Broadcom Inc. (AVGO)
NASDAQ: AVGO · Real-Time Price · USD
163.94
+0.69 (0.42%)
At close: Nov 21, 2024, 4:00 PM
163.90
-0.04 (-0.02%)
After-hours: Nov 21, 2024, 7:59 PM EST
Broadcom Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for Broadcom stock have an average target of 190.18, with a low estimate of 120 and a high estimate of 240. The average target predicts an increase of 16.01% from the current stock price of 163.94.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Broadcom stock from 28 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 14 | 14 | 13 | 13 |
| Buy | 14 | 14 | 14 | 13 | 14 | 14 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30 | 30 | 30 | 28 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $170 → $200 | Strong Buy | Maintains | $170 → $200 | +22.00% | Nov 4, 2024 |
| Mizuho | Mizuho | Buy Maintains $190 → $220 | Buy | Maintains | $190 → $220 | +34.20% | Oct 14, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $200 → $225 | Buy | Maintains | $200 → $225 | +37.25% | Oct 8, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $204 → $205 | Strong Buy | Maintains | $204 → $205 | +25.05% | Oct 8, 2024 |
| William Blair | William Blair | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Sep 18, 2024 |
Financial Forecast
Revenue This Year
52.70B
from 35.82B
Increased by 47.13%
Revenue Next Year
61.84B
from 52.70B
Increased by 17.34%
EPS This Year
4.93
from 3.30
Increased by 49.49%
EPS Next Year
6.29
from 4.93
Increased by 27.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 56.3B | 68.6B | 79.5B | ||
| Avg | 52.7B | 61.8B | 69.9B | ||
| Low | 50.5B | 57.3B | 64.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 57.0% | 30.2% | 28.5% | ||
| Avg | 47.1% | 17.3% | 13.0% | ||
| Low | 40.9% | 8.7% | 4.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.47 | 7.35 | 9.16 | ||
| Avg | 4.93 | 6.29 | 7.43 | ||
| Low | 3.77 | 4.83 | 6.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 65.9% | 49.1% | 45.6% | ||
| Avg | 49.5% | 27.6% | 18.1% | ||
| Low | 14.3% | -2.0% | -1.8% |
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.