Broadcom Stock Forecast, Price & News

Broadcom (NASDAQ:AVGO) Frequently Asked Questions

Is Broadcom a buy right now?

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Broadcom in the last twelve months. There are currently 5 hold ratings and 23 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Broadcom stock.
View analyst ratings for Broadcom or view top-rated stocks.

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

Broadcom's stock was trading at $245.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AVGO shares have increased by 122.2% and is now trading at $546.59.
View which stocks have been most impacted by COVID-19.

When is Broadcom's next earnings date?

Broadcom is scheduled to release its next quarterly earnings announcement on Thursday, December 9th 2021.
View our earnings forecast for Broadcom.

How can I listen to Broadcom's earnings call?

Broadcom will be holding an earnings conference call on Thursday, December 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "3991413".

How were Broadcom's earnings last quarter?

Broadcom Inc. (NASDAQ:AVGO) announced its earnings results on Wednesday, September, 1st. The semiconductor manufacturer reported $6.96 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $6.88 by $0.08. The semiconductor manufacturer had revenue of $6.78 billion for the quarter, compared to analyst estimates of $6.76 billion. Broadcom had a trailing twelve-month return on equity of 44.27% and a net margin of 22.90%. Broadcom's quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the company posted $5.40 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, September 2nd. Shareholders of record on Wednesday, September 22nd will be given a dividend of $3.60 per share on Thursday, September 30th. This represents a $14.40 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend is Tuesday, September 21st.
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 2.58%. Broadcom has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Broadcom is 106.82%. 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 52.38% 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 fourth quarter 2021 earnings guidance on Thursday, September, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.35 billion-$7.35 billion, compared to the consensus revenue estimate of $7.23 billion.

What price target have analysts set for AVGO?

28 equities research analysts have issued 1 year price objectives for Broadcom's shares. Their forecasts range from $460.00 to $640.00. On average, they expect Broadcom's stock price to reach $570.15 in the next year. This suggests a possible upside of 4.3% from the stock's current price.
View analysts' price targets for Broadcom or view top-rated stocks among Wall Street analysts.

Who are Broadcom's key executives?

Broadcom's management team includes the following people:

• Hock E. Tan, President, Chief Executive Officer & Director
• Charlie B. Kawwas, Chief Operating Officer (LinkedIn Profile)
• Kirsten M. Spears, VP, Chief Financial & Accounting Officer (LinkedIn Profile)
• Alan Davidson, Chief Information Officer
• Alexis Black Bjorlin, Senior Vice President & GM-Optical System Division

What is Hock E. Tan's approval rating as Broadcom's CEO?

154 employees have rated Broadcom CEO Hock E. Tan on Glassdoor.com. Hock E. Tan has an approval rating of 38% among Broadcom's employees. This puts Hock E. Tan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Broadcom's key competitors?

Some companies that are related to Broadcom include NVIDIA (NVDA), Intel (INTC), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Marvell Technology (MRVL), Xilinx (XLNX), Microchip Technology (MCHP), Skyworks Solutions (SWKS), Monolithic Power Systems (MPWR), First Solar (FSLR), Lattice Semiconductor (LSCC), Silicon Laboratories (SLAB), Ambarella (AMBA) and Power Integrations (POWI).
View all of AVGO's 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), Walt Disney (DIS), QUALCOMM (QCOM), Intel (INTC), salesforce.com (CRM), AbbVie (ABBV) and Cisco Systems (CSCO).

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 variety of institutional and retail investors. Top institutional investors include Capital World Investors (9.39%), BlackRock Inc. (6.64%), Capital Research Global Investors (6.29%), Geode Capital Management LLC (1.61%), Bank of New York Mellon Corp (0.92%) and Morgan Stanley (0.82%). Company insiders that own Broadcom stock include Charlie B Kawwas, Charlie B Kawwas, Eddy W Hartenstein, Eddy W Hartenstein, Harry L You, Henry Samueli, Hock E Tan, Hock E Tan, Justine Lien, Kirsten M Spears, Mark David Brazeal, Raul J Fernandez, Raul J Fernandez, Thomas H Krause and Thomas H Krause.
View institutional ownership trends for Broadcom.

Which major investors are selling Broadcom stock?

AVGO stock was sold by a variety of institutional investors in the last quarter, including Prospera Financial Services Inc, Capital Research Global Investors, Capital World Investors, Franklin Resources Inc., Capital Bank & Trust Co, Abundance Wealth Counselors, Caisse DE Depot ET Placement DU Quebec, and American International Group 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 major investors are buying Broadcom stock?

AVGO stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Capitolis Advisors LLC, BlackRock Inc., Citadel Advisors LLC, Geode Capital Management LLC, Credit Suisse AG, UBS Group AG, and Fort Washington Investment Advisors Inc. OH. 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.
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What is Broadcom's stock price today?

One share of AVGO stock can currently be purchased for approximately $546.59.

How much money does Broadcom make?

Broadcom has a market capitalization of $224.99 billion and generates $23.89 billion in revenue each year. The semiconductor manufacturer earns $2.96 billion in net income (profit) each year or $13.48 on an earnings per share basis.

How many employees does Broadcom have?

Broadcom employs 21,000 workers across the globe.

Does Broadcom have any subsidiaries?

The following companies are subsidiares of Broadcom: Agere Systems, Allayer Technologies, Alphamosaic, Altocom, Athena Semiconductors, Avago Technologies International Sales Pte. Limited, Avago Technologies Wireless (U.S.A.) Manufacturing LLC, Bay Dynamics, Beceem Communications, BroadLight, BroadLogic Network Technologies, Broadcom Bermuda Ltd., Broadcom Corporation, Broadcom International Limited, Broadcom International Pte. Ltd., Broadcom Technologies Inc., Brocade Communications Systems, CA, CA Europe Sárl, CA Inc., DuneNetworks, Gadzoox Network, Gigle Networks, Global Locate, Innovision Research & Technology, LSI Corporation, LVL7 Systems, MagnaCom, Maverick Networks, NetLogic Microsystems, NewPort Communications, NortonLifeLock, Octalica, Percello, Provigent, RAIDCore, SCsquare, Sand Video, Sandburst Corporation, ServerWorks, SiByte, Silicon Spice, Siliquent Technologies, Symantec, Teknovus, VisionTech, WIDCOMM, Zeevo, and Zyray Wireless.

When was Broadcom founded?

Broadcom was founded in 1961.

What is Broadcom's official website?

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

Where are Broadcom's headquarters?

Broadcom is headquartered at 1320 RIDDER PARK DRIVE, SAN JOSE CA, 95131.

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].