Summary:
- Insider sales at Broadcom (AVGO, Financial) have triggered investor caution.
- Analysts predict a potential upside of 38.54% based on current price targets.
- Broadcom holds an "Outperform" status with a notable GF Value downside.
In the past year, Broadcom (AVGO) insiders have offloaded shares worth over $131 million, without any insider purchases balancing these sales. Such activity naturally raises investor eyebrows, especially with the substantial sell-off by the Independent Chairman, despite insiders retaining a 1.2% stake in the company, valued at $9.6 billion.
Analyst Forecasts and Insights
Broadcom's one-year price outlook, as projected by 34 analysts, suggests an average target of $236.89. This is juxtaposed with a high estimate reaching $300.00 and a low of $171.60. These forecasts present a potential upside of 38.54% from the current trading price of $170.99. For a deeper dive into these estimates, visit the Broadcom Inc (AVGO, Financial) Forecast page.
Further supporting the positive sentiment, 40 brokerage firms collectively rate Broadcom Inc (AVGO, Financial) at an average of 1.8 on the recommendation scale, indicating an "Outperform" status. This scale ranges from 1, symbolizing a Strong Buy, to 5, indicating a Sell.
Understanding the GF Value
According to GuruFocus estimations, the projected GF Value for Broadcom Inc (AVGO, Financial) in the next year stands at $146.40. This suggests a potential downside of 14.38% from the current stock price of $170.99. The GF Value is a calculated estimate reflecting what the stock should ideally be trading at, derived from historical trading multiples, past business growth, and future business performance projections. To explore more on GF Value, refer to the Broadcom Inc (AVGO) Summary page.
