<div id="readability-page-1"><p><span>Broadcom (NASDAQ:AVGO - Get Free Report)</span> had its price objective boosted by equities researchers at Piper Sandler  from $315.00 to $375.00 in a report released on Friday,Benzinga reports. The brokerage currently has an &#34;overweight&#34; rating on the semiconductor manufacturer's stock. Piper Sandler's price target indicates a potential upside of 22.51% from the company's current price.</p><ul><li>Why Marvell’s 19% Drop Could Be a Big Buy-the-Dip Opportunity</li></ul><p>Several other equities research analysts also recently issued reports on AVGO. Redburn Atlantic assumed coverage on shares of Broadcom in a research note on Wednesday, May 28th. They set a &#34;buy&#34; rating and a $301.00 price target on the stock. Wells Fargo &amp; Company boosted their target price on shares of Broadcom from $230.00 to $255.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Friday, June 6th. Truist Financial  set a $295.00 target price on shares of Broadcom and gave the stock a &#34;buy&#34; rating in a research report on Friday, June 6th. KeyCorp boosted their target price on shares of Broadcom from $315.00 to $330.00 and gave the stock an &#34;overweight&#34; rating in a research report on Tuesday, July 8th. Finally, JPMorgan Chase &amp; Co. boosted their target price on shares of Broadcom from $250.00 to $325.00 and gave the stock an &#34;overweight&#34; rating in a research report on Friday, June 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and one  has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of &#34;Buy&#34; and an average target price of $323.96.</p><p><b>Get Our Latest Research Report on AVGO</b></p><h2>Broadcom Stock Performance</h2><ul><li>With Shares Near Highs, Here's to Watch in Broadcom's Q3 Report</li></ul><p>Broadcom stock opened at $306.10 on Friday. Broadcom has a 12-month low of $134.90 and a 12-month high of $317.35. The company has a market capitalization of $1.44 trillion, a price-to-earnings ratio of 114.64, a price-to-earnings-growth ratio of 2.15 and a beta of 1.16. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.08 and a quick ratio of 0.98. The firm's fifty day moving average price is $290.78 and its 200 day moving average price is $236.51. </p><p>Broadcom (NASDAQ:AVGO - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The semiconductor manufacturer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.03. Broadcom had a net margin of 22.64% and a return on equity of 35.49%. The firm had revenue of $15.95 billion for the quarter, compared to the consensus estimate of $15.82 billion. During the same quarter in the previous year, the firm posted $1.24 EPS. The firm's quarterly revenue was up 22.0% on a year-over-year basis.  Broadcom has set its Q4 2025 guidance at  EPS. On average, research analysts forecast that  Broadcom will post 5.38 EPS for the current fiscal year. </p><h2>Insider Activity</h2><ul><li>AEHR Spikes 36% on Hyperscaler Order—Investors Should Take Notice</li></ul><p>In other Broadcom news, insider Charlie B. Kawwas sold 10,000 shares of the business's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $252.88, for a total transaction of $2,528,800.00. Following the completion of the transaction, the insider directly owned 789,784 shares of the company's stock, valued at $199,720,577.92. The trade was a 1.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mark David Brazeal sold 50,000 shares of the business's stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $253.28, for a total transaction of $12,664,000.00. Following the transaction, the insider directly owned 415,956 shares of the company's stock, valued at $105,353,335.68. The trade was a 10.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 830,516 shares of company stock worth $217,286,457 over the last three months. Insiders own  2.00% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>Hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank bought a new position in  Broadcom during the 2nd quarter valued at $18,579,549,000.  Nuveen LLC bought a new position in  Broadcom during the 1st quarter valued at $6,649,117,000.  Price T Rowe Associates Inc. MD boosted its stake in  Broadcom by 37.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 65,509,579 shares of the semiconductor manufacturer's stock valued at $10,968,270,000 after purchasing an additional 17,985,046 shares in the last quarter.  GAMMA Investing LLC boosted its stake in  Broadcom by 18,179.3% during the 1st quarter. GAMMA Investing LLC now owns 17,276,164 shares of the semiconductor manufacturer's stock valued at $2,892,548,000 after purchasing an additional 17,181,652 shares in the last quarter.  Finally, Vanguard Group Inc. raised its holdings in shares of  Broadcom by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer's stock worth $133,261,046,000 after purchasing an additional 6,222,802 shares in the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds. </p><h2>About Broadcom</h2> (Get Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Broadcom</li><li>With Risk Tolerance, One Size Does Not Fit All</li><li>Here's What Separates Oklo From the Rest of the Nuclear Startups </li><li>What Are Dividend Champions? How to Invest in the Champions</li><li>Why Marvell’s 19% Drop Could Be a Big Buy-the-Dip Opportunity</li><li>What is a Stock Market Index and How Do You Use Them?</li><li>Daqo New Energy: Solar Monopoly Launches $100M Buyback</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVZHTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVZHTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Broadcom Right Now?</h2><p>Before you consider Broadcom, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Broadcom wasn't on the list.</p><p>While Broadcom currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

AVGO

<p>Piper Sandler has raised its target price for Broadcom (NASDAQ:AVGO) from $315 to $375, maintaining an "overweight" rating. This suggests a potential upside of 22.51% from the current price. Other analysts have also issued positive ratings, with an average target price of $323.96. Broadcom's stock opened at $306.10, with a 12-month high of $317.35 and a market cap of $1.44 trillion. The company reported strong quarterly earnings, exceeding estimates with a revenue of $15.95 billion and an EPS of $1.69.</p>

Broadcom (NASDAQ:AVGO) Stock Price Expected to Rise, Piper Sandler Analyst Says