BROADCOM INC - AVGO 8 09/30/22 (AVGOP) Forecast, Price Target & Analyst Ratings

NASDAQ:AVGOP • US11135F2002

1406.7 USD
-37.32 (-2.58%)
Last: Sep 29, 2022, 08:11 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for BROADCOM INC - AVGO 8 09/30/22 (AVGOP).

Forecast Snapshot

Consensus Price Target

Price Target
$2,152.53
+ 53.02% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateDec 7, 2022
PeriodQ4 / 2022
EPS Estimate$10.50
Revenue Estimate9.083B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.58%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$2,152.53
Upside
+ 53.02%
From current price of $1,406.70 to mean target of $2,152.53, Based on 31 analyst forecasts
Low
$1,713.97
Median
$2,163.68
High
$2,573.79

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

31 Wall Street analysts provided a forecast for the next 12 months for AVGOP. The average price target is 2152.53 USD. This implies a price increase of 53.02% is expected in the next year compared to the current price of 1406.7.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

AVGOP Current Analyst RatingAVGOP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

AVGOP Historical Analyst RatingsAVGOP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
82.58%
AVGOP was analyzed by 31 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about AVGOP.
In the previous month the buy percentage consensus was at a similar level.
AVGOP was analyzed by 31 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Next Earnings Forecast Details

Next Earnings Details

Release DateDec 7, 2022
PeriodQ4 / 2022
EPS Estimate$10.50
Revenue Estimate9.083B
Revenue Q2Q22.63%
EPS Q2Q34.42%
Number of Analysts24

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

AVGOP is expected to report earnings on 12/7/2022. The consensus EPS estimate for the next earnings is 10.5 USD and the consensus revenue estimate is 9.08B USD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
AVGOP revenue by date.AVGOP revenue by date.
22.597B
8.39%
23.888B
5.71%
27.45B
14.91%
33.558B
22.25%
35.484B
5.74%
36.455B
2.74%
37.255B
2.19%
38.834B
4.24%
EBITDA
YoY % growth
AVGOP ebitda by date.AVGOP ebitda by date.
10.065B
6.29%
11.262B
11.89%
14.725B
30.75%
20.456B
38.92%
21.4B
4.62%
22.491B
5.10%
23.121B
2.80%
24.244B
4.86%
EBIT
YoY % growth
AVGOP ebit by date.AVGOP ebit by date.
4.257B
-20.99%
4.357B
2.35%
8.684B
99.31%
19.958B
129.82%
21.264B
6.55%
21.023B
-1.14%
21.168B
0.69%
21.741B
2.71%
Operating Margin
AVGOP operating margin by date.AVGOP operating margin by date.
18.84%18.24%31.64%59.47%59.93%57.67%56.82%55.98%
EPS
YoY % growth
AVGOP eps by date.AVGOP eps by date.
21.31
2.30%
22.14
3.89%
28.00
26.47%
37.68
34.56%
40.89
8.52%
43.18
5.61%
45.33
4.97%
48.53
7.07%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth
10.50
34.42%
10.40
23.99%
10.06
10.88%
10.24
5.19%
10.82
3.11%
10.74
3.22%
10.56
4.99%
10.73
4.79%
11.24
3.85%
Revenue
Q2Q % growth
9.083B
22.63%
9.016B
17.00%
8.765B
8.17%
8.85B
4.57%
9.28B
2.17%
9.248B
2.57%
9.138B
4.26%
9.268B
4.72%
9.648B
3.96%
EBITDA
Q2Q % growth
5.669B
-34.44%
5.634B
27.64%
5.401B
-9.44%
5.517B
-26.56%
5.756B
1.53%
5.755B
2.15%
5.602B
3.72%
5.69B
3.12%
5.918B
2.81%
EBIT
Q2Q % growth
5.547B
112.78%
5.523B
76.63%
5.326B
56.06%
5.381B
43.68%
5.675B
2.29%
5.663B
2.54%
5.571B
4.60%
5.64B
4.82%
5.888B
3.75%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

AVGOP Yearly Revenue VS EstimatesAVGOP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 10B 20B 30B
AVGOP Yearly EPS VS EstimatesAVGOP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 10 20 30 40

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
15.54%
EPS Next 5 Year
11.63%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.24%
Revenue Next 5 Year
6.79%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

BROADCOM INC - AVGO 8 09/30/22 / AVGOP Forecast FAQ

What is the price target for AVGOP stock?

31 analysts have analysed AVGOP and the average price target is 2152.53 USD. This implies a price increase of 53.02% is expected in the next year compared to the current price of 1406.7.


What is the next earnings date for AVGOP stock?

BROADCOM INC - AVGO 8 09/30/22 (AVGOP) will report earnings on 2022-12-07.


Can you provide the consensus estimates for BROADCOM INC - AVGO 8 09/30/22 next earnings?

The consensus EPS estimate for the next earnings of BROADCOM INC - AVGO 8 09/30/22 (AVGOP) is 10.5 USD and the consensus revenue estimate is 9.08B USD.


Can you provide the expected long term growth rate for BROADCOM INC - AVGO 8 09/30/22 stock?

The expected long term growth rate for BROADCOM INC - AVGO 8 09/30/22 (AVGOP) is 9.24%.