Broadcom (AVGO) stock forecast for 2024

The forecast has been updated: February 2, 2023 8:16


Broadcom stock price online today

Analyst Target Price

655.64

Dividend Date

30.12.2022

Ex Dividend Date

19.12.2022

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 $655.64 target price for Broadcom stock stock.

Today 200 Day Moving Average is the support level (526.04 $).

50 Day Moving Average is the support level (554.75 $).




AVGO Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 495.53 458.87 509.41 9.92 %
Feb 493.06 457.56 512.29 10.68 %
Mar 510.31 476.12 533.79 10.80 %
Apr 539.91 524.79 552.33 4.99 %
May 518.32 486.70 553.04 12.00 %
Jun 543.71 510.55 586.67 12.98 %
Jul 580.69 567.33 605.65 6.33 %
Aug 562.10 519.38 580.09 10.47 %
Sep 593.58 559.75 607.83 7.91 %
Oct 597.74 576.22 631.81 8.80 %
Nov 622.84 574.88 667.69 13.90 %
Dec 637.79 604.62 653.10 7.42 %

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

244 467 499 000 $

EBITDA

19 270 001 000

PE Ratio

22.1

PEG Ratio

0.859

Dividend Per Share

16.9

Dividend Yield

0.0316

EPS

26.47

Quarterly Earnings Growth YOY

0.613

Quarterly Revenue Growth YOY

0.206

Trailing PE

22.1

Forward PE

13.44

EV To Revenue

7.46

EV To EBITDA

12.93

52 Week High

629.48

52 Week Low

411.63

50 Day Moving Average

554.75

200 Day Moving Average

526.04

Shares Outstanding

417886000

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: 495.53. Negative monthly dynamics of the instrument is expected with 9.922% volatility is expected.

Pessimistic forecast: 458.87

Optimistic: 509.41


Broadcom stock forecast for Feb 2024.
Estimated Average Forecasted Broadcom Price: 493.06. Negative monthly dynamics of the instrument is expected with 10.683% volatility is expected.

Pessimistic forecast: 457.56

Optimistic: 512.29


Broadcom stock forecast for Mar 2024.
Estimated Average Forecasted Broadcom Price: 510.31. Positive monthly dynamics of the instrument is expected with 10.803% volatility is expected.

Pessimistic forecast: 476.12

Optimistic: 533.79


Broadcom stock forecast for Apr 2024.
Estimated Average Forecasted Broadcom Price: 539.91. Positive monthly dynamics of the instrument is expected with 4.985% volatility is expected.

Pessimistic forecast: 524.79

Optimistic: 552.33


Broadcom stock forecast for May 2024.
Estimated Average Forecasted Broadcom Price: 518.32. Negative monthly dynamics of the instrument is expected with 11.996% volatility is expected.

Pessimistic forecast: 486.70

Optimistic: 553.04


Broadcom stock forecast for Jun 2024.
Estimated Average Forecasted Broadcom Price: 543.71. Positive monthly dynamics of the instrument is expected with 12.975% volatility is expected.

Pessimistic forecast: 510.55

Optimistic: 586.67


Broadcom stock forecast for Jul 2024.
Estimated Average Forecasted Broadcom Price: 580.69. Positive monthly dynamics of the instrument is expected with 6.328% volatility is expected.

Pessimistic forecast: 567.33

Optimistic: 605.65


Broadcom stock forecast for Aug 2024.
Estimated Average Forecasted Broadcom Price: 562.10. Negative monthly dynamics of the instrument is expected with 10.465% volatility is expected.

Pessimistic forecast: 519.38

Optimistic: 580.09


Broadcom stock forecast for Sep 2024.
Estimated Average Forecasted Broadcom Price: 593.58. Positive monthly dynamics of the instrument is expected with 7.910% volatility is expected.

Pessimistic forecast: 559.75

Optimistic: 607.83


Broadcom stock forecast for Oct 2024.
Estimated Average Forecasted Broadcom Price: 597.74. Positive monthly dynamics of the instrument is expected with 8.799% volatility is expected.

Pessimistic forecast: 576.22

Optimistic: 631.81


Broadcom stock forecast for Nov 2024.
Estimated Average Forecasted Broadcom Price: 622.84. Positive monthly dynamics of the instrument is expected with 13.899% volatility is expected.

Pessimistic forecast: 574.88

Optimistic: 667.69


Broadcom stock forecast for Dec 2024.
Estimated Average Forecasted Broadcom Price: 637.79. Positive monthly dynamics of the instrument is expected with 7.422% volatility is expected.

Pessimistic forecast: 604.62

Optimistic: 653.10



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