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NASDAQ: AVGO
Broadcom Inc Stock Forecast, Predictions & Price Target

Analyst price target for AVGO

Based on 22 analysts offering 12 month price targets for Broadcom Inc.
Min Forecast
$1,200.00-3.94%
Avg Forecast
$1,562.59+25.09%
Max Forecast
$1,720.00+37.69%

Should I buy or sell AVGO stock?

Based on 22 analysts offering ratings for Broadcom Inc.
Strong Buy
Strong Buy
17 analysts 77.27%
Buy
5 analysts 22.73%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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AVGO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-17Find Out Why
lockedlocked$00.00+00.00%2024-04-16
lockedlocked$00.00+00.00%2024-04-08
lockedlocked$00.00+00.00%2024-03-21
lockedlocked$00.00+00.00%2024-03-21Find Out Why
Rosenblatt
Top 1%
100
Strong BuyReiterates$1,500.00+20.08%2024-03-21
TD Cowen
Top 11%
90
BuyUpgrades$1,500.00+20.08%2024-03-21Find out why
Citigroup
Top 7%
94
Strong BuyMaintains$1,560.00+24.88%2024-03-11Find out why
Cantor Fitzgerald
Top 6%
95
Strong BuyReiterates$1,600.00+28.08%2024-03-11
Goldman Sachs
Top 3%
98
Strong BuyMaintains$1,550.00+24.08%2024-03-11

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Forecast return on equity

Is AVGO forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

Is AVGO forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

AVGO revenue forecast

What is AVGO's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$50.4B+29.59%
Avg 2 year Forecast
$56.7B+45.76%
Avg 3 year Forecast
$60.3B+55.13%
AVGO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

AVGO earnings growth forecast

How is AVGO forecast to perform vs Semiconductors companies and vs the US market?
Company
34.11%
Industry
9.34%
Market
21.77%
AVGO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
AVGO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
AVGO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

AVGO revenue growth forecast

How is AVGO forecast to perform vs Semiconductors companies and vs the US market?
Company
16.56%
Industry
25.05%
Market
10.16%
AVGO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AVGO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AVGO vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
AVGO$1,249.19$1,562.59+25.09%Strong Buy
TSM$133.43$162.00+21.41%Strong Buy
AMD$152.27$201.50+32.33%Strong Buy
QCOM$161.35$171.71+6.42%Strong Buy
TXN$165.47$172.21+4.07%Buy

Broadcom Stock Forecast FAQ

Is Broadcom Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 22 Wall Street analysts covering (NASDAQ: AVGO) stock is to Strong Buy AVGO stock.

Out of 22 analysts, 17 (77.27%) are recommending AVGO as a Strong Buy, 5 (22.73%) are recommending AVGO as a Buy, 0 (0%) are recommending AVGO as a Hold, 0 (0%) are recommending AVGO as a Sell, and 0 (0%) are recommending AVGO as a Strong Sell.

If you're new to stock investing, here's how to buy Broadcom stock.

What is AVGO's revenue growth forecast for 2024-2026?

(NASDAQ: AVGO) Broadcom's forecast annual revenue growth rate of 16.56% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 25.05%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Broadcom's revenue in 2024 is $38,865,000,000.On average, 9 Wall Street analysts forecast AVGO's revenue for 2024 to be $23,340,930,758,107, with the lowest AVGO revenue forecast at $22,955,570,974,795, and the highest AVGO revenue forecast at $23,997,341,915,571. On average, 9 Wall Street analysts forecast AVGO's revenue for 2025 to be $26,252,969,712,428, with the lowest AVGO revenue forecast at $24,296,920,574,230, and the highest AVGO revenue forecast at $27,793,688,689,075.

In 2026, AVGO is forecast to generate $27,939,880,479,341 in revenue, with the lowest revenue forecast at $25,990,613,974,368 and the highest revenue forecast at $29,889,146,984,315.

What is AVGO's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: AVGO) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of N/A.

What is AVGO's Price Target?

According to 22 Wall Street analysts that have issued a 1 year AVGO price target, the average AVGO price target is $1,562.59, with the highest AVGO stock price forecast at $1,720.00 and the lowest AVGO stock price forecast at $1,200.00.

On average, Wall Street analysts predict that Broadcom's share price could reach $1,562.59 by Apr 17, 2025. The average Broadcom stock price prediction forecasts a potential upside of 25.09% from the current AVGO share price of $1,249.19.

What is AVGO's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: AVGO) forecast ROE is N/A, which is considered weak.
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