Broadcom Stock Forecast, Price & News

27 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 22 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.

Wall Street analysts have given Broadcom a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Broadcom wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Broadcom is scheduled to release its next quarterly earnings announcement on Thursday, December 9th 2021.
View our earnings forecast for Broadcom.

Broadcom Inc. (NASDAQ:AVGO) released its quarterly earnings data on Wednesday, September, 1st. The semiconductor manufacturer reported $6.96 earnings per share for the quarter, beating analysts' consensus estimates 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%. The company's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.40 earnings per share.
View Broadcom's earnings history.

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 stock has increased by 102.8% and is now trading at $498.73.
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Broadcom announced a quarterly dividend on Thursday, September 2nd. Shareholders 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 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date is Tuesday, September 21st.
View Broadcom's dividend history.

Broadcom pays an annual dividend of $14.40 per share and currently has a dividend yield of 2.91%. 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 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 52.38% next year. This indicates that Broadcom will be able to sustain or increase its dividend.
View Broadcom's dividend history.

Broadcom issued an update on its fourth quarter 2021 earnings guidance on Thursday, September, 16th. The company provided EPS 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.

27 brokers have issued 1 year target prices for Broadcom's shares. Their forecasts range from $460.00 to $600.00. On average, they expect Broadcom's share price to reach $554.80 in the next twelve months. This suggests a possible upside of 11.2% from the stock's current price.
View analysts' price targets for Broadcom or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Broadcom include NVIDIA (NVDA), Intel (INTC), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Marvell Technology (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Monolithic Power Systems (MPWR), First Solar (FSLR), Cree (CREE), Lattice Semiconductor (LSCC), Silicon Laboratories (SLAB) and Power Integrations (POWI).
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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).

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

Broadcom's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.71%), Capital International Investors (8.27%), BlackRock Inc. (6.59%), State Street Corp (3.87%), Geode Capital Management LLC (1.57%) and Northern Trust Corp (1.15%). Company insiders that own Broadcom stock include Charlie B Kawwas, Charlie B Kawwas, 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, Thomas H Krause and Thomas H Krause.
View institutional ownership trends for Broadcom.

AVGO stock was sold by a variety of institutional investors in the last quarter, including GQG Partners LLC, Vanguard Group Inc., Morgan Stanley, American Century Companies Inc., DekaBank Deutsche Girozentrale, Westfield Capital Management Co. LP, BlackRock Inc., and Artemis Investment Management LLP. 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.

AVGO stock was acquired by a variety of institutional investors in the last quarter, including Prospera Financial Services Inc, Capital International Investors, Natixis, Charles Schwab Investment Management Inc., Millennium Management LLC, Simplex Trading LLC, Prudential Financial Inc., and Bank of Montreal Can. 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.

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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One share of AVGO stock can currently be purchased for approximately $498.73.

Broadcom has a market capitalization of $205.29 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.

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, Brocade Communications Systems, CA Europe Sárl, CA Inc., CA Technologies, 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.

Broadcom was founded in 1961.

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

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

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].