Broadcom Future Growth

Future criteria checks 5/6

Broadcom is forecast to grow earnings and revenue by 43% and 13% per annum respectively. EPS is expected to grow by 42.5% per annum. Return on equity is forecast to be 34.7% in 3 years.

Key information

43.0%

Earnings growth rate

42.5%

EPS growth rate

Semiconductor earnings growth	19.1%
Revenue growth rate	13.0%
Future return on equity	34.7%
Analyst coverage	Good
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:0YXG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2027	77,084	33,168	40,802	41,743	4
10/31/2026	68,062	25,158	35,206	34,294	28
10/31/2025	60,490	19,275	29,759	29,413	40
10/31/2024	51,725	5,053	21,101	21,092	38
8/4/2024	46,815	5,487	18,655	19,186	N/A
5/5/2024	42,619	10,222	18,461	18,942	N/A
2/4/2024	38,865	11,582	18,393	18,864	N/A
10/29/2023	35,819	14,082	17,633	18,085	N/A
7/30/2023	35,454	13,869	17,371	17,840	N/A
4/30/2023	35,042	13,565	17,082	17,545	N/A
1/29/2023	34,412	12,599	16,860	17,286	N/A
10/30/2022	33,203	11,223	16,312	16,736	N/A
7/31/2022	31,680	9,826	15,304	15,694	N/A
5/1/2022	29,994	8,629	14,422	14,811	N/A
1/30/2022	28,501	7,531	13,707	14,137	N/A
10/31/2021	27,450	6,437	13,321	13,764	N/A
8/1/2021	26,510	5,773	13,114	13,571	N/A
5/2/2021	25,553	4,586	12,761	13,208	N/A
1/31/2021	24,685	3,662	12,383	12,852	N/A
11/1/2020	23,888	2,664	11,598	12,061	N/A
8/2/2020	23,197	2,232	10,735	11,192	N/A
5/3/2020	22,891	2,332	9,969	10,433	N/A
2/2/2020	22,666	2,532	9,446	9,887	N/A
11/3/2019	22,597	2,707	9,265	9,697	N/A
8/4/2019	22,265	3,004	9,411	9,853	N/A
5/5/2019	21,813	3,486	9,231	9,681	N/A
2/3/2019	21,310	6,514	8,813	9,327	N/A
11/4/2018	20,848	12,278	8,245	8,880	N/A
8/5/2018	20,248	11,690	7,442	8,204	N/A
5/6/2018	19,648	10,976	N/A	7,613	N/A
2/4/2018	18,824	7,699	N/A	6,883	N/A
10/29/2017	17,636	1,698	N/A	6,551	N/A
7/30/2017	16,928	601	N/A	5,944	N/A
4/30/2017	16,257	-168	N/A	5,251	N/A
1/29/2017	15,608	-1,760	N/A	4,290	N/A
10/30/2016	13,240	-1,627	N/A	3,411	N/A
7/31/2016	10,944	-587	N/A	2,641	N/A
5/1/2016	8,887	-57	N/A	2,270	N/A
1/31/2016	6,960	1,430	N/A	2,311	N/A
11/1/2015	6,824	1,391	N/A	2,318	N/A
8/2/2015	6,574	1,058	N/A	2,117	N/A
5/3/2015	6,108	694	N/A	1,839	N/A
2/1/2015	5,195	513	N/A	1,427	N/A
11/2/2014	4,269	309	N/A	1,175	N/A
8/3/2014	3,417	344	N/A	1,006	N/A
5/4/2014	2,792	606	N/A	829	N/A
2/2/2014	2,653	561	N/A	766	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0YXG's forecast earnings growth (43% per year) is above the savings rate (2.1%).

Earnings vs Market: 0YXG's earnings (43% per year) are forecast to grow faster than the UK market (14.8% per year).

High Growth Earnings: 0YXG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 0YXG's revenue (13% per year) is forecast to grow faster than the UK market (3.5% per year).

High Growth Revenue: 0YXG's revenue (13% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 0YXG's Return on Equity is forecast to be high in 3 years time (34.7%)

Broadcom Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Broadcom Inc. Provides Earnings Guidance for the Year 2024

Broadcom Inc. Provides Revenue Guidance for the Third Quarter Fiscal Year 2023

Recent updates

Broadcom Inc. to Report Q4, 2024 Results on Dec 12, 2024

Broadcom Unveils VeloRAIN, an Industry-First for Robust Ai Networking Beyond the Data Center

Chief Legal & Corporate Affairs Officer recently sold US$3.6m worth of stock

Broadcom Inc. Announces General Availability of BCM68660 and BCM55050

President recently sold US$8.2m worth of stock

Third quarter dividend of US$0.53 announced

Third quarter 2024 earnings released: US$0.31 loss per share (vs US$0.80 profit in 3Q 2023)

Broadcom Inc. Declares Quarterly Cash Dividend, Payable on September 30, 2024

Broadcom Inc. Launches Rally Anywhere, the On-Premises Version of Its Leading Enterprise Agility Platform

Broadcom Inc. Introduces VMware Tanzu Platform 10 to Accelerate Intelligent Application Delivery in the Private Cloud

Hitachi Vantara and Broadcom Announce Advanced Private and Hybrid Cloud Solutions with Vmware Cloud Foundation

Now 20% undervalued

Broadcom Inc. to Report Q3, 2024 Results on Sep 05, 2024

Broadcom Inc. Unveils Newest Innovations for VMware Cloud Foundation

President of Semiconductor Solutions recently sold US$4.6m worth of stock

Broadcom’s Symantec Cloud Secure Web Gateway Receives FedRAMP Authorization

Second quarter dividend of US$5.25 announced

Second quarter 2024 earnings released: EPS: US$4.56 (vs US$8.39 in 2Q 2023)

Broadcom Inc. Provides Earnings Guidance for the Year 2024

Broadcom Inc. Announces Automic® Automation Solution

Broadcom Inc. to Report Q2, 2024 Results on Jun 12, 2024

President of Semiconductor Solutions recently sold US$6.7m worth of stock

First quarter dividend of US$5.25 announced

Lead Independent Director recently sold US$4.1m worth of stock

First quarter 2024 earnings released: EPS: US$2.82 (vs US$9.03 in 1Q 2023)

Broadcom Inc. Approves Quarterly Cash Dividend, Payable on March 29, 2024

Broadcom Inc. Extends AI Workload Scale with Industry-First PCI Express Gen5/Gen6 Retimers

Broadcom Debuts Watchtower Platform for Mainframe Observability

Broadcom Inc., Annual General Meeting, Apr 22, 2024

Broadcom Inc. Announces Board Changes

Broadcom Inc. to Report Q1, 2024 Results on Mar 07, 2024

Investor sentiment improves as stock rises 16%

CFO & Chief Accounting Officer recently sold US$2.6m worth of stock

President of Semiconductor Solutions recently sold US$2.2m worth of stock

New minor risk - Shareholder dilution

Upcoming dividend of US$5.25 per share at 2.0% yield

Full year 2023 earnings released: EPS: US$33.93 (vs US$27.44 in FY 2022)

Broadcom Inc. Approves Quarterly Cash Dividend, Payable on December 29, 2023

New minor risk - Insider selling

Broadcom Inc. Announces Novel On-Chip, Neural-Network Inference Engine Called NetGNT

Broadcom Inc. (NasdaqGS:AVGO) completed the acquisition of VMware, Inc. (NYSE:VMW) from Michael S. Dell, Dodge & Cox, Silver Lake Management, L.L.C., Silver Lake Partners V DE (AIV), L.P., SL SPV-2, L.P. and others.

Broadcom Inc. to Report Q4, 2023 Results on Dec 07, 2023

Broadcom Ships Industry's First 5Nm Single-Chip 25.6Tb/S Router to Address Growing Bandwidth and Security Demands

Broadcom Inc. Delivers 200G/lane PAM-4 DSP PHY for Next Generation Switches and AI Networks

Upcoming dividend of US$4.60 per share at 2.2% yield

Independent Director recently bought US$9.6m worth of stock

Broadcom Inc. Announces Quarterly Dividend, Payable on September 29, 2023

Third quarter 2023 earnings released: EPS: US$8.00 (vs US$7.41 in 3Q 2022)

Broadcom Inc. to Report Q3, 2023 Results on Aug 31, 2023

Broadcom Inc. Delivers Cloud Technology to Enterprise Data Centers

Broadcom Announces Availability of Second-Generation Wi-Fi 7 Wireless Connectivity Chips

CFO & Chief Accounting Officer recently sold US$4.8m worth of stock

Upcoming dividend of US$4.60 per share at 2.2% yield

Broadcom Inc. Introduces FiFEM, The Wi-Fi RF FEM with Filter Integration Optimized for Wi-Fi 7 Access Points

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: EPS: US$8.39 (vs US$6.16 in 2Q 2022)

Broadcom Inc. Provides Revenue Guidance for the Third Quarter Fiscal Year 2023

Investor sentiment improves as stock rises 18%

Independent Director recently sold US$473k worth of stock

President recently sold US$19m worth of stock

Upcoming dividend of US$4.60 per share at 3.0% yield

First quarter 2023 earnings released: EPS: US$9.03 (vs US$5.82 in 1Q 2022)

Broadcom Inc., Annual General Meeting, Apr 03, 2023

Broadcom Inc. to Report Q1, 2023 Results on Mar 02, 2023

Independent Director recently sold US$116k worth of stock

Broadcom Inc. Enables Hybrid Storage Options for Mainframe Data with Availability of CA 1 Flexible Storage Solution

Full year 2022 earnings released: EPS: US$27.44 (vs US$15.70 in FY 2021)

Broadcom Inc. Declares Quarterly Cash Dividend, Payable on December 30, 2022

Insufficient new directors

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity