Broadcom Inc (NASDAQ: AVGO) Prices Could Soar To Much Higher Levels In Coming Months

In the last trading session, 25.2 million Broadcom Inc (NASDAQ:AVGO) shares changed hands as the company’s beta touched 1.12. With the company’s per share price at $244.28 changed hands at -$2.65 or -1.07% during last session, the market valuation stood at $1148.59B. AVGO’s last price was a discount, traded about -8.66% off its 52-week high of $265.43. The share price had its 52-week low at $128.50, which suggests the last value was 47.4% up since then. When we look at Broadcom Inc’s average trading volume, we note the 10-day average is 27.57 million shares, with the 3-month average coming to 29.24 million.

Analysts gave the Broadcom Inc (AVGO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.41. If we narrow down to specifics, the data shows that 0 out of 27 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended AVGO as a Hold, 26 felt it is a Buy and 0 rated the stock as Underweight. Broadcom Inc’s EPS for the current quarter is expected to be 1.66.

Broadcom Inc (NASDAQ:AVGO) trade information

Instantly AVGO was in red as seen at the end of in last trading. With action -1.78%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 5.37%, with the 5-day performance at -1.78% in the red. However, in the 30-day time frame, Broadcom Inc (NASDAQ:AVGO) is 17.57% up. Looking at the short shares, we see there were 55.26 million shares sold at short interest cover period of 2.64 days.

The consensus price target for the stock as assigned by Wall Street analysts is 250, meaning bulls need an upside of 2.29% from its current market value. According to analyst projections, AVGO’s forecast low is 215 with 295 as the target high. To hit the forecast high, the stock’s price needs a -20.76% plunge from its current level, while the stock would need to tank 11.99% for it to hit the projected low.

Broadcom Inc (AVGO) estimates and forecasts

Year-over-year growth is forecast to reach 21.59% up from the last financial year.

Consensus estimates given by 31 financial analysts project the company’s revenue in the current quarter to hit an average of 15.82B. 29 analysts are of the opinion that Broadcom Inc’s revenue for the current quarter will be 16.98B. The company’s revenue for the corresponding quarters a year ago was 13.07B and 14.05B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 21.00%. The estimates for the next quarter sales put growth at 20.81%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 13.91%. The 2025 estimates are for Broadcom Inc earnings to increase by 36.15%, but the outlook for the next 5-year period is at 25.03% per year.

AVGO Dividends

Broadcom Inc is expected to release its next quarterly earnings report on 2025-Jun-04. The 0.91% annual yield figure for the share gives it an annual dividend of 2.23. It is important to note, however, that the 0.91% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.39 per year.

Broadcom Inc (NASDAQ:AVGO)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 2.02% of Broadcom Inc shares while 79.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 80.84%. There are 79.21% institutions holding the Broadcom Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.612% of the shares, roughly 44.82 million AVGO shares worth $71.96 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.3344% or 34.2 million shares worth $54.91 billion as of 2024-06-30.

Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 148.09 shares estimated at $36.17 billion under it, the former controlled 3.15% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.77% of the shares, roughly 130.24 shares worth around $31.82 billion.

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