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0.000104625962185093 -0.000104625962185263 -0.000881847395560917 -0.000523129810925974 0.000582916075031741 0.000313877886555448 -0.000881847395560917 -0.000881847395560917
Stock impact report

What's Happening With AVGO Stock? [Forbes]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Forbes
... More SOPA Images/LightRocket via Getty Images Broadcom Inc. (NASDAQ: AVGO) has greatly surpassed the overall market in the past twelve months, with an approximate 50% increase compared to the S&P 500's 15%. This impressive performance has been fueled by heightened demand for its customized AI chips and AI networking solutions, along with the successful assimilation and financial contributions from its VMware acquisition. Even with this recent boost, the stock has provided significant long-term growth, increasing by over 550% since early 2023. This remarkable long-term surge is mainly attributed to two primary factors: The company's price-to-sales (P/S) ratio experienced a notable 369% growth, rising from 6 in 2022 to its current value of 26. Revenue expanded significantly by 92%, jumping from $33 billion to $64 billion. These positive influences were somewhat mitigated by a 15% rise in the total number of shares outstanding, which now totals 4.7 billion. Our dashboa Show less Read more
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