Broadcom (AVGO) stock forecast for 2024

The forecast has been updated: May 25, 2023 8:16


Broadcom stock price online today

Analyst Target Price

694.17

Dividend Date

31.03.2023

Ex Dividend Date

21.03.2023

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Broadcom stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? Broadcom stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $694.17 target price for Broadcom stock stock.

Today 200 Day Moving Average is the support level (558.3 $).

50 Day Moving Average is the resistance level (633.62 $).




AVGO Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 725.01 680.06 753.29 9.72 %
Feb 726.46 682.87 770.77 11.40 %
Mar 710.48 690.58 756.66 8.73 %
Apr 706.93 689.96 750.05 8.01 %
May 639.06 588.58 683.80 13.93 %
Jun 663.35 636.81 704.47 9.60 %
Jul 638.80 608.78 679.05 10.35 %
Aug 622.19 574.91 660.77 12.99 %
Sep 592.33 552.64 613.06 9.86 %
Oct 576.33 546.94 609.76 10.30 %
Nov 628.78 599.86 658.96 8.97 %
Dec 638.84 592.85 656.09 9.64 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Broadcom stock.


Broadcom overview

Broadcom Address

1320 RIDDER PARK DRIVE, SAN JOSE, CA, US

Market Capitalization

283 312 390 000 $

EBITDA

20 004 999 000

PE Ratio

22.93

PEG Ratio

0.859

Dividend Per Share

17.4

Dividend Yield

0.0271

EPS

29.64

Quarterly Earnings Growth YOY

0.574

Quarterly Revenue Growth YOY

0.157

Trailing PE

22.93

Forward PE

13.44

EV To Revenue

7.46

EV To EBITDA

12.93

52 Week High

698.99

52 Week Low

408.69

50 Day Moving Average

633.62

200 Day Moving Average

558.3

Shares Outstanding

416924000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Broadcom stock forecast for this year


Broadcom stock forecast for Jan 2024.
Estimated Average Forecasted Broadcom Price: 725.01. Positive monthly dynamics of the instrument is expected with 9.721% volatility is expected.

Pessimistic forecast: 680.06

Optimistic: 753.29


Broadcom stock forecast for Feb 2024.
Estimated Average Forecasted Broadcom Price: 726.46. Positive monthly dynamics of the instrument is expected with 11.404% volatility is expected.

Pessimistic forecast: 682.87

Optimistic: 770.77


Broadcom stock forecast for Mar 2024.
Estimated Average Forecasted Broadcom Price: 710.48. Negative monthly dynamics of the instrument is expected with 8.732% volatility is expected.

Pessimistic forecast: 690.58

Optimistic: 756.66


Broadcom stock forecast for Apr 2024.
Estimated Average Forecasted Broadcom Price: 706.93. Negative monthly dynamics of the instrument is expected with 8.011% volatility is expected.

Pessimistic forecast: 689.96

Optimistic: 750.05


Broadcom stock forecast for May 2024.
Estimated Average Forecasted Broadcom Price: 639.06. Negative monthly dynamics of the instrument is expected with 13.925% volatility is expected.

Pessimistic forecast: 588.58

Optimistic: 683.80


Broadcom stock forecast for Jun 2024.
Estimated Average Forecasted Broadcom Price: 663.35. Positive monthly dynamics of the instrument is expected with 9.604% volatility is expected.

Pessimistic forecast: 636.81

Optimistic: 704.47


Broadcom stock forecast for Jul 2024.
Estimated Average Forecasted Broadcom Price: 638.80. Negative monthly dynamics of the instrument is expected with 10.348% volatility is expected.

Pessimistic forecast: 608.78

Optimistic: 679.05


Broadcom stock forecast for Aug 2024.
Estimated Average Forecasted Broadcom Price: 622.19. Negative monthly dynamics of the instrument is expected with 12.994% volatility is expected.

Pessimistic forecast: 574.91

Optimistic: 660.77


Broadcom stock forecast for Sep 2024.
Estimated Average Forecasted Broadcom Price: 592.33. Negative monthly dynamics of the instrument is expected with 9.855% volatility is expected.

Pessimistic forecast: 552.64

Optimistic: 613.06


Broadcom stock forecast for Oct 2024.
Estimated Average Forecasted Broadcom Price: 576.33. Negative monthly dynamics of the instrument is expected with 10.303% volatility is expected.

Pessimistic forecast: 546.94

Optimistic: 609.76


Broadcom stock forecast for Nov 2024.
Estimated Average Forecasted Broadcom Price: 628.78. Positive monthly dynamics of the instrument is expected with 8.969% volatility is expected.

Pessimistic forecast: 599.86

Optimistic: 658.96


Broadcom stock forecast for Dec 2024.
Estimated Average Forecasted Broadcom Price: 638.84. Positive monthly dynamics of the instrument is expected with 9.640% volatility is expected.

Pessimistic forecast: 592.85

Optimistic: 656.09



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