Broadcom
AVGO

$151.63

1.59%

Market Cap: 706B

About: Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.

Employees: 20,000

Information Technology Semiconductors & Related Devices

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 64 analysts

0

News positive %

of 150 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

101% more first-time investments, than exits

New positions opened: 321 | Existing positions closed: 160

16% more capital invested

Capital invested by funds: $395B [Q4 2023] → $461B (+$65B) [Q1 2024]

12% more funds holding in top 10

Funds holding in top 10: 386 [Q4 2023] → 434 (+48) [Q1 2024]

6% more funds holding

Funds holding: 2,788 [Q4 2023] → 2,949 (+161) [Q1 2024]

0.55% less ownership

Funds ownership: 75.72% [Q4 2023] → 75.17% (-0.55%) [Q1 2024]

7% less repeat investments, than reductions

Existing positions increased: 1,129 | Existing positions reduced: 1,208

8% less call options, than puts

Call options by funds: $14.3B | Put options by funds: $15.6B

See Fund Rankings

Research analyst outlook

64 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$130

14%

downside

Avg. target

$169

12%

upside

High target

$240

58%

upside

64 analyst ratings

61 positive

95%

3 neutral

5%

0 negative

0%

Cantor Fitzgerald C J Muse	32%upside $200	Overweight Maintained	17 Jul 2024
Oppenheimer Rick Schafer	32%upside $200	Outperform Maintained	16 Jul 2024
TD Cowen Matthew Ramsay	39%upside $210	Buy Maintained	16 Jul 2024
Cantor Fitzgerald C J Muse	32%upside $200	Overweight Maintained	16 Jul 2024
Rosenblatt Hans Mosesmann	58%upside $240	Buy Maintained	11 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 150 articles about AVGO published over the past 30 days

3 Standout Semiconductor Stocks to Buy Now

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3 Standout Semiconductor Stocks to Buy Now

The Motley Fool

Better Stock-Split Buy: Nvidia vs. Broadcom

Nvidia dominated the AI investing scene for over a year. Broadcom's future growth is projected to be higher than Nvidia's.

Better Stock-Split Buy: Nvidia vs. Broadcom

7 Fantastic Forever Stocks to Buy and Never Let Go

Investing in the stock market requires a strategic approach. Especially when one is aiming for long-term financial growth and stability.

7 Fantastic Forever Stocks to Buy and Never Let Go

Zacks Investment Research

Broadcom Inc. (AVGO) Suffers a Larger Drop Than the General Market: Key Insights

Broadcom Inc. (AVGO) closed at $149.26 in the latest trading session, marking a -1.37% move from the prior day.

Broadcom Inc. (AVGO) Suffers a Larger Drop Than the General Market: Key Insights

Bargain Alert: 3 Stocks Worth Watching While The Market Cools

Since closing at a record high less than 10 days ago, the benchmark S&P 500 index has been on the back foot. For the moment, it's not looking like a whole lot more than a healthy mid-rally correction.

Bargain Alert: 3 Stocks Worth Watching While The Market Cools

The Motley Fool

3 Unstoppable Growth Stocks to Buy if There's a Stock Market Sell-Off

Broadcom is benefitting from the AI boom but there's more behind the scenes. Nvidia's AI growth will eventually slow, but the business is diversified.

3 Unstoppable Growth Stocks to Buy if There's a Stock Market Sell-Off

3 Rising Stocks That Can Keep Up With the Magnificent 7

The Magnificent Seven stocks have carried major indices to all-time highs. Some of these stocks were also in the FAANG acronym, but regardless of how you group them, mega-cap big tech companies continue to lead the market.

3 Rising Stocks That Can Keep Up With the Magnificent 7

7 Trustworthy Dividend Stocks to Steadily Build Your Portfolio

Arguably, there's never a bad time to consider trustworthy dividend stocks. By securing passive income, you can complement any returns you generate through speculation.

7 Trustworthy Dividend Stocks to Steadily Build Your Portfolio

The Motley Fool

Why Artificial Intelligence (AI) Chip Stocks Broadcom, Taiwan Semiconductor Manufacturing, and Arm Holdings Plunged Today

Big tech earnings may have disappointed some, despite still being pretty good. Commentary on AI spending remains positive, but investors may fear the good times won't last.

Why Artificial Intelligence (AI) Chip Stocks Broadcom, Taiwan Semiconductor Manufacturing, and Arm Holdings Plunged Today

Bullish on MU, AVGO & Bearish on GOOGL

Tom White takes a look at options trades for Alphabet (GOOGL), Micron (MU), and Broadcom (AVGO). He is bearish on GOOGL, bullish on MU and neutral to bullish on AVGO.

Bullish on MU, AVGO & Bearish on GOOGL

See News Rankings