Broadcom Inc. (AVGO)
NASDAQ: AVGO · Real-Time Price · USD
137.00
-15.82 (-10.35%)
At close: Sep 6, 2024, 4:00 PM
137.84
+0.84 (0.61%)
Pre-market: Sep 9, 2024, 8:12 AM EDT
Broadcom Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for Broadcom stock have an average target of 187.02, with a low estimate of 120 and a high estimate of 240. The average target predicts an increase of 36.51% from the current stock price of 137.00.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Broadcom stock from 27 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 12 | 14 | 14 | 14 | 14 |
| Buy | 13 | 13 | 14 | 14 | 14 | 12 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 27 | 30 | 30 | 30 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $200 → $210 | Buy | Maintains | $200 → $210 | +53.28% | Sep 6, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $2,400 → $240 | Strong Buy | Maintains | $2,400 → $240 | +75.18% | Sep 6, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $200 | Buy | Reiterates | $200 | +45.99% | Sep 6, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $176 → $180 | Buy | Maintains | $176 → $180 | +31.39% | Sep 6, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $185 → $190 | Strong Buy | Maintains | $185 → $190 | +38.69% | Sep 6, 2024 |
Financial Forecast
Revenue This Year
52.48B
from 35.82B
Increased by 46.50%
Revenue Next Year
61.20B
from 52.48B
Increased by 16.63%
EPS This Year
4.87
from 3.30
Increased by 47.58%
EPS Next Year
6.17
from 4.87
Increased by 26.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 55.0B | 68.8B | 78.9B | ||
| Avg | 52.5B | 61.2B | 68.3B | ||
| Low | 49.9B | 56.1B | 62.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.6% | 31.0% | 28.9% | ||
| Avg | 46.5% | 16.6% | 11.5% | ||
| Low | 39.2% | 7.0% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.61 | 7.72 | 9.27 | ||
| Avg | 4.87 | 6.17 | 7.15 | ||
| Low | 3.77 | 4.88 | 5.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 70.0% | 58.6% | 50.3% | ||
| Avg | 47.6% | 26.7% | 16.0% | ||
| Low | 14.3% | 0.3% | -6.6% |
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.