Bank of America says Broadcom could be the next trillion-dollar …

Jun 14, 2024 · In a note to investors on Thursday, Bank of America boosted its target price for Broadcom shares to $2,000 and raised its 2025 fiscal year sales forecast to $59.9 billion, …

$2000
OFF

Bank Of America Says Broadcom Could Be The Next Trillion-dollar …

2 weeks from now

Jun 14, 2024 · In a note to investors on Thursday, Bank of America boosted its target price for Broadcom shares to $2,000 and raised its 2025 fiscal year sales forecast to $59.9 billion, …

yahoo.com

$42.00
OFF

UPDATE: Bank Of America Reiterates On Broadcom On Raised …

2 weeks from now

Jul 23, 2014 · In a report published Wednesday, Bank of America analyst Vivek Arya reiterated a Buy rating on Broadcom (NASDAQ: BRCM ), and raised the price target from $42.00 to …

yahoo.com

13%
OFF

'From Value To Growth Stock:' BofA Hikes Broadcom Price Target

2 weeks from now

Jun 24, 2024 · Bank of America now expects growth to double to a compound annual growth rate (CAGR) of 13% from 2024 to 2026, “led by 24% CAGR across AI silicon and VMWare that …

investing.com

$1680
OFF

Is Broadcom Stock Going To $1,680? 1 Wall Street Analyst Thinks So.

2 weeks from now

Mar 11, 2024 · Bank of America analyst Vivek Arya says this is just a temporary setback and Broadcom stock will climb to $1,680 If you bought Broadcom at Friday's closing price, BofA …

fool.com

3%
OFF

Broadcom Stock Split Update: Up 3% Since June, History Says

2 weeks from now

Oct 2, 2024 · Bank of America analysts echoed that opinion, adding that Broadcom could upsell VMware to enterprise customers running AI workloads. Going forward, Wall Street expects …

nasdaq.com

$1
OFF

Will Broadcom Stock Have Its 'Nvidia Moment' In 2025?

2 weeks from now

Dec 19, 2024 · Broadcom’s recent earnings-fueled rally brought its stock to record highs and its market cap above the $1 trillion mark. The surge recalls Nvidia’s meteoric rise, with both …

investopedia.com

55%
OFF

Why Broadcom Stock Was On The Rebound Today | The Motley Fool

2 weeks from now

Sep 22, 2023 · Now what. Investors can likely breathe a sigh of relief because Broadcom's relationship with Google appears to be safe. Truist had noted that 55% of Broadcom's AI …

fool.com

18%
OFF

Why Broadcom Stock More Than Doubled In 2024 | The Motley Fool

2 weeks from now

2 days ago · Most investors scouring the technology sector for its top growth prospects probably don't have Broadcom (AVGO-2.18%) on their radar. But perhaps they should. Shares of this …

fool.com

29%
OFF

Bank Of America Braces For Massive Bond Losses As Yields Soar

2 weeks from now

6 days ago · The Nasdaq Composite (NASDAQINDEX: ^IXIC) advanced 29% in 2024, and history says that momentum could spill into 2025. Since its inception in 1971, the Nasdaq has gained …

yahoo.com

$100
OFF

#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

2 weeks from now

2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

FAQs about Bank of America says Broadcom could be the next trillion-dollar … Coupon?

How did Broadcom & Bank of America perform in fiscal year 2025?

Strong sales outlooks also helped Broadcom surge on Thursday, as it forecast $51 billion in sales this fiscal year, slightly above consensus. Bank of America sees this momentum continuing. For fiscal year 2025, it raised its sales forecasts to $59.9 billion, or a 16% increase year-over-year. ...

Could Broadcom be the next stock to reach a trillion-dollar market cap?

Broadcom could be the next stock to reach a trillion-dollar market cap, Bank of America said. The chipmaker's stock is surging after its quarterly earnings beat estimates. Strong sales, a debt paydown, and lucrative acquisitions should keep up the firm's momentum, BofA said. ...

Why did Bank of America raise its price target on Broadcom?

Read Now Bank of America analysts raised their price target on Broadcom (NASDAQ: AVGO) shares from $2,000 to $2,150, citing its “transformation to growth from a value stock driven by growing AI and VMWare contributions. Historically, AVGO’s traditional semiconductor and software segments grew at a normalized pace of 5% to 10%. ...

Is Broadcom stock going to $1680?

Is Broadcom Stock Going to $1,680? 1 Wall Street Analyst Thinks So. Bank of America raised its price target on Broadcom to $1,680 after the company's earnings report. Broadcom beat expectations for Q1, but guided to revenue slightly below expectations for the rest of 2024. ...

Is Broadcom a good stock to buy?

Broadcom, by contrast, is a B2B company, and many investors know little about it. Nonetheless, its $590 billion market cap now exceeds that of Magnificent Seven stock Tesla ( TSLA 0.66%). Given the continual growth in its revenue, dividend, and stock price, investors should ask if it deserves recognition as one of tech's top stocks. ...

Is Broadcom the next member of the trillion-dollar club?

Chip maker Broadcom looks like a contender to be the next member of the stock market's trillion-dollar club, Bank of America said Thursday. Investors cheered the semiconductor manufacturer in Thursday trades after it posted estimate-beating earnings and announced a 10-to-1 stock split. ...