Broadcom Inc. (AVGO)

NASDAQ: AVGO · IEX Real-Time Price · USD
+20.72 (2.56%)
At close: Sep 22, 2023, 4:00 PM
+1.47 (0.18%)
After-hours: Sep 22, 2023, 7:59 PM EDT
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]

Industry Semiconductors
Sector Technology
IPO Date Aug 6, 2009
Employees 20,000
Stock Exchange NASDAQ
Ticker Symbol AVGO
Full Company Profile

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 Statements

Analyst 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.

Price Target
(16.44% upside)
Analyst Consensus: Buy
Stock Forecasts


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...

1 day ago - MarketBeat

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 ...

2 days ago - Yahoo Finance

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...

2 days ago - Investopedia

Cramer's Mad Dash on Broadcom: Google TPU story is patently false

CNBC's Jim Cramer delivers his daily Mad Dash.

2 days ago - CNBC Television

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...

2 days ago - Market Watch

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.

2 days ago - Barrons

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...

8 days ago - PRNewsWire

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

Other symbols: VMW
11 days ago - Barrons

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.

Other symbols: AAPLTSMQCOM
15 days ago - CNBC Television

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.

15 days ago - Business Insider

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...

18 days ago - GuruFocus

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...

22 days ago - Investopedia

Final Trades: Broadcom, Cleveland-Cliffs & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: CLFMMM
22 days ago - CNBC Television

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.

Other symbols: NTNX
22 days ago - Yahoo Finance

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.

22 days ago - CNBC Television

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.

22 days ago - Market Watch

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...

22 days ago - Market Watch

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...

Other symbols: DELLNTNX
23 days ago - Market Watch

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.

23 days ago - Barrons

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.

23 days ago - CNBC International TV

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.

23 days ago - Yahoo Finance

Broadcom stock slumps despite positive Q3 results

Christopher Rolland, Susquehanna Senior Analyst, joins 'Closing Bell Overtime' with reaction to Broadcom earnings.

23 days ago - CNBC Television

Broadcom Earnings Edge Estimates. The Stock Slips.

The chip maker sees promise in the artificial intelligence trend.

23 days ago - Barrons

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...

23 days ago - PRNewsWire

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...

23 days ago - MarketBeat