FY2025 EPS Estimates for Broadcom Boosted by Zacks Research

Key Points

• Zacks Research has raised its FY2025 earnings per share estimate for Broadcom to $5.45, slightly up from the previous estimate of $5.39.
• Broadcom reported a quarterly EPS of $1.69, exceeding analyst expectations of $1.66, and experienced a 22% year-over-year revenue increase to $15.95 billion.
• Broadcom's stock has been assigned multiple "buy" ratings, with price targets ranging from $375 to $420 by various analysts, reflecting positive sentiment in the market.

Broadcom Inc. (NASDAQ:AVGO - Free Report) - Investment analysts at Zacks Research increased their FY2025 EPS estimates for Broadcom in a research note issued to investors on Tuesday, October 14th. Zacks Research analyst Team now expects that the semiconductor manufacturer will post earnings per share of $5.45 for the year, up from their previous estimate of $5.39. The consensus estimate for Broadcom's current full-year earnings is $5.38 per share. Zacks Research also issued estimates for Broadcom's Q4 2025 earnings at $1.52 EPS, Q1 2026 earnings at $1.54 EPS, Q2 2026 earnings at $1.55 EPS, Q3 2026 earnings at $1.69 EPS, Q4 2026 earnings at $1.84 EPS, FY2026 earnings at $6.62 EPS, Q1 2027 earnings at $1.67 EPS, Q2 2027 earnings at $1.69 EPS, Q3 2027 earnings at $1.78 EPS and FY2027 earnings at $6.91 EPS.

Broadcom (NASDAQ:AVGO - Get Free Report) last released its earnings results on Thursday, September 4th. The semiconductor manufacturer reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.03. Broadcom had a net margin of 31.59% and a return on equity of 36.60%. The firm had revenue of $15.95 billion during the quarter, compared to analyst estimates of $15.82 billion. During the same period last year, the business earned $1.24 earnings per share. The business's revenue was up 22.0% on a year-over-year basis. Broadcom has set its Q4 2025 guidance at EPS.

AVGO has been the subject of a number of other reports. Argus boosted their price objective on shares of Broadcom from $285.00 to $375.00 and gave the stock a "buy" rating in a report on Monday, September 8th. Sanford C. Bernstein boosted their price objective on shares of Broadcom from $295.00 to $400.00 and gave the stock an "outperform" rating in a report on Friday, September 5th. Arete Research upgraded shares of Broadcom to a "strong-buy" rating in a report on Monday, July 28th. Deutsche Bank Aktiengesellschaft set a $400.00 price objective on shares of Broadcom and gave the stock a "buy" rating in a report on Tuesday. Finally, Bank of America boosted their price objective on shares of Broadcom from $300.00 to $400.00 and gave the stock a "buy" rating in a report on Friday, September 5th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $372.33.

Broadcom Price Performance

AVGO stock opened at $351.33 on Thursday. Broadcom has a 52-week low of $138.10 and a 52-week high of $374.23. The firm has a market capitalization of $1.66 trillion, a price-to-earnings ratio of 89.63, a PEG ratio of 1.91 and a beta of 1.20. The firm has a 50 day moving average price of $325.83 and a 200-day moving average price of $266.04. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.37 and a current ratio of 1.50.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Horst & Graben Wealth Management LLC lifted its stake in shares of Broadcom by 1.9% during the 3rd quarter. Horst & Graben Wealth Management LLC now owns 5,974 shares of the semiconductor manufacturer's stock valued at $1,971,000 after buying an additional 113 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its stake in Broadcom by 2.4% in the 3rd quarter. Capital Advisors Wealth Management LLC now owns 13,476 shares of the semiconductor manufacturer's stock worth $4,446,000 after purchasing an additional 310 shares in the last quarter. V2 Financial group LLC purchased a new stake in Broadcom in the 3rd quarter worth $227,000. Yeomans Consulting Group Inc. lifted its stake in Broadcom by 30.5% in the 3rd quarter. Yeomans Consulting Group Inc. now owns 3,592 shares of the semiconductor manufacturer's stock worth $1,198,000 after purchasing an additional 839 shares in the last quarter. Finally, Park Capital Management LLC WI lifted its stake in Broadcom by 7.5% in the 3rd quarter. Park Capital Management LLC WI now owns 4,632 shares of the semiconductor manufacturer's stock worth $1,528,000 after purchasing an additional 324 shares in the last quarter. Hedge funds and other institutional investors own 76.43% of the company's stock.

Insider Activity

In other news, CFO Kirsten M. Spears sold 7,498 shares of the business's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $347.66, for a total transaction of $2,606,754.68. Following the completion of the sale, the chief financial officer owned 313,330 shares of the company's stock, valued at $108,932,307.80. The trade was a 2.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Henry Samueli sold 368,797 shares of the business's stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $337.91, for a total transaction of $124,620,194.27. Following the sale, the director directly owned 37,722,534 shares of the company's stock, valued at approximately $12,746,821,463.94. The trade was a 0.97% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 3,550 shares of company stock worth $1,227,869 and have sold 664,471 shares worth $225,184,128. 2.00% of the stock is currently owned by insiders.

Broadcom Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 22nd were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.7%. Broadcom's payout ratio is presently 60.20%.

About Broadcom

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.

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