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Broadcom (AVGO)
NASDAQ:AVGO
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AVGO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$90.31 - $186.42
Previous Close$163.25
Volume24.83M
Average Volume (3M)23.92M
Market Cap
$772.28B
Enterprise Value$832.29B
Total Cash (Recent Filing)$9.95B
Total Debt (Recent Filing)$69.96B
Price to Earnings (P/E)143.9
Beta2.14
Next Earnings
Dec 12, 2024EPS Estimate
$1.39Last Dividend Ex-Date
Sep 19, 2024Dividend Yield1.27%
Share Statistics
EPS (TTM)1.15
Shares Outstanding4,670,576,083
10 Day Avg. Volume17,655,018
30 Day Avg. Volume23,919,272
Standard Deviation0.09
R-Squared0.48
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)11.61
Price to Sales (P/S)16.50
Price to Cash Flow (P/CF)38.90
P/FCF Ratio47.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.78
Enterprise Value/Gross Profit33.71
Enterprise Value/Ebitda40.00
Forecast
1Y Price Target
$199.80Price Target Upside21.87% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering26
Broadcom News
Bulls Say, Bears Say
Bulls Say
AI OpportunityBroadcom's significant AI opportunity presents a total addressable market of $100-$125 billion, showcasing the company's potential for substantial growth.
Networking GrowthRapidly growing demand for Broadcom's networking solutions is driven by increasing AI cluster sizes, positioning the company as a key player in the AI revolution.
VMWare AcquisitionThe successful integration of VMWare enhances Broadcom's position in the infrastructure software market, adding a high-value recurring software aspect with strong financial margins.
Bears Say
Customer RetentionCustomer churn is anticipated due to significant changes in pricing and subscription models following the VMware integration.
Financial PerformanceBroadcom, as one of the most leveraged firms in the industry, may be more susceptible to higher costs of financing as interest rates rise.
Market PerformanceThe stock is trading at 25x the revised FY25 EPS, raising concerns about a 10 turn premium compared to Broadcom's historic multiple.
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Ownership Overview
1.96% Insiders
14.37% Mutual Funds
21.47% Other Institutional Investors
38.96% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AVGO FAQ
What was Broadcom’s price range in the past 12 months?
Broadcom lowest stock price was $90.31 and its highest was $186.42 in the past 12 months.
What is Broadcom’s market cap?
Currently, no data Available
When is Broadcom’s upcoming earnings report date?
Broadcom’s upcoming earnings report date is Dec 12, 2024 which is in 20 days.
How were Broadcom’s earnings last quarter?
Broadcom released its earnings results on Sep 05, 2024. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.217 by $0.023.
Is Broadcom overvalued?
According to Wall Street analysts Broadcom’s price is currently Undervalued.
Does Broadcom pay dividends?
Broadcom pays a Quarterly dividend of $0.53 which represents an annual dividend yield of 1.27%. See more information on Broadcom dividends here
What is Broadcom’s EPS estimate?
Broadcom’s EPS estimate is $1.39.
How many shares outstanding does Broadcom have?
Broadcom has 4,670,576,000 shares outstanding.
What happened to Broadcom’s price movement after its last earnings report?
Broadcom reported an EPS of $1.24 in its last earnings report, beating expectations of $1.217. Following the earnings report the stock price went down -10.36%.
Which hedge fund is a major shareholder of Broadcom?
Among the largest hedge funds holding Broadcom’s share is Fisher Asset Management LLC. It holds Broadcom’s shares valued at 4B.
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Broadcom Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$199.80 (21.87% Upside)
$199.80 (21.87% Upside)
Blogger Sentiment
Bullish
AVGO Sentiment 91%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 520.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $60.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
66.47%
12-Months-Change
Fundamentals
Return on Equity
12.51%
Trailing 12-Months
Asset Growth
134.61%
Trailing 12-Months
Company Description
Broadcom
Broadcom, Inc. is a technology company offering semiconductor and infrastructure software solutions. It operates through two segments: Semiconductor Solutions (includes semiconductor solution product lines and IP licensing) and Infrastructure Software (Includes mainframe, BizOps and cyber security software solutions and FC SAN business). The company was founded in 1961 and is headquartered in San Jose, CA.
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AVGO Company Deck
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AVGO Earnings Call
Q3 2024
0:00 / 0:00
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AVGO Stock 12 Month Forecast
Average Price Target
$199.80
▲(21.87% Upside)
Technical Analysis
Best Analysts Covering AVGO
1 Year
1 Year Success Rate
24/25 ratings generated profit
1 Year Average Return
+62.54%
reiterated a buy rating 28 days ago
Copying Vivek Arya's trades and holding each position for 1 Year would result in 96.00% of your transactions generating a profit, with an average return of +62.54% per trade.
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