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Broadcom Inc Stock Research

AVGO

636.50USD+10.46(+1.67%)Market Closed

Market Summary

USD636.50+10.46
Market Closed
1.67%

AVGO Stock Price

AVGO RSI Chart

AVGO Valuation

Market Cap

265.4B

Price/Earnings (Trailing)

23.09

Price/Sales (Trailing)

7.71

EV/EBITDA

18.36

Price/Free Cashflow

15.74

AVGO Price/Sales (Trailing)

AVGO Profitability

Operating Margin

66.98%

EBT Margin

39.48%

Return on Equity

49.31%

Return on Assets

15.75%

Free Cashflow Yield

6.35%

AVGO Fundamentals

AVGO Revenue

Revenue (TTM)

34.4B

Revenue Y/Y

15.69%

Revenue Q/Q

-0.17%

AVGO Earnings

Earnings (TTM)

11.5B

Earnings Y/Y

68.88%

Earnings Q/Q

9.27%

Price Action

52 Week Range

415.07644.05
(Low)(High)

Last 7 days

-1.0%

Last 30 days

4.2%

Last 90 days

13.1%

Trailing 12 Months

7.2%

AVGO Financial Health

Current Ratio

2.52

Debt/Equity

1.64

Debt/Cashflow

0.45

AVGO Investor Care

Shares Dilution (1Y)

1.71%

Diluted EPS (TTM)

29.71

Peers (Alternatives to Broadcom)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
NVDA
629.8B
27.0B
 11.20% 5.54%
144.19
23.35
 0.22% -55.21%
AVGO
265.4B
34.4B
 4.15% 7.21%
23.09
7.71
 20.74% 70.65%
TXN
161.7B
20.0B
 -1.31% 3.38%
18.48
8.07
 9.18% 12.61%
AMD
155.7B
23.6B
 7.88% -17.97%
117.97
6.6
 43.61% -58.25%
INTC
124.9B
63.1B
 -0.49% -34.58%
15.58
1.98
 -20.21% -59.66%
FSLR
22.0B
2.6B
 21.50% 171.10%
-498.6
8.41
 -10.40% -109.42%
LSCC
12.7B
660.4M
 8.09% 61.41%
71.08
19.25
 28.14% 86.49%
MID-CAP
AMKR
6.2B
7.1B
 -10.56% 13.59%
8.04
0.87
 15.53% 19.10%
POWI
4.8B
651.1M
 -1.79% -5.91%
28.27
7.42
 -7.41% 3.92%
SMALL-CAP
ICHR
874.5M
1.3B
 -18.13% -13.35%
12.01
0.68
 16.70% 2.69%
SGH
785.5M
1.8B
 -10.38% -36.92%
15.09
0.43
 8.07% 32.37%
CEVA
710.2M
134.6M
 -13.31% -20.71%
-30.63
5.27
 9.73% -5954.29%
AOSL
709.2M
794.4M
 -14.88% -47.69%
8.96
0.89
 9.29% -82.10%
MX
398.4M
337.7M
 -11.62% -43.15%
-49.57
1.18
 -28.80% -114.17%

Financials for Broadcom

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue3.6%34,41233,20331,68029,99428,501
Gross Profit4.3%23,05022,09520,80719,32317,941
Operating Expenses-0.5%7,8307,8707,9878,1148,151
  S&GA Expenses2.0%1,4091,3821,3491,3721,329
  R&D Expenses-0.2%4,9084,9194,9224,8724,849
EBITDA7.8%15,84314,70013,28211,685-
EBITDA Margin4.0%0.46*0.44*0.42*0.39*-
Earnings Before Taxes9.3%13,58712,43410,9839,3728,068
EBT Margin5.4%0.39*0.37*0.35*0.31*-
Interest Expenses-0.1%1,7361,7371,7651,7741,722
Net Income13.5%11,49510,1258,9277,830-
Net Income Margin-3.5%0.33*0.35*0.32*0.30*-
Free Cahsflow3.4%16,86016,31215,30414,422-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-0.4%72,97673,24971,32671,71973,224
  Current Assets1.8%18,83618,50415,56114,81015,341
    Cash Equivalents1.9%12,64712,4169,9779,00510,219
  Inventory-1.4%1,8991,9251,8381,6681,520
  Net PPE-1.0%2,2012,2232,2502,2622,303
  Goodwill0%43,61443,61443,60843,60343,450
Liabilities-1.7%49,66650,54050,42350,72950,230
  Current Liabilities6.1%7,4837,0526,7026,9106,287
  Long Term Debt-2.3%38,16739,07539,19139,164-
    LT Debt, Current-300----
    LT Debt, Non Current-39,205----
Shareholder's Equity2.6%23,31022,70920,87620,96322,968
  Retained Earnings47.8%2,3711,604---
  Additional Paid-In Capital-0.2%21,11921,15920,99021,07823,083
Shares Outstanding-0.2%417418405406410
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations3.3%17,28616,73615,69414,81114,137
  Share Based Compensation0.3%1,5371,5331,5601,6081,647
Cashflow From Investing30.9%-461-667-489-616-432
Cashflow From Financing9.0%-14,397-15,816-16,333-14,708-13,038
  Dividend Payments2.3%7,1947,0326,8116,6316,433
  Buy Backs-21.9%5,4647,0007,0005,5002,724

Risks for AVGO

What is the probability of a big loss on AVGO?

69.2%

Probability that Broadcom stock will be more than 20% underwater in next one year

28.1%

Probability that Broadcom stock will be more than 30% underwater in next one year.

0%

Probability that Broadcom stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AVGO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Broadcom was unfortunately bought at previous high price.

Drawdowns

Returns for AVGO

Cumulative Returns on AVGO

36.3%

10-Year Cumulative Returns

26.2%

7-Year Cumulative Returns

23.5%

5-Year Cumulative Returns

43.0%

3-Year Cumulative Returns

What are the long-term rolling returns for AVGO?

FIve years rolling returns for Broadcom.

Annualized Returns

Which funds bought or sold AVGO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
2.76
3,625,770
15,966,800
 0.45%
2023-03-13
Claro Advisors LLC
added
8.38
215,142
1,085,140
 0.36%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-1.64
66,277,200
343,978,000
 0.38%
2023-03-10
MATHER GROUP, LLC.
reduced
-1.83
307,842
1,615,840
 0.03%
2023-03-08
Capital Asset Advisory Services LLC
reduced
-9.11
91,412
554,412
 0.04%
2023-03-07
Great Lakes Retirement, Inc.
new
-
1,149,580
1,149,580
 0.29%
2023-03-06
Rockefeller Capital Management L.P.
sold off
-100
-11,000
-
 -%
2023-03-06
OLD MISSION CAPITAL LLC
sold off
-100
-663,000
-
 -%
2023-03-06
NORTH STAR ASSET MANAGEMENT INC
new
-
413,197
413,197
 0.03%
2023-03-06
Rockefeller Capital Management L.P.
added
0.87
25,756,000
121,081,000
 0.61%

1–10 of 45

Latest Funds Activity

Are funds buying AVGO calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AVGO
No. of Funds

Broadcom News

MarketBeat

Broadcom (NASDAQ:AVGO) Stock Rating Reaffirmed by Mizuho.

MarketBeat,
13 hours ago

Seeking Alpha

Meta Has Doubled And Could Soar Even More (NASDAQ:META).

Seeking Alpha,
16 hours ago

Investor's Business Daily

Advanced Micro Devices Stock Shows Rising Price Performance ....

Investor's Business Daily,
28 hours ago

MarketWatch

Skyworks Solutions Inc. stock underperforms Friday when compared to competitors.

MarketWatch,
29 hours ago

MarketWatch

Qorvo Inc. stock falls Friday, still outperforms market.

MarketWatch,
29 hours ago

MarketWatch

Cisco Systems Inc. stock rises Friday, outperforms market.

MarketWatch,
30 hours ago

MarketWatch

Broadcom Inc. stock underperforms Friday when compared to competitors.

MarketWatch,
30 hours ago

MarketWatch

Analog Devices Inc. stock outperforms market despite losses on the day.

MarketWatch,
30 hours ago

Nasdaq

Broadcom (AVGO) to Deploy World's First 51.2 Tbps Switches.

Nasdaq,
36 hours ago

Nasdaq

Ex-Dividend Reminder: Bank First, Elme Communities and Broadcom.

Nasdaq,
38 hours ago

MarketBeat

3 Stocks For A Defensive Tech Portfolio.

MarketBeat,
38 hours ago

Yahoo Finance

Broadcom Inc. (AVGO) is Attracting Investor Attention: Here is What You Should Know.

Yahoo Finance,
39 hours ago

Nasdaq

Broadcom Inc. (AVGO) is Attracting Investor Attention: Here is What ....

Nasdaq,
39 hours ago

Nasdaq

Guru Fundamental Report for AVGO.

Nasdaq,
40 hours ago

MarketBeat

Grant GrossMendelsohn LLC Makes New Investment in Broadcom ....

MarketBeat,
40 hours ago

InvestorPlace

The 7 Best Dividend-Paying Tech Stocks for Income Investors.

InvestorPlace,
41 hours ago

Schedule 13G FIlings of Broadcom

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
7.4%
30,990,765
SC 13G/A
Feb 13, 2023
capital world investors
7.0%
29,452,712
SC 13G/A
Feb 13, 2023
capital research global investors
5.2%
21,796,953
SC 13G/A
Feb 09, 2023
vanguard group inc
9.34%
39,039,754
SC 13G/A
Feb 02, 2023
blackrock inc.
7.0%
29,344,162
SC 13G/A
Feb 11, 2022
capital international investors
8.3%
34,191,158
SC 13G/A
Feb 11, 2022
capital world investors
9.8%
40,657,396
SC 13G/A
Feb 11, 2022
capital research global investors
5.6%
23,299,331
SC 13G/A
Feb 09, 2022
vanguard group inc
8.83%
36,465,158
SC 13G/A
Feb 08, 2022
blackrock inc.
6.9%
28,430,931
SC 13G/A

AVGO Fair Value

Broadcom fair value in different scenarios

The table shows the Fair Value estimates for Broadcom for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

358.24

-43.72%

456.09

-28.34%

636.14

-0.06%

818.34

28.57%

1042.56

63.80%
Current Inflation

327.94

-48.48%

411.27

-35.39%

562.33

-11.65%

714.43

12.24%

901.83

41.69%
Very High Inflation

290.67

-54.33%

357.24

-43.87%

475.53

-25.29%

594.03

-6.67%

740.37

16.32%

Historical Broadcom Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Broadcom

View All Filings
Date Filed Form Type Document
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
425
Prospectus Filed
Mar 15, 2023
425
Prospectus Filed
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
DEFA14A
DEFA14A
Mar 09, 2023
425
Prospectus Filed
Mar 08, 2023
10-Q
Quarterly Report

Latest Insider Trading transactions for AVGO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
Brazeal Mark David
acquired
-
-
17,080
chief legal & corp affairs ofc
2023-03-08
Kawwas Charlie B
acquired
-
-
20,106
president, semi solutions grp
2023-03-08
Spears Kirsten M.
acquired
-
-
15,817
cfo & chief accounting officer
2022-12-29
SAMUELI HENRY
gifted
-
-
-51,135
-
2022-12-28
SAMUELI HENRY
gifted
-
-
-57,551
-
2022-12-15
Spears Kirsten M.
sold (taxes)
-1,798,990
558
-3,224
cfo & chief accounting officer
2022-12-15
Brazeal Mark David
sold (taxes)
-1,107,070
558
-1,984
chief legal & corp affairs ofc
2022-12-15
Kawwas Charlie B
sold (taxes)
-1,654,470
558
-2,965
president, semi solutions grp
2022-12-14
FERNANDEZ RAUL J
sold
-672,750
575
-1,170
-
2022-12-13
PAGE JUSTINE
sold
-97,726
574
-170
-

1–10 of 50

About Broadcom

Hock E. Tan
https://www.broadcom.com/
20000
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. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing merchant silicon products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic transmitter and receiver components. The company also offers RF front end modules, filters, and power amplifiers; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; serial attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express switches; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; and optocouplers, industrial fiber optics, and motion control encoders and subsystems. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was incorporated in 2018 and is headquartered in San Jose, California.

AVGO Income Statement

2023-01-29
Condensed Consolidated Statements of Operations - Unaudited - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Jan. 29, 2023
Jan. 30, 2022
Net revenue:  
Total net revenue$ 8,915$ 7,706
Cost of revenue:  
Cost of products sold2,2251,769
Cost of subscriptions and services149156
Amortization of acquisition-related intangible assets535730
Restructuring charges22
Total cost of revenue2,9112,657
Gross margin6,0045,049
Research and development1,1951,206
Selling, general and administrative348321
Amortization of acquisition-related intangible assets348397
Restructuring, impairment and disposal charges1017
Total operating expenses1,9011,941
Operating income4,1033,108
Interest expense(406)(407)
Other income (expense), net143(14)
Income before income taxes3,8402,687
Provision for income taxes66215
Net income3,7742,472
Dividends on preferred stock0(74)
Net income attributable to common stock$ 3,774$ 2,398
Net income per share attributable to common stock:  
Net income per share (in dollars per share)$ 9.03$ 5.82
Diluted income per share attributable to common stock:  
Net income per share (in dollars per share)$ 8.80$ 5.59
Weighted-average shares used in per share calculations:  
Basic418412
Diluted429429
Products  
Net revenue:  
Total net revenue$ 7,082$ 6,053
Subscriptions and services  
Net revenue:  
Total net revenue[1]$ 1,833$ 1,653
[1]a)Subscriptions and services predominantly include software licenses with termination for convenience clauses.

AVGO Balance Sheet

2023-01-29
Condensed Consolidated Balance Sheets - Unaudited - USD ($)
$ in Millions
Jan. 29, 2023
Oct. 30, 2022
Current assets:  
Cash and cash equivalents$ 12,647$ 12,416
Trade accounts receivable, net3,2342,958
Inventory1,8991,925
Other current assets1,0561,205
Total current assets18,83618,504
Long-term assets:  
Property, plant and equipment, net2,2012,223
Goodwill43,61443,614
Intangible assets, net6,2257,111
Other long-term assets2,1001,797
Total assets72,97673,249
Current liabilities:  
Accounts payable923998
Employee compensation and benefits5361,202
Current portion of long-term debt1,115440
Other current liabilities4,9094,412
Total current liabilities7,4837,052
Long-term liabilities:  
Long-term debt38,16739,075
Other long-term liabilities4,0164,413
Total liabilities49,66650,540
Commitments and contingencies (Note 11)
Stockholders' equity:  
Preferred stock, $0.001 par value; 100 shares authorized; none issued and outstanding00
Common stock, $0.001 par value; 2,900 shares authorized; 417 and 418 shares issued and outstanding as of January 29, 2023 and October 30, 2022, respectively00
Additional paid-in capital21,11921,159
Retained earnings2,3711,604
Accumulated other comprehensive loss(180)(54)
Total stockholders’ equity23,31022,709
Total liabilities and equity$ 72,976$ 73,249