Broadcom Inc. (AVGO)
NASDAQ: AVGO · Real-Time Price · USD
172.69
-5.40 (-3.03%)
At close: Sep 27, 2024, 4:00 PM
172.35
-0.34 (-0.20%)
After-hours: Sep 27, 2024, 7:59 PM EDT
Broadcom Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for Broadcom stock have an average target of 186.89, with a low estimate of 120 and a high estimate of 240. The average target predicts an increase of 8.22% from the current stock price of 172.69.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 12 | 14 | 14 | 14 | 14 |
| Buy | 13 | 13 | 14 | 14 | 14 | 13 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 27 | 30 | 30 | 30 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| William Blair | William Blair | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Sep 18, 2024 |
| UBS | UBS | Strong Buy Maintains $174 → $170 | Strong Buy | Maintains | $174 → $170 | -1.56% | Sep 9, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $200 → $210 | Buy | Maintains | $200 → $210 | +21.61% | Sep 6, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $2,400 → $240 | Strong Buy | Maintains | $2,400 → $240 | +38.98% | Sep 6, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $200 | Buy | Reiterates | $200 | +15.81% | Sep 6, 2024 |
Financial Forecast
Revenue This Year
52.64B
from 35.82B
Increased by 46.96%
Revenue Next Year
61.77B
from 52.64B
Increased by 17.35%
EPS This Year
4.91
from 3.30
Increased by 48.88%
EPS Next Year
6.26
from 4.91
Increased by 27.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 54.7B | 67.2B | 79.5B | ||
| Avg | 52.6B | 61.8B | 69.6B | ||
| Low | 50.5B | 56.9B | 64.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 52.6% | 27.6% | 28.6% | ||
| Avg | 47.0% | 17.4% | 12.7% | ||
| Low | 40.9% | 8.2% | 4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.47 | 7.35 | 9.16 | ||
| Avg | 4.91 | 6.26 | 7.37 | ||
| Low | 3.77 | 4.97 | 5.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 65.9% | 49.7% | 46.1% | ||
| Avg | 48.9% | 27.6% | 17.7% | ||
| Low | 14.3% | 1.2% | -5.4% |
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.