Broadcom Inc. (AVGO)
NASDAQ: AVGO · Real-Time Price · USD
245.36
+5.68 (2.37%)
At close: Dec 26, 2024, 4:00 PM
246.30
+0.94 (0.38%)
After-hours: Dec 26, 2024, 7:59 PM EST
Broadcom Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Broadcom stock have an average target of 219.54, with a low estimate of 161.6 and a high estimate of 265. The average target predicts a decrease of -10.52% from the current stock price of 245.36.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Broadcom stock from 26 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 14 | 13 | 13 | 12 |
| Buy | 14 | 14 | 13 | 14 | 14 | 13 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30 | 30 | 28 | 28 | 28 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $233 → $265 | Buy | Maintains | $233 → $265 | +8.00% | Dec 20, 2024 |
| Barclays | Barclays | Buy Maintains $200 → $205 | Buy | Maintains | $200 → $205 | -16.45% | Dec 16, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $210 → $250 | Buy | Maintains | $210 → $250 | +1.89% | Dec 13, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $205 → $225 | Strong Buy | Maintains | $205 → $225 | -8.30% | Dec 13, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $210 → $255 | Strong Buy | Reiterates | $210 → $255 | +3.93% | Dec 13, 2024 |
Financial Forecast
Revenue This Year
62.14B
from 51.57B
Increased by 20.49%
Revenue Next Year
71.34B
from 62.14B
Increased by 14.80%
EPS This Year
6.34
from 1.23
Increased by 414.54%
EPS Next Year
7.55
from 6.34
Increased by 18.96%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 67.6B | 79.0B | 97.5B | ||
| Avg | 62.1B | 71.3B | 81.2B | ||
| Low | 57.4B | 64.3B | 61.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 31.0% | 27.1% | 36.7% | ||
| Avg | 20.5% | 14.8% | 13.8% | ||
| Low | 11.3% | 3.4% | -13.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 7.18 | 8.38 | 10.86 | |
| Avg | 6.34 | 7.55 | 8.94 | |
| Low | 4.83 | 6.17 | 7.11 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 482.7% | 32.1% | 43.9% | |
| Avg | 414.5% | 19.0% | 18.5% | |
| Low | 291.9% | -2.7% | -5.7% |
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.