Broadcom Inc. (AVGO)
| Market Cap | 522.56B |
| Revenue (ttm) | 35.82B |
| Net Income (ttm) | 14.08B |
| Shares Out | 468.14M |
| EPS (ttm) | 32.98 |
| PE Ratio | 33.85 |
| Forward PE | 23.68 |
| Dividend | $21.00 (1.88%) |
| Ex-Dividend Date | Dec 19, 2023 |
| Volume | 2,055,800 |
| Open | 1,121.46 |
| Previous Close | 1,122.41 |
| Day's Range | 1,114.66 - 1,124.40 |
| 52-Week Range | 548.01 - 1,151.82 |
| Beta | 1.12 |
| Analysts | Strong Buy |
| Price Target | 1,012.19 (-9.32%) |
| Earnings Date | Feb 29, 2024 |
About AVGO
Broadcom Inc. designs, develops, and supplies various 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 operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing ... [Read more]
Financial Performance
In 2023, Broadcom's revenue was $35.82 billion, an increase of 7.88% compared to the previous year's $33.20 billion. Earnings were $14.08 billion, an increase of 25.47%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for AVGO stock is "Strong Buy." The 12-month stock price forecast is $1,012.19, which is a decrease of -9.32% from the latest price.
News
German Court Fines Netflix €7.05 Million for Continued Infringement of Broadcom HEVC Patent
PALO ALTO, Calif., Dec. 22, 2023 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) announced today that the District Court in Munich, Germany fined Netflix €7.05 million for its infringement of a Broad...
We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya
Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...
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Broadcom now ranks among 10 largest U.S. companies after big 2023 stock gains
Nvidia Corp. has catapulted up the list of the most valuable U.S. companies this year, rising eight spots from the end of last year to sit in the fifth position with a market capitalization of $1.2 tr...
Broadcom Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
PALO ALTO, Calif. , Dec. 15, 2023 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions, tod...
Broadcom's Stock Price Hit a Record High For The Third Straight Day—Here's Why
Broadcom Inc. (AVGO) shares hit a record high Wednesday for the third straight day after analysts raised their price target on the stock.
Broadcom hits all-time high: What you need to know
CNBC's Deirdre Bosa reports on Broadcom's recent stock moves.
Caltech and Broadcom Announce Quantum Research and Development Partnership
Investment will create an innovation, collaboration hub to support world-leading scientists and engineers in quantum science, computing, and related fields. PASADENA, Calif.
Broadcom stock spikes, on pace for best day in a year
The chipmaker and software company's stock jumped after Citigroup resumed coverage Monday morning and set a price target of $1,100 based on demand for AI.
Broadcom's Software Makeover Doesn't Fully Mask Chip Swings
The VMware acquisition and AI chips help chip maker's transformation, but Apple still casts a large shadow.
Cramer's Mad Dash: Broadcom
CNBC's Jim Cramer delivers his daily Mad Dash.
Broadcom falls into a buy-the-dip opportunity
The price action in Broadcom NASDAQ: AVGO shares peaked and corrected ahead of the Q4 release, opening up a buy-the-dip opportunity. The Q4 results were better than expected and came with robust guida...
Broadcom Delivered ‘Very Solid' Earnings. What Wall Street Says.
Summit Insight Group analyst Kinngai Chan upgraded the stock to Buy from Hold.
Broadcom is the poor man's Nvidia: Strategist
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Pro sees ‘mid-teens upside' in Broadcom stock after Q4 earnings
Broadcom Inc (NASDAQ: AVGO) is in focus in extended trading after reporting market-beating results for its fiscal fourth quarter on strong AI chip demand. Is Broadcom stock worth buying?
Broadcom logs earnings beat, but chip stock edges lower
Broadcom Inc. topped profit expectations for its latest quarter, but shares of the chip company were falling in Thursday's aftermarket action.
Broadcom Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results and Quarterly Dividend
Revenue of $9,295 million for the fourth quarter, up 4 percent from the prior year period Cash from operations of $4,828 million for the fourth quarter, less capital expenditures of $105 million, resu...
Earnings Exchange: Broadcom, Lululemon & Vail Resorts
Mariann Montagne, Gradient Investments portfolio management consultant, joins 'The Exchange' to discuss Broadcom, Lululemon, and Vail Resorts.
'Ten-bagger' stocks are the 'holy grail': Strategist
As Wall Street weighs whether markets can sustain November's rally, investors are spotting opportunities. eToro Global Markets Strategist Ben Laidler joined Yahoo Finance Live to analyze high-growth "...
The nucleus of the economy is the semiconductor chip, says Virtus Investment's Joe Terranova
Joe Terranova, Virtus Investment Partners chief market strategist, joins 'Power Lunch' to take on the growth versus value debate and offer his market outlook.
Broadcom Introduces Industry's First Switch With On-Chip Neural Network
The New Trident 5-X12 Doubles Bandwidth, Reduces Power By 25%, and Adds Neural Network To Enable Next-Generation Telemetry, Security and Traffic Engineering The New Trident 5-X12 Doubles Bandwidth, Re...
One year after its public launch, ChatGPT has succeeded in igniting a new era in tech
It was called an “iPhone moment” for artificial intelligence, likened to the development of the World Wide Web for the internet, dubbed a Cambrian explosion, equated to the invention of the lightbulb ...