Broadcom Stock Forecast, Price & News

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.

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.

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.

Broadcom is scheduled to release its next quarterly earnings announcement on Thursday, June 3rd 2021.
View our earnings forecast for Broadcom.

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.

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.

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.

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.

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.

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.

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.

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 (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR), Lattice Semiconductor (LSCC) and Silicon Laboratories (SLAB).
View all of AVGO's competitors.

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 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.

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.

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.

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.

One share of AVGO stock can currently be purchased for approximately $441.62.

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.

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]