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MainNewsBroadcom (AV...

Broadcom (AVGO) Q1 Earnings Near as Stock Eyes $250


Mar, 06, 2025
2 min read
by Jaxon Gaines
for Watcher.Guru
Broadcom (AVGO) Q1 Earnings Near as Stock Eyes $250

Broadcom’s Q1 2025 earnings report is looming, as investors and experts are projecting how the company will fare, and how AVGO stock will respond. The semiconductor manufacturer will announce its latest earnings following the closing bell today. Analysts are mostly bullish on the chipmaker’s stock despite recent losses. If the company indeed reports a solid quarter of revenue, its stock could climb towards $200 or perhaps $250.

Since hitting an all-time high in December 2024, AVGO stock has taken a tumble. In 2025 thus far, its shares are down 21%. Broadcom has fallen off along with most of the stock market in 2025, especially big tech. Since Donald Trump’s inauguration, the markets are worrisome as tariff talks are affecting investor confidence in US stocks.

For Broadcom AVGO specifically, due to its recent downspell, many experts are calling it a buy the dip scenario. All but one of the 13 analysts covering the stock tracked by Visible Alpha have issued a “buy” or equivalent rating, with one “hold” rating. Their consensus price target of $259 would suggest just over 40% upside from current prices. Following the market close today, that number will dramatically rise or fall based on Broadcom earnings for fiscal quarter one.

Also Read: Amazon (AMZN) Allocates $100B to AI: Why Stock Could Surge

Furthermore, last week, Oppenheimer analyst Rick Schafer reaffirmed his Outperform rating on Broadcom stock and reiterated a price target of $225. “We believe AVGO has one of the most strategically and financially attractive business models in semiconductors,” he wrote. Outside of AMD, Broadcom AVGO is the closest competitor to Nvidia in the semiconductor development industry.

For the first quarter of 2025, Broadcom is expected to report revenue of $14.61 billion, up 22% year-over-year. It’s also projected to post adjusted net income of $7.39 billion, up from $5.25 billion last year. Broadcom has benefited from the ongoing AI surge, with the company’s artificial intelligence revenue spiking 220% in 2024 to $12.2 billion. On Broadcom’s last earnings call, CEO Hock Tan said that over the next three years, there will be a “massive” AI opportunity for the company. With Nvidia back on the rise, Broadcom AVGO stock may jump further in the coming days after earnings.

Read the article at Watcher.Guru

Read More

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Broadcom (AVGO) Q1 Earnings Near as Stock Eyes $250


Mar, 06, 2025
2 min read
by Jaxon Gaines
for Watcher.Guru
Broadcom (AVGO) Q1 Earnings Near as Stock Eyes $250

Broadcom’s Q1 2025 earnings report is looming, as investors and experts are projecting how the company will fare, and how AVGO stock will respond. The semiconductor manufacturer will announce its latest earnings following the closing bell today. Analysts are mostly bullish on the chipmaker’s stock despite recent losses. If the company indeed reports a solid quarter of revenue, its stock could climb towards $200 or perhaps $250.

Since hitting an all-time high in December 2024, AVGO stock has taken a tumble. In 2025 thus far, its shares are down 21%. Broadcom has fallen off along with most of the stock market in 2025, especially big tech. Since Donald Trump’s inauguration, the markets are worrisome as tariff talks are affecting investor confidence in US stocks.

For Broadcom AVGO specifically, due to its recent downspell, many experts are calling it a buy the dip scenario. All but one of the 13 analysts covering the stock tracked by Visible Alpha have issued a “buy” or equivalent rating, with one “hold” rating. Their consensus price target of $259 would suggest just over 40% upside from current prices. Following the market close today, that number will dramatically rise or fall based on Broadcom earnings for fiscal quarter one.

Also Read: Amazon (AMZN) Allocates $100B to AI: Why Stock Could Surge

Furthermore, last week, Oppenheimer analyst Rick Schafer reaffirmed his Outperform rating on Broadcom stock and reiterated a price target of $225. “We believe AVGO has one of the most strategically and financially attractive business models in semiconductors,” he wrote. Outside of AMD, Broadcom AVGO is the closest competitor to Nvidia in the semiconductor development industry.

For the first quarter of 2025, Broadcom is expected to report revenue of $14.61 billion, up 22% year-over-year. It’s also projected to post adjusted net income of $7.39 billion, up from $5.25 billion last year. Broadcom has benefited from the ongoing AI surge, with the company’s artificial intelligence revenue spiking 220% in 2024 to $12.2 billion. On Broadcom’s last earnings call, CEO Hock Tan said that over the next three years, there will be a “massive” AI opportunity for the company. With Nvidia back on the rise, Broadcom AVGO stock may jump further in the coming days after earnings.

Read the article at Watcher.Guru

Read More

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