Broadcom/AVGO

$1,313.15

-0.92%
-
1D1W1MYTD1YMAX

About Broadcom

Broadcom Inc. is a global technology company that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. The Company operates through two segments: semiconductor solutions and infrastructure software. The Company's semiconductor solutions segment includes all of its product lines and intellectual property (IP) licensing. It provides semiconductor solutions for managing the movement of data in data center, service provider and enterprise networking applications. Its infrastructure software segment includes its mainframe, distributed and cyber security solutions, and its fiber channel storage area networking (FC SAN) business. It provides a portfolio of software solutions that enables customers to plan, develop, automate, manage and secure applications across mainframe, distributed, mobile and cloud platforms. Its product portfolio serves markets, including cloud, data center, networking, broadband, wireless and enterprise software.

Ticker

AVGO

Sector

Technology

Trading on

NASDAQ

Industry

Semiconductors

CEO

Hock Tan

Employees

20,000

Headquarters

Palo alto, United States

Broadcom Metrics

BasicAdvanced
$604B
Market cap
48.30
P/E ratio
$26.98
EPS
1.19
Beta
$19.05
Dividend rate
1.61%
Dividend yield
$604B
1.18811
$1,438.17
$615.86
2.9M
$19.05
1.335
1.241
104.53
107.992
70.4%
82.409
7.07%
9.23%
24.75%
10.39%
48.303
15.538
8.584
58.979
2.92%
1.46%
1.61%
12.94%
-9.65%
14.46%
73.38%
12.28%

What the Analysts think about Broadcom

Analyst Ratings

Majority rating from 35 analysts.
Buy

Price Targets

Average projection from 28 analysts.
16.13% upside
High $1,720.00
Low $1,110.00
$1,313.15
Current price
$1,524.90
Average price target

Broadcom Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
11.07% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$12B
28.68%
Net income
$1.3B
-62.4%
Profit margin
11.07%
-70.8%

Broadcom Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 6.78%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$10.32
$10.54
$11.06
$10.99
-
Expected
$10.08
$10.42
$10.98
$10.29
$10.76
Surprise
2.36%
1.12%
0.71%
6.78%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Broadcom stock?

Broadcom (AVGO) has a market cap of $604B as of May 09, 2024.

What is the P/E ratio for Broadcom stock?

The price to earnings (P/E) ratio for Broadcom (AVGO) stock is 48.3 as of May 09, 2024.

Does Broadcom stock pay dividends?

Yes, the Broadcom (AVGO) stock pays dividends to shareholders. As of May 09, 2024, the dividend rate is $19.05 and the yield is 1.61%. Broadcom has a payout ratio of 70.4% on a trailing twelve-month basis.

When is the next Broadcom dividend payment date?

The next Broadcom (AVGO) dividend payment date is unconfirmed.

What is the beta indicator for Broadcom?

Broadcom (AVGO) has a beta rating of 1.19. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Broadcom stock price target?

The target price for Broadcom (AVGO) stock is $1524.9, which is 16.72% above the current price of $1306.51. This is an average based on projections from 28 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Broadcom stock

Buy or sell Broadcom stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing