+Compare
AVGO
Stock ticker:
NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
338.85B

AVGO Price Prediction, Broadcom AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

GET INTRADAY SIGNALS
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT May 26, 2023

Momentum Indicator for AVGO turns positive, indicating new upward trend

AVGO saw its Momentum Indicator move above the 0 level on May 10, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned positive. In of the 94 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for AVGO just turned positive on May 11, 2023. Looking at past instances where AVGO's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

AVGO moved above its 50-day moving average on May 10, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for AVGO crossed bullishly above the 50-day moving average on May 17, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where AVGO advanced for three days, in of 347 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AVGO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

AVGO broke above its upper Bollinger Band on May 25, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for AVGO entered a downward trend on May 10, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. AVGO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (14.535) is normal, around the industry mean (6.993). P/E Ratio (27.397) is within average values for comparable stocks, (54.461). Projected Growth (PEG Ratio) (1.389) is also within normal values, averaging (2.593). Dividend Yield (0.021) settles around the average of (0.024) among similar stocks. P/S Ratio (10.020) is also within normal values, averaging (11.511).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I. Advisor
published Earnings

AVGO is expected to report earnings to fall 1.84% to $10.14 per share on June 01

Broadcom AVGO Stock Earnings Reports
Q2'23
Est.
$10.14
Q1'23
Beat
by $0.15
Q4'22
Beat
by $0.17
Q3'22
Beat
by $0.17
Q2'22
Beat
by $0.36
The last earnings report on March 02 showed earnings per share of $10.33, beating the estimate of $10.18. With 7.93M shares outstanding, the current market capitalization sits at 338.85B.
A.I.Advisor
published Dividends

AVGO paid dividends on March 31, 2023

Broadcom AVGO Stock Dividends
А dividend of $4.60 per share was paid with a record date of March 31, 2023, and an ex-dividend date of March 21, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Broadcom (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD), Texas Instruments (NASDAQ:TXN), QUALCOMM (NASDAQ:QCOM), Intel Corp (NASDAQ:INTC), Applied Materials (NASDAQ:AMAT), Analog Devices (NASDAQ:ADI), Lam Research Corp (NASDAQ:LRCX).

Industry description

The semiconductor industry manufacturers all chip-related products, including research and development. These chips are used in innumerable electronic devices, including computers, cell phones, smartphones, and GPSs. Intel Corporation, NVIDIA Corp., and Broadcomm are some of the prominent players in this industry. Semiconductor companies usually tend to do well during periods of healthy economic growth, thereby inducing further research and development in the industry – which in turn augurs well for productivity and growth in the economy. In the near future, demand for semiconductor products (and possibly innovation within the segment) should only expand further, with the proliferation of 5G, autonomous vehicles, IoT, and various AI-driven electronics set to herald a new, advanced chapter in the technology-driven world as we know it. With burgeoning prospects comes great competition. In 2015, SIA estimated that U.S. semiconductor industry ranks as the second most competitive U.S. industry out of 2882 U.S. industries designated manufacturers by the U.S. Census Bureau.

Market Cap

The average market capitalization across the Semiconductors Industry is 27.51B. The market cap for tickers in the group ranges from 13.43K to 963.18B. NVDA holds the highest valuation in this group at 963.18B. The lowest valued company is CYBL at 13.43K.

High and low price notable news

The average weekly price growth across all stocks in the Semiconductors Industry was 6%. For the same Industry, the average monthly price growth was 16%, and the average quarterly price growth was 16%. PRSO experienced the highest price growth at 177%, while MMTIF experienced the biggest fall at -20%.

Volume

The average weekly volume growth across all stocks in the Semiconductors Industry was 57%. For the same stocks of the Industry, the average monthly volume growth was 100% and the average quarterly volume growth was 415%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 55
Price Growth Rating: 46
SMR Rating: 62
Profit Risk Rating: 62
Seasonality Score: 10 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of digital and analog semiconductor products

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Semiconductors
Address
1320 Ridder Park Drive
Phone
+1 408 433-8000
Employees
20000
Web
https://www.broadcom.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
AMWD64.135.46
+9.31%
American Woodmark Corp
MSI284.572.57
+0.91%
Motorola Solutions
FISI16.640.09
+0.54%
Financial Institutions
SNV27.980.13
+0.47%
Synovus Financial Corp
SPI1.24-0.02
-1.98%
SPI Energy Co Ltd

AVGO and

Correlation & Price change

A.I.dvisor indicates that over the last year, AVGO has been closely correlated with TXN. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if AVGO jumps, then TXN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AVGO
1D Price
Change %
AVGO100%
+11.52%
TXN - AVGO
83%
Closely correlated
+3.93%
AMAT - AVGO
81%
Closely correlated
+4.28%
MCHP - AVGO
81%
Closely correlated
+5.64%
MRVL - AVGO
80%
Closely correlated
+32.42%
SWKS - AVGO
79%
Closely correlated
+5.73%
More