Q1 Earnings Estimate for Broadcom Issued By Zacks Research

Broadcom Inc. (NASDAQ:AVGO - Free Report) - Stock analysts at Zacks Research boosted their Q1 2025 EPS estimates for Broadcom in a research report issued on Thursday, January 2nd. Zacks Research analyst A. Ganguly now forecasts that the semiconductor manufacturer will post earnings per share of $1.21 for the quarter, up from their previous forecast of $1.10. The consensus estimate for Broadcom's current full-year earnings is $3.79 per share. Zacks Research also issued estimates for Broadcom's Q3 2025 earnings at $1.24 EPS, Q4 2025 earnings at $1.31 EPS, Q2 2026 earnings at $1.34 EPS, Q3 2026 earnings at $1.38 EPS, Q4 2026 earnings at $1.42 EPS and FY2027 earnings at $6.99 EPS.

Several other equities analysts have also recently issued reports on the stock. Citigroup lifted their price objective on shares of Broadcom from $175.00 to $205.00 and gave the stock a "buy" rating in a research note on Tuesday, December 10th. Rosenblatt Securities reissued a "buy" rating and set a $240.00 price objective on shares of Broadcom in a research note on Wednesday, December 11th. The Goldman Sachs Group boosted their target price on Broadcom from $185.00 to $190.00 and gave the stock a "buy" rating in a research report on Friday, September 6th. Morgan Stanley boosted their price objective on Broadcom from $233.00 to $265.00 and gave the stock an "overweight" rating in a report on Friday, December 20th. Finally, Robert W. Baird lifted their target price on shares of Broadcom from $195.00 to $210.00 and gave the stock an "outperform" rating in a research report on Friday, December 13th. Three equities research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $221.88.

Broadcom Price Performance

NASDAQ:AVGO traded up $0.57 during mid-day trading on Friday, reaching $232.55. 24,911,406 shares of the stock were exchanged, compared to its average volume of 28,218,604. Broadcom has a 1-year low of $104.15 and a 1-year high of $251.88. The company has a current ratio of 1.04, a quick ratio of 0.94 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $1.09 trillion, a PE ratio of 202.04, a PEG ratio of 2.15 and a beta of 1.13. The business has a fifty day moving average price of $190.08 and a 200 day moving average price of $173.46.

Broadcom (NASDAQ:AVGO - Get Free Report) last issued its quarterly earnings results on Thursday, December 12th. The semiconductor manufacturer reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.03. The company had revenue of $14.05 billion for the quarter, compared to analysts' expectations of $14.07 billion. Broadcom had a return on equity of 30.12% and a net margin of 10.88%. The firm's revenue for the quarter was up 51.2% on a year-over-year basis. During the same period last year, the firm earned $0.98 EPS.

Institutional Trading of Broadcom

Several institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp increased its stake in shares of Broadcom by 948.5% in the 3rd quarter. State Street Corp now owns 184,434,213 shares of the semiconductor manufacturer's stock valued at $31,814,902,000 after acquiring an additional 166,844,263 shares during the last quarter. Geode Capital Management LLC grew its holdings in Broadcom by 976.6% during the third quarter. Geode Capital Management LLC now owns 99,188,826 shares of the semiconductor manufacturer's stock valued at $17,055,760,000 after purchasing an additional 89,975,941 shares during the period. FMR LLC increased its stake in Broadcom by 1,121.3% in the third quarter. FMR LLC now owns 90,400,508 shares of the semiconductor manufacturer's stock valued at $15,594,088,000 after purchasing an additional 82,998,328 shares in the last quarter. Jennison Associates LLC raised its holdings in Broadcom by 842.4% in the third quarter. Jennison Associates LLC now owns 35,998,595 shares of the semiconductor manufacturer's stock worth $6,209,758,000 after purchasing an additional 32,178,542 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Broadcom by 975.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 33,819,675 shares of the semiconductor manufacturer's stock worth $5,833,894,000 after purchasing an additional 30,674,902 shares in the last quarter. Institutional investors own 76.43% of the company's stock.

Insiders Place Their Bets

In other Broadcom news, insider Charlie B. Kawwas sold 15,950 shares of the company's stock in a transaction on Friday, October 11th. The stock was sold at an average price of $181.44, for a total transaction of $2,893,968.00. Following the transaction, the insider now owns 737,330 shares of the company's stock, valued at approximately $133,781,155.20. This represents a 2.12 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark David Brazeal sold 18,900 shares of the firm's stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $182.88, for a total value of $3,456,432.00. Following the completion of the transaction, the insider now owns 380,560 shares in the company, valued at approximately $69,596,812.80. This represents a 4.73 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 154,408 shares of company stock worth $33,412,228 over the last three months. 2.00% of the stock is currently owned by corporate insiders.

Broadcom Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 1.01%. This is a boost from Broadcom's previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Monday, December 23rd. Broadcom's dividend payout ratio is 191.87%.

Broadcom Company Profile

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.