Broadcom (AVGO) Q4 & FY 2024 Results Schedule: GuruFocus Value and Potential Price Movement

What to Expect on Broadcom's Q4 Report

Nov 12, 2024

Summary

For five consecutive quarters AVGO missed the consensus expectation, will this time be different?

Broadcom Inc. (AVGO, Financial), the sixth-largest semiconductor company globally and has expanded into various software businesses, today announced that it will have its fourth quarter report as well as its fiscal year 2024 financial results to be released on Thursday, December 12, 2024 on market closing. People can expect to join their conference call at 2:00 p.m. Pacific Time on the same day to discuss the results and outlook.

For the past five quarters, AVGO's EPS has consistently missed consensus expectations, resulting in varying price movements:

Based on the one year price targets offered by 31 analysts, the average target price for Broadcom Inc is $196.42 with a high estimate of $240.00 and a low estimate of $156.21. The average target implies a upside of +12.06% from the current price of $175.28.

Based on GuruFocus estimates, the estimated GF Value for Broadcom Inc in one year is $121.10, suggesting a downside of -30.91% from the current price of $175.28.

Get more insights and make more informed investment decisions by visiting GuruFocus today and dive deeper into AVGO's performance with Charts & Guru Insights

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I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure

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