Broadcom Stock Forecast, Price & News

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Broadcom in the last year. 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.

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.
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Broadcom is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Broadcom.

Broadcom will be holding an earnings conference call on Thursday, March 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Broadcom Inc. (NASDAQ:AVGO) posted its quarterly earnings results on Wednesday, December, 9th. The semiconductor manufacturer reported $6.35 EPS for the quarter, topping the consensus estimate of $6.25 by $0.10. The semiconductor manufacturer had revenue of $6.47 billion for the quarter, compared to analysts' expectations of $6.43 billion. Broadcom had a net margin of 12.39% and a trailing twelve-month return on equity of 35.23%. Broadcom's quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.39 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 91.0% and is now trading at $469.87.
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Broadcom declared a quarterly dividend on Thursday, December 10th. Investors of record on Monday, December 21st will be paid a dividend of $3.60 per share on Thursday, December 31st. This represents a $14.40 annualized dividend and a dividend yield of 3.06%. The ex-dividend date is Friday, December 18th. This is an increase from Broadcom's previous quarterly dividend of $3.25.
View Broadcom's dividend history.

Broadcom pays an annual dividend of $14.40 per share and currently has a dividend yield of 3.15%. 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.

Broadcom updated 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.

28 Wall Street analysts have issued twelve-month price targets for Broadcom's stock. Their forecasts range from $215.00 to $575.00. On average, they anticipate Broadcom's stock price to reach $425.81 in the next year. This suggests that the stock has a possible downside of 9.4%.
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), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR), Silicon Laboratories (SLAB) and Lattice Semiconductor (LSCC).
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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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.40%), Northern Trust Corp (1.16%), Price T Rowe Associates Inc. MD (1.11%), Bank of New York Mellon Corp (0.92%), Nuveen Asset Management LLC (0.87%) and Clearbridge Investments LLC (0.86%). 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.

AVGO stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Federated Hermes Inc., American International Group Inc., Amundi Pioneer Asset Management Inc., Clearbridge Investments LLC, Sumitomo Mitsui Trust Holdings Inc., Prudential PLC, and Alliancebernstein L.P.. 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 bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, BlackRock Inc., Bessemer Group Inc., Healthcare of Ontario Pension Plan Trust Fund, Nuveen Asset Management LLC, Canada Pension Plan Investment Board, Keybank National Association OH, and State of Michigan Retirement System. 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 $469.87.

Broadcom has a market capitalization of $191.80 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 Cayman Ltd., Avago Technologies International Sales Pte. Limited, Avago Technologies Japan Ltd., Avago Technologies U.S. Inc., Avago Technologies Wireless (U.S.A.) Manufacturing LLC, Bay Dynamics, Beceem Communications, BroadLight, BroadLogic Network Technologies, Broadcom Bermuda LP, Broadcom Corporation, Broadcom International Limited, Broadcom Technologies Inc., Brocade, Brocade Communications Systems, Brocade Communications Systems LLC, 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, ServerWorks International Ltd., 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]