Broadcom(US:AVGO) Schaeffers Investment Research·2025-09-15 14:50Core Viewpoint - Broadcom Inc (NASDAQ:AVGO) is experiencing positive market sentiment, with Macquarie Securities initiating coverage with an "outperform" rating and a price target of $420, highlighting the company's strength in the specialized chip market [1] Stock Performance - The stock is currently trading at $361.20, reflecting a 0.4% increase, and has seen a significant 114.3% increase year over year [2] - Following a 9.4% rise post-earnings on September 5, the stock is attempting to reclaim record highs, supported by the 20-day moving average [2] Analyst Sentiment - Out of 39 analysts covering Broadcom, 34 recommend a "strong buy," indicating strong bullish sentiment towards the stock [1] - Options traders have shown skepticism recently, with the 50-day put/call volume ratio ranking in the 98th percentile of its annual range, although calls are currently outpacing puts [3] Options Market - Options are currently reasonably priced, with Broadcom's Schaeffer's Volatility Index (SVI) at 38%, ranking in the low 3rd percentile of its annual range, suggesting low volatility expectations [4] - The equity has historically outperformed volatility expectations, as indicated by a Schaeffer's Volatility Scorecard (SVS) of 79 out of 100 [4]