AVGO Stock Rises 32% in a Month: Will the Momentum Continue in 2025?

Zacks01-07 23:22

Broadcom AVGO shares have appreciated 32.4% in the past month, outperforming both the Zacks Computer & Technology sector and the Zacks Electronics Semiconductors industry. Over the same timeframe, the...

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Over the same timeframe, the...</p>\n\n<a href=\"https://finance.yahoo.com/news/avgo-stock-rises-32-month-152200431.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0648000940.SGD","symbol_name":"Natixis Harris Associates Global Equity RA SGD","start_time":0,"source_url":"https://finance.yahoo.com/news/avgo-stock-rises-32-month-152200431.html","article_id":"2501733749","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501733749","pubTimestamp":1736263320,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Broadcom AVGO shares have appreciated 32.4% in the past month, outperforming both the Zacks Computer & Technology sector and the Zacks Electronics Semiconductors industry. 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Since closing the acquisition, AVGO added more than 4500 of its largest 10,000 customers to VMware Cloud Foundation, which enables enterprises to deploy private cloud environments on-prem.Broadcom’s strong partner base, including Arista Networks, DELL, Juniper and Supermicro, has been a key catalyst.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","BK4588":"碎股","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","META":"Meta Platforms, Inc.","LU0444971666.USD":"天利全球科技基金","USJW.SI":"ALPHAB 3xLongSG261006","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","TSM":"台积电","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","BK4591":"室温超导概念","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","SG9999001077.SGD":"United International Growth Fund SGD","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","AVGO":"博通","LU1670710661.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) INC","SGXZ81514606.USD":"大华环球创新基金A Acc USD","AVGOP":"BROADCOM INC PFD SER A 22","GOOG":"谷歌","BK4576":"AR","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4602":"量子计算概念","03145":"华夏亚洲高息股","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","GOOGL":"谷歌A","LU1221951129.SGD":"NORDEA 1 STABLE RETURN \"HM\" (SGDHDG) INC","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC"},"translate_title":"AVGO股价一个月内上涨32%：2025年这种势头会持续吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVGO":1,"META":1,"TSM":1,"GOOGL":1,"AVGOP":0.9,"GOOG":0.78,"USJW.SI":0.6,"03145":0.6},"content_text":"Broadcom AVGO shares have appreciated 32.4% in the past month, outperforming both the Zacks Computer & Technology sector and the Zacks Electronics Semiconductors industry. Over the same timeframe, the sector and industry have returned 0.3% and 18.9%, respectively.AVGO is benefiting from strong demand for its networking products and custom AI accelerators (XPUs). In fiscal 2024, AI revenues jumped 220% over fiscal 2023 to $12.2 billion and represented 41% of semiconductor revenues. The acquisition of VMware has benefited Infrastructure software solutions. Since closing the acquisition, AVGO added more than 4500 of its largest 10,000 customers to VMware Cloud Foundation, which enables enterprises to deploy private cloud environments on-prem.Broadcom’s strong partner base, including Arista Networks, DELL, Juniper and Supermicro, has been a key catalyst.\nAVGO Outperforms Sector\nImage Source: Zacks Investment Research\nStrong demand for Broadcom’s application-specific integrated chips (ASICs), designed to support AI and machine learning and make these tasks more efficient, aids top-line growth. Alphabet GOOGL and Meta Platforms META are notable users of Broadcom’s ASICs.\nAVGO’s Prospects Ride on Expanding AI Portfolio\nBroadcom expanded its AI portfolio with the launch of the industry’s first Face-to-Face (F2F) 3.5D XPUs. Its 3.5D eXtreme Dimension System in Package (XDSiP) platform technology is now available, which helps consumer AI customers develop next-generation XPUs.XPUs are necessary to train Generative AI (GenAI) models, and they require complex integration of compute, memory, and I/O capabilities to achieve the necessary performance at lower power consumption and cost. 3.5D integration, which combines 3D silicon stacking with 2.5D packaging, is increasingly becoming popular for improved XPUs.Broadcom’s F2F stacking directly connects the top metal layers of the top and bottom dies, providing a dense and reliable connection with minimal electrical interference and exceptional mechanical strength. The F2F offers better interconnect density (seven times increase in signal density) and power efficiency (10 times reduction in power consumption in die-to-die interfaces) compared with the Face-to-Back approach.Broadcom’s F2F 3.5D XPU leverages Taiwan Semiconductor’s TSM cutting-edge process nodes and 2.5D CoWoS packaging technologies. It integrates four compute dies, one I/O die and six HBM modules.\nAI Focus to Boost Broadcom’s Prospects\nIn the fourth quarter of fiscal 2024, networking revenues, which represented 76% of networking, surged 158% year over year. AI XPU shipments doubled to AVGO’s three hyperscale customers, and it saw four times growth in AI connectivity revenues driven by Tomahawk and Jericho shipments globally. For the first quarter of fiscal 2025, AVGO expects the momentum in AI connectivity to remain strong as more hyperscalers deploy Jericho3-AI in their fabrics. Broadcom expects first-quarter fiscal 2025 AI revenues to grow 65% year over year to $3.8 billion. The latest XPUs expand Broadcom’s AI portfolio. Its next-generation XPUs are in 3 nanometers and will be the first of its kind to market in that process node. AVGO remains on track for volume shipment of these XPUs to its hyperscale customers in the second half of fiscal 2025.AVGO sees massive opportunities in the AI space as specific hyperscalers have started to develop their own XPUs. It believes by 2027 each of AVGO’s three hyperscalers plans to deploy 1 million XPU clusters across a single fabric. Serviceable Addressable Market for XPUs and network are expected between $60 billion and $90 billion in fiscal 2027 alone.\nAVGO’s Earnings Estimate Revision Shows Upward Trend\nThe Zacks Consensus Estimate for fiscal 2025 earnings is pegged at $6.30 per share, up 3% over the past 30 days, indicating 29.36% year-over-year growth.The consensus estimate for fiscal 2025 revenues is pegged at $61 billion, indicating 18.28% growth over fiscal 2024’s reported figure.The Zacks Consensus Estimate for fiscal first-quarter earnings is pegged at $1.50 per share, up over the past 30 days, indicating 36.36% year-over-year growth.The consensus estimate for first-quarter fiscal 2025 revenues is pegged at $14.62 billion, indicating 22.23% growth over the year-ago quarter’s reported figure.AVGO’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 3.57%. \n\nBroadcom Inc. Price and Consensus\n  \nBroadcom Inc. price-consensus-chart | Broadcom Inc. Quote\n\nFind the latest EPS estimates and surprises on Zacks Earnings Calendar.\nAVGO Shares Trading at a Premium\nAVGO stock is not so cheap, as the Value Score of F suggests a stretched valuation at this moment.In terms of the forward 12-month Price/Sales, AVGO is trading at 17.7X, higher than its median of 12.48X and the sector’s 7.14X.\nPrice/Sales Ratio (F12M)\n \nImage Source: Zacks Investment Research\nConclusion\nBroadcom’s expanding AI portfolio, along with a rich partner base, reflects solid top-line growth potential. We believe these factors justify the premium valuation and will continue to drive the share price momentum in 2025.Broadcom currently has a Zacks Rank #2 (Buy) and a Growth Score of B, a favorable combination that offers a strong investment opportunity, per the Zacks Proprietary methodology. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nBroadcom Inc. (AVGO) : Free Stock Analysis Report\nTaiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report\nAlphabet Inc. (GOOGL) : Free Stock Analysis Report\nMeta Platforms, Inc. (META) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.0","shortVersion":"4.30.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2501733749"}