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Stockreport

Could Broadcom Inc (AVGO) Double Its Revenue in Two Years? [Yahoo! Finance]

Broadcom Inc. (AVGO)  More Company Research Source: Yahoo! Finance
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Inc. (NASDAQ:AVGO) from Peer Perform to Outperform, setting a price target of $400 on January 30. The firm's price target implies an additional 20.7% upside from the current levels. The upgrade came after channel checks indicated the company could ship as many as 7 million tensor processing units by 2028. According to the analyst, other ongoing projects are anticipated to add flexibility, giving Broadcom Inc. (NASDAQ:AVGO) additional optionality in its production and revenue outlook. In Wolfe Research's bullish scenario, the company's artificial intelligence revenue is projected to double by 2027. This expansion could drive earnings to around $18 per share, with the stock currently trading at roughly 22 times this projected earnings power. The research note emphasized that Broadcom's growing presence in tensor processing units cannot be ignored. Wolfe Research highlighted the company's accelerating growth trajectory and increasing competitiveness in this key segment, signaling tha [Read more]
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Stockreport

Could Broadcom Inc (AVGO) Double Its Revenue in Two Years? [Yahoo! Finance]

Broadcom Inc.  (AVGO) 
More Company Research Source: Yahoo! Finance
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Inc. (NASDAQ:AVGO) from Peer Perform to Outperform, setting a price target of $400 on January 30. The firm's price target implies an additional 20.7% upside from the current levels. The upgrade came after channel checks indicated the company could ship as many as 7 million tensor processing units by 2028. According to the analyst, other ongoing projects are anticipated to add flexibility, giving Broadcom Inc. (NASDAQ:AVGO) additional optionality in its production and revenue outlook. In Wolfe Research's bullish scenario, the company's artificial intelligence revenue is projected to double by 2027. This expansion could drive earnings to around $18 per share, with the stock currently trading at roughly 22 times this projected earnings power. The research note emphasized that Broadcom's growing presence in tensor processing units cannot be ignored. Wolfe Research highlighted the company's accelerating growth trajectory and increasing competitiveness in this key segment, signaling tha [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AVGO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS