Broadcom Stock Today

AVGO Stock  USD 1,325  6.68  0.51%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Broadcom is selling at 1325.41 as of the 29th of March 2024; that is 0.51 percent up since the beginning of the trading day. The stock's open price was 1318.73. Broadcom has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Broadcom are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
6th of August 2009
Category
Technology
Classification
Information Technology
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. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California. The company has 463.42 M outstanding shares of which 5.53 M shares are presently shorted by private and institutional investors with about 1.54 trading days to cover. More on Broadcom

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Broadcom Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Broadcom's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Broadcom or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Broadcom's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Broadcom's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOHock Tan
Thematic IdeaGiant Impact (View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, SP 500 Index, Philadelphia Semiconductor Index, NASDAQ 100 Technology, SP 100 Index, SP 100, Nasdaq 100, ARCA Computer Technology, NASDAQ 100 Pre, ARCA Networking, NASDAQ Composite, ARCA Institutional, NASDAQ Composite Total, Giant Impact, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductors, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Analysts covering Broadcom report their recommendations after researching Broadcom's financial statements, talking to executives and customers, or listening in on Broadcom's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Broadcom. The Broadcom consensus assessment is calculated by taking the average forecast from all of the analysts covering Broadcom.
Broadcom's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Broadcom's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Broadcom's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Broadcom's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Broadcom's financial leverage. It provides some insight into what part of Broadcom's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Broadcom's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Broadcom deploys its capital and how much of that capital is borrowed.
Liquidity
Broadcom cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 39.23 B in liabilities with Debt to Equity (D/E) ratio of 1.89, which is about average as compared to similar companies. Broadcom has a current ratio of 2.27, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Broadcom until it has trouble settling it off, either with new capital or with free cash flow. So, Broadcom's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Broadcom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Broadcom to invest in growth at high rates of return. When we think about Broadcom's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

14.99 Billion
Broadcom (AVGO) is traded on NASDAQ Exchange in USA. It is located in 3421 Hillview Ave, Palo Alto, CA, United States, 94304 and employs 20,000 people. Broadcom is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 614.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Broadcom's market, we take the total number of its shares issued and multiply it by Broadcom's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Broadcom conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 463.42 M outstanding shares of which 5.53 M shares are presently shorted by private and institutional investors with about 1.54 trading days to cover. Broadcom currently holds about 9.98 B in cash with 18.09 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 24.63.
Check Broadcom Probability Of Bankruptcy
Ownership Allocation
Broadcom holds a total of 463.42 Million outstanding shares. The majority of Broadcom outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Broadcom to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Broadcom. Please pay attention to any change in the institutional holdings of Broadcom as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Broadcom Ownership Details

Broadcom Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Broadcom jumping above the current price in 90 days from now is about 14.19%. The Broadcom probability density function shows the probability of Broadcom stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7356. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Broadcom will likely underperform. Additionally, broadcom has an alpha of 0.0601, implying that it can generate a 0.0601 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 1325.41HorizonTargetOdds Above 1325.41
85.71%90 days
 1,325 
14.19%
Based on a normal probability distribution, the odds of Broadcom to move above the current price in 90 days from now is about 14.19 (This Broadcom probability density function shows the probability of Broadcom Stock to fall within a particular range of prices over 90 days) .

Broadcom Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Broadcom that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Broadcom's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Broadcom's value.
InstituionRecorded OnShares
Charles Schwab Investment Management Inc2023-12-31
5.3 M
Northern Trust Corp2023-12-31
4.8 M
Goldman Sachs Group Inc2023-12-31
4.5 M
Fmr Inc2023-12-31
4.3 M
Nuveen Asset Management, Llc2023-12-31
4.2 M
Bank Of New York Mellon Corp2023-12-31
4.1 M
Legal & General Group Plc2023-12-31
3.9 M
Amvescap Plc.2023-12-31
3.7 M
Wellington Management Company Llp2023-12-31
3.4 M
Vanguard Group Inc2023-12-31
43.3 M
Blackrock Inc2023-12-31
34.7 M
View Broadcom Diagnostics

Broadcom Historical Income Statement

Broadcom Income Statement is one of the three primary financial statements used for reporting Broadcom's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Broadcom revenue and expense. Broadcom Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Broadcom's EBIT is very stable compared to the past year. As of the 29th of March 2024, Research Development is likely to grow to about 6.3 B, while Depreciation And Amortization is likely to drop about 2.8 B. View More Fundamentals

Broadcom Stock Against Markets

Picking the right benchmark for Broadcom stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Broadcom stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Broadcom is critical whether you are bullish or bearish towards Broadcom at a given time. Please also check how Broadcom's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Broadcom without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Broadcom Corporate Directors

Broadcom corporate directors refer to members of a Broadcom board of directors. The board of directors generally takes responsibility for the Broadcom's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Broadcom's board members must vote for the resolution. The Broadcom board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Bruno GuilmartIndependent DirectorProfile
Kenneth HaoIndependent DirectorProfile
Harry YouIndependent DirectorProfile
Donald MacleodIndependent DirectorProfile

How to buy Broadcom Stock?

Before investing in Broadcom, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Broadcom. To buy Broadcom stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Broadcom. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Broadcom stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Broadcom stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Broadcom stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Broadcom, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Broadcom Stock please use our How to Invest in Broadcom guide.

Already Invested in Broadcom?

The danger of trading Broadcom is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Broadcom is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Broadcom. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Broadcom is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Broadcom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadcom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Broadcom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadcom Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadcom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Broadcom Stock, please use our How to Invest in Broadcom guide.
Note that the Broadcom information on this page should be used as a complementary analysis to other Broadcom's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Broadcom's price analysis, check to measure Broadcom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadcom is operating at the current time. Most of Broadcom's value examination focuses on studying past and present price action to predict the probability of Broadcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadcom's price. Additionally, you may evaluate how the addition of Broadcom to your portfolios can decrease your overall portfolio volatility.
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Is Broadcom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadcom. If investors know Broadcom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadcom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.881
Dividend Share
19.7
Earnings Share
26.9
Revenue Per Share
91.771
Quarterly Revenue Growth
0.164
The market value of Broadcom is measured differently than its book value, which is the value of Broadcom that is recorded on the company's balance sheet. Investors also form their own opinion of Broadcom's value that differs from its market value or its book value, called intrinsic value, which is Broadcom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadcom's market value can be influenced by many factors that don't directly affect Broadcom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadcom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadcom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadcom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.