Broadcom Inc. (AVGO)
| Market Cap | 771.54B |
| Revenue (ttm) | 42.62B |
| Net Income (ttm) | 10.27B |
| Shares Out | 465.49M |
| EPS (ttm) | 23.25 |
| PE Ratio | 71.29 |
| Forward PE | 32.32 |
| Dividend | $21.00 (1.27%) |
| Ex-Dividend Date | Jun 24, 2024 |
| Volume | 3,238,050 |
| Open | 1,640.80 |
| Previous Close | 1,640.80 |
| Day's Range | 1,622.00 - 1,659.20 |
| 52-Week Range | 795.09 - 1,851.62 |
| Beta | 1.18 |
| Analysts | Strong Buy |
| Price Target | 1,738.56 (+4.89%) |
| Earnings Date | Jun 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 29 analysts, the average rating for AVGO stock is "Strong Buy." The 12-month stock price forecast is $1,738.56, which is an increase of 4.89% from the latest price.
News
Stocks To Watch in July
The S&P 500 closed at a record high seven times in June as a string of earnings reports from the likes of Broadcom (AVGO) and Oracle (ORCL) showed demand for artificial intelligence (AI) and the wares...
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CNBC's Jim Cramer on Friday analyzed stocks that helped the S&P 500 see significant gains this year so far, highlighting the top ten performers during the second quarter. Many of last quarter's winnin...
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Broadcom on track to lose a Boeing's worth of market cap amid five-session slide
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Broadcom Stock Has Stumbled. Why This Analyst Is Backing the Custom AI Chip Maker.
The stock has fallen back from recent highs but BoA Securities analyst Vivek Arya is raising his target price.
Broadcom Stock Slumps Amid Momentum Shift—Key Price Levels to Watch
Broadcom (AVGO) shares fell nearly 4% on Monday, joining a sell-off in other leading chipmakers, as investors booked profits in some of this year's best performing stocks that have ridden Wall Street'...
VMware is a 'game changer' for Broadcom, says Hightower's Stephanie Link
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Broadcom Pulls A Nvidia As Shares Reverse, Appear Likely To Refill Gap: Chart
Shares of Broadcom Inc. AVGO have reversed, and they also could be about to refill a gap. This means the stock may make a meaningful move lower.
Why Broadcom's stock just got its most upbeat endorsement yet
There are many reasons to keep liking Broadcom Inc.'s stock, according to an analyst who just became Wall Street's most bullish.
11 favored semiconductor stocks expected to outperform Nvidia over the next year
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VMware Explore 2024, the Industry's Essential Cloud Conference, Returns to Las Vegas and Barcelona
Broadcom today previewed highlights of VMware Explore 2024, the industry's essential cloud event, which will kickoff in Las Vegas on August 26–29, 2024
Exclusive: China's ByteDance working with Broadcom to develop advanced AI chip, sources say
China's ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok's owner secure sufficient...
Buy these 3 stocks that could soon join the trillion-dollar club
The AI driven massive surge in Nvidia Corp has pushed it market cap well above the $3.0 trillion mark. Meanwhile, these three stocks look ripe to hit their first trillion in valuation.
S&P 500 Gains and Losses Today: Index Edges Lower as AI-Fueled Rally Loses Steam
Major U.S. equities indexes were mixed to close out the trading week. The sluggish performance for the stock markets on Friday came amid reports that existing home sales and the Conference Board's Lea...
Broadcom's Bull Run: Key Indicators Behind 100% Surge To All-Time High
Broadcom Inc. AVGO has been on an impressive upward trajectory, up 100% over the past year and increasing 56% year-to-date. The stock touched a new record high of $1,851.62 on Tuesday.
Broadcom's Symantec Cloud Secure Web Gateway Receives FedRAMP Authorization
PALO ALTO, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced its Symantec Cloud Secure Web Gateway (SWG) solution received Federal Risk and Authorization Managemen...
Symantec Cybersecurity Solutions Assessed to Combat Ransomware and Emerging Threats for Australian Government Entities
PALO ALTO, Calif., June 18, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced that Symantec Endpoint Security, Symantec Network Protection and Symantec DLP Cloud solutions have com...
Three-Stock Lunch: Virgin Galactic, Chipotle & Broadcom
Quint Tatro, Joule Financial president, joins 'Power Lunch' to discuss plays for these three stocks: Virgin Galactic, Chipotle, and Broadcom.
Nasdaq 100, Dow Jones, S&P 500 News: Chipmakers Drive Market Higher; Broadcom Hits Record
Given the mixed retail sales data and the ongoing strength in key technology stocks, the S&P 500 and Nasdaq 100 Index outlook remains optimistic.
Broadcom stock analysis: AVGO could hit a $1 trillion valuation
Broadcom (NASDAQ: AVGO) stock price has gone parabolic since the company published encouraging financial results last week. It soared to a high of $1,828 on Monday, pushing its market cap to over $807...
Longtime Broadcom watcher says the company is primed to catch the AI wave
Dave Nicholson of The Futurum Group sees Broadcom as a critical player in the AI ecosystem, which will benefit from its positioning in network building capabilities.
Broadcom just keeps getting bigger as it's deemed best AI stock besides Nvidia
Broadcom Inc.'s stock is getting a big boost in Monday's session, one that could further its climb up the ranks of the largest U.S. companies.