Shares of Broadcom have moved 0.6% today, and are now trading at a price of $636.54. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 226,907 compared to the stock's average volume of 2,135,252.
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. Based in San Jose, United States the company has 20,000 full time employees and a market cap of $265,388,785,664. Broadcom currently offers its equity investors a dividend that yields 2.7% per year.
The company is now trading -7.87% away from its average analyst target price of $690.91 per share. The 23 analysts following the stock have set target prices ranging from $584.0 to $775.0, and on average give Broadcom a rating of buy.
Over the last year, AVGO shares have gone up 7.7%, which represents a difference of 11.0% when compared to the S&P 500. The stock's 52 week high is $648.5 per share whereas its 52 week low is $415.07. Based on Broadcom's compounded average operating margin growth of 23.5% over the last 4 years, its core business remains strong and its strong stock performance may continue in the long term.
| Date Reported | TotalRevenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-10-31 | 33,203,000 | 7,813,000 | 43.01 | 36.24 |
| 2021-10-31 | 27,450,000 | 8,177,000 | 31.57 | 79.07 |
| 2020-10-31 | 23,888,000 | 9,304,000 | 17.63 | -4.7 |
| 2019-10-31 | 22,597,000 | 8,303,000 | 18.5 | n/a |
