Added to YB: 2024-03-18
Pitch date: 2024-03-18
AVGO [bullish]
Broadcom Inc.
+249.1%
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
$2.0T
Pitch Price
$118.75
Price Target
2.0K (+384%)
Dividend
0.62%
EV/EBITDA
54.16
P/E
81.23
EV/Sales
29.66
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Show full summary:
Broadcom: Upside Is Now Greater Than Before Thanks To AI And Cost Cuts
AVGO: Strong Buy with 53% upside to $2007 fair value based on DCF assuming 38% annual networking growth from AI chips. Risks: high debt from M&A, lower growth. Q1 beat but margins down. $3677 2029 price target (30% CAGR). Estimates below consensus but still see 7% 2024 net income growth.
Read full article (9 min)