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Broadcom (AVGO) Stock Price, News & Analysis

+42.55 (+2.50%)
(As of 07/8/2024 ET)
Today's Range
50-Day Range
52-Week Range
3.62 million shs
Average Volume
3.22 million shs
Market Capitalization
$812.68 billion
P/E Ratio
Dividend Yield
Price Target

Broadcom MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.93 Rating Score
4.2% Downside
$1,673.04 Price Target
Short Interest
1.24% of Shares Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.31mentions of Broadcom in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$3.88 M Sold Last Quarter
Proj. Earnings Growth
From $37.19 to $49.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.76 out of 5 stars

Computer And Technology Sector

29th out of 568 stocks

Semiconductors & Related Devices Industry

5th out of 87 stocks

AVGO stock logo

About Broadcom Stock (NASDAQ:AVGO)

Broadcom Inc. is a technology company with a global presence specializing in designing and developing semiconductor and infrastructure software solutions. The company was founded in 1961 as a semiconductor company and has since become a leading player in the tech industry. Broadcom has established itself as a force in the market with a strong focus on innovation and customer satisfaction.

Broadcom's product portfolio includes various semiconductor solutions for wired and wireless communications, enterprise storage and industrial markets. The company also offers infrastructure software solutions, including network switches, network processors and storage controllers. With such a diverse range of products and solutions, Broadcom has become a one-stop shop for companies needing cutting-edge technology solutions.

One of the key strengths of Broadcom is that it has a  commitment to innovation. The company is heavily invested in research and development to stay ahead of the curve in the fast-paced tech industry. Broadcom's innovations have been instrumental in developing new products and services across various sectors, from healthcare to automotive to telecommunications.

Broadcom has also been very successful in expanding its customer base. The company's products and solutions are used by some of the world's leading companies, including Apple, Cisco and Samsung. This diverse customer base has helped insulate Broadcom from any particular industry's fluctuations.

The company has seen strong financial performance in recent years, with revenue and earnings growth driven by its expanding product portfolio and innovative solutions. 

Despite its impressive financial performance, Broadcom faces several challenges in the competitive tech industry. One of the biggest challenges is the ongoing trade dispute between the US and China, which has increased tariffs on many of Broadcom's products. The company has also faced scrutiny over its business practices, particularly its acquisition strategy.

Broadcom's acquisition strategy has been controversial, with some critics accusing the company of engaging in anti-competitive behavior. Broadcom has defended its strategy, arguing that the company must remain competitive in the tech industry. The company has also pledged to continue investing in research and development to ensure that it can continue to provide customers with innovative solutions.

Broadcom is well-positioned for long-term success in the tech industry. The company's commitment to innovation and customer satisfaction, combined with its strong financial performance, could make it an investment opportunity for those looking to invest in the tech sector. 

Broadcom Inc. is a global technology company that designs and develops semiconductor and infrastructure software solutions. Broadcom has become a leading player in the tech industry with a strong focus on innovation and customer satisfaction. The company remains positioned for long-term growth and success despite facing challenges like the ongoing trade dispute between the US and China. 

AVGO Stock Price History

AVGO Stock News Headlines

semiconductor chips
Better Than NVIDIA: Top 2 Semiconductor Stocks to Watch Today (AVGO)
Two stocks become a better choice for investors facing the potential headwind making a new analyst call the top at Nvidia
BlackBerry logo on back of phone
BlackBerry Stock: Strong Earnings, Profitability Challenges Ahead (AVGO)
Analyzing BlackBerry's business segments, recent earnings report, and prospects going forward. The firm reported Q1 fiscal year 2025 earnings on Jun. 26, 2024.
Next hot AI projects are NOT on the Nasdaq
Nearly 9 out of 10 Americans totally ignore this market. And you’ll probably never hear your broker mention it.
Super Micro logo on smartphone screen
Super Micro AI Stock: Should You Invest After a 275% Increase? (AVGO)
Super Micro's impressive stock performance raises questions about its valuation and future prospects amidst the rapid growth of the AI market.
microsoft logo sign on building
3 Strong Buy Stocks for a Sizzling Summer Rally
After last week's data dump of inflation readings and the Federal Reserve's latest decision to hold interest rates steady, investors can take a deep breath before the next earnings season kicks off in just a few weeks.
microsoft logo sign on building
3 Strong Buy Stocks for a Sizzling Summer Rally (AVGO)
Investors can take a deep breath before the next earnings season, but they should still invest in equities, including these three gems hiding in plain sight
Financial markets news icon
MarketBeat Week in Review – 6/10 - 6/14 (AVGO)
Markets pulled back to end the week, but investors are climbing the wall of worry despite higher-for-longer interest rates and lingering recession concerns
Next hot AI projects are NOT on the Nasdaq
Nearly 9 out of 10 Americans totally ignore this market. And you’ll probably never hear your broker mention it.
Broadcom logo sign
Broadcom Stock Soars 15.3% on Strong Q2 Results and Stock Split
Shares of Broadcom Inc. NASDAQ: AVGO soared 15.3% in the after-market hours of Wednesday evening. The reaction came after the company reported its second quarter 2024 financial results, which were better than expected, to say the least.
Broadcom logo sign
Broadcom Stock Soars 15.3% on Strong Q2 Results and Stock Split (AVGO)
Broadcom stock is giving investors a new reason to sick with it, especially at its new 10 to 1 stock split prices along with double-digit growth
Marvell logo building
Marvell Technology Data Center Revenues Surge, But the Rest Fall (AVGO)
Marvell Technology Inc. (NASDAQ: MRVL) is a leading semiconductor company in the computer and technology sector sector that designs and manufactures
Comparing Broadcom (NASDAQ:AVGO) and Nano Labs (NASDAQ:NA)
Broadcom (NASDAQ:AVGO) Trading Down 0.4%
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 6/28 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Semiconductors & related devices
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
28 Analysts


Net Income
$14.08 billion
Pretax Margin


Sales & Book Value

Annual Sales
$35.82 billion
Cash Flow
$45.18 per share
Book Value
$51.24 per share


Free Float
Market Cap
$812.68 billion

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Should I Buy Broadcom Stock? AVGO Pros and Cons Explained


Here are some ways that investors could benefit from investing in Broadcom:

  • 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.


Investors should be bearish about investing in Broadcom for these reasons:

  • No recent cons information available.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Broadcom pros and cons to

AVGO Stock Analysis - Frequently Asked Questions

How have AVGO shares performed this year?

Broadcom's stock was trading at $1,116.25 at the start of the year. Since then, AVGO stock has increased by 56.4% and is now trading at $1,745.86.
View the best growth stocks for 2024 here

How were Broadcom's earnings last quarter?

Broadcom Inc. (NASDAQ:AVGO) posted its earnings results on Wednesday, June, 12th. The semiconductor manufacturer reported $10.96 earnings per share for the quarter, topping analysts' consensus estimates of $10.79 by $0.18. The company's revenue was up 43.0% on a year-over-year basis.
Read the conference call transcript

When did Broadcom's stock split?

Shares of Broadcom split before market open on Monday, July 15th 2024. The 10-1 split was announced on Wednesday, June 12th 2024. The newly issued shares will be payable to shareholders after the closing bell on Friday, July 12th 2024. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split.

What is Hock E. Tan's approval rating as Broadcom's CEO?

159 employees have rated Broadcom Chief Executive Officer Hock E. Tan on Hock E. Tan has an approval rating of 38% among the company's employees. This puts Hock E. Tan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 45.0% of employees surveyed would recommend working at Broadcom to a friend.

Does Broadcom have any subsidiaries?

Broadcom subsidiaries include these companies: AppNeta, Bay Dynamics, NortonLifeLock, Camel Expeditionary, Brocade Communications Systems, MagnaCom, BroadLogic Network Technologies, and others.

Who are Broadcom's major shareholders?

Top institutional investors of Broadcom include DNB Asset Management AS (0.03%), M&R Capital Management Inc., Boston Common Asset Management LLC and Appleton Partners Inc. MA. Insiders that own company stock include Hock E Tan, Kirsten M Spears, Mark David Brazeal, Charlie B Kawwas, Check Kian Low, Justine Page, Diane M Bryant, Raul J Fernandez, Kenneth Hao, Gayla J Delly, Justine Lien and Thomas H Krause.
View institutional ownership trends

How do I buy shares of Broadcom?

Shares of AVGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Broadcom own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Broadcom investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), Walt Disney (DIS), QUALCOMM (QCOM) and Intel (INTC).

This page (NASDAQ:AVGO) was last updated on 7/9/2024 by Staff

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