Large-cap Technology company Broadcom has logged a -0.5% change today on a trading volume of 4,148,013. The average volume for the stock is 21,661,768.
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide. Based in Palo Alto, United States the company has 37,000 full time employees and a market cap of $1,572,642,488,320. Broadcom currently offers its equity investors a dividend that yields 0.7% per year.
The company is now trading -11.87% away from its average analyst target price of $370.36 per share. The 41 analysts following the stock have set target prices ranging from $218.0 to $420.0, and on average give Broadcom a rating of buy.
Over the last 52 weeks, AVGO stock has risen 95.8%, which amounts to a 79.1% difference compared to the S&P 500. The stock's 52 week high is $374.23 whereas its 52 week low is $138.1 per share. With its net margins declining an average -0.8% over the last 6 years, Broadcom may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 51,574,000 | 5,895,000 | 11 | -71.79 |
| 2023 | 35,819,000 | 14,082,000 | 39 | 11.43 |
| 2022 | 33,203,000 | 11,495,000 | 35 | 40.0 |
| 2021 | 27,450,000 | 6,736,000 | 25 | 108.33 |
| 2020 | 23,888,000 | 2,960,000 | 12 | 0.0 |
| 2019 | 22,597,000 | 2,724,000 | 12 |
