Professional
Added to YB: 2024-10-15
Pitch date: 2024-10-15
AVGO [bullish]
Broadcom Inc.
+78.58%
current return
Author Info
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Company Info
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally.
Market Cap
$1.5T
Pitch Price
$176.07
Price Target
220.00 (-30%)
Dividend
0.83%
EV/EBITDA
41.21
P/E
61.30
EV/Sales
22.57
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Show full summary:
Broadcom's AI Growth Potential Drives Mizuho to Raise Price Target to $220
AVGO: Mizuho PT $220. OpenAI custom AI chip win could unlock $16B/yr opp. by 2H25-2026E. 2nd in accelerator market after NVDA. F25E rev/EPS raised to $61.3B/$6.27, F26E to $68.6B/$7.31. AI rev growing >70% CAGR (F23-26E), leading GM/OM at 77%/61%. PT based on 35x F25E EPS.
Read full article (1 min)