How far is Broadcom stock from the 52-week high?

The high in the last 52 weeks of Broadcom stock was 923.08. According to the current price, Broadcom is 89.81% away from the 52-week high. What are analysts forecasts for Broadcom stock? The 57 analysts offering price forecasts for Broadcom have a median target of 723.91, with a high estimate of 950.00 and a low estimate of 540.00.

Should you buy Broadcom (Avgo) stock in 2022?

In 2022, Broadcom's revenue was $33.20 billion, an increase of 20.96% compared to the previous year's $27.45 billion. Earnings were $11.22 billion, an increase of 74.35%. According to 16 analysts, the average rating for AVGO stock is "Buy." The 12-month stock price forecast is $882.29, which is a decrease of -0.10% from the latest price.

Should you buy Nvidia & Broadcom stock?

Truist analyst William Stein raised price targets on Nvidia and Broadcom stock, and reiterated Buy ratings on them. They have "meaningful upsides," he wrote. Truist Securities raised its Broadcom Inc. AVGO, +0.05% price target to $942 from $890 Friday, citing demand for the chip maker's products from Google GOOG, +4.36% GOOGL, +4.72%.

Is Broadcom a semiconductor company?

There is no Overview data available. Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets.