Broadcom Inc. Stock Price Targets

Below is a comprehensive, data-driven analysis for Broadcom Inc. (AVGO) as of 2025-10-10. Horizontal trendlines for price targets have been drawn on the chart (Low, Median, High) and extended 30 days into the future as requested.

Horizontal price-target trendlines drawn on AVGO chart

Low Target: 218.00 (blue line)
Median Target: 375.00 (gold line)
High Target: 420.00 (orange-red line)
Extension: Each line extends from 2025-10-10 to 2025-11-09 (approximately 30 days)

Executive Summary

AVGO remains a high-quality technology infrastructure player with strong gross and operating margins, solid profitability, and robust free cash flow generation. The stock trades at elevated multiples, reflecting its dominant market position and secular demand for high-end semiconductor solutions.
The current price sits above the 50-day moving average, RSI is near neutral, and MACD shows modest near-term momentum softness, implying a balanced near-term setup with upside potential if earnings and revisions continue to trend positively.
Analyst consensus points to meaningful upside from current levels, with a median target of 375 and a high target of 420, suggesting ~9% to ~22% upside (vs. current 345 price). The low target of 218 implies pronounced downside risk if growth or margins deteriorate.
Key near-term and longer-term catalysts include continued strength in data-center capex, enterprise/equipment demand, management’s execution on cost and product cycles, and favorable EPS revisions.

Fundamental Analysis (Key Metrics)

Valuation and Size
- Current price: $345.02
- Market cap: $1.629T
- Enterprise value: $171.38B
- Trailing P/E: 88.47x
- Forward P/E: 55.92x
- Price to Book: 5.83x
- PEG ratio: not provided
Profitability and Efficiency
- Return on Equity (ROE): 27.1%
- Return on Assets (ROA): 8.9%
- Profit margins: 31.6%
- Gross margins: 77.2%
- Operating margins: 31.8%
Debt and Liquidity
- Debt to equity: 166.0x (high leverage)
- Total cash: ~$11.1B
- Total debt: ~$40.5B
- Net debt (debt − cash): ~$29.3B
- Dividend yield: 0.68% (vs. 5-year avg 2.19%)
Growth and Scale
- The company operates at very high profitability with substantial cash generation, but valuation remains premium, supported by growth in data-center and enterprise networking end markets.

Table: Key Fundamentals (at a glance)

Note: Values in USD unless otherwise indicated; percentages shown where applicable.

Metric	Value	Commentary / Notes
Current price	$345.02	Benchmark for upside/downside relative to targets
Market cap	$1.629T	Large-cap, tech infrastructure leader
Enterprise value	$171.38B	Net debt considerations embedded
Trailing P/E	88.47x	Very high vs. market; reflects growth/quality
Forward P/E	55.92x	Still elevated, but lower than trailing
Price-to-book	5.83x	High but supported by ROE and cash flow
ROE	27.1%	Strong profitability efficiency
ROA	8.9%	Solid asset efficiency
Profit margin	31.6%	Robust profitability tailwinds
Gross margin	77.2%	Extremely strong product mix/scale
Operating margin	31.8%	Healthy operating leverage
Debt to equity	166.0x	Elevated leverage; monitor balance sheet health
Total cash	~$11.1B	Cash cushion but debt is larger
Total debt	~$40.5B	Significant leverage to fund growth
Net debt	~$29.3B	Net leverage still meaningful
Dividend yield	0.68%	Modest cash return; long-run yield below 5-year avg
5-year avg dividend yield	2.19%	Historically higher dividend yield; current modest payout
Beta	1.208	Slightly above market, indicative of modest volatility

Earnings Analysis Recent Earnings Performance

Latest quarter (as of 2025-07-31):
- Total revenue: $15.952B
- Net income (continuing ops): $4.14B
- Diluted EPS: $0.85
- EBITDA: $8.294B; EBIT: $6.092B
- Tax and unusual items affected reported figures; normalization indicates a solid underlying performance.
Prior quarters (selected):
- 2025-04-30: Revenue $15.004B; Net income $4.965B; Diluted EPS $1.03
- 2025-01-31: Revenue $14.916B; Net income $5.503B; Diluted EPS $1.14
- 2024-10-31: Revenue $14.054B; Net income $4.325B; Diluted EPS $0.90
- 2024-07-31: Revenue $13.072B; Net income $(1.875)B; Diluted EPS $(0.40) (notable negative year-ago quarter; shows cyclicality in a challenging period) Earnings quality hints
Gross margins remained exceptionally strong (≈77%), indicating robust product mix and pricing dynamics.
EBITDA trends show meaningful quarterly variation but a high floor, with normalized EBITDA around $8–8.7B in recent quarters.
Net income from continuing operations remains positive in recent quarters, though quarter-to-quarter volatility exists due to tax and unusual items.

EPS Trend (as provided)

Quarter/period view (as provided):
- 0q: 1.86732
- +1q: 1.95849
- 0y: 6.73865
- +1y: 9.2211
Interpretation:
- The data suggest a strengthening in quarterly EPS sequentially (0q to +1q) and a meaningful year-over-year uplift when viewed on a broader basis (0y vs +1y), though the exact quarterly EPS path may differ from reported GAAP numbers due to normalization and itemization in the dataset. The numbers align with generally robust earnings momentum, albeit with volatility in certain quarters.

EPS Revisions (as provided)

0q period:
- Up last 7 days: 0
- Up last 30 days: 26
- Down last 30 days: 3
- Down last 7 days: 1
+1q period:
- Up last 7 days: 19
- Up last 30 days: 20
- Down last 30 days: 4
- Down last 7 days: 4
0y period:
- Up last 7 days: 1
- Up last 30 days: 33
- Down last 30 days: 1
- Down last 7 days: 0
+1y period:
- Up last 7 days: 3
- Up last 30 days: 36
- Down last 30 days: 0
- Down last 7 days: 0 Interpretation:
The revisions data show a net positive sentiment over the last 30 days across multiple horizons, with a notable concentration of upward revisions (especially for 0y and +1y horizons). This implies analysts have become more optimistic about AVGO’s earnings trajectory.

Technical Analysis

Price action
- Current price: $345.02
- 50-day moving average (latest): $321.50 (approximate, last shown MA around 321.5)
- Price vs. 50-D MA: Price is well above the 50-D MA, signaling upside potential and positive momentum.
Momentum indicators
- RSI (14): ~50.8 (neutral, neither overbought nor oversold)
- MACD (12,26,9): MACD ≈ 4.7; Signal ≈ 5.7 (MACD below signal, suggesting modest near-term momentum softness but not a blanket bearish signal)
Market breadth and trend
- Beta ≈ 1.21 indicates above-average market sensitivity; upside potential could be accelerated in a broad tech/semiconductor rally.
Support/Resistance context
- Major near-term support around 320 (50-D MA region)
- Major resistance zones near 375 (target median) and 420 (target high), with the 218 low acting as a far-out downside scenario trigger if macro conditions deteriorate (as per the drawn lines).

Analyst Consensus & Price Targets

Coverage and targets
- Number of Analysts: 41
- Target Low: $218
- Target Median: $375
- Target High: $420
- Target Mean: $370.36
Interpretive notes
- The mean/median targets imply upside potential from current levels, with a substantial spread to accommodate risk scenarios.
- The breadth of targets reflects differing views on growth, margins, and capital-return strategies going out 12 months and beyond.

Price Target Analysis (Short, Mid, Long-Term)

Summary of price targets relative to today (AVGO at ~ $345.02)
- Low target: $218.00
- Median target: $375.00
- High target: $420.00
Upside/downside deltas
- To Low (218): -36.8% downside
- To Median (375): +8.7% upside
- To High (420): +21.7% upside

Short-Term (3 months): 375.00

Rationale:
- Near-term momentum has improved in EPS trends and revisions, with multiple upgrades in the recent period.
- The stock sits above the 50-D MA and displays constructive price action; the RSI is neutral, suggesting room for upside before overbought levels.
Key drivers:
- Continued positive EPS revisions and quarterly performance, with solid demand in data-center/enterprise markets.
- Potential catalysts include better-than-expected quarterly results, favorable guidance, and continued buyback or capital-allocation actions.
Risks:
- If near-term momentum slows or macro headwinds intensify, the stock could fail to reach or sustain a 375 target within 3 months.

Mid-Term (12 months): 400.00

Rationale:
- An incremental uplift from the median target is plausible given the strong profitability profile and ongoing demand in networking/enterprise tech.
- Upward revisions across horizons (0q, 0y, +1y) suggest analysts expect earnings to hold up or improve, supporting a higher multiple expansion and potential multiple on forward earnings.
Key drivers:
- Continued revenue growth and margin discipline, sustained free cash flow generation, and favorable capital allocation (e.g., buybacks, dividend flexibility).
- Potential multiple expansion as forward P/E converges with quality/visibility, aided by robust balance sheet discipline and product-cycle tailwinds.
Risks:
- If growth decelerates, or if supply-chain constraints reappear, 12-month targets around 400 could be challenged.

Long-Term (3+ years): 420.00

Rationale:
- The high target reflects an optimistic long-run scenario consistent with durable competitive advantages, structural demand for semiconductors, and the potential for continued product leadership.
Key drivers:
- Sustained data-center and enterprise technology spend, ongoing product diversification, robust cash flow and deleveraging over time, and prudent capital return to shareholders.
Risks:
- Structural competition, cyclicality in end markets, geopolitics, or tech capex downturns could cap upside.

Earnings Quality and Growth Narrative

Revenue growth trend: The quarterly revenue series shows a trajectory from the mid-teens to the mid-teens in successive quarters (14.0–16.0B range). The normalization of EBITDA and operating income supports a durable earnings platform.
Margin sustainability: Gross margin around 77% and operating margin around 32% signal a durable and defensible margin structure, though cyclical price pressure and mix shifts could modestly affect margins in rolling quarters.
EPS revisions sentiment: The revisions data show a broad set of upward revisions across 0q, 0y, and +1y horizons in the last 30 days, indicating improving analyst expectations.
Earnings quality signals: The mix of continuing operations net income, EBITDA normalization, and stable revenue growth points to a solid earnings foundation, even if quarterly results can show volatility due to itemization or tax effects.

Key Risks & Opportunities

Risks
- High absolute valuation: trailing multiples are very elevated; any growth deceleration could compress multiples.
- Leverage: High debt-to-equity ratio indicates sensitivity to rate changes and balance-sheet risk if operating cash flows weaken.
- Macro cycles: Semiconductors are cyclical; a downturn in technology capex could pressure revenue and margins.
- Dividend policy: Current yield is subdued vs. historical averages; leverage and capital allocation could shift the dividend profile.
Opportunities
- Structural demand: Data-center, AI, 5G, and enterprise infrastructure create secular demand for Broadcom's product portfolio.
- Margin resilience: Strong gross margin supports resilient earnings even under pricing pressure.
- Capital allocation: Potential buybacks and strategic investments could support earnings per share and underscored confidence in the business.

Investment Recommendation

Rating: Hold
Rationale:
- AVGO shows a robust profitability profile, strong margins, and positive analyst revisions, but the stock trades at a premium multiple. The near-term setup is constructive (price above 50-D MA, neutral to mildly bullish momentum), while the long-run upside is plausible if earnings momentum remains intact.
Expected return potential (12–24 months): Approximately 8%–22% in the baseline scenario, with upside risk to the high target (420) if the company continues to deliver above-consensus results and favorable capital allocation. The downside risk (to 218) remains meaningful if growth or margins deteriorate or macro conditions worsen.

Technical Snapshot (Selected indicators)

50-Day Moving Average: ~321.5 (AVGO price ~345.0, implying about +23.5 points above the MA)
RSI (14): ~50.8 (neutral)
MACD (12,26,9): MACD ≈ 4.7; Signal ≈ 5.7 (bearish MACD cross proximity, slight near-term softness)
Support/Resistance cues:
- Immediate support near 320 (50-D MA region)
- Resistance bands near 375 (median target) and 420 (high target)
- Long-run downside risk signaled by the 218 low target

Analyst Coverage & Catalysts

Coverage: 41 analysts
Targets: Median 375, High 420, Low 218, Mean 370.36
Catalysts to monitor:
- Q2/Q3 earnings trends and guideposts
- Data-center demand and AI workflow expansion
- Product cycle advancements and ecosystem partnerships
- Free cash flow generation and capital allocation (buybacks, dividends)

Price Target Analysis Recap

Short-Term (3 months): 375.00 — justification: near-term earnings revisions support upside; price action above key moving averages; upside catalysts in the near term.
Mid-Term (12 months): 400.00 — justification: continued earnings momentum, opportunities for multiple expansion as forward earnings stabilize and investors gain confidence in sustainment of margins.
Long-Term (3+ years): 420.00 — justification: optimistic, but plausible, scenario given structural demand and capital allocation discipline; risk-reward remains favorable if fundamentals hold.

Appendix: Data Sources (as Provided)

Current price and fundamental metrics (P/E, P/B, margins, debt, cash, dividends) are taken from the user-supplied metrics.
Analyst targets and opinions: current price, low/median/high/mean targets, number of opinions.
Recent earnings summary: quarterly data for 2025-07-31, 2025-04-30, 2025-01-31, 2024-10-31, 2024-07-31; includes tax effects, normalized EBITDA, net income, and EPS.
EPS Trend and EPS Revisions: period-based trends and revision counts (up/down) across 0q, +1q, 0y, +1y.
Technical indicators: 50-day MA values, RSI (14), and MACD data across the last 60 days.

If you’d like, I can export the above into a neatly formatted report (PDF or docx) or push these targets into a charting view with the trendlines annotated for client presentation.