Zacks Research Analysts Lift Earnings Estimates for Broadcom

Broadcom Inc. (NASDAQ:AVGO) – Investment analysts at Zacks Research raised their Q1 2025 earnings estimates for Broadcom in a research note issued on Thursday, January 2nd. Zacks Research analyst A. Ganguly now anticipates that the semiconductor manufacturer will post earnings of $1.21 per share for the quarter, up from their previous estimate of $1.10. The consensus estimate for Broadcom’s current full-year earnings is $3.79 per share. Zacks Research also issued estimates for Broadcom’s Q3 2025 earnings at $1.24 EPS, Q4 2025 earnings at $1.31 EPS, Q2 2026 earnings at $1.34 EPS, Q3 2026 earnings at $1.38 EPS, Q4 2026 earnings at $1.42 EPS and FY2027 earnings at $6.99 EPS.

Other equities analysts have also recently issued research reports about the stock. Morgan Stanley boosted their price target on shares of Broadcom from $233.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, December 20th. Hsbc Global Res upgraded shares of Broadcom to a “hold” rating in a research report on Tuesday, December 3rd. Evercore ISI raised their price target on Broadcom from $201.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Piper Sandler upped their price objective on Broadcom from $200.00 to $250.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Finally, TD Cowen raised their price objective on Broadcom from $210.00 to $240.00 and gave the company a “buy” rating in a report on Friday, December 13th. Three research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the stock. Based on data from MarketBeat.com, Broadcom presently has a consensus rating of “Moderate Buy” and an average target price of $221.88.

Broadcom Stock Up 0.2 %

AVGO stock opened at $232.55 on Friday. The company’s 50 day moving average is $190.08 and its 200 day moving average is $173.46. The stock has a market cap of $1.09 trillion, a price-to-earnings ratio of 202.04, a price-to-earnings-growth ratio of 2.15 and a beta of 1.13. The company has a current ratio of 1.04, a quick ratio of 0.94 and a debt-to-equity ratio of 1.02. Broadcom has a 1-year low of $104.15 and a 1-year high of $251.88.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Thursday, December 12th. The semiconductor manufacturer reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.03. Broadcom had a net margin of 10.88% and a return on equity of 30.12%. The firm had revenue of $14.05 billion during the quarter, compared to analyst estimates of $14.07 billion. During the same period in the previous year, the business earned $0.98 EPS. The business’s revenue for the quarter was up 51.2% on a year-over-year basis.

Broadcom Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.59 dividend. The ex-dividend date was Monday, December 23rd. This is a positive change from Broadcom’s previous quarterly dividend of $0.53. This represents a $2.36 annualized dividend and a yield of 1.01%. Broadcom’s dividend payout ratio is 191.87%.

Insider Transactions at Broadcom

In other news, insider Mark David Brazeal sold 20,168 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $238.79, for a total value of $4,815,916.72. Following the completion of the transaction, the insider now owns 321,660 shares in the company, valued at $76,809,191.40. This trade represents a 5.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Charlie B. Kawwas sold 15,950 shares of Broadcom stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $181.44, for a total value of $2,893,968.00. Following the sale, the insider now owns 737,330 shares in the company, valued at $133,781,155.20. This represents a 2.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 154,408 shares of company stock valued at $33,412,228. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. NCP Inc. raised its stake in Broadcom by 615.4% during the second quarter. NCP Inc. now owns 465 shares of the semiconductor manufacturer’s stock valued at $747,000 after buying an additional 400 shares during the last quarter. Stablepoint Partners LLC raised its position in shares of Broadcom by 643.4% in the 2nd quarter. Stablepoint Partners LLC now owns 52,533 shares of the semiconductor manufacturer’s stock worth $84,343,000 after purchasing an additional 45,466 shares during the last quarter. Mattern Capital Management LLC boosted its stake in Broadcom by 4.6% in the 2nd quarter. Mattern Capital Management LLC now owns 5,031 shares of the semiconductor manufacturer’s stock worth $8,077,000 after purchasing an additional 220 shares in the last quarter. Birchcreek Wealth Management LLC purchased a new stake in Broadcom during the 2nd quarter valued at about $233,000. Finally, Commons Capital LLC increased its stake in Broadcom by 8.2% during the 2nd quarter. Commons Capital LLC now owns 2,009 shares of the semiconductor manufacturer’s stock valued at $3,225,000 after purchasing an additional 152 shares in the last quarter. 76.43% of the stock is owned by hedge funds and other institutional investors.

Broadcom Company Profile

Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.