest in companies involved in AI-driven semiconductor and infrastructure development.

Past performance is not a reliable indicator of future results.

Why did Broadcom conduct a share split?

Stock splits aim to make shares appear more affordable and to improve trading liquidity without changing the firm’s intrinsic value. Broadcom noted accessibility and liquidity as the primary considerations behind its 10-for-1 split, in line with similar actions by other large US technology firms.

Some analysts linked the timing to Broadcom’s expanding AI-focused revenue and the integration of VMware’s software estate. As the company passed the $1 trillion valuation mark in 2024, its nominal share price diverged from peers, prompting discussion about accessibility and long-term alignment.

Higher nominal prices may also complicate multi-year comparisons or discourage some retail participation, even in markets where fractional shares are available. For these reasons, companies sometimes adjust share prices when entering new growth phases or following major acquisitions.

Will Broadcom split again in 2026?

There’s currently no announcement from Broadcom about another stock split in 2026. The company’s 10-for-1 split in July 2024 brought the share price into a lower trading range, and many analysts note that this adjustment already addressed accessibility and liquidity considerations. Any future decision would depend on board approval, market conditions and the company’s long-term strategy, none of which can be predicted. Past performance is not a reliable indicator of future results.

Broadcom stock split history

Broadcom’s stock-split history is brief:

10-for-1 stock split (15 July 2024)

This increased the number of outstanding shares and lowered the trading price proportionally. It was Broadcom’s first stock split and coincided with record valuations.

Before 2024, the company hadn’t split its stock in its current corporate form, although discussions – including speculation about a possible 20-for-1 split – circulated in late 2023.

As of December 2025, many analysts consider further near-term splits unlikely, as the 2024 action already placed AVGO’s price within a lower trading bracket. However, commentary tends to resurface when the share price approaches new highs, particularly during periods of strong demand across AI-related markets.

Latest earnings: Broadcom FY 2025 results

Broadcom’s fiscal year ends in late October. Ahead of the full-year FY 2025 report, the company posted Q3 FY 2025 revenue of around $16.0 billion, up roughly 22% year on year, alongside adjusted EBITDA of about $10.7 billion.

A significant contributor has been growth in AI-related semiconductor revenue. In Q3 FY 2025, this segment generated approximately $5.2 billion, an increase of around 63% year on year. Demand has centred on custom AI accelerators, high-performance networking products and the early stages of VMware-related workload integration.

Broadcom plans to publish its Q4 and full-year FY 2025 earnings on 11 December 2025, followed by a management briefing. The release will offer updated insight into semiconductor demand conditions, infrastructure software performance and progress on VMware integration.

The company’s mix of semiconductors, enterprise software and network infrastructure means it remains exposed to multi-year investment cycles in cloud data centres, hyperscale computing and advanced connectivity.

Past performance is not a reliable indicator of future results.

Outlook and upcoming developments

Broadcom has guided to approximately $17.4 billion in Q4 FY 2025 revenue, with an adjusted EBITDA margin near 67%. If achieved, this would represent another period of year-on-year growth across both semiconductor and software segments, supported by demand for AI-optimised hardware, advanced switching and routing technology, and VMware-related products.

Several developments may influence sentiment around AVGO:

• Broadcom’s FY 2025 earnings release on 11 December 2025, providing clarity on segment performance and guidance for FY 2026.
• Ongoing VMware integration and potential opportunities across modern workloads, virtualisation and edge computing.
• Demand trends for AI-capable accelerators, networking solutions and cost-efficient data-centre infrastructure.
• The company’s approach to capital returns, including any future considerations around share repurchases or structural adjustments, which depend on board decisions and market conditions.
• While the 2024 stock split reshaped Broadcom’s share structure, future developments will depend on business performance across semiconductor and software markets, as well as the broader economic environment.

Past performance is not a reliable indicator of future results.

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