Broadcom Inc. (AVGO)
| Market Cap | 1.03T |
| Revenue (ttm) | 51.57B |
| Net Income (ttm) | 5.90B |
| Shares Out | 4.67B |
| EPS (ttm) | 1.23 |
| PE Ratio | 171.16 |
| Forward PE | 34.83 |
| Dividend | $2.36 (1.07%) |
| Ex-Dividend Date | Dec 23, 2024 |
| Volume | 130,578,098 |
| Open | 220.36 |
| Previous Close | 218.32 |
| Day's Range | 218.91 - 230.29 |
| 52-Week Range | 104.15 - 251.88 |
| Beta | 1.15 |
| Analysts | Strong Buy |
| Price Target | 219.54 (-0.57%) |
| 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 2024, Broadcom's revenue was $51.57 billion, an increase of 43.99% compared to the previous year's $35.82 billion. Earnings were $5.90 billion, a decrease of -58.14%.
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for AVGO stock is "Strong Buy." The 12-month stock price forecast is $219.54, which is a decrease of -0.57% from the latest price.
News
Could This Artificial Intelligence (AI) Stock Be the Next Nvidia?
Broadcom's (AVGO 1.13%) shares surged by nearly 25% after the company posted an impressive financial performance for the fourth quarter of fiscal 2024 (ended Nov. 3). This leading custom chip designer...
Missed Out on Nvidia: 1 No-Brainer Artificial Intelligence (AI) Stock to Buy Before It Crushes the Market in 2025, and Beyond
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Why Investors Were Sweet on Stock-Split Stock Broadcom Today
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Stock Market Today: Muted Inflation Data Sparks Relief Rally
Encouraging news about the path of consumer prices sent risk assets soaring again.
Broadcom: Custom Compute Chips Remain Growth Tailwinds - Buy The Upcoming Correction
AVGO's robust growth prospects are driven by the growing hyperscaler demand for custom ASICs, one that is likely to be a top/ bottom-line driver through FY2027. If anything, the management has already...
AVGO's Long-Term "A.I. Growth Story" Against NVDA
Morgan Stanley bumped up its price target for Broadcom (AVGO) following a notable rally over the last week. It says the company has "potential for an A.I.
Nvidia and Broadcom are our top hyperscaler picks, says Melius Research's Ben Reitzes
Ben Reitzes, Melius Research head of technology research, joins 'Money Movers' to discuss Reitzes' thoughts on technology giant Nvidia, Wall Street's discussion around Jensen Huang's company and much ...
3 Chip Stocks to Buy for 2025, According to Morgan Stanley
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Why Broadcom's stock is this analyst's top chip pick for 2025, with 37% upside
Broadcom's stock is bucking Friday's tech-sector declines as a Jefferies analyst highlighted rosy pricing and earnings-growth opportunities.
Our Twist Take On Wall Street's New Sweetheart: Upgrading Broadcom To Buy
Broadcom Inc. reported its 4QFY24 earning results and outlook this month, causing the stock to skyrocket by +30% on the one-month chat. We like the stock for its unique position in AI custom ASIC with...
Could This AI Stock Be the Next Nvidia?
In today's video, I discuss Broadcom (AVGO -2.37%), its business strategy, growth opportunities, potential risks, and why artificial intelligence stock investors should not ignore this semiconductor s...
Broadcom Expects Decade-Long AI Chip Boom as Big Tech Invest Billions
Broadcom Inc AVGO chief Hock Tan expressed enormous conviction over the sustainability of the artificial intelligence frenzy as Alphabet Inc GOOG GOOGL Google, Meta Platforms Inc META and TikTok paren...
Broadcom's CEO plays down an Intel bid: 'No hostile offers'
Broadcom's CEO says he's too busy riding the AI wave to consider a takeover of rival Intel. In an interview with the Financial Times, Hock Tan said he had no interest in "hostile takeovers.
Better Semiconductor Stock: AMD vs. Broadcom
Semiconductor stocks are a great area to invest in. The industry had a strong 2024 with global sales up 19% year over year and more growth expected in 2025.
Why This AI Company Could Be the Best Stock-Split Buy Heading Into 2025
It has been an eventful year for investors in Broadcom (AVGO -2.37%). The stock has more than doubled in value over the past 12 months.
EXCLUSIVE: Nvidia, Broadcom Tipped To Dominate AI Compute Wave By Kurv CEO
Move over, software darlings. The future of tech is being etched in silicon, and chipmakers like NVIDIA Corp NVDA and Broadcom Inc AVGO are writing the playbook.
Riding The AI Wave: Why Broadcom Deserves A Spot In Your Portfolio
Broadcom's stock has surged higher in 2024, driven by the promise of synergies from the VMware acquisition and robust AI revenue growth. AI networking revenue soared 158% year-on-year in its fiscal fo...
MU Getting "Clubbed," AVGO & NVDA Competition Heating Up
Kim Forrest says “A.I. is still winning.
1 Wall Street Analyst Thinks Broadcom Is Going to $260. Is It a Buy Now?
Shares of Broadcom (AVGO -6.91%) are suddenly soaring. The diversified semiconductor company impressed the market with its fiscal 2024 fourth-quarter earnings report last week, in particular its artif...
Nvidia vs. Broadcom: Which Is the Better AI Chip Stock to Own in 2025?
When it came to artificial intelligence (AI) infrastructure in 2024, Nvidia (NVDA -1.14%) reigned supreme. However, Broadcom (AVGO -6.91%) will be looking to challenge the chipmaker in 2025.
Will Broadcom Stock Have Its 'Nvidia Moment' in 2025?
Chipmaker Broadcom's (AVGO) latest earnings-fueled rise has made it the newest member of the $1 trillion dollar club. But what's next for the stock?
Billionaire Stanley Druckenmiller Sold 95% of Duquesne's Stake in Palantir and Is Piling Into This Trillion-Dollar Artificial Intelligence (AI) Stock Instead
The fourth quarter has been packed with important data releases. In November, investors received hundreds of earnings reports from Wall Street's most-influential businesses, the much-anticipated elect...
Broadcom: Joining The $1 Trillion Club
Broadcom's stock surged due to exceptional 1Q25 results, joining the $1 trillion market valuation club, driven by AI advancements and a strong Apple partnership. Broadcom's consistent profit outperfor...
Broadcom has more room to run than Nvidia, says Mizuho's Vijay Rakesh
Vijay Rakesh, Mizuho senior semiconductor analyst, joins 'The Exchange' to discuss the chip wars between Nvidia and Broadcom.