Broadcom Inc. (NASDAQ-AVGO) is an American multinational technology company focused on developing and manufacturing leading-edge semiconductor and software solutions. It is one of the most important market players in areas that are key to modern digital infrastructure, such as networking technologies and artificial intelligence (AI).
Expected economic results
This major global player in semiconductor solutions and software platforms, is in the focus of investor attention with the expected release of financial results for the second fiscal quarter of 2025. The results will be published on Thursday, June 5 after the close of the U.S. trading session.
The company’s key segments
Broadcom Inc (NASDAQ-AVGO) continues to solidify its position as the second-largest supplier of AI chips after Nvidia. The company’s portfolio covers a broad spectrum from networking components to advanced software solutions, with wireless and broadband technology also playing a significant role..
Broadcom Inc. (NASDAQ: AVGO) completed one of the most significant technology acquisitions of recent years when it closed a deal to acquire VMware Inc. in 2023 for a total value of $69 billion. This acquisition is a significant factor in the software business, which has produced a significant shift in parent company Broadcom Inc.’s revenue in this segment, with software revenue rising 47% to $6.7 billion in the last quarter.
Stock development and analysts’ stance
Shares of Broadcom Inc (NASDAQ-AVGO) are currently oscillating around the $242 level, having gained approximately 4% since the beginning of the year. The analyst consensus recommendation is mostly positive, with 13 of the 14 analysts surveyed recommending a Buy, with a target price around $247. The company also pays a regular quarterly dividend. The dividend yield is currently 0.97% p.a. The actual dividend amount was approved by Broadcom Inc.’s shareholders at $0.59 per share.
