Quick verdict: ADI vs AVGO in 2026

As of April 14, 2026, Broadcom Inc. (AVGO) shows an overall edge in this ADI vs AVGO stock comparison, leading on key growth and profitability metrics, though Analog Devices, Inc. (ADI) presents a more attractive valuation profile. AVGO stands out as the growth leader and margin leader, showcasing stronger revenue momentum and superior operational efficiency. Analysts also favor AVGO, assigning a higher percentage of ‘Buy’ ratings and significantly more upside to its consensus price target, making it the clear favorite for potential upside according to the market. Not investment advice.

ADI vs AVGO: key metrics side by side

Full side-by-side comparison of ADI and AVGO across valuation, profitability, growth and analyst sentiment. Data updated 2026-04-14.

ADI vs AVGO valuation comparison

When conducting an ADI vs AVGO valuation comparison, Analog Devices (ADI) generally appears to trade at a more favorable, albeit still high, valuation relative to Broadcom (AVGO). ADI’s Price-to-Earnings (P/E) ratio stands at 63.23x, which is lower than AVGO’s P/E of 72.13x. This suggests that investors are currently paying less for each dollar of ADI’s earnings compared to AVGO. Similarly, ADI’s Price-to-Book (P/B) ratio of 5.07x is significantly more attractive than AVGO’s substantial P/B of 22.55x, indicating a much lower valuation concerning its book value.

Furthermore, a Discounted Cash Flow (DCF) analysis reveals that ADI’s current price of $350.075 is -30.2% below its calculated DCF fair value of $244.38, implying that the stock is considerably overvalued according to this model. However, AVGO’s current price of $379.95 is even further removed from its DCF fair value of $244.84, showing a -35.6% downside. While both stocks appear overvalued by traditional DCF models, ADI’s valuation metrics across P/E, P/B, and its DCF deviation suggest it is relatively cheaper than AVGO within the current market context for these high-growth technology companies. For investors focused on the `adi vs avgo fundamentals and valuation`, ADI presents a comparatively less stretched entry point.

ADI vs AVGO growth comparison

In the ADI vs AVGO growth comparison, Broadcom (AVGO) demonstrates superior revenue growth momentum. AVGO reported a year-over-year revenue growth of an impressive +23.9%, significantly outpacing Analog Devices (ADI) which saw a revenue growth of +16.9%. This substantial difference indicates that Broadcom is expanding its top line at a faster rate, likely driven by its diverse portfolio, strategic acquisitions, and strong demand in its key markets, including data centers, networking, broadband, and enterprise software. Broadcom’s larger revenue base of $63.89 billion, compared to ADI’s $11.02 billion, amplifies the impact of its higher growth rate, reinforcing its position as a dominant player with considerable market traction.

Beyond top-line expansion, profitability margins also shed light on the quality of growth. AVGO not only leads in revenue growth but also boasts significantly higher net and EBITDA margins, at 36.57% and 57.0% respectively, compared to ADI’s 23.02% net margin and 46.99% EBITDA margin. This indicates that Broadcom is not only growing faster but is also more efficient at converting its revenue into profit, which can further fuel future growth initiatives and enhance shareholder value. While specific forward estimates beyond analyst targets are not provided, the robust historical growth and strong profitability suggest that AVGO possesses stronger momentum heading into 2026. This makes AVGO potentially more appealing for investors prioritizing aggressive expansion in their `adi vs avgo stock comparison 2026`.

ADI vs AVGO profitability

Examining ADI vs AVGO profitability, Broadcom (AVGO) exhibits a stronger financial performance in terms of margins, indicating superior operational efficiency and pricing power within its markets. AVGO’s net margin stands at an impressive 36.57%, considerably higher than ADI’s net margin of 23.02%. This significant difference means that for every dollar of revenue, Broadcom retains a larger portion as net income, showcasing its ability to manage costs effectively and maintain high-profitability product lines. Similarly, AVGO’s EBITDA margin of 57.0% far exceeds ADI’s 46.99%, further emphasizing Broadcom’s robust operational leverage and strong cash flow generation before interest, taxes, depreciation, and amortization.

While AVGO leads in margins, Analog Devices (ADI) shows a better Free Cash Flow (FCF) yield. ADI’s FCF yield is 2.67%, which is more attractive than AVGO’s FCF yield of 1.6%. A higher FCF yield indicates that ADI is generating more cash flow relative to its market capitalization, which can be a positive sign for investors looking for companies that can fund operations, repay debt, or return capital to shareholders. Both companies report “N/A%” for Return on Equity (ROE), preventing a direct comparison on this specific metric. However, considering the dominant margin figures, AVGO clearly generates more profit from its operations, while ADI shows a comparatively stronger free cash flow generation relative to its valuation.

Analyst ratings: ADI vs AVGO

When considering analyst ratings for ADI vs AVGO, Broadcom (AVGO) garners a more enthusiastic consensus from the investment community. Out of 58 analysts covering AVGO, a substantial 89.7% have issued a ‘Buy’ rating, with a unanimous ‘Buy’ consensus. These analysts have set a consensus price target of $443.72, implying a significant upside potential of +16.8% from its current price of $379.95. This strong endorsement reflects confidence in Broadcom’s strategic direction, robust growth prospects, and strong market positioning across its diverse segments, particularly in high-demand areas like artificial intelligence infrastructure and enterprise software.

Analog Devices (ADI) also maintains a positive analyst sentiment, though to a slightly lesser degree. Of the 54 analysts tracking ADI, 79.6% recommend a ‘Buy’ rating, contributing to a ‘Buy’ consensus similar to AVGO. However, the projected upside for ADI’s stock is more modest. Analysts have a consensus price target of $374.42, which represents a +7.0% upside from its current price of $350.075. While still a healthy outlook, it is less aggressive than the targets set for Broadcom. This comparison highlights that while both stocks are generally viewed favorably, analysts perceive greater near-term price appreciation potential and stronger conviction in AVGO, making it the preferred choice for those weighing the `adi vs avgo analyst ratings and recommendations`.

Should I buy ADI or AVGO stock in 2026?

Deciding `should I buy ADI or AVGO stock in 2026` depends heavily on an investor’s individual priorities, whether they prioritize growth, value, or income. For growth-oriented investors, Broadcom (AVGO) appears to be the more compelling option. AVGO boasts a superior year-over-year revenue growth rate of 23.9% compared to ADI’s 16.9%, demonstrating stronger market momentum and a greater capacity for top-line expansion. Additionally, AVGO’s significantly higher net and EBITDA margins indicate that its growth is highly profitable, converting a larger share of revenue into earnings. Analysts also reflect this growth bias, projecting a higher price target upside of +16.8% for AVGO, making it a stronger candidate for capital appreciation based on current market dynamics and `adi vs avgo earnings growth comparison`.

Conversely, value investors conducting an `adi vs avgo fundamentals and valuation` assessment might find Analog Devices (ADI) relatively more attractive. Despite both companies trading at elevated multiples in the current market, ADI presents a lower P/E ratio of 63.23x compared to AVGO’s 72.13x, and a significantly lower P/B ratio of 5.07x versus AVGO’s 22.55x. While both stocks show a negative DCF upside, implying overvaluation by the model, ADI’s -30.2% deviation is less severe than AVGO’s -35.6%. This suggests that ADI is comparatively less stretched on traditional valuation metrics, potentially offering a safer entry point for investors seeking some degree of value in the high-growth semiconductor sector.

When considering income, neither ADI nor AVGO stand out as strong dividend plays in 2026, as both companies offer a minimal dividend yield of 0.01%. For investors focused on generating regular income, these stocks are unlikely to meet their objectives, as their business models prioritize reinvestment for growth rather than substantial dividend payouts. Therefore, the choice between ADI and AVGO is primarily a deliberation between higher growth and profitability (AVGO) versus a relatively less expensive valuation (ADI), with income generation being a negligible factor for both. This is not investment advice; always conduct your own thorough research before making any investment decisions.

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