Broadcom Inc

Broadcom Inc Stock Forecast & Price Prediction

Live Broadcom Inc Stock (AVGO) Price
$176.22

29

Ratings

  • Buy 27
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$176.22

P/E Ratio

143.27

Volume Traded Today

$15.8M

Dividend

$0.53

52 Week High/low

186.42/90.31

Broadcom Inc Market Cap

$823.05B

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AVGO Summary

The Broadcom Inc (AVGO) share price is expected to increase by 11.46% over the next year. This is based on calculating the average 12-month share price estimate provided by 29 stock analysts who have covered AVGO. Price targets range from $156.21 at the low end to $240 at the high end. The current analyst consensus for AVGO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

AVGO Analyst Ratings

AVGO is a stock in Technology which has been forecasted to be worth $196.42 as an average. On the higher end, the forecast price is $240 USD by John Vinh from Keybanc and on the lower end AVGO is forecasted to be $156.21 by from .

AVGO stock forecast by analyst

These are the latest 20 analyst ratings of AVGO.

Analyst/Firm

Rating

Price Target

Change

Date

Timothy Arcuri
UBS

Buy

$200

Maintains

Nov 4, 2024
Vijay Rakesh
Mizuho

Outperform

$220

Maintains

Oct 14, 2024
C J Muse
Cantor Fitzgerald

Overweight

$225

Maintains

Oct 8, 2024
William Stein
Truist Securities

Buy

$205

Maintains

Oct 8, 2024
Sebastien Naji
William Blair

Outperform


Initiates

Sep 18, 2024
Timothy Arcuri
UBS

Buy

$170

Maintains

Sep 9, 2024
Hans Mosesmann
Rosenblatt

Buy

$240

Maintains

Sep 6, 2024
C J Muse
Cantor Fitzgerald

Overweight

$200

Reiterates

Sep 6, 2024
Cody Acree
Benchmark

Buy

$210

Reiterates

Sep 6, 2024
Toshiya Hari
Goldman Sachs

Buy

$190

Maintains

Sep 6, 2024
Joseph Moore
Morgan Stanley

Overweight

$180

Maintains

Sep 6, 2024
Harlan Sur
JP Morgan

Overweight

$210

Maintains

Sep 6, 2024
C J Muse
Cantor Fitzgerald

Overweight

$200

Maintains

Jul 17, 2024
C J Muse
Cantor Fitzgerald

Overweight

$2000

Maintains

Jul 16, 2024
Rick Schafer
Oppenheimer

Outperform

$200

Maintains

Jul 16, 2024
Matthew Ramsay
TD Cowen

Buy

$210

Maintains

Jul 16, 2024
Hans Mosesmann
Rosenblatt

Buy

$2400

Maintains

Jul 11, 2024
Vivek Arya
B of A Securities

Buy

$2150

Reiterates

Jun 24, 2024
Christopher Danely
Citigroup

Buy

$1750

Maintains

Jun 14, 2024
Aaron Rakers
Wells Fargo

Equal-Weight

$1700

Maintains

Jun 13, 2024

AVGO Company Information

What They Do: Develops and supplies semiconductor devices globally.

Business Model: Broadcom operates in two segments: Semiconductor Solutions and Infrastructure Software. It generates revenue by designing and supplying a wide range of semiconductor products, including system-on-chips (SoCs) and custom silicon solutions for various applications such as networking, telecommunications, and consumer electronics.

Other Information: Founded in 1961 and headquartered in Palo Alto, California, Broadcom's diverse product portfolio serves multiple industries, including data centers, broadband access, and factory automation, positioning the company as a key player in the semiconductor market.
AVGO
Broadcom Inc (AVGO)

When did it IPO

2009

Staff Count

20,000

Country

United States

Sector/Industry

Technology/Semiconductors

CEO

Mr. Hock E. Tan

Market Cap

$823.05B

Broadcom Inc (AVGO) Financial Data

In 2023, AVGO generated $35.82B in revenue, which was a increase of 7.88% from the previous year. This can be seen as a signal that AVGO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$23.89B

Revenue From 2021

$27.45B

14.91 %
From Previous Year

Revenue From 2022

$33.20B

20.96 %
From Previous Year

Revenue From 2023

$35.82B

7.88 %
From Previous Year
  • Revenue TTM $46.81B
  • Operating Margin TTM 31.8%
  • Gross profit TTM $24.69B
  • Return on assets TTM 7.7%
  • Return on equity TTM 12.5%
  • Profit Margin 10.9%
  • Book Value Per Share 59.22%
  • Market capitalisation $823.05B
  • Revenue for 2021 $27.45B
  • Revenue for 2022 $33.20B
  • Revenue for 2023 $35.82B
  • EPS this year (TTM) $1.23

Broadcom Inc (AVGO) Latest News

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Broadcom Inc. (NASDAQ: AVGO) will report its Q4 and fiscal year 2024 financial results on December 12, 2024, after market close.

Why It Matters - Broadcom's upcoming financial results announcement could influence stock performance and market sentiment, impacting investment decisions and valuations.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - Broadcom Inc. (AVGO) closed at $176.07, down 1.59% from the previous day's close.

Why It Matters - Broadcom's 1.59% decline in stock price may indicate market volatility or investor concerns, impacting sentiment and potential future performance in the tech sector.

News Image

Mon, 11 Nov 2024

Sentiment - NEGATIVE

Source - The Motley Fool

Summary - Griffin's hedge fund increased investments in AI stocks Palantir and Broadcom, but reduced its stake in a key AI company.

Why It Matters - Griffin's increased investment in AI stocks like Palantir and Broadcom, coupled with a reduction in the leading AI company's shares, signals a shift in market sentiment and strategy that could influence stock performance.

News Image

Mon, 11 Nov 2024

Sentiment - POSITIVE

Source - MarketBeat

Summary - OpenAI has shifted from building its own AI chip foundries to collaborating with tech companies like Amazon and Alphabet, while still aiming to produce its own chips to reduce reliance on NVIDIA.

Why It Matters - OpenAI's shift to partner with tech giants for AI chip production indicates a strategic move to reduce dependence on NVIDIA, impacting competition and supply chains in the semiconductor market.

News Image

Mon, 11 Nov 2024

Sentiment - POSITIVE

Source - MarketBeat

Summary - OpenAI shifts from building its own AI chip foundries to collaborating with tech companies, while aiming to produce its own chips to lessen dependence on NVIDIA.

Why It Matters - OpenAI's shift to partnerships for AI chip production signals potential competitive pressure on NVIDIA, impacting its market position and affecting tech stock valuations.

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Investors Business Daily

Summary - Broadcom stock is approaching a breakout due to significant demand from major funds, similar to Nvidia's performance. Monitor its chart for potential trends.

Why It Matters - Broadcom's rising demand from top funds signals potential price appreciation, similar to Nvidia's trajectory, indicating strong market interest and possible growth opportunities.

...

AVGO Frequently asked questions

The highest forecasted price for AVGO is $240 from John Vinh at Keybanc.

The lowest forecasted price for AVGO is $156.21 from from

The AVGO analyst ratings consensus are 27 buy ratings, 2 hold ratings, and 0 sell ratings.