Broadcom Inc. (AVGO)
| Market Cap | 342.19B |
| Revenue (ttm) | 35.45B |
| Net Income (ttm) | 13.87B |
| Shares Out | 412.74M |
| EPS (ttm) | 32.52 |
| PE Ratio | 25.49 |
| Forward PE | 18.67 |
| Dividend | $18.40 (2.22%) |
| Ex-Dividend Date | Sep 20, 2023 |
| Volume | 2,779,501 |
| Open | 811.24 |
| Previous Close | 808.36 |
| Day's Range | 810.38 - 830.58 |
| 52-Week Range | 415.07 - 923.67 |
| Beta | 1.12 |
| Analysts | Buy |
| Price Target | 965.36 (+16.44%) |
| Earnings Date | Aug 31, 2023 |
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 2022, Broadcom's revenue was $33.20 billion, an increase of 20.96% compared to the previous year's $27.45 billion. Earnings were $11.22 billion, an increase of 74.35%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for AVGO stock is "Buy." The 12-month stock price forecast is $965.36, which is an increase of 16.44% from the latest price.
News
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Despite the meteoric rise of AI-related stocks, including Broadcom, and especially Nvidia, growth stocks like these typically plow earnings back into projects with high revenue potential, such as AI c...
Google reportedly looking to drop chip-provider Broadcom by 2027
According to a report by Reuters, Google (GOOG, GOOGL) may drop Broadcom (AVGO) as their supplier of AI chips by 2027. The report details that Google could design the chips — called tensor processing ...
Broadcom Shares Fall After Report Google Doesn't Want To Buy Its AI Chips
Shares of Broadcom Inc. (AVGO) slid nearly 4% in early trading Thursday after an unconfirmed report said Alphabet Inc. (GOOGL) subsidiary Google may drop the chipmaker in favor of producing tensor pro...
Cramer's Mad Dash on Broadcom: Google TPU story is patently false
CNBC's Jim Cramer delivers his daily Mad Dash.
Broadcom's stock tumbles as potential loss of Google business would dent AI story
Broadcom Inc. shares were falling more than 6% in premarket trading Thursday after a report indicated that executives at Google have thought about ditching the company as its supplier of artificial-in...
Broadcom Stock Is Plunging. The Google AI Chip Deal May Be at Risk.
Google executives have had extensive discussions about dropping Broadcom as a supplier of artificial-intelligence chips as early as 2027, according to a report.
Sercomm Unveils Its Latest RDK Video Accelerator STB Offering Based on Broadcom BCM72126 at the RDK Global Summit 2023 in Amsterdam
AMSTERDAM , Sept. 15, 2023 /PRNewswire/ -- Sercomm Corporation (TWSE: 5388), a leading global manufacturer of entertainment and broadband equipment, announced today the availability of Stiletto, the c...
VMware Investors Should Take Stock Option in Broadcom Deal
The equity option is worth more to VMware investors in the $75 billion merger due to close on Oct. 30
3 Buys and a bail: AAPL, AVGO, TSM & QCOM
Danielle Shay, Simpler Trading VP of options, joins 'The Exchange' to share three buys and a bail, including; Apple, Broadcom, Taiwan Semi and Qualcomm.
These 10 stocks have the most exposure to China's 'stalling' economy, BofA warns
China's "stalling" economy is putting some US companies at risk, according to Bank of America. High rates of youth unemployment and recent property defaults have put pressure on the Chinese economy.
Broadcom: Silicon to Software
Hyperscale spending on generative artificial intelligence is driving significant growth in the technology industry. Companies like Broadcom Inc. ( AVGO , Financial) are experiencing a surge in revenue...
Broadcom's Guidance Falls Short on Phone Chip Sales, Less-Than-Expected AI Boost
Broadcom's (AVGO) current quarter guidance missed estimates as demand for its chips for smartphones slowed, and the expected strong gains from the artificial intelligence (AI) boom appeared to fall sh...
Final Trades: Broadcom, Cleveland-Cliffs & more
The "Halftime Report" traders give their top picks to watch for the second half.
Peng delivieries, Nutanix, Broadcom stock: Trending tickers September 1, 2023
Yahoo Finance Live's Brad Smith and Rachelle Akuffo break down the top trending stocks after Friday's opening bell which include Xpeng, Nutanix, and Broadcom.
Here's why Piper Sandler's Kumar loves Broadcom stock
Harsh Kumar, Piper Sandler analyst, joins 'Squawk on the Street' to discuss the catalyst to the upside for Broadcom's stock, what's warranted to be priced into the stock, and more.
Broadcom underwhelms amid ‘sky-high' AI expectations
Investors spent the first half of the year driving up shares of companies thought to factor into the artificial-intelligence revolution, but now they're starting to show more exacting standards.
Broadcom stock slips after earnings as forecast fails to bring upside
Broadcom Inc. shares slipped 4% in premarket trading Friday after the chip and software company delivered a revenue forecast for the current quarter that failed to offer upside versus the consensus vi...
Nutanix and Dell shares rally after results, while Broadcom's stock falls and more moving shares
Nutanix Inc.'s NTNX, +0.94% stock soared more than 18% after quarterly revenue and earnings surpassed analyst estimates, and fiscal first-quarter sales guidance blew past forecasts. The company also a...
Broadcom Isn't Delivering Nvidia-Type Beats. Why You Should Back Its AI Growth Anyway.
The stock was falling in premarket trading on Friday, with investors seemingly disappointed by its earnings.
Broadcom has done a 'really good job' with its pricing power strategy: Analyst
Patrick Moorhead of Moor Insights & Strategy discusses Broadcom's earnings and his outlook for the company.
Broadcom earnings best estimates, forecast disappoints
Broadcom's (AVGO) third quarter results beat Wall Street estimates on both the top and bottom lines. The company reported adjusted earnings per share of $10.54 versus expectations of $10.43 per share.
Broadcom stock slumps despite positive Q3 results
Christopher Rolland, Susquehanna Senior Analyst, joins 'Closing Bell Overtime' with reaction to Broadcom earnings.
Broadcom Earnings Edge Estimates. The Stock Slips.
The chip maker sees promise in the artificial intelligence trend.
Broadcom Inc. Announces Third Quarter Fiscal Year 2023 Financial Results and Quarterly Dividend
Revenue of $8,876 million for the third quarter, up 5 percent from the prior year period Adjusted EBITDA of $5,801 million for the third quarter Non-GAAP diluted EPS of $10.54 for the third quarter; G...
The Top 5 High Yield Blue Chip Dividend-Paying Tech Stocks
After a careful search, the top five high-yield blue-chip dividend-paying tech stocks have been rooted out. These companies are all leaders in their field, supported by secular trends, producing solid...