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Broadcom Stock Forecast, Price & News

$441.62
+11.02 (+2.56 %)
(As of 05/14/2021 12:00 AM ET)
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Today's Range
$432.05
$445.12
50-Day Range
$422.38
$488.48
52-Week Range
$256.77
$495.14
Volume1.70 million shs
Average Volume2.13 million shs
Market Capitalization$180.31 billion
P/E Ratio70.21
Dividend Yield3.34%
Beta1.05
30 days | 90 days | 365 days | Advanced Chart
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Broadcom logo

About Broadcom

Broadcom Inc. designs, develops, and supplies semiconductor infrastructure software solutions. It offers 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's infrastructure software solutions enable customers to plan, develop, automate, manage, and secure applications across mainframe, distributed, mobile, and cloud platforms. It operates through two segments, Semiconductor Solutions and Infrastructure Software. The company was incorporated in 2018 and is based in San Jose, California.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
Current SymbolNASDAQ:AVGO
CUSIPY0486S10
Phone408-433-8000
Employees21,000
Year Founded1961

Sales & Book Value

Annual Sales$23.89 billion
Cash Flow$37.36 per share
Book Value$58.70 per share

Profitability

Net Income$2.96 billion

Debt

Price-To-Earnings

Miscellaneous

Market Cap$180.31 billion
Next Earnings Date6/3/2021 (Confirmed)
OptionableOptionable

Social Links


MarketRank

Overall MarketRank

2.33 out of 5 stars

Computer And Technology Sector

21st out of 1,564 stocks

Semiconductors & Related Devices Industry

4th out of 147 stocks

Analyst Opinion: 2.4Community Rank: 3.6Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Broadcom (NASDAQ:AVGO) Frequently Asked Questions

Is Broadcom a buy right now?

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Broadcom in the last year. There are currently 5 hold ratings and 21 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.

What stocks does MarketBeat like better than Broadcom?

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.
View MarketBeat's top stock picks here.

Are investors shorting Broadcom?

Broadcom saw a decline in short interest in April. As of April 15th, there was short interest totaling 4,930,000 shares, a decline of 23.4% from the March 31st total of 6,440,000 shares. Based on an average daily volume of 2,290,000 shares, the short-interest ratio is presently 2.2 days.
View Broadcom's Short Interest
.

When is Broadcom's next earnings date?

Broadcom is scheduled to release its next quarterly earnings announcement on Thursday, June 3rd 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, June 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Broadcom's earnings last quarter?

Broadcom Inc. (NASDAQ:AVGO) released its quarterly earnings data on Wednesday, March, 3rd. The semiconductor manufacturer reported $6.61 EPS for the quarter, topping the Zacks' consensus estimate of $6.56 by $0.05. The semiconductor manufacturer had revenue of $6.66 billion for the quarter, compared to analyst estimates of $6.61 billion. Broadcom had a trailing twelve-month return on equity of 35.23% and a net margin of 12.39%. The company's revenue was up 13.6% on a year-over-year basis. During the same quarter last year, the firm posted $5.25 EPS.
View Broadcom's earnings history
.

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 79.5% and is now trading at $441.62.
View which stocks have been most impacted by COVID-19
.

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

Broadcom declared a quarterly dividend on Thursday, March 4th. Stockholders of record on Monday, March 22nd will be given a dividend of $3.60 per share on Wednesday, March 31st. This represents a $14.40 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date is Friday, March 19th.
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 3.34%. 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 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 second quarter 2021 After-Hours earnings guidance on Thursday, March, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $6.5-6.5 billion, compared to the consensus revenue estimate of $6.33 billion.

What price target have analysts set for AVGO?

26 Wall Street analysts have issued 1-year target prices for Broadcom's shares. Their forecasts range from $360.00 to $580.00. On average, they expect Broadcom's stock price to reach $470.36 in the next year. This suggests a possible upside of 6.5% 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:
  • Mr. Hock E. Tan, CEO, Pres & Exec. Director (Age 69, Pay $3.7M) (LinkedIn Profile)
  • Ms. Kirsten M. Spears, CFO & Chief Accounting Officer (Age 57, Pay $537.07k) (LinkedIn Profile)
  • Dr. Charlie B. Kawwas, Chief Operating Officer (Age 50, Pay $1.03M) (LinkedIn Profile)
  • Mr. Mark D. Brazeal, Chief Legal Officer (Age 53, Pay $1.53M) (LinkedIn Profile)
  • Mr. Thomas H. Krause Jr., Pres of Infrastructure Software Group (Age 43, Pay $1.02M) (LinkedIn Profile)
  • Mr. Alan Davidson, Chief Information Officer
  • Ji Yoo, Director of Investor Relations
  • Ms. Debbie Streeter, VP of HR (LinkedIn Profile)
  • Mr. Frank Ostojic, Sr. VP & GM of ASIC Products Division (LinkedIn Profile)
  • Mr. Greg Fischer, Sr. VP & GM of Broadband Carrier Access Products Division (LinkedIn Profile)

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?

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).

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 retail and institutional investors. Top institutional investors include Capital International Investors (8.14%), BlackRock Inc. (6.68%), Geode Capital Management LLC (1.54%), Northern Trust Corp (1.17%), Bank of New York Mellon Corp (0.91%) and Clearbridge Investments LLC (0.82%). Company insiders that own Broadcom stock include Bryan Ingram, 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 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 Schafer Cullen Capital Management Inc, Capitolis Advisors LLC, Vontobel Holding Ltd., APG Asset Management N.V., Clearbridge Investments LLC, Sarasin & Partners LLP, Varma Mutual Pension Insurance Co, and Capital Bank & Trust Co. 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 BlackRock Inc., Franklin Resources Inc., Healthcare of Ontario Pension Plan Trust Fund, Dimensional Fund Advisors LP, Rafferty Asset Management LLC, Capital International Investors, Cullen Capital Management LLC, and Geode Capital Management LLC. 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 $441.62.

How much money does Broadcom make?

Broadcom has a market capitalization of $180.31 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.

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 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.

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 5/15/2021 by MarketBeat.com Staff
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