Added to YB: 2024-03-18
Pitch date: 2024-03-18
AVGO [bullish]
Broadcom Inc.
+185%
current return
Author Info
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Company Info
Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions worldwide.
Market Cap
$1.7T
Pitch Price
$119.23
Price Target
2.0K (+458%)
Dividend
0.72%
EV/EBITDA
51.49
P/E
75.46
EV/Sales
27.37
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)