Broadcom Future Growth

Future criteria checks 5/6

Broadcom is forecast to grow earnings and revenue by 23.4% and 14.5% per annum respectively. EPS is expected to grow by 22.4% per annum. Return on equity is forecast to be 40.9% in 3 years.

Key information

23.4%

Earnings growth rate

22.4%

EPS growth rate

Semiconductor earnings growth	24.0%
Revenue growth rate	14.5%
Future return on equity	40.9%
Analyst coverage	Good
Last updated	19 Apr 2024

Recent future growth updates

Broadcom Inc. (NASDAQ:AVGO) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Dec 18

Recent updates

Broadcom: A Great Corporation At Too High A Price

Apr 08

Broadcom's Opportunity In The AI Revolution: Why Investors Should Take Notice

Mar 25

Broadcom's (NASDAQ:AVGO) Weak Earnings May Only Reveal A Part Of The Whole Picture

Mar 14

Broadcom Inc. (NASDAQ:AVGO) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Dec 18

Returns On Capital Are A Standout For Broadcom (NASDAQ:AVGO)

Nov 22

Is Broadcom Inc. (NASDAQ:AVGO) Expensive For A Reason? A Look At Its Intrinsic Value

Nov 10

Broadcom (NASDAQ:AVGO) Seems To Use Debt Rather Sparingly

Oct 29

Should You Investigate Broadcom Inc. (NASDAQ:AVGO) At US$831?

Oct 02

Here's Why We Think Broadcom (NASDAQ:AVGO) Might Deserve Your Attention Today

Aug 19

Does This Valuation Of Broadcom Inc. (NASDAQ:AVGO) Imply Investors Are Overpaying?

Aug 05

Is Broadcom (NASDAQ:AVGO) Using Too Much Debt?

Jul 18

Should You Investigate Broadcom Inc. (NASDAQ:AVGO) At US$867?

Jul 03

Do Broadcom's (NASDAQ:AVGO) Earnings Warrant Your Attention?

May 10

Is Broadcom Inc. (NASDAQ:AVGO) Expensive For A Reason? A Look At Its Intrinsic Value

Apr 28

Is Broadcom (NASDAQ:AVGO) A Risky Investment?

Apr 15

Why Broadcom Inc. (NASDAQ:AVGO) Could Be Worth Watching

Apr 03

Why The 23% Return On Capital At Broadcom (NASDAQ:AVGO) Should Have Your Attention

Mar 20

Broadcom (NASDAQ:AVGO) Is Increasing Its Dividend To $4.60

Mar 07

Here's Why We Think Broadcom (NASDAQ:AVGO) Might Deserve Your Attention Today

Jan 31

A Look At The Fair Value Of Broadcom Inc. (NASDAQ:AVGO)

Jan 18

Does Broadcom (NASDAQ:AVGO) Have A Healthy Balance Sheet?

Jan 03

Broadcom (NASDAQ:AVGO) Will Pay A Larger Dividend Than Last Year At $4.60

Dec 13

At US$526, Is Broadcom Inc. (NASDAQ:AVGO) Worth Looking At Closely?

Dec 07

Earnings and Revenue Growth Forecasts

NasdaqGS:AVGO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2026	62,625	23,561	32,255	34,878	14
10/31/2025	57,181	18,685	28,278	29,007	32
10/31/2024	50,227	9,987	22,720	23,912	33
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	6,716	7,613	N/A
2/4/2018	18,824	7,699	5,919	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
11/3/2013	2,520	552	N/A	722	N/A
8/4/2013	2,400	539	N/A	725	N/A
5/5/2013	2,362	542	N/A	716	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AVGO's forecast earnings growth (23.4% per year) is above the savings rate (2.3%).

Earnings vs Market: AVGO's earnings (23.4% per year) are forecast to grow faster than the US market (14.8% per year).

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

Revenue vs Market: AVGO's revenue (14.5% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: AVGO's revenue (14.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AVGO's Return on Equity is forecast to be very high in 3 years time (40.9%).

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Broadcom Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 15%

Broadcom Inc. (NASDAQ:AVGO) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

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

Consensus EPS estimates increase by 14%

Recent updates

Broadcom: A Great Corporation At Too High A Price

Chief Legal & Corporate Affairs Officer notifies of intention to sell stock

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

President of Semiconductor Solutions notifies of intention to sell stock

Broadcom's Opportunity In The AI Revolution: Why Investors Should Take Notice

Consensus EPS estimates increase by 15%

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

Lead Independent Director notifies of intention to sell stock

Broadcom's (NASDAQ:AVGO) Weak Earnings May Only Reveal A Part Of The Whole Picture

Upcoming dividend of US$5.25 per share

Broadcom: AI Saves The Day

First quarter dividend of US$5.25 announced

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

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: Poised To Deliver Another Strong Quarter

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

A Look At The Fair Value Of Broadcom Inc. (NASDAQ:AVGO)

Broadcom Stock Is Expensive, But Worth It Long Term

Is Now An Opportune Moment To Examine Broadcom Inc. (NASDAQ:AVGO)?

Broadcom Inc. Announces Board Changes

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

Broadcom (NASDAQ:AVGO) Could Easily Take On More Debt

Broadcom: The AI-Driven Rally Is Far From Being Over

Earnings Tell The Story For Broadcom Inc. (NASDAQ:AVGO)

Broadcom: My Biggest Position Is This Dividend Growth Monster

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

CFO & Chief Accounting Officer notifies of intention to sell stock

Is Now The Time To Put Broadcom (NASDAQ:AVGO) On Your Watchlist?

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

Broadcom Inc. (NASDAQ:AVGO) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

President of Semiconductor Solutions notifies of intention to sell stock

New minor risk - Shareholder dilution

Full year 2023 earnings: EPS misses analyst expectations

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

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.

Returns On Capital Are A Standout For Broadcom (NASDAQ:AVGO)

Is Broadcom Inc. (NASDAQ:AVGO) Expensive For A Reason? A Look At Its Intrinsic Value

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

Broadcom (NASDAQ:AVGO) Seems To Use Debt Rather Sparingly

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

Should You Investigate Broadcom Inc. (NASDAQ:AVGO) At US$831?

Lead Independent Director notifies of intention to sell stock

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

Independent Director recently bought US$9.6m worth of stock

Third quarter 2023 earnings: EPS misses analyst expectations

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

Here's Why We Think Broadcom (NASDAQ:AVGO) Might Deserve Your Attention Today

Does This Valuation Of Broadcom Inc. (NASDAQ:AVGO) Imply Investors Are Overpaying?

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

Broadcom Inc. Delivers Cloud Technology to Enterprise Data Centers

Is Broadcom (NASDAQ:AVGO) Using Too Much Debt?

Should You Investigate Broadcom Inc. (NASDAQ:AVGO) At US$867?

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

CFO & Chief Accounting Officer notifies of intention to sell stock

New minor risk - Shareholder dilution

Second quarter 2023 earnings: EPS exceeds analyst expectations

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

Investor sentiment improves as stock rises 19%

Do Broadcom's (NASDAQ:AVGO) Earnings Warrant Your Attention?

Is Broadcom Inc. (NASDAQ:AVGO) Expensive For A Reason? A Look At Its Intrinsic Value

Is Broadcom (NASDAQ:AVGO) A Risky Investment?

Why Broadcom Inc. (NASDAQ:AVGO) Could Be Worth Watching

Independent Director recently sold US$473k worth of stock

President recently sold US$19m worth of stock