Broadcom (AVGO) has surged 65.3% so far in 2025 on strong AI demand and optimism over its VMware acquisition. Given the stock’s rally, investors are wondering whether the stock still has room to run. Well, according to TipRanks’ technical indicators, Broadcom stock is a Buy, implying further upside from current levels.
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Analyzing AVGO Stock’s Technical Indicators
According to TipRanks’ easy-to-understand technical analysis tool, AVGO stock is currently on an upward trend. The stock’s 50-day Exponential Moving Average (EMA) is 351.66, while its price is $380.61, implying a bullish signal.
Another technical indicator, Williams %R, helps traders see if a stock is overbought or oversold. For Broadcom stock, Williams %R currently shows a Buy signal, suggesting the stock is not overbought and has room to run.
Moreover, the Rate of Change (ROC) is a momentum-based technical indicator. It measures the percentage change in a stock’s price between the current price and the price from a specific number of periods ago. Typically, an ROC above zero confirms an uptrend. Broadcom currently has an ROC of 7.73, which signals a Buy.
Is Broadcom a Buy, Sell, or Hold?
Turning to Wall Street, AVGO stock has a Strong Buy consensus rating based on 28 Buys and two Holds assigned in the last three months. At $410.46, the average Broadcom stock price target implies a 7.84% upside potential.
