S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
NASDAQ:AVGO

Broadcom Stock Forecast, Price & News

$590.40
+25.42 (+4.50%)
(As of 12/7/2021 04:00 PM ET)
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Today's Range
$572.00
$593.07
50-Day Range
$475.95
$590.40
52-Week Range
$398.28
$593.07
Volume
2.95 million shs
Average Volume
1.81 million shs
Market Capitalization
$243.02 billion
P/E Ratio
43.80
Dividend Yield
2.55%
Beta
0.93
30 days | 90 days | 365 days | Advanced Chart
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Broadcom logo

About Broadcom

Broadcom, Inc. is a global technology company, which designs, develops and supplies semiconductor and infrastructure software solutions. It operates through the following segments: Semiconductor Solutions and Infrastructure Software. The Semiconductor Solutions segment manages movement of data in data center, telecom, enterprise and embedded networking applications. The Infrastructure Software segment provides a portfolio of mainframe, enterprise and storage area networking solutions. The company was founded in 1961 and is headquartered in San Jose, CA.

Headlines

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Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:AVGO
CUSIP
Y0486S10
Fax
N/A
Employees
21,000
Year Founded
1961

Sales & Book Value

Annual Sales
$23.89 billion
Cash Flow
$40.30 per share
Book Value
$58.70 per share

Profitability

Net Income
$2.96 billion
Pretax Margin
21.63%

Debt

Price-To-Earnings

Miscellaneous

Free Float
401,737,000
Market Cap
$243.02 billion
Optionable
Optionable

Company Calendar

Last Earnings
9/01/2021
Ex-Dividend
9/21/2021
Dividend Payable
9/30/2021
Today
12/08/2021
Next Earnings (Confirmed)
12/09/2021
Fiscal Year End
10/31/2022

Social Links


MarketRank

Overall MarketRank

3.19 out of 5 stars

Computer And Technology Sector

10th out of 897 stocks

Semiconductors & Related Devices Industry

4th out of 119 stocks

Analyst Opinion: 2.4Community Rank: 5.0Dividend Strength: 3.3Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












Broadcom (NASDAQ:AVGO) Frequently Asked Questions

Is Broadcom a buy right now?

28 Wall Street 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 research analysts is that investors should "buy" Broadcom stock.
View analyst ratings for Broadcom
or view top-rated stocks.

How has Broadcom's stock price been impacted by Coronavirus?

Broadcom's stock was trading at $245.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AVGO shares have increased by 140.0% and is now trading at $590.40.
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) posted its earnings results on Wednesday, September, 1st. The semiconductor manufacturer reported $6.96 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $6.88 by $0.08. The semiconductor manufacturer earned $6.78 billion during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period last year, the firm earned $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. Investors of record on Wednesday, September 22nd will be paid a dividend of $3.60 per share on Thursday, September 30th. This represents a $14.40 annualized dividend and a yield of 2.44%. 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 2.55%. Broadcom has been increasing its dividend for 12 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 updated 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 target prices for Broadcom's stock. Their forecasts range from $460.00 to $660.00. On average, they expect Broadcom's share price to reach $583.23 in the next year. This suggests that the stock has a possible downside of 1.2%.
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:

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.

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 bought 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.
Compare Top Brokerages Here.

What is Broadcom's stock price today?

One share of AVGO stock can currently be purchased for approximately $590.40.

How much money does Broadcom make?

Broadcom has a market capitalization of $243.02 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].


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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