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Broadcom Inc

AVGO.O

Latest Trade

349.63USD

Change

-5.38(-1.52%)

Volume

1,853,026

Today's Range

344.42

 - 

352.99

52 Week Range

155.67

 - 

387.80

As of on the NASDAQ ∙ Minimum 15 minute delay

Pricing

Previous Close
355.01
Open
349.39
Volume
1,853,026
3M AVG Volume
39.10
Today's High
352.99
Today's Low
344.42
52 Week High
387.80
52 Week Low
155.67
Shares Out (MIL)
404.50
Market Cap (MIL)
143,602.00
Forward P/E
--
Dividend (Yield %)
3.66

Next Event

Q4 2020 Broadcom Inc Earnings Release

Latest Developments

More

Broadcom Reports Q3 Non-GAAP Earnings Per Share Of $5.40

Broadcom Announces Completion Of Exchange Offer For Senior Notes

Broadcom Recommends Stockholders Reject "Mini-Tender" Offer By TRC Capital Investment Corporation

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About Broadcom Inc

Broadcom Inc. is a technology company. The Company designs, develops and supplies a range of semiconductor and infrastructure software solutions. It operates through two segments: semiconductor solutions and infrastructure software. Its semiconductor solutions segment includes semiconductor solution product lines, as well as its Internet protocol (IP) licensing. Its infrastructure software segment includes its mainframe and enterprise software solutions and fiber channel storage area networking business. It develops semiconductor devices with a focus on digital and mixed signal complementary metal oxide semiconductor (CMOS) based devices and analog III-V based products. It provides semiconductor solutions for managing the movement of data in data center, telecom, enterprise, and embedded networking applications. Its mainframe software solutions include solutions for the IBM Z mainframe platform, which runs business applications.

Industry

Semiconductors

Contact Info

1320 Ridder Park Dr

SAN JOSE, CA

95131-2313

United States

+1.408.4338000

https://www.broadcom.com/

Executive Leadership

Henry S. Samueli

Chairman of the Board

Hock E. Tan

President, Chief Executive Officer, Director

Thomas H. Krause

Chief Financial Officer

Charlie B. Kawwas

Senior Vice President, Chief Sales Officer

Kirsten M. Spears

Chief Accounting Officer, Vice President, Corporate Controller

Key Stats

1.97 mean rating - 32 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

17.7K

2018

20.9K

2019

22.6K

2020(E)

23.8K
EPS (USD)

2017

16.010

2018

20.820

2019

21.290

2020(E)

22.007
Price To Earnings (TTM)
66.55
Price To Sales (TTM)
6.19
Price To Book (MRQ)
6.09
Price To Cash Flow (TTM)
16.21
Total Debt To Equity (MRQ)
187.00
LT Debt To Equity (MRQ)
183.51
Return on Investment (TTM)
3.71
Return on Equity (TTM)
3.33

Latest News

Latest News

Broadcom signals delay in iPhone chip ramp-up, pointing to later release date

Apple Inc <AAPL.O> supplier Broadcom Inc <AVGO.O> said on Thursday that a ramp-up of annual chip shipments would be later this year than most, likely signaling that the next iPhone will arrive after the usual late September launch date.

Broadcom forecasts current-quarter revenue above estimates

Broadcom Inc forecast current-quarter revenue above Wall Street estimates on Thursday, encouraged by strong demand for its data center chips from the growing remote work market and the upcoming 5G phone launches.

Broadcom's revenue forecast disappoints on possible Apple iPhone delay

Broadcom Inc <AVGO.O> on Thursday forecast current-quarter revenue with a midpoint slightly below analysts' estimates, in part caused by a delay at a "large North American mobile phone" customer that analysts believe is Apple Inc <AAPL.O>.

Broadcom's revenue forecast disappoints on weakness in chip business

Broadcom Inc on Thursday forecast current-quarter revenue, the mid-point of which was slightly below Wall Street estimates as its chip business was weighed down by the impact of the coronavirus crisis on global supply chains.

BRIEF-Broadcom Inc Says Are Experiencing Some Disruption To Parts Of Our Global Supply Chain

* BROADCOM INC - ARE EXPERIENCING SOME DISRUPTION TO PARTS OF OUR GLOBAL SUPPLY CHAIN

Broadcom withdraws 2020 revenue forecast on coronavirus worries

Broadcom Inc withdrew its revenue forecast for 2020 on Thursday, joining a host of chipmakers that have either cut or pulled their sales outlook due to demand and supply disruptions caused by the coronavirus outbreak.

BRIEF-Broadcom Says Withdrawing Prior Annual Guidance, In Light Of Uncertainties Arising From Effects Of COVID-19

* ANNOUNCES FIRST QUARTER FISCAL YEAR 2020 FINANCIAL RESULTS, QUARTERLY DIVIDEND AND UPDATED GUIDANCE

Broadcom withdraws 2020 revenue forecast on coronavirus hit

Broadcom Inc withdrew its revenue forecast for 2020 on Thursday, joining a host of chipmakers that have either cut or pulled their sales outlook due to disruptions in global supply chain caused by the coronavirus outbreak.

Broadcom targets choppy audio with new Bluetooth chip

Broadcom Inc on Thursday released a new chip aimed at eliminating choppy phone calls and music on Bluetooth headphones.

Broadcom looking to sell a wireless chip unit: WSJ

Broadcom Inc <AVGO.O> is looking to sell one of its wireless chip units, marking a move away from its forte as a chipmaker, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Broadcom's full-year forecast fails to impress Wall Street, shares down

Broadcom Inc's <AVGO.O> fourth-quarter earnings beat Street estimates on Thursday, but investors were put off by slowing growth in semiconductor business and a lukewarm revenue forecast for 2020, sending its shares down about 2% in extended trade.

Broadcom forecasts full-year revenue above estimates

Broadcom Inc forecast full-year 2020 revenue above Wall Street estimates on Thursday, as the company expects strong demand for its chips from rising 5G adoption.

Broadcom says chip demand has hit bottom, but uncertain on recovery timing

Broadcom Inc <AVGO.O> said on Thursday demand for microchips had hit a bottom and would remain at current levels, a sign that an industry downturn may linger, and added that there was no clear indication as to when the recovery would take place.

Broadcom misses quarterly revenue estimates, maintains full-year forecast

Broadcom Inc reported quarterly revenue that missed Wall Street expectations on Thursday, as the company faces a slowdown in chip demand and macroeconomic uncertainty due to the U.S.-China trade war.

Symantec receives interest from buyout firms Permira, Advent: WSJ

Private equity firms Permira and Advent International Corp have proposed a deal to buy Symantec Corp for more than $16 billion after the cyber security company agreed to a sale of a big chunk of its business, the Wall Street Journal reported on Friday.

Symantec ends talks to sell to Broadcom over price: sources

Cybersecurity company Symantec Corp <SYMC.O> has walked away from negotiations to sell itself to chipmaker Broadcom Inc <AVGO.O> over price disagreements, people familiar with the matter said on Monday.

UPDATE 1-Symantec, Broadcom cease deal negotiations - CNBC

Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported https://www.cnbc.com/2019/07/15/symantec-and-broadcom-cease-deal-negotiations-sources.html on Monday, citing sources.

Symantec, Broadcom cease deal negotiations - CNBC

Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported https://www.cnbc.com/2019/07/15/symantec-and-broadcom-cease-deal-negotiations-sources.html on Monday, citing sources.

Broadcom's $2 billion warning rattles global chip sector

Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company's sales this year.

US STOCKS-Wall Street steadies, Broadcom warning hits chip stocks

* Indexes: Dow up 0.1%, S&P flat, Nasdaq down 0.8% (Updates to late afternoon)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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