Broadcom Inc. (AVGO)
Market Cap | 745.75B |
Revenue (ttm) | 46.82B |
Net Income (ttm) | 5.10B |
Shares Out | 4.67B |
EPS (ttm) | 1.10 |
PE Ratio | 145.54 |
Forward PE | 27.00 |
Dividend | $2.12 (1.33%) |
Ex-Dividend Date | Sep 19, 2024 |
Volume | 19,465,789 |
Open | 163.20 |
Previous Close | 164.74 |
Day's Range | 157.54 - 163.20 |
52-Week Range | 90.31 - 186.42 |
Beta | 1.19 |
Analysts | Strong Buy |
Price Target | 190.18 (+19.11%) |
Earnings Date | Dec 12, 2024 |
About AVGO
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing ... [Read more]
Financial Performance
In 2023, Broadcom's revenue was $35.82 billion, an increase of 7.88% compared to the previous year's $33.20 billion. Earnings were $14.08 billion, an increase of 25.47%.
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for AVGO stock is "Strong Buy." The 12-month stock price forecast is $190.18, which is an increase of 19.11% from the latest price.
News
Semis won't face much impact from Trump 2.0 tariffs, says Bernstein's Stacy Rasgon
Stacy Rasgon, Bernstein Research U.S. semiconductor senior analyst, joins CNBC's 'The Exchange' to discuss the impact of potential tariffs on the semiconductor sector.
3 Semiconductor Stocks (Not Named Nvidia) to Benefit From Huge AI Chip Demand
In today's video, I discuss recent updates impacting Nvidia (NVDA -4.18%) and three semiconductor stocks that can benefit from the current artificial intelligence market. To learn more, check out the ...
Better Artificial Intelligence Stock: Broadcom vs. Nvidia
Among the companies benefiting from artificial intelligence (AI) entering the mainstream are semiconductor giants Broadcom (AVGO 1.48%) and Nvidia (NVDA -1.85%). The arrival of AI supercharged sales f...
Should You Forget Super Micro Computer and Buy These 2 Millionaire-Maker AI Stocks Instead?
Super Micro Computer's stock soared more than 30% on Nov. 19 after it appointed a new independent auditor and submitted a compliance plan to Nasdaq to avoid a potential delisting. Those announcements ...
Better Artificial Intelligence Stock: Broadcom vs. AMD
It's a good time to invest in the fast-growing artificial intelligence (AI) industry. The market for AI is expected to surpass $184 billion this year, and forecast to reach more than $826 billion by 2...
Does Billionaire Ken Griffin Know Something Wall Street Doesn't? The Citadel Chief Sold More than Half His Broadcom Stock and Is Piling Into Another Artificial Intelligence (AI) Stock-Split Stock Instead
Ken Griffin is arguably one of the most successful investors of all time. He made a name for himself when he shorted stocks just ahead of the 1987 market crash that came to be known as "Black Monday.
Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years
We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, wit...
7 Stocks I'm Buying In Defiance Of Post-Election Euphoria
Some stock sectors exhibit dangerous euphoria, reminiscent of Icarus flying too close to the sun, risking a significant correction. Post-election optimism has inflated valuations in midstream energy, ...
Will Chip Giant Broadcom Be the Next $1 Trillion Company?
Will Chip Giant Broadcom Be the Next $1 Trillion Company?
Strategist talks AI stock opportunities beyond Nvidia
While Nvidia (NVDA) continues dominating the AI chip market, investors seek additional opportunities in the rapidly evolving sector. Nvidia shares continue to fluctuate since reporting third quarter e...
My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys
Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks i...
Broadcom's Winning Formula: AI, Diversification, And Market-Beating Returns
Broadcom's AI segment is expected to generate 25% of its revenue in 2024, benefiting from partnerships with OpenAI and diversification efforts. Despite risks from Apple's in-house chip development, Br...
Broadcom Has Changed Significantly In The Last Year
Broadcom's strategic VMWare acquisition has reduced dependency on major clients like Apple and diversified revenue. AVGO's critical role in Internet and AI infrastructure, with 99% of Internet traffic...
Billionaire Ray Dalio Sold 27% of Bridgewater's Stake in Nvidia and Is Piling Into 2 Artificial Intelligence (AI) Stock-Split Stocks
Dalio dumped more than 1.8 million shares of Wall Street's favorite artificial intelligence (AI) stock and respectively quadrupled and 10X'd Bridgewater's position in two other AI stock-split stocks.
Billionaire Stanley Druckenmiller Just Sold All of His Nvidia Shares and Bought This Rapidly Growing Artificial Intelligence Stock-Split Stock
Billionaire Stanley Druckenmiller Just Sold All of His Nvidia Shares and Bought This Rapidly Growing Artificial Intelligence Stock-Split Stock
Prediction: 3 Stocks That'll Be Worth More Than Tesla 10 Years From Now
These stocks have realistic paths to grow larger than Tesla.
Prediction: These 2 Stocks Will Be Worth More Than Tesla in the Next 5 Years
Prediction: These 2 Stocks Will Be Worth More Than Tesla in the Next 5 Years
Meet the Stock-Split Stock That Soared by 11,210% Over the Past 15 Years. Now, It's Poised to Join Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta, and Tesla in the $1 Trillion Club by 2026
Chipmaker and software specialist Broadcom continues to generate robust growth, fueling the next generation of artificial intelligence.
Broadcom's AI Boom Vs. Trump 2.0 Risks
Broadcom's FY2024 AI revenue is projected to surpass $12 billion, driven by surging demand and strategic partnerships. VMware added $3.8 billion to Q3 revenue, doubling infrastructure software contrib...
Billionaire Steve Cohen Is Selling This Hot Artificial Intelligence (AI) Stock
Broadcom is priced the same as other strong-performing AI stocks.
Viking Fund Management Sells Big Oil Stocks In Q3, Cuts Tesla Position In Half, Adds To Largest Position Broadcom
A new 13F filing from Viking Fund Management reveals which companies the fund bought and sold in the third quarter, including exiting some oil companies ahead of the 2024 election.
Broadcom Inc. to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on Thursday, December 12, 2024
PALO ALTO, Calif. , Nov. 12, 2024 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, toda...
Billionaire Ken Griffin of Citadel Is Piling Into Palantir and Broadcom and Selling Shares of Wall Street's Artificial Intelligence (AI) Darling
While Griffin has notably added to his hedge fund's stake in hotshot artificial intelligence (AI) stocks Palantir and Broadcom, his fund slashed its position in the company that's the face of the AI r...
Why Taiwan Semiconductor, Meta Platforms, and Other Artificial Intelligence (AI) Stocks Rallied on Thursday
Looser regulatory restrictions and an increased focus on AI from the incoming presidential administration could be a boon to leaders in the space.