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Broadcom (AVGO) Stock Forecast, Price Target & Predictions

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AVGO Stock Forecast

Broadcom stock forecast is as follows: an average price target of $209.11 (represents a -5.29% downside from AVGO’s last price of $220.79) and a rating consensus of 'Buy', based on 31 wall street analysts offering a 1-year stock forecast.

AVGO Price Target

The average price target for Broadcom (AVGO) is $209.11 based on 1-year price targets from 31 Wall Street analysts in the past 3 months, with a price target range of $240.00 to $170.00. This represents a potential -5.29% downside from AVGO's last price of $220.79.

AVGO Analyst Ratings

Buy

According to 31 Wall Street analysts, Broadcom's rating consensus is 'Buy'. The analyst rating breakdown for AVGO stock is 0 'Strong Buy' (0.00%), 27 'Buy' (87.10%), 4 'Hold' (12.90%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Broadcom Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 13, 2024Joseph MooreMorgan Stanley$233.00$171.8135.61%5.53%
Oct 14, 2024Vijay RakeshMizuho Securities$220.00$182.3120.67%-0.36%
Oct 11, 2024Vivek AryaBank of America Securities$215.00$181.6718.35%-2.62%
Sep 06, 2024John VinhKeyBanc$210.00$137.0053.29%-4.89%
Sep 06, 2024William SteinTruist Financial$204.00$152.8233.49%-7.60%
Sep 06, 2024Hans MosesmannRosenblatt Securities$240.00$152.8257.05%8.70%
Sep 06, 2024Vijay RakeshMizuho Securities$190.00$152.8224.33%-13.95%
Sep 06, 2024Toshiya HariGoldman Sachs$190.00$152.8224.33%-13.95%
Sep 06, 2024Joseph MooreMorgan Stanley$180.00$152.8217.79%-18.47%
Aug 27, 2024Aaron RakersWells Fargo$170.00$159.816.37%-23.00%
Jul 15, 2024Rick SchaferOppenheimer$200.00$171.4216.67%-9.42%
Jul 15, 2024Aaron RakersWells Fargo$205.00$170.0720.54%-7.15%
Jun 13, 2024Angelo ZinoCFRA$185.00$168.0710.07%-16.21%
Jun 13, 2024Ross SeymoreDeutsche Bank$190.00$167.9613.12%-13.95%
Jun 13, 2024Rick SchaferOppenheimer$200.00$149.5533.73%-9.42%
Jun 13, 2024William SteinTruist Financial$204.50$149.5536.74%-7.38%
Jun 13, 2024Ben ReitzesMelius Research$205.00$149.5537.08%-7.15%
Jun 13, 2024Blayne CurtisJefferies$205.00$149.5537.08%-7.15%
Jun 13, 2024Hans MosesmannRosenblatt Securities$165.00$149.5510.33%-25.27%
Jun 13, 2024Tristan GerraRobert W. Baird$195.00$149.5530.39%-11.68%
Jun 13, 2024Vijay RakeshMizuho Securities$190.00$149.5527.05%-13.95%
Jun 13, 2024Harsh KumarPiper Sandler$200.00$149.5533.73%-9.42%
Jun 13, 2024Aaron RakersWells Fargo$170.00$149.5513.67%-23.00%
Jun 13, 2024Timothy ArcuriUBS$173.50$149.5516.01%-21.42%
Jun 13, 2024Tom O'MalleyBarclays$200.00$149.5533.73%-9.42%
Jun 13, 2024Mark LipacisEvercore ISI$201.00$149.5534.40%-8.96%
Jun 13, 2024Joseph MooreMorgan Stanley$176.50$149.5518.02%-20.06%
Jun 13, 2024Toshiya HariGoldman Sachs$185.00$149.5523.70%-16.21%
Jun 13, 2024Stacy RasgonBernstein$195.00$149.5530.39%-11.68%
Jun 11, 2024Blayne CurtisJefferies$155.00$145.556.49%-29.80%
Jun 11, 2024Christopher DanelyCitigroup$156.00$145.557.18%-29.34%
Jun 03, 2024Ben ReitzesMelius Research$185.00$132.8539.25%-16.21%
Apr 17, 2024Tom O'MalleyBarclays$150.00$132.9112.86%-32.06%
Apr 15, 2024Matthew PriscoEvercore ISI$162.00$131.0723.60%-26.63%
Apr 08, 2024Ross SeymoreDeutsche Bank$150.00$133.9411.99%-32.06%
Mar 22, 2024Angelo ZinoCFRA$160.00$135.3518.21%-27.53%
Mar 21, 2024Tom O\'MalleyBarclays$140.50$134.804.23%-36.36%
Mar 21, 2024Weston TwiggKeyBanc$160.00$134.8018.69%-27.53%
Mar 21, 2024Harsh KumarPiper Sandler$165.00$134.8022.40%-25.27%
Mar 08, 2024Rick SchaferOppenheimer$150.00$13.091046.18%-32.06%
Mar 08, 2024Toshiya HariGoldman Sachs$155.00$13.091084.38%-29.80%
Mar 08, 2024William SteinTruist Financial$156.60$13.091096.61%-29.07%
Mar 07, 2024Vijay RakeshMizuho Securities$100.00$139.72-28.43%-54.71%
Dec 12, 2023Christopher DanelyCitigroup$110.00$105.614.15%-50.18%
Dec 11, 2023William SteinTruist Financial$101.50$94.437.49%-54.03%
Nov 28, 2023Christopher RollandSusquehanna$110.00$93.8817.18%-50.18%
Sep 22, 2023William SteinTruist Financial$99.50$82.9120.01%-54.93%
Sep 01, 2023John VinhLoop Capital Markets$100.00$87.5614.20%-54.71%
Sep 01, 2023Cody AcreeKeyBanc$95.00$87.518.56%-56.97%
Sep 01, 2023Matthew PriscoEvercore ISI$100.00$87.5414.24%-54.71%
Aug 29, 2023Ambrish SrivastavaLoop Capital Markets$89.00$88.930.08%-59.69%
Jun 02, 2023Christopher RollandSusquehanna$91.00$80.9612.41%-58.78%
Jun 02, 2023John VinhKeyBanc$94.00$80.9616.11%-57.43%
Jun 02, 2023Stacy RagsonBernstein$82.00$80.961.29%-62.86%
Jun 02, 2023Rick SchaferOppenheimer$90.00$80.9611.17%-59.24%
Jun 02, 2023Rick SchaferOppenheimer$95.00$79.0020.26%-56.97%
Dec 05, 2022Susquehanna$65.00$54.0820.19%-70.56%
Dec 05, 2022Piper Sandler$71.50$54.0832.21%-67.62%
Nov 03, 2022William SteinTruist Financial$63.00$44.4141.85%-71.47%
Sep 09, 2022Vijay RakeshMizuho Securities$72.50$52.2438.78%-67.16%
Sep 02, 2022John VinhLoop Capital Markets$70.00$51.4636.02%-68.30%
Sep 02, 2022Hans MosesmannRosenblatt Securities$77.50$51.4650.60%-64.90%
Jul 30, 2022Ross SeymoreDeutsche Bank$63.50$53.5518.59%-71.24%
May 23, 2022Vijay RakeshMizuho Securities$70.00$52.6432.99%-68.30%
May 09, 2022Christopher RollandSusquehanna$68.00$56.2920.80%-69.20%
Apr 11, 2022William SteinTruist Financial$65.70$58.0613.16%-70.24%
Mar 04, 2022Joseph MooreMorgan Stanley$70.30$59.6017.96%-68.16%
Mar 01, 2022Harsh KumarPiper Sandler$75.00$56.6332.44%-66.03%
Feb 24, 2022Rick SchaferOppenheimer$72.00$57.6124.98%-67.39%
Jan 12, 2022Blayne CurtisBarclays$70.00$61.7813.30%-68.30%
Dec 16, 2021Jim KelleherArgus Research$71.50$61.2616.72%-67.62%
Dec 13, 2021Toshiya HariGoldman Sachs$67.00$61.369.20%-69.65%
Dec 13, 2021Christopher DanelyCitigroup$68.50$61.3611.64%-68.98%
Dec 10, 2021John PitzerCredit Suisse$70.00$62.3412.28%-68.30%
Dec 10, 2021Matt RamsayCowen & Co.$61.50$62.34-1.36%-72.15%
Dec 10, 2021Ambrish SrivastavaBMO Capital$67.50$62.348.27%-69.43%
Dec 10, 2021Aaron RakersWells Fargo$63.50$62.341.85%-71.24%
Dec 06, 2021Kenneth TalanianEvercore ISI$64.00$55.7614.77%-71.01%
Dec 06, 2021Timothy ArcuriUBS$66.00$55.7618.36%-70.11%
Jun 09, 2021Vivek AryaBank of America Securities$58.00$45.1028.60%-73.73%

The latest Broadcom stock forecast, released on Dec 13, 2024 by Joseph Moore from Morgan Stanley, set a price target of $233.00, which represents a 35.61% increase from the stock price at the time of the forecast ($171.81), and a 5.53% increase from AVGO last price ($220.79).

Broadcom Price Target by Period

1M3M12M
# Anlaysts1343
Avg Price Target$233.00$222.67$182.39
Last Closing Price$220.79$220.79$220.79
Upside/Downside5.53%0.85%-17.39%

In the current month, the average price target of Broadcom stock is $233.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 5.53% increase as opposed to Broadcom's last price of $220.79. This month's average price target is up 4.64% compared to last quarter, and up 27.75% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 16, 2024CICCOutperformUpgrade
Dec 13, 2024Morgan StanleyOverweightOverweightHold
Oct 11, 2024Bank of America SecuritiesBuyBuyHold
Oct 08, 2024Cantor FitzgeraldOverweightOverweightHold
Oct 07, 2024JefferiesBuyBuyHold
Sep 18, 2024William BlairOutperformInitialise
Sep 16, 2024Cowen & Co.BuyBuyHold
Sep 06, 2024KeyBancOverweightOverweightHold
Sep 06, 2024BenchmarkOverweightOverweightHold
Sep 06, 2024Cantor FitzgeraldOverweightOverweightHold
Sep 06, 2024BenchmarkBuyBuyHold
Sep 06, 2024CitigroupBuyBuyHold
Sep 06, 2024Goldman SachsBuyBuyHold
Sep 06, 2024Morgan StanleyOverweightOverweightHold
Aug 27, 2024Wells FargoEqual-WeightEqual-WeightHold
Jul 16, 2024Cowen & Co.BuyBuyHold
Jul 15, 2024OppenheimerOutperformOutperformHold
Jul 15, 2024B. Riley SecuritiesBuyBuyHold
Jul 15, 2024Wells FargoOverweightOverweightHold
Jul 15, 2024Piper SandlerOverweightOverweightHold
Jun 13, 2024CFRABuyBuyHold
Jun 13, 2024BenchmarkBuyBuyHold
Jun 13, 2024Deutsche BankBuyBuyHold
Jun 13, 2024Cowen & Co.BuyBuyHold
Jun 13, 2024JefferiesBuyBuyHold
Jun 13, 2024OppenheimerOutperformOutperformHold
Jun 13, 2024Cantor FitzgeraldOverweightOverweightHold
Jun 13, 2024Piper SandlerOverweightOverweightHold
Jun 13, 2024Wells FargoEqual-WeightEqual-WeightHold
Jun 13, 2024UBSBuyBuyHold
Jun 13, 2024BarclaysOverweightOverweightHold
Jun 13, 2024Evercore ISIOutperformOutperformHold
Jun 13, 2024Morgan StanleyOverweightOverweightHold
Jun 13, 2024BernsteinOutperformOutperformHold
Jun 11, 2024CitigroupOutperformOutperformHold
Jun 11, 2024Goldman SachsBuyBuyHold
Jun 11, 2024CitigroupBuyBuyHold
Jun 10, 2024Bank of America SecuritiesBuyBuyHold
Jun 03, 2024UBSUnderperformUnderperformHold
Jun 03, 2024Wells FargoMarket PerformMarket PerformHold
May 13, 2024Wells FargoMarket PerformMarket PerformHold
Apr 17, 2024Piper SandlerOverweightOverweightHold
Apr 17, 2024BarclaysOverweightOverweightHold
Apr 15, 2024Evercore ISIOutperformInitialise
Mar 21, 2024Bank of America SecuritiesBuyBuyHold
Mar 21, 2024Cowen & Co.Market PerformOutperformUpgrade
Mar 20, 2024Wells FargoMarket PerformMarket PerformHold
Mar 13, 2024CitigroupBuyBuyHold
Mar 11, 2024Wells FargoOutperformOutperformHold
Mar 08, 2024Goldman SachsBuyBuyHold
Mar 08, 2024OppenheimerOutperformOutperformHold
Mar 04, 2024UBSMarket PerformMarket PerformHold
Feb 12, 2024Rosenblatt SecuritiesUnderperformUnderperformHold
Feb 12, 2024SusquehannaMarket PerformMarket PerformHold
Jan 19, 2024SusquehannaMarket PerformMarket PerformHold
Dec 11, 2023B. Riley SecuritiesBuyUpgrade
Dec 11, 2023B. RileyNeutralDowngrade
Dec 11, 2023Piper SandlerNeutralNeutralHold
Dec 08, 2023Cowen & Co.Market PerformMarket PerformHold
Dec 08, 2023Summit Insights GroupBuyUpgrade
Nov 28, 2023SusquehannaPositivePositiveHold
Sep 01, 2023Rosenblatt SecuritiesBuyBuyHold
Sep 01, 2023BenchmarkBuyBuyHold
Sep 01, 2023Raymond JamesMarket PerformMarket PerformHold
Sep 01, 2023Telsey AdvisoryOverweightOverweightHold
Aug 29, 2023BMO CapitalOutperformOutperformHold
Aug 25, 2023SusquehannaPositivePositiveHold
Aug 25, 2023OppenheimerOutperformOutperformHold
Jul 12, 2023Deutsche BankBuyBuyHold
Jun 05, 2023Wells FargoEqual-WeightEqual-WeightHold
Jun 02, 2023BernsteinOutperformOutperformHold
Jun 02, 2023KeyBancOverweightOverweightHold
Jun 02, 2023OppenheimerBuyBuyHold
Mar 03, 2023CFRABuyUpgrade
Mar 03, 2023Wells FargoEqual-WeightEqual-WeightHold
Mar 03, 2023SusquehannaPositivePositiveHold
Mar 03, 2023Deutsche BankBuyBuyHold
Mar 03, 2023Credit SuisseBuyBuyHold
Dec 09, 2022Rosenblatt SecuritiesBuyBuyHold
Dec 09, 2022Raymond JamesMarket PerformMarket PerformHold
Dec 09, 2022KeyBancOverweightOverweightHold
Dec 09, 2022BMO CapitalOutperformOutperformHold
Dec 05, 2022SusquehannaPositivePositiveHold
Dec 05, 2022Piper SandlerOverweightOverweightHold
Nov 03, 2022Deutsche BankHoldHoldHold
Sep 02, 2022UBSSellSellHold
Sep 02, 2022Rosenblatt SecuritiesBuyBuyHold
Sep 02, 2022Raymond JamesMarket PerformMarket PerformHold
Sep 02, 2022Bank of America SecuritiesBuyBuyHold
Sep 02, 2022BMO CapitalOutperformOutperformHold
Sep 02, 2022JefferiesBuyBuyHold
Jul 30, 2022Deutsche BankBuyBuyHold
May 31, 2022Piper SandlerOverweightOverweightHold
May 23, 2022Mizuho SecuritiesBuyBuyHold
May 09, 2022SusquehannaBuyBuyHold
Mar 04, 2022Morgan StanleyOverweightOverweightHold
Feb 22, 2022NeedhamBuyInitialise
Dec 18, 2021Argus ResearchBuyBuyHold
Dec 08, 2021Credit SuisseOutperformOutperformHold

Broadcom's last stock rating was published by CICC on Dec 16, 2024. The company Upgrade its AVGO rating from "null" to "Outperform".

Broadcom Financial Forecast

Broadcom Revenue Forecast

Nov 27Aug 27May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20
Revenue---------------$11.96B------$8.10B--$6.78B$6.61B-$6.47B$5.82B
Avg Forecast$21.87B$20.52B$19.64B$19.18B$18.89B$17.86B$17.22B$16.94B$16.62B$15.44B$14.63B$14.62B$14.07B$12.98B$12.05B$11.79B$9.28B$8.86B$8.70B$8.90B$8.90B$8.41B$7.91B$7.61B$7.36B$6.76B$6.51B$6.62B$6.43B$5.76B
High Forecast$22.08B$20.71B$19.82B$19.35B$19.07B$18.02B$17.38B$17.10B$16.78B$15.59B$14.77B$14.66B$14.24B$12.98B$12.05B$11.79B$9.30B$8.94B$8.78B$8.98B$9.37B$8.81B$8.29B$7.97B$7.71B$7.08B$6.82B$6.93B$6.74B$6.04B
Low Forecast$21.80B$20.45B$19.58B$19.12B$18.84B$17.80B$17.17B$16.89B$16.57B$15.40B$14.58B$14.58B$14.01B$12.97B$12.04B$11.79B$9.27B$8.83B$8.68B$8.87B$8.47B$8.01B$7.53B$7.24B$7.00B$6.43B$6.19B$6.30B$6.12B$5.49B
# Analysts1489151016811711717211614817810161077118138889
Surprise %---------------1.01%------1.02%--1.00%1.02%-1.01%1.01%

Broadcom's average Quarter revenue forecast for May 24 based on 14 analysts is $12.05B, with a low forecast of $12.04B, and a high forecast of $12.05B. AVGO's average Quarter revenue forecast represents a 0.73% increase compared to the company's last Quarter revenue of $11.96B (Feb 24).

Broadcom EBITDA Forecast

Nov 27Aug 27May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20
# Analysts1489151016811711717211614817810161077118138889
EBITDA---------------$5.40B------$4.59B--$3.67B$3.48B-$3.17B$2.83B
Avg Forecast$11.24B$10.55B$10.09B$9.86B$9.71B$9.18B$8.85B$8.71B$8.54B$7.94B$7.52B$7.51B$7.23B$6.67B$5.10B$6.06B$4.77B$4.55B$4.63B$4.47B$4.66B$4.41B$4.21B$3.98B$3.85B$3.54B$3.46B$3.47B$3.37B$3.02B
High Forecast$11.35B$10.64B$10.19B$9.95B$9.80B$9.26B$8.93B$8.79B$8.62B$8.01B$7.59B$7.53B$7.32B$6.67B$6.12B$6.06B$4.78B$4.59B$5.56B$5.37B$4.91B$4.62B$5.06B$4.18B$4.04B$3.71B$4.15B$3.63B$3.53B$3.16B
Low Forecast$11.21B$10.51B$10.06B$9.83B$9.68B$9.15B$8.82B$8.68B$8.52B$7.91B$7.50B$7.49B$7.20B$6.67B$4.08B$6.06B$4.76B$4.54B$3.71B$3.58B$4.44B$4.20B$3.37B$3.79B$3.67B$3.37B$2.77B$3.30B$3.21B$2.88B
Surprise %---------------0.89%------1.09%--1.04%1.01%-0.94%0.94%

14 analysts predict AVGO's average Quarter EBITDA for May 24 to be $5.10B, with a high of $6.12B and a low of $4.08B. This is -5.56% lower than Broadcom's previous annual EBITDA (Feb 24) of $5.40B.

Broadcom Net Income Forecast

Nov 27Aug 27May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20
# Analysts1489151016811711717211614817810161077118138889
Net Income---------------$1.32B------$2.59B--$1.88B$1.49B-$1.32B$688.00M
Avg Forecast$11.44B$10.66B$10.09B$10.12B$9.85B$9.23B$8.84B$8.74B$8.43B$7.71B$7.20B$7.27B$6.73B$5.87B$2.88B$5.01B$5.29B$5.04B$2.61B$2.17B$4.79B$4.46B$2.38B$3.79B$3.61B$3.21B$1.37B$3.06B$2.91B$2.44B
High Forecast$11.58B$10.79B$10.21B$10.24B$9.97B$9.34B$8.95B$8.85B$8.53B$7.80B$7.29B$7.42B$6.78B$6.18B$3.45B$5.07B$5.35B$5.10B$3.14B$2.60B$5.12B$4.74B$2.85B$4.03B$3.83B$3.41B$1.64B$3.25B$3.10B$2.60B
Low Forecast$11.40B$10.62B$10.05B$10.08B$9.81B$9.20B$8.81B$8.71B$8.39B$7.68B$7.17B$6.97B$6.54B$5.56B$2.30B$4.99B$5.18B$5.02B$2.09B$1.73B$4.49B$4.18B$1.90B$3.55B$3.38B$3.01B$1.09B$2.87B$2.73B$2.29B
Surprise %---------------0.26%------1.09%--0.58%1.09%-0.45%0.28%

Broadcom's average Quarter net income forecast for May 24 is $2.88B, with a range of $2.30B to $3.45B. AVGO's average Quarter net income forecast represents a 117.08% increase compared to the company's last Quarter net income of $1.32B (Feb 24).

Broadcom SG&A Forecast

Nov 27Aug 27May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20
# Analysts1489151016811711717211614817810161077118138889
SG&A---------------$1.29B------$368.00M--$346.00M$325.00M-$405.00M$428.00M
Avg Forecast$1.28B$1.20B$1.15B$1.12B$1.10B$1.04B$1.00B$988.63M$969.90M$901.16M$853.71M$852.88M$820.94M$757.36M$373.51M$688.26M$541.35M$516.74M$339.55M$367.35M$519.42M$490.81M$308.68M$443.87M$429.28M$394.19M$336.42M$386.16M$375.14M$336.40M
High Forecast$1.29B$1.21B$1.16B$1.13B$1.11B$1.05B$1.01B$997.85M$978.94M$909.56M$861.67M$855.22M$830.86M$757.73M$448.21M$688.28M$542.51M$521.56M$407.46M$440.82M$546.71M$514.34M$370.42M$465.15M$449.87M$413.10M$403.70M$404.68M$393.13M$352.53M
Low Forecast$1.27B$1.19B$1.14B$1.12B$1.10B$1.04B$1.00B$985.59M$966.92M$898.39M$851.09M$850.54M$817.43M$756.99M$298.81M$688.24M$540.76M$515.15M$271.64M$293.88M$494.28M$467.31M$246.95M$422.61M$408.73M$375.32M$269.13M$367.67M$357.18M$320.29M
Surprise %---------------1.87%------1.19%--0.88%0.97%-1.08%1.27%

Broadcom's average Quarter SG&A projection for May 24 is $373.51M, based on 14 Wall Street analysts, with a range of $298.81M to $448.21M. The forecast indicates a -70.98% fall compared to AVGO last annual SG&A of $1.29B (Feb 24).

Broadcom EPS Forecast

Nov 27Aug 27May 27Feb 27Nov 26Aug 26May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20
# Analysts1489151016811711717211614817810161077118138889
EPS---------------$2.84------$6.14--$4.37$3.45-$3.08$1.52
Avg Forecast$2.37$2.21$2.09$2.10$2.04$1.91$1.83$1.81$1.75$1.60$1.49$1.51$1.39$1.22$1.08$1.04$1.10$1.04$1.01$1.02$1.03$0.96$0.87$0.81$0.77$0.69$0.64$0.66$0.62$0.52
High Forecast$2.40$2.23$2.11$2.12$2.06$1.94$1.85$1.83$1.77$1.62$1.51$1.54$1.40$1.28$1.10$1.05$1.11$1.06$1.02$1.03$1.10$1.02$0.93$0.86$0.82$0.73$0.68$0.70$0.66$0.56
Low Forecast$2.36$2.20$2.08$2.09$2.03$1.90$1.82$1.80$1.74$1.59$1.48$1.44$1.35$1.15$1.08$1.03$1.07$1.04$1.01$1.01$0.96$0.90$0.82$0.76$0.73$0.65$0.60$0.62$0.59$0.49
Surprise %---------------2.74%------7.05%--6.35%5.36%-4.93%2.90%

According to 14 Wall Street analysts, Broadcom's projected average Quarter EPS for May 24 is $1.08, with a low estimate of $1.08 and a high estimate of $1.10. This represents a -61.84% decrease compared to AVGO previous annual EPS of $2.84 (Feb 24).

Broadcom Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AMDAdvanced Micro Devices$125.02$184.1347.28%Buy
NVDANVIDIA$130.39$168.5829.29%Buy
MUMicron$108.60$138.1827.24%Buy
INTCIntel$20.44$23.0712.87%Hold
MRVLMarvell$112.25$103.14-8.12%Buy
AVGOBroadcom$240.23$209.11-12.95%Buy
TSMTaiwan Semiconductor Manufacturing Company$200.66$171.67-14.45%Buy

AVGO Forecast FAQ

Is Broadcom a good buy?

Yes, according to 31 Wall Street analysts, Broadcom (AVGO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 27 'Buy' recommendations, accounting for 87.10% of AVGO's total ratings.

What is AVGO's price target?

Broadcom (AVGO) average price target is $209.11 with a range of $170 to $240, implying a -5.29% from its last price of $220.79. The data is based on 31 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Broadcom stock go up soon?

According to Wall Street analysts' prediction for AVGO stock, the company can go down by -5.29% (from the last price of $220.79 to the average price target of $209.11), up by 8.70% based on the highest stock price target, and down by -23.00% based on the lowest stock price target.

Can Broadcom stock reach $300?

AVGO's average twelve months analyst stock price target of $209.11 does not support the claim that Broadcom can reach $300 in the near future.

What is Broadcom's current price target trend?

1 Wall Street analyst forecast a $233 price target for Broadcom (AVGO) this month, up 5.53% from its last price of $220.79. Compared to the last 3 and 12 months, the average price target increased by 0.85% and decreased by -17.39%, respectively.

Did the AVGO's actual financial results beat the analysts' financial forecasts?

In terms of the last quarterly report (Feb 2024), Broadcom's revenue was $11.96B, beating the average analysts' forecast of $11.79B by 1.41%. The company's EBITDA was $5.4B, missing the average prediction of $6.06B by -10.96%. Broadcom's net income was $1.32B, missing the average estimation of $5.01B by -73.53%. The company's SG&A was $1.29B, beating the average forecast of $688.26M by 86.99%. Lastly, the company's EPS was $2.84, beating the average prediction of $1.04 by 173.93%