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DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:AVGO

Broadcom Stock Forecast, Price & News

$445.85
-6.22 (-1.38 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$440.66
Now: $445.85
$450.00
50-Day Range
$394.95
MA: $425.32
$452.07
52-Week Range
$155.67
Now: $445.85
$458.50
Volume1.82 million shs
Average Volume1.69 million shs
Market Capitalization$181.33 billion
P/E Ratio70.88
Dividend Yield3.23%
Beta1.05
Broadcom Inc. designs, develops, and supplies a range of 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 through three segments: Semiconductor Solutions, Infrastructure Software, and Intellectual Property licensing. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; Wireless local area network access point SoCs; Ethernet switching and routing application specific standard products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic laser and receiver components. The company also offers RF front end modules, filters, and power amplifiers; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; serial attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express switches; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; and optocouplers, industrial fiber optics, motion control encoders and subsystems, and light emitting diodes. In addition, it provides mainframe and enterprise software solution and cybersecurity solutions. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. The company has a collaboration agreement with Liqid Inc. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California.
Broadcom logo

MarketRank

Overall MarketRank

2.29 out of 5 stars

Computer And Technology Sector

21st out of 1,258 stocks

Semiconductors & Related Devices Industry

4th out of 133 stocks

Analyst Opinion: 2.4Community Rank: 3.6Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
Current SymbolNASDAQ:AVGO
CUSIPY0486S10
Phone408-433-8000
Employees21,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$23.89 billion
Cash Flow$37.25 per share
Book Value$58.70 per share

Profitability

Net Income$2.96 billion

Miscellaneous

Market Cap$181.33 billion
Next Earnings Date3/11/2021 (Estimated)
OptionableOptionable
$445.85
-6.22 (-1.38 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Broadcom (NASDAQ:AVGO) Frequently Asked Questions

How has Broadcom's stock price been impacted by COVID-19 (Coronavirus)?

Broadcom's stock was trading at $245.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AVGO stock has increased by 81.3% and is now trading at $445.85.
View which stocks have been most impacted by COVID-19
.

Is Broadcom a buy right now?

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadcom in the last twelve months. There are currently 5 hold ratings and 24 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Broadcom stock.
View analyst ratings for Broadcom
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Broadcom?

Wall Street analysts have given Broadcom a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Broadcom wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Broadcom's next earnings date?

Broadcom is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for Broadcom
.

How were Broadcom's earnings last quarter?

Broadcom Inc. (NASDAQ:AVGO) released its quarterly earnings results on Wednesday, December, 9th. The semiconductor manufacturer reported $6.35 EPS for the quarter, beating the Zacks' consensus estimate of $6.25 by $0.10. The semiconductor manufacturer earned $6.47 billion during the quarter, compared to analyst estimates of $6.43 billion. Broadcom had a return on equity of 35.23% and a net margin of 12.39%. The firm's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the prior year, the business posted $5.39 EPS.
View Broadcom's earnings history
.

How often does Broadcom pay dividends? What is the dividend yield for Broadcom?

Broadcom declared a quarterly dividend on Thursday, December 10th. Investors of record on Monday, December 21st will be given a dividend of $3.60 per share on Thursday, December 31st. This represents a $14.40 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Friday, December 18th. This is a boost from Broadcom's previous quarterly dividend of $3.25.
View Broadcom's dividend history
.

Is Broadcom a good dividend stock?

Broadcom pays an annual dividend of $14.40 per share and currently has a dividend yield of 3.23%. Broadcom has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Broadcom is 78.05%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Broadcom will have a dividend payout ratio of 60.86% next year. This indicates that Broadcom will be able to sustain or increase its dividend.
View Broadcom's dividend history.

What guidance has Broadcom issued on next quarter's earnings?

Broadcom issued an update on its first quarter 2021 After-Hours earnings guidance on Thursday, December, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $6.6-6.6 billion, compared to the consensus revenue estimate of $6.52 billion.

What price target have analysts set for AVGO?

29 brokerages have issued twelve-month price objectives for Broadcom's shares. Their forecasts range from $215.00 to $480.00. On average, they expect Broadcom's stock price to reach $417.81 in the next year. This suggests that the stock has a possible downside of 6.3%.
View analysts' price targets for Broadcom
or view Wall Street analyst' top-rated stocks.

Who are some of Broadcom's key competitors?

What other stocks do shareholders of Broadcom own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Broadcom investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), The Walt Disney (DIS), QUALCOMM (QCOM), Intel (INTC), salesforce.com (CRM), AbbVie (ABBV) and Cisco Systems (CSCO).

Who are Broadcom's key executives?

Broadcom's management team includes the following people:
  • Mr. Hock E. Tan, CEO, Pres & Exec. Director (Age 68, Pay $2.37M)
  • Mr. Thomas H. Krause Jr., CFO & Sec. (Age 42, Pay $772.24k)
  • Mr. Mark D. Brazeal, Chief Legal Officer (Age 52, Pay $752.24k)
  • Dr. Charlie B. Kawwas, Sr. VP & Chief Sales Officer (Age 49, Pay $856.75k)
  • Mr. Boon Chye Ooi, Sr. VP of Global Operations (Age 66)
  • Ms. Kirsten M. Spears, Chief Financial Officer (Age 56)
  • Mr. Andy Nallappan, Chief Information Officer & VP of Global Technology & Solutions
  • Ms. Beatrice F. Russotto, Director of Investor Relations
  • Ms. Debbie Streeter, VP of HR
  • Mr. Frank Ostojic, Sr. VP & GM of ASIC Products Division

What is Broadcom's stock symbol?

Broadcom trades on the NASDAQ under the ticker symbol "AVGO."

Who are Broadcom's major shareholders?

Broadcom's stock is owned by a number of institutional and retail investors. Top institutional investors include Gateway Investment Advisers LLC (0.04%), Donaldson Capital Management LLC (0.03%), Gofen & Glossberg LLC IL (0.03%), RNC Capital Management LLC (0.03%), Signature Estate & Investment Advisors LLC (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Broadcom stock include Bryan Ingram, Charlie B Kawwas, Eddy W Hartenstein, Harry L You, Henry Samueli, Hock E Tan, Justine Lien, Kirsten M Spears, Mark David Brazeal, Raul J Fernandez and Thomas H Krause.
View institutional ownership trends for Broadcom
.

Which institutional investors are selling Broadcom stock?

AVGO stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Bainco International Investors, Gateway Investment Advisers LLC, XR Securities LLC, Signature Estate & Investment Advisors LLC, CHURCHILL MANAGEMENT Corp, RNC Capital Management LLC, and Crossmark Global Holdings Inc.. Company insiders that have sold Broadcom company stock in the last year include Charlie B Kawwas, Eddy W Hartenstein, Harry L You, Hock E Tan, Justine Lien, Kirsten M Spears, Mark David Brazeal, and Thomas H Krause.
View insider buying and selling activity for Broadcom
or view top insider-selling stocks.

Which institutional investors are buying Broadcom stock?

AVGO stock was bought by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, Benson Investment Management Company Inc., Oak Harvest Investment Services, IFM Investors Pty Ltd, Clarius Group LLC, Strategic Wealth Designers, Webster Bank N. A., and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA. Company insiders that have bought Broadcom stock in the last two years include Henry Samueli, and Raul J Fernandez.
View insider buying and selling activity for Broadcom
or or view top insider-buying stocks.

How do I buy shares of Broadcom?

Shares of AVGO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Broadcom's stock price today?

One share of AVGO stock can currently be purchased for approximately $445.85.

How big of a company is Broadcom?

Broadcom has a market capitalization of $181.33 billion and generates $23.89 billion in revenue each year. The semiconductor manufacturer earns $2.96 billion in net income (profit) each year or $18.45 on an earnings per share basis. Broadcom employs 21,000 workers across the globe.

What is Broadcom's official website?

The official website for Broadcom is www.broadcom.com.

How can I contact Broadcom?

Broadcom's mailing address is 1320 RIDDER PARK DRIVE, SAN JOSE CA, 95131. The semiconductor manufacturer can be reached via phone at 408-433-8000 or via email at [email protected]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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