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Broadcom (AVGO)
NASDAQ:AVGO
Broadcom (AVGO) Stock Price & Analysis
17,977 Followers
AVGO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$785.60 - $1,845.76
Previous Close$1,640.8
Volume3.25M
Average Volume (3M)3.33M
Market Cap
$763.77B
Enterprise Value$827.98B
Total Cash (Recent Filing)$9.81B
Total Debt (Recent Filing)$74.02B
Price to Earnings (P/E)70.6
Beta1.53
Next Earnings
Aug 29, 2024EPS Estimate
$12.14Last Dividend Ex-Date
Jun 24, 2024Dividend Yield1.23%
Share Statistics
EPS (TTM)23.24
Shares Outstanding465,488,374
10 Day Avg. Volume6,411,214
30 Day Avg. Volume3,333,019
Standard Deviation0.09
R-Squared0.51
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-10.37
Price to Sales (P/S)61.83
Price to Cash Flow (P/CF)40.10
P/FCF Ratio34.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue19.43
Enterprise Value/Gross Profit33.54
Enterprise Value/Ebitda38.77
Forecast
1Y Price Target
$1,893.57Price Target Upside14.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering23
Broadcom News
PremiumStock Analysis & Ideas
TSM vs. AVGO: Which Semiconductor Stock Is the Better Buy?
Bulls Say, Bears Say
Bulls Say
AI And VMWare GrowthGrowth could inflect 2x driven by AI silicon and VMWare.
Financial PerformanceBroadcom announced better results and raised its full-year FY24 revenue and EBITDA guidance on stronger AI and VMware.
Management And Strategic ExecutionDiverse growth drivers, highly regarded management team, and unique track-record of capital appreciation, dividend growth and above market dividend yield can justify a premium multiple.
Bears Say
CompetitionIncreasing noise from NVDA Ethernet switch competitive ambitions.
Customer ConcentrationBroadcom's topline is exposed to quarterly lumpiness from Apple and Google, generating 10-15% each of sales.
Debt And FinancingBroadcom may be more susceptible to higher costs of financing as interest rates rise.
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Ownership Overview
27.68% Insiders
30.08% Mutual Funds
21.57% Other Institutional Investors
20.67% 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 $785.60 and its highest was $1845.76 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 Aug 29, 2024 which is in 57 days.
How were Broadcom’s earnings last quarter?
Broadcom released its earnings results on Jun 12, 2024. The company reported $10.96 earnings per share for the quarter, beating the consensus estimate of $10.85 by $0.11.
Is Broadcom overvalued?
According to Wall Street analysts Broadcom’s price is currently Undervalued.
Does Broadcom pay dividends?
Broadcom pays a Quarterly dividend of $5.25 which represents an annual dividend yield of 1.23%. See more information on Broadcom dividends here
What is Broadcom’s EPS estimate?
Broadcom’s EPS estimate is $12.14.
How many shares outstanding does Broadcom have?
Broadcom has 465,488,370 shares outstanding.
What happened to Broadcom’s price movement after its last earnings report?
Broadcom reported an EPS of $10.96 in its last earnings report, beating expectations of $10.85. Following the earnings report the stock price went up 12.269%.
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 3B.
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Broadcom Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$1,893.57 (14.24% Upside)
$1,893.57 (14.24% Upside)
Blogger Sentiment
Bullish
AVGO Sentiment 89%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 487.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $19.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 11.5%
Last 30 Days ▲ 11.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
92.48%
12-Months-Change
Fundamentals
Return on Equity
22.23%
Trailing 12-Months
Asset Growth
144.48%
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 Earnings Call
Q2 2024
0:00 / 0:00
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AVGO Stock 12 Month Forecast
Average Price Target
$1,893.57
▲(14.24% Upside)
Technical Analysis
Best Analysts Covering AVGO
1 Year
1 Year Success Rate
24/24 ratings generated profit
1 Year Average Return
+65.77%
assigned a buy rating 8 days ago
Copying Vivek Arya's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +65.77% per trade.
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