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NVDA   846.71 (+0.76%)
AMD   155.08 (+0.69%)
NIO   4.00 (+2.30%)
BABA   68.88 (+0.09%)
T   16.33 (+1.30%)
F   12.06 (+0.17%)
MU   111.93 (-3.78%)
GE   152.94 (-1.75%)
CGC   7.83 (+20.65%)
DIS   112.43 (-0.45%)
AMC   2.92 (-2.01%)
PFE   25.39 (-0.12%)
PYPL   62.10 (-1.83%)
XOM   118.52 (-0.09%)
QQQ   423.41 (-0.57%)
AAPL   167.04 (-0.57%)
MSFT   404.27 (-1.84%)
META   501.80 (+1.54%)
GOOGL   156.01 (+0.35%)
AMZN   179.22 (-1.14%)
TSLA   149.93 (-3.55%)
NVDA   846.71 (+0.76%)
AMD   155.08 (+0.69%)
NIO   4.00 (+2.30%)
BABA   68.88 (+0.09%)
T   16.33 (+1.30%)
F   12.06 (+0.17%)
MU   111.93 (-3.78%)
GE   152.94 (-1.75%)
CGC   7.83 (+20.65%)
DIS   112.43 (-0.45%)
AMC   2.92 (-2.01%)
PFE   25.39 (-0.12%)
PYPL   62.10 (-1.83%)
XOM   118.52 (-0.09%)
QQQ   423.41 (-0.57%)
AAPL   167.04 (-0.57%)
MSFT   404.27 (-1.84%)
META   501.80 (+1.54%)
GOOGL   156.01 (+0.35%)
AMZN   179.22 (-1.14%)
TSLA   149.93 (-3.55%)
NVDA   846.71 (+0.76%)
AMD   155.08 (+0.69%)
NIO   4.00 (+2.30%)
BABA   68.88 (+0.09%)
T   16.33 (+1.30%)
F   12.06 (+0.17%)
MU   111.93 (-3.78%)
GE   152.94 (-1.75%)
CGC   7.83 (+20.65%)
DIS   112.43 (-0.45%)
AMC   2.92 (-2.01%)
PFE   25.39 (-0.12%)
PYPL   62.10 (-1.83%)
XOM   118.52 (-0.09%)

Broadcom (AVGO) Stock Forecast & Price Target

$1,258.99
-23.64 (-1.84%)
(As of 04:00 PM ET)

Broadcom Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 22 Analyst Ratings

Analysts' Consensus Price Target

$1,285.41
2.10% Upside
High Forecast$1,720.00
Average Forecast$1,285.41
Low Forecast$44.00
TypeCurrent Forecast
4/19/23 to 4/18/24
1 Month Ago
3/20/23 to 3/19/24
3 Months Ago
1/19/23 to 1/19/24
1 Year Ago
4/19/22 to 4/19/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
20 Buy rating(s)
16 Buy rating(s)
16 Buy rating(s)
14 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$1,285.41$1,154.45$964.68$679.21
Predicted Upside2.10% Upside5.91% Upside8.31% Upside19.29% Upside
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AVGO Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AVGO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Broadcom Stock vs. The Competition

TypeBroadcomComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.91
2.58
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside0.22% Upside114.79% Upside12.27% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/17/2024Barclays
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 Boost TargetOverweight ➝ Overweight$1,405.00 ➝ $1,500.00+15.94%
4/16/2024Evercore ISI
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 Initiated CoverageOutperform$1,620.00+23.60%
4/8/2024Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuy$1,500.00+11.99%
3/21/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$1,720.00+34.80%
3/21/2024JPMorgan Chase & Co.
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 Reiterated RatingOverweight ➝ Overweight$1,700.00+33.23%
3/21/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$1,500.00+17.55%
3/21/2024TD Cowen
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 UpgradeMarket Perform ➝ Outperform$1,400.00 ➝ $1,500.00+17.55%
3/7/2024Mizuho
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 Boost TargetBuy ➝ Buy$1,450.00 ➝ $1,550.00+14.81%
3/4/2024Cantor Fitzgerald
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C. Muse
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Boost TargetOverweight ➝ Overweight$1,300.00 ➝ $1,600.00+13.04%
3/1/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$1,100.00 ➝ $1,500.00+10.00%
2/28/2024Susquehanna
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 Boost TargetPositive ➝ Positive$1,400.00 ➝ $1,550.00+20.16%
2/26/2024UBS Group
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 Boost TargetBuy ➝ Buy$1,480.00+13.58%
1/19/2024The Goldman Sachs Group
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 Reiterated RatingBuy$1,325.00+15.83%
12/11/2023Citigroup
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 Reiterated RatingBuy$1,100.00+16.49%
12/8/2023Truist Financial
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 Boost TargetBuy ➝ Buy$995.00 ➝ $1,015.00+9.78%
12/8/2023Summit Insights
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 UpgradeHold ➝ Buy
11/24/2023KeyCorp
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 Boost TargetOverweight ➝ Overweight$1,000.00 ➝ $1,200.00+23.46%
9/5/2023Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$900.00 ➝ $1,000.00+14.61%
9/1/2023BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$890.00 ➝ $1,000.00+8.36%
9/1/2023Needham & Company LLC
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 Boost Target$33.00 ➝ $44.00-95.23%
9/1/2023Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$800.00 ➝ $900.00-2.48%
8/29/2023Piper Sandler
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 Boost TargetOverweight ➝ Overweight$830.00 ➝ $925.00+7.42%
7/19/2023Wolfe Research
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 Initiated CoverageMarket Perform
6/22/2023Bank of America
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 Boost Target$950.00 ➝ $1,050.00+23.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 04:49 PM ET.

AVGO Price Target - Frequently Asked Questions

What is Broadcom's consensus rating and price target?

According to the issued ratings of 22 analysts in the last year, the consensus rating for Broadcom stock is Moderate Buy based on the current 2 hold ratings and 20 buy ratings for AVGO. The average twelve-month price prediction for Broadcom is $1,285.41 with a high price target of $1,720.00 and a low price target of $44.00. Learn more on AVGO's analyst rating history.

Do Wall Street analysts like Broadcom more than its competitors?

Analysts like Broadcom more than other Computer and Technology companies. The consensus rating score for Broadcom is 2.91 while the average consensus rating score for computer and technology companies is 2.58. Learn more on how AVGO compares to other companies.

Is Broadcom being upgraded by Wall Street analysts?

Over the previous 90 days, Broadcom's stock had 1 upgrade by analysts.

Does Broadcom's stock price have much upside?

According to analysts, Broadcom's stock has a predicted upside of 11.45% based on their 12-month stock forecasts.


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This page (NASDAQ:AVGO) was last updated on 4/18/2024 by MarketBeat.com Staff

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