Broadcom Inc (AVGO) Stock Forecast & Predictions

Broadcom Inc AVGO: $454.9

1320 Ridder Park Dr, San Jose, California, US. | Sector: Manufacturing | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.broadcom.com/

  • Market Cap$187.73B
  • Change (52 Weeks)83.27%
  • Low (52 Weeks)$245.84
  • Broadcom Inc (AVGO) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Broadcom Inc (AVGO) stock price is $454.9 and the 52 weeks low is $245.84, which means the Broadcom Inc stock price is up 83.27% in the last 12 months.

    Broadcom Inc (AVGO) Stock Price has been Trending Strongly with an ADX reading of 35.62 as per the Weekly Chart.

    A Upward trend indicates that Broadcom Inc (AVGO) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that AVGO Stock price might rise further, 31.25% indicating that AVGO Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall AVGO stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Broadcom Inc (AVGO) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Broadcom Inc (AVGO) is based on 37 Institutional Analyst Ratings where 59.46% are on Strong Buy, 24.32% on Moderate Buy, 16.22% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 37 Institutional Analysts, majority recommended AVGO stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Broadcom Inc.

    Broadcom Inc (AVGO) Stock Price Prediction By Analysts


    HighLowAverage
    $609.00$429.25$523.11
    $523.1114.99% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for AVGO set by the institutional analysts is $523.11 where High Estimate is $609.00, Median $515.1 and Low $429.25.

    The average price target for AVGO by Institutional Analysts is $523.11, which is 14.99% Upside from the current price. So according to the Institutional Analysts, AVGO Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Broadcom Inc (AVGO) Stock Forecast Based on News Sentiment


    Bullish
    Based on 13 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about AVGO, it shows that Broadcom Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that AVGO stock price may surge in the next few weeks.

    Broadcom Inc (AVGO) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wells FargoEqual-WeightMaintained
    RosenblattBuyMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    KeyBancOverweightMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightMaintained
    OppenheimerOutperformMaintained
    BarclaysOverweightMaintained
    RosenblattBuyMaintained
    KeyBancOverweightMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyOverweightMaintained
    Piper SandlerOverweightMaintained
    Wells FargoEqual-WeightMaintained
    UBSBuyMaintained
    Truist SecuritiesBuyMaintained
    RosenblattBuyMaintained
    Morgan StanleyOverweightMaintained
    MizuhoBuyMaintained
    Loop CapitalBuyMaintained
    KeyBancOverweightMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    OppenheimerOutperformMaintained
    Evercore ISI GroupOutperformUpgraded
    MizuhoBuyMaintained
    Credit SuisseOutperformReiterated
    UBSBuyMaintained
    Suntrust Robinson HumphreyBuyMaintained
    RosenblattBuyMaintained
    Piper SandlerOverweightMaintained
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    B of A SecuritiesBuyMaintained
    Charter EquityMarket OutperformUpgraded
    KeyBancOverweightMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    BMO CapitalOutperformUpgraded
    UBSBuyMaintained
    RosenblattBuyMaintained
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    CitigroupBuyMaintained
    BairdOutperformMaintained
    Morgan StanleyOverweightMaintained
    B of A SecuritiesBuyReiterated
    SunTrust Robinson HumphreyBuyMaintained
    CitigroupBuyMaintained
    Wells FargoEqual-WeightMaintained
    MizuhoBuyReiterated
    KeyBancOverweightMaintained
    BMO CapitalMarket PerformMaintained
    OppenheimerOutperformMaintained
    PiperJaffrayOverweightMaintained
    CascendBuyReiterated
    Morgan StanleyOverweightUpgraded
    Morgan StanleyEqual-WeightMaintained
    Wells FargoMarket PerformMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    MizuhoBuyReiterated
    Loop CapitalHoldDowngraded
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    RBC CapitalOutperformInitiated
    BairdOutperformMaintained
    UBSBuyMaintained
    Summit Insights GroupBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Charter EquityMarket PerformDowngraded
    BMO CapitalMarket PerformMaintained
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSBuyMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    MizuhoBuyMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysOverweightMaintained
    Cowen & Co.Market PerformDowngraded
    Morgan StanleyEqual-WeightMaintained
    UBSBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    MKM PartnersBuyMaintained
    BMO CapitalMarket PerformMaintained
    Deutsche BankBuyMaintained
    B. Riley FBRBuyUpgraded
    NomuraBuyUpgraded
    Bank of AmericaBuyUpgraded
    B. Riley FBRNeutralMaintained
    KeyBancOverweightMaintained
    UBSBuyMaintained
    Goldman SachsNeutralDowngraded
    Bank of AmericaNeutralReiterated
    Raymond JamesMarket PerformDowngraded
    BMO CapitalMarket PerformDowngraded
    RBC CapitalOutperformDowngraded
    NomuraNeutralMaintained
    MacquarieNeutralDowngraded
    Evercore ISI GroupIn-LineDowngraded
    B. Riley FBRNeutralDowngraded
    Loop CapitalBuyInitiated
    BenchmarkBuyInitiated
    JefferiesBuyMaintained
    CitigroupBuyMaintained
    Canaccord GenuityBuyMaintained
    Bank of AmericaBuyMaintained
    B. Riley FBRBuyMaintained
    Evercore ISI GroupOutperformInitiated
    NomuraNeutralDowngraded
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    Canaccord GenuityBuyMaintained
    Bank of AmericaBuyMaintained
    BairdOutperformMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    Morgan StanleyOverweightMaintained
    PiperJaffrayOverweightInitiated
    UBSBuyInitiated
    Deutsche BankBuyMaintained
    BMO CapitalOutperformMaintained
    KeyBancOverweightMaintained
    Canaccord GenuityBuyMaintained
    BMO CapitalOutperformMaintained
    NomuraBuyMaintained
    BarclaysOverweightMaintained
    KeyBancOverweightMaintained
    JefferiesBuyMaintained
    Morgan StanleyOverweightMaintained
    MacquarieOutperformInitiated
    Loop CapitalBuyInitiated
    Pacific CrestOverweightMaintained
    Wells FargoMarket PerformInitiated
    BernsteinOutperformInitiated
    BernsteinOutperformInitiated
    SusquehannaPositiveInitiated
    NomuraBuyMaintained
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    BarclaysOverweightMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    BairdOutperformInitiated
    SunTrust Robinson HumphreyBuyMaintained
    RBC CapitalTop PickMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyOverweightMaintained
    JefferiesBuyMaintained
    Goldman SachsBuyMaintained
    Deutsche BankBuyMaintained
    Craig-HallumBuyMaintained
    Cowen & Co.OutperformMaintained
    Cantor FitzgeraldBuyMaintained
    Brean CapitalBuyMaintained
    BarclaysOverweightMaintained
    B. Riley FBRBuyMaintained
    B. RileyBuyMaintained
    CLSAOutperformInitiated
    Goldman SachsBuyMaintained
    Cowen & Co.OutperformInitiated
    NomuraBuyMaintained
    Morgan StanleyOverweightMaintained
    MKM PartnersBuyMaintained
    JP MorganOverweightMaintained
    Goldman SachsBuyMaintained
    FBR CapitalOutperformMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    B. Riley FBRBuyInitiated
    B. RileyBuyInitiated
    Sidoti & Co.BuyMaintained
    TopekaHoldInitiated
    JP MorganOverweightUpgraded
    Goldman SachsBuyInitiated
    BarclaysOverweightInitiated
    SunTrust Robinson HumphreyBuyInitiated
    RBC CapitalTop PickUpgraded
    Brean CapitalBuyMaintained
    SusquehannaPositiveInitiated
    Drexel HamiltonBuyInitiated
    JMP SecuritiesMarket OutperformUpgraded
    MKM PartnersBuyMaintained
    JefferiesBuyMaintained
    Brean CapitalBuyMaintained
    CLSABuyUpgraded
    Canaccord GenuityBuyMaintained
    BMO CapitalOutperformInitiated
    Argus ResearchBuyInitiated
    ArgusBuyInitiated
    Drexel HamiltonBuyInitiated
    Pacific CrestOverweightMaintained
    JefferiesBuyUpgraded
    MizuhoBuyInitiated
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    DA DavidsonBuyUpgraded
    NomuraBuyMaintained
    JP MorganNeutralMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyOverweightMaintained
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    DA DavidsonNeutralMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    Brean CapitalBuyMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    Brean CapitalBuyMaintained
    Morgan StanleyOverweightMaintained
    Brean CapitalBuyUpgraded
    Canaccord GenuityBuyMaintained
    NomuraMaintained
    BarclaysOverweightMaintained
    OppenheimerOutperformMaintained
    MKM PartnersBuyMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    Raymond JamesOutperformMaintained
    Deutsche BankBuyInitiated
    NomuraBuyMaintained
    Pacific CrestOutperformMaintained
    BarclaysOverweightInitiated
    Goldman SachsBuyMaintained
    Pacific CrestOutperformInitiated
    Raymond JamesOutperformInitiated
    DA DavidsonNeutralDowngraded
    JMP SecuritiesMarket PerformDowngraded
    NomuraBuyMaintained
    NomuraBuyMaintained
    DA DavidsonBuyMaintained
    OppenheimerOutperformInitiated
    CitigroupNeutralMaintained
    DA DavidsonBuyUpgraded
    MKM PartnersBuyInitiated
    Goldman SachsConviction BuyUpgraded
    Charter EquityBuyDowngraded
    JMP SecuritiesMarket OutperformUpgraded
    NomuraBuyMaintained
    DA DavidsonNeutralMaintained
    Canaccord GenuityBuyMaintained
    JMP SecuritiesMarket PerformInitiated
    Brean CapitalHoldDowngraded
    CitigroupNeutralDowngraded
    JefferiesHoldDowngraded
    Morgan StanleyOverweightInitiated
    Deutsche BankBuyMaintained
    DA DavidsonNeutralMaintained
    TopekaBuyInitiated
    Goldman SachsBuyUpgraded
    DA DavidsonNeutralMaintained
    DA DavidsonNeutralMaintained
    DA DavidsonNeutralDowngraded
    CapstoneBuyInitiated
    BarclaysOverweightMaintained
    Canaccord GenuityBuyMaintained
    CitigroupBuyMaintained
    UBSBuyInitiated
    Goldman SachsNeutralInitiated
    Canaccord GenuityBuyInitiated
    JP MorganNeutralMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained

    Broadcom Inc (AVGO) Stock Earning Per Share (EPS) Forecast / Estimate


    $6.542
    The average consensus EPS for AVGO is $6.542 with a high estimate of $6.888 and Low of $5.988 for the period 2021-06-30 and based on 30 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $6.35$6.37417379999999942020-12-31


    The latest average Earning Per Share Estimate for Broadcom Inc is $6.54, which is higher than AVGO's last EPS, $6.35. This means that Analysts are expecting Broadcom Inc to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Broadcom Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $6.35$6.37417379999999942020-12-31
    $5.4$5.3417400000000012020-09-30
    $5.14$5.244332020-06-30
    $5.25$5.4369264000000012020-03-31
    $5.39$5.4615288000000012019-12-31
    $5.16$5.22921360000000052019-09-30
    $5.21$5.26214942019-06-30
    $5.55$5.33073422019-03-31
    $5.85$5.68866242018-12-31
    $4.98$4.92833399999999952018-09-30
    $4.88$4.8576276000000012018-06-30
    $5.12$5.15104080000000052018-03-31
    $4.59$4.6087782000000012017-12-31
    $4.1$4.10797862017-09-30
    $3.69$3.5713772017-06-30
    $3.63$3.54814142017-03-31
    $3.47$3.44512142016-12-31
    $2.89$2.81149742016-09-30
    $2.53$2.425052016-06-30
    $2.41$2.34435782016-03-31
    $2.51$2.42615162015-12-31
    $2.24$2.18094360000000042015-09-30
    $2.13$2.05122000000000032015-06-30
    $2.09$1.97384280000000012015-03-31
    $1.99$1.72374900000000022014-12-31
    $1.26$1.07580422014-09-30
    $0.85$0.77574062014-06-30
    $0.84$0.79167300000000012014-03-31
    $0.89$0.83931720000000012013-12-31
    $0.67$0.64551722013-09-30
    $0.54$0.52022013-06-30
    $0.58$0.55794000000000012013-03-31
    $0.71$0.68679662012-12-31
    $0.66$0.63888722012-09-30
    $0.61$0.60034142012-06-30
    $0.57$0.57041462012-03-31
    $0.69$0.68432822011-12-31
    $0.64$0.63807120000000012011-09-30
    $0.6$0.61652882011-06-30
    $0.62$0.57994142011-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).