Fintel reports that on May 28, 2025, Redburn Atlantic initiated coverage of Broadcom (BIT:1AVGO) with a Buy recommendation.
Analyst Price Forecast Suggests 3.57% Upside
As of May 7, 2025, the average one-year price target for Broadcom is €212.73/share. The forecasts range from a low of €153.68 to a high of €279.31. The average price target represents an increase of 3.57% from its latest reported closing price of €205.40 / share.
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The projected annual revenue for Broadcom is 43,001MM, a decrease of 21.14%. The projected annual non-GAAP EPS is 52.15.
What is the Fund Sentiment?
There are 5,728 funds or institutions reporting positions in Broadcom. This is an increase of 77 owner(s) or 1.36% in the last quarter. Average portfolio weight of all funds dedicated to 1AVGO is 1.27%, an increase of 12.99%. Total shares owned by institutions decreased in the last three months by 0.86% to 4,320,927K shares.
What are Other Shareholders Doing?
Capital International Investors holds 163,683K shares representing 3.48% ownership of the company. In its prior filing, the firm reported owning 188,651K shares , representing a decrease of 15.25%. The firm decreased its portfolio allocation in 1AVGO by 34.41% over the last quarter.
Capital World Investors holds 155,100K shares representing 3.30% ownership of the company. In its prior filing, the firm reported owning 196,969K shares , representing a decrease of 26.99%. The firm decreased its portfolio allocation in 1AVGO by 39.31% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 148,087K shares representing 3.15% ownership of the company. In its prior filing, the firm reported owning 146,329K shares , representing an increase of 1.19%. The firm decreased its portfolio allocation in 1AVGO by 23.76% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 130,245K shares representing 2.77% ownership of the company. In its prior filing, the firm reported owning 126,429K shares , representing an increase of 2.93%. The firm decreased its portfolio allocation in 1AVGO by 24.03% over the last quarter.
Geode Capital Management holds 106,384K shares representing 2.26% ownership of the company. In its prior filing, the firm reported owning 102,207K shares , representing an increase of 3.93%. The firm decreased its portfolio allocation in 1AVGO by 23.77% over the last quarter.
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