Broadcom Inc. (AVGO)
NASDAQ: AVGO · Real-Time Price · USD
240.31
+2.87 (1.21%)
At close: Jan 21, 2025, 4:00 PM
246.10
+5.79 (2.41%)
Pre-market: Jan 22, 2025, 8:58 AM EST

Broadcom Stock Forecast

Stock Price Forecast

The 25 analysts with 12-month price forecasts for Broadcom stock have an average target of 223.34, with a low estimate of 161.6 and a high estimate of 265. The average target predicts a decrease of -7.06% from the current stock price of 240.31.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $161.6 $223.34 $225 $265
Change -32.75% -7.06% -6.37% +10.27%

Analyst Ratings

The average analyst rating for Broadcom stock from 26 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 141413131212
Buy 141314141313
Hold 211111
Sell 000000
Strong Sell 000000
Total 302828282626

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$205$260
Buy Maintains $205$260 +8.19% Jan 17, 2025
Mizuho
Mizuho
Buy
Maintains
$245$260
Buy Maintains $245$260 +8.19% Jan 10, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$233$265
Buy Maintains $233$265 +10.27% Dec 20, 2024
Barclays
Barclays
Buy
Maintains
$200$205
Buy Maintains $200$205 -14.69% Dec 16, 2024
JP Morgan
JP Morgan
Buy
Maintains
$210$250
Buy Maintains $210$250 +4.03% Dec 13, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
62.50B
from 51.57B
Increased by 21.18%
Revenue Next Year
72.17B
from 62.50B
Increased by 15.47%
EPS This Year
6.40
from 1.23
Increased by 418.99%
EPS Next Year
7.62
from 6.40
Increased by 19.03%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Nov 1, 2020 Oct 31, 2021 Oct 30, 2022 Oct 29, 2023 Nov 3, 2024 Nov 3, 2025 Nov 3, 2026 Nov 3, 2027
Revenue
23.89B27.45B33.20B35.82B51.57B62.50B72.17B82.18B
Revenue Growth
5.71%14.91%20.96%7.88%43.99%21.18%15.47%13.88%
EPS
0.631.502.653.301.236.407.628.92
EPS Growth
-1.58%136.97%76.67%24.53%-62.64%418.99%19.03%17.18%
Forward PE
-----37.5631.5526.93
No. Analysts -----443712
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 67.6B 83.8B 100.2B
Avg 62.5B 72.2B 82.2B
Low 57.9B 64.3B 61.5B

Revenue Growth

Revenue Growth 20252026202720282029
High
31.0%
34.1%
38.8%
Avg
21.2%
15.5%
13.9%
Low
12.3%
2.8%
-14.8%

EPS Forecast

EPS 20252026202720282029
High 7.18 8.70 10.86
Avg 6.40 7.62 8.92
Low 5.09 6.00 6.92

EPS Growth

EPS Growth 20252026202720282029
High
482.7%
36.0%
42.6%
Avg
419.0%
19.0%
17.2%
Low
313.0%
-6.3%
-9.2%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.