S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
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DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities

Broadcom (AVGO) Stock Forecast & Price Target

$1,402.26
+3.09 (+0.22%)
(As of 03/4/2024 ET)

Broadcom Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 19 Analyst Ratings

Analysts' Consensus Price Target

$1,129.45
-19.46% Downside
High Forecast$1,600.00
Average Forecast$1,129.45
Low Forecast$44.00
TypeCurrent Forecast
3/6/23 to 3/5/24
1 Month Ago
2/4/23 to 2/4/24
3 Months Ago
12/6/22 to 12/6/23
1 Year Ago
3/6/22 to 3/6/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
16 Buy rating(s)
17 Buy rating(s)
13 Buy rating(s)
13 Buy rating(s)
Hold
3 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$1,129.45$981.45$878.45$673.89
Predicted Upside-19.46% Downside8.12% Upside5.99% Upside20.19% Upside
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AVGO Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AVGO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Broadcom Stock vs. The Competition

TypeBroadcomComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.84
2.57
2.48
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside-19.46% Downside174.36% Upside6.64% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/4/2024Cantor Fitzgerald
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C. Muse
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Boost TargetOverweight ➝ Overweight$1,300.00 ➝ $1,600.00+13.04%
3/4/2024Rosenblatt Securities
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 Boost TargetBuy ➝ Buy$1,160.00 ➝ $1,500.00+6.71%
3/1/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$1,100.00 ➝ $1,500.00+10.00%
2/28/2024Susquehanna
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 Boost TargetPositive ➝ Positive$1,400.00 ➝ $1,550.00+20.16%
2/26/2024UBS Group
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 Boost TargetBuy ➝ Buy$1,480.00+13.58%
2/13/2024Mizuho
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 Boost TargetBuy ➝ Buy$1,250.00 ➝ $1,450.00+16.39%
1/19/2024The Goldman Sachs Group
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 Reiterated RatingBuy$1,325.00+15.83%
12/11/2023Citigroup
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 Reiterated RatingBuy$1,100.00+16.49%
12/8/2023Truist Financial
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 Boost TargetBuy ➝ Buy$995.00 ➝ $1,015.00+9.78%
12/8/2023TD Cowen
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 Boost TargetMarket Perform ➝ Market Perform$900.00 ➝ $1,000.00+8.43%
12/8/2023Summit Insights
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 UpgradeHold ➝ Buy
11/24/2023KeyCorp
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 Boost TargetOverweight ➝ Overweight$1,000.00 ➝ $1,200.00+23.46%
10/5/2023Evercore ISI
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 Boost Target$1,000.00 ➝ $1,050.00+27.72%
9/5/2023Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$900.00 ➝ $1,000.00+14.61%
9/1/2023Benchmark
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 Reiterated RatingBuy ➝ Buy$950.00+8.88%
9/1/2023BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$890.00 ➝ $1,000.00+8.36%
9/1/2023Needham & Company LLC
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 Boost Target$33.00 ➝ $44.00-95.23%
9/1/2023Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$800.00 ➝ $900.00-2.48%
9/1/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$905.00 ➝ $950.00+2.94%
8/29/2023Piper Sandler
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 Boost TargetOverweight ➝ Overweight$830.00 ➝ $925.00+7.42%
7/19/2023Wolfe Research
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 Initiated CoverageMarket Perform
6/22/2023Bank of America
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 Boost Target$950.00 ➝ $1,050.00+23.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:51 AM ET.












AVGO Price Target - Frequently Asked Questions

What is Broadcom's consensus rating and price target?

According to the issued ratings of 19 analysts in the last year, the consensus rating for Broadcom stock is Moderate Buy based on the current 3 hold ratings and 16 buy ratings for AVGO. The average twelve-month price prediction for Broadcom is $1,129.45 with a high price target of $1,600.00 and a low price target of $44.00. Learn more on AVGO's analyst rating history.

Do Wall Street analysts like Broadcom more than its competitors?

Analysts like Broadcom more than other Computer and Technology companies. The consensus rating score for Broadcom is 2.84 while the average consensus rating score for computer and technology companies is 2.57. Learn more on how AVGO compares to other companies.

Is Broadcom being upgraded by Wall Street analysts?

Over the previous 90 days, Broadcom's stock had 1 upgrade by analysts.

Does Broadcom's stock price have much upside?

According to analysts, Broadcom's stock has a predicted upside of 6.73% based on their 12-month stock forecasts.

What analysts cover Broadcom?

Stock Ratings Reports and Tools

This page (NASDAQ:AVGO) was last updated on 3/5/2024 by MarketBeat.com Staff