USD 229
↑ 0.72 (0.32%)
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| AAPL | 0.3 | 1.1 | -3.2 | 1.1 | 19.1 | 20.1 | 42.2 | 249.6 | 686.4 | 178318.4 |
| S&P 500 | 0.0 | 0.1 | 1.1 | 5.3 | 11.2 | 30.4 | 26.4 | 90.7 | 186.8 | 33405.7 |
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| Attribute | Value |
|---|---|
| symbol | AAPL |
| name | Apple Inc. |
| price | 229 |
| changes percentage | 0.32 |
| change | 0.72 |
| day low | 225.89 |
| day high | 229.93 |
| year high | 237.49 |
| year low | 164.08 |
| market cap | 3461518200000 |
| price avg 50 | 227.34 |
| price avg 200 | 204.25 |
| exchange | NASDAQ |
| volume | 30174153 |
| avg volume | 47928778 |
| open | 228.06 |
| previous close | 228.28 |
| eps | 6.07 |
| pe | 37.73 |
| earnings announcement | 2025-01-30T21:00:00.000+0000 |
| shares outstanding | 15115800000 |
| timestamp | 2024-11-20 21:00:01 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2024 | 2023 | Y/Y change % | |
|---|---|---|---|
| 0000320193 | |||
| revenue | 391035000000 | 383285000000 | 2.02 |
| gross profit | 180683000000 | 169148000000 | 6.82 |
| gross profit ratio | 0.46 | 0.44 | 4.70 |
| research and development expenses | 31370000000 | 29915000000 | 4.86 |
| operating expenses | 57467000000 | 54847000000 | 4.78 |
| interest income | 0 | 3750000000 | -100.00 |
| interest expense | 0 | 3933000000 | -100.00 |
| ebitda | 134661000000 | 125820000000 | 7.03 |
| ebitdaratio | 0.34 | 0.33 | 4.91 |
| operating income | 123216000000 | 114301000000 | 7.80 |
| operating income ratio | 0.32 | 0.3 | 5.66 |
| net income | 93736000000 | 96995000000 | -3.36 |
| net income ratio | 0.24 | 0.25 | -5.28 |
| eps | 6.11 | 6.16 | -0.81 |
Revenue Growth: revenue increased to 391,035 million in 2024 from 383,285 million in 2023 representing a change of 2.02%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 180,683 million in 2024 from 169,148 million in 2023 representing a change of 6.82%. This indicates a sales profitability growth, which is a positive sign for the company.
Research and Development (R&D) Expenses: R&D Expenses increased to 31,370 million in 2024 from 29,915 million in 2023 representing a change of 4.86%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 134,661 million in 2024 from 125,820 million in 2023 representing a change of 7.03%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 123,216 million in 2024 from 114,301 million in 2023 representing a change of 7.8%. The increase in operating income indicates better operational performance and increased profitability.
Operating Expenses: Operating Expenses increased to 57,467 million in 2024 from 54,847 million in 2023 representing a change of 4.78%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
Net Income: Net income decreased to 93,736 million in 2024 from 96,995 million in 2023 representing a change of -3.36%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 6.11 in 2024 from 6.11 in 2023 representing a change of -0.81%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
| 2024Q4 | 2024Q3 | Q/Q change % | |
|---|---|---|---|
| 0000320193 | |||
| revenue | 94930000000 | 85777000000 | 10.67 |
| gross profit | 43879000000 | 39678000000 | 10.59 |
| gross profit ratio | 0.46 | 0.46 | -0.07 |
| research and development expenses | 7765000000 | 8006000000 | -3.01 |
| operating expenses | 14288000000 | 14326000000 | -0.27 |
| interest income | 0 | 0 | NaN |
| interest expense | 0 | 0 | NaN |
| ebitda | 32502000000 | 28202000000 | 15.25 |
| ebitdaratio | 0.34 | 0.33 | 4.14 |
| operating income | 29591000000 | 25352000000 | 16.72 |
| operating income ratio | 0.31 | 0.3 | 5.47 |
| net income | 14736000000 | 21448000000 | -31.29 |
| net income ratio | 0.16 | 0.25 | -37.92 |
| eps | 0.97 | 1.4 | -30.71 |
Revenue Growth: revenue increased to 94,930 million in 2024Q4 from 85,777 million in 2024Q3 representing a change of 10.67%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 43,879 million in 2024Q4 from 39,678 million in 2024Q3 representing a change of 10.59%. This indicates a sales profitability growth, which is a positive sign for the company.
Operating Expenses: Operating Expenses decreased to 14,288 million in 2024Q4 from 14,326 million in 2024Q3 representing a change of -0.27%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 32,502 million in 2024Q4 from 28,202 million in 2024Q3 representing a change of 15.25%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 29,591 million in 2024Q4 from 25,352 million in 2024Q3 representing a change of 16.72%. The increase in operating income indicates better operational performance and increased profitability.
Research and Development (R&D) Expenses: R&D Expenses decreased to 7,765 million in 2024Q4 from 8,006 million in 2024Q3 representing a change of -3.01%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.
Net Income: Net income decreased to 14,736 million in 2024Q4 from 21,448 million in 2024Q3 representing a change of -31.29%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 0.97 in 2024Q4 from 0.97 in 2024Q3 representing a change of -30.71%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
| 2024 | 2023 | Y/Y change % | |
|---|---|---|---|
| 0000320193 | |||
| total assets | 364980000000 | 352583000000 | 3.52 |
| total liabilities | 308030000000 | 290437000000 | 6.06 |
| total equity | 56950000000 | 62146000000 | -8.36 |
| cash and cash equivalents | 29943000000 | 29965000000 | -0.07 |
| short term investments | 35228000000 | 31590000000 | 11.52 |
| long term investments | 91479000000 | 100544000000 | -9.02 |
| total current assets | 152987000000 | 143566000000 | 6.56 |
| total non current assets | 211993000000 | 209017000000 | 1.42 |
| total current liabilities | 176392000000 | 145308000000 | 21.39 |
| total non current liabilities | 131638000000 | 145129000000 | -9.30 |
| common stock | 83276000000 | 73812000000 | 12.82 |
| retained earnings | -19154000000 | -214000000 | -8,850.47 |
| total debt | 106629000000 | 111088000000 | -4.01 |
Total Assets: Total Assets increased to 364,980 million in 2024 from 352,583 million in 2023 representing a change of 3.52%. Suggesting a growth in asset holdings.
Short Term Investments: Short Term Investments increased to 35,228 million in 2024 from 31,590 million in 2023 representing a change of 11.52%. This indicates an increase in short-term investment holdings.
Total Current Assets: Total Current Assets increased to 152,987 million in 2024 from 143,566 million in 2023 representing a change of 6.56%. This indicates a better liquidity position.
Common Stock: Common Stock increased to 83,276 in 2024 from 73,812 in 2023 representing a change of 12.82%. This indicates an increase in ownership interest.
Total Debt: Total Debt decreased to 106,629 million in 2024 from 111,088 million in 2023 representing a change of -4.01%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 308,030 million in 2024 from 290,437 million in 2023 representing a change of 6.06%. This indicates an increase in overall liabilities.
Total Equity: Total Equity decreased to 56,950 million in 2024 from 62,146 million in 2023 representing a change of -8.36%. This indicates a decrease in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 29,943 million in 2024 from 29,965 million in 2023 representing a change of -0.07%. This indicates a decrease in available liquid assets.
Total Current Liabilities: Total Current Liabilities increased to 176,392 million in 2024 from 145,308 million in 2023 representing a change of 21.39%. This indicates a higher short-term debt burden.
Retained Earnings: Retained Earnings decreased to -19,154 million in 2024 from -214 million in 2023 representing a change of -8850.47%. This indicates an accumulated losses.
| 2024Q4 | 2024Q3 | Q/Q change % | |
|---|---|---|---|
| 0000320193 | |||
| total assets | 364980000000 | 331612000000 | 10.06 |
| total liabilities | 308030000000 | 264904000000 | 16.28 |
| total equity | 56950000000 | 66708000000 | -14.63 |
| cash and cash equivalents | 29943000000 | 25565000000 | 17.12 |
| short term investments | 35228000000 | 36236000000 | -2.78 |
| long term investments | 91479000000 | 91240000000 | 0.26 |
| total current assets | 152987000000 | 125435000000 | 21.97 |
| total non current assets | 211993000000 | 206177000000 | 2.82 |
| total current liabilities | 176392000000 | 131624000000 | 34.01 |
| total non current liabilities | 131638000000 | 133280000000 | -1.23 |
| common stock | 83276000000 | 79850000000 | 4.29 |
| retained earnings | -19154000000 | -4726000000 | -305.29 |
| total debt | 106629000000 | 101304000000 | 5.26 |
Total Assets: Total Assets increased to 364,980 million in 2024Q4 from 331,612 million in 2024Q3 representing a change of 10.06%. Suggesting a growth in asset holdings.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 29,943 million in 2024Q4 from 25,565 million in 2024Q3 representing a change of 17.12%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 152,987 million in 2024Q4 from 125,435 million in 2024Q3 representing a change of 21.97%. This indicates a better liquidity position.
Common Stock: Common Stock increased to 83,276 in 2024Q4 from 79,850 in 2024Q3 representing a change of 4.29%. This indicates an increase in ownership interest.
Total Liabilities: Total Liabilities increased to 308,030 million in 2024Q4 from 264,904 million in 2024Q3 representing a change of 16.28%. This indicates an increase in overall liabilities.
Total Equity: Total Equity decreased to 56,950 million in 2024Q4 from 66,708 million in 2024Q3 representing a change of -14.63%. This indicates a decrease in shareholders' equity.
Short Term Investments: Short Term Investments decreased to 35,228 million in 2024Q4 from 36,236 million in 2024Q3 representing a change of -2.78%. This indicates a decrease in short-term investment holdings.
Total Current Liabilities: Total Current Liabilities increased to 176,392 million in 2024Q4 from 131,624 million in 2024Q3 representing a change of 34.01%. This indicates a higher short-term debt burden.
Retained Earnings: Retained Earnings decreased to -19,154 million in 2024Q4 from -4,726 million in 2024Q3 representing a change of -305.29%. This indicates an accumulated losses.
Total Debt: Total Debt increased to 106,629 million in 2024Q4 from 101,304 million in 2024Q3 representing a change of 5.26%. This indicates an increase in overall debt burden.
| 2024 | 2023 | Y/Y change % | |
|---|---|---|---|
| 0000320193 | |||
| net change in cash | -794000000 | 5760000000 | -113.78 |
| operating cash flow | 118254000000 | 110543000000 | 6.98 |
| free cash flow | 108807000000 | 99584000000 | 9.26 |
| capital expenditure | -9447000000 | -10959000000 | 13.80 |
| depreciation and amortization | 11445000000 | 11519000000 | -0.64 |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 11688000000 | 10833000000 | 7.89 |
| accounts payables | 6020000000 | -1889000000 | 418.69 |
| inventory | -1046000000 | -1618000000 | 35.35 |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | -9447000000 | -10959000000 | 13.80 |
| net cash used for investing activites | 2935000000 | 3705000000 | -20.78 |
| debt repayment | -5998000000 | -9901000000 | 39.42 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -94949000000 | -77550000000 | -22.44 |
| dividends paid | -15234000000 | -15025000000 | -1.39 |
| net cash used provided by financing activities | -121983000000 | -108488000000 | -12.44 |
| cash at end of period | 29943000000 | 30737000000 | -2.58 |
| accounts receivables | -5144000000 | -1688000000 | -204.74 |
| cash at beginning of period | 30737000000 | 24977000000 | 23.06 |
Net Change in Cash: Net Change in Cash decreased to -794 million in 2024 from 5,760 million in 2023 representing a change of -113.78%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Capital Expenditure: Capital Expenditure increased to -9,447 million in 2024 from -10,959 million in 2023 representing a change of 13.8%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Stock-Based Compensation: Stock-Based Compensation increased to 11,688 million in 2024 from 10,833 million in 2023 representing a change of 7.89%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Accounts Payables: The absolute value of Accounts Payables increased to 6,020 million in 2024 from 1,889 million in 2023 representing a change of 418.69%. This indicates that the company has increased its outstanding obligations to its suppliers.
Dividends Paid: Dividends Paid decreased to -15,234 million in 2024 from -15,025 million in 2023 representing a change of -1.39%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
Operating Cash Flow: Operating Cash Flow increased to 118,254 million in 2024 from 110,543 million in 2023 representing a change of 6.98%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 108,807 million in 2024 from 99,584 million in 2023 representing a change of 9.26%. This indicates an increase in cash generated after accounting for capital expenditures.
Accounts Receivables: Accounts Receivables decreased to -5,144 million in 2024 from -1,688 million in 2023 representing a change of -204.74%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
| 2024Q4 | 2024Q3 | Q/Q change % | |
|---|---|---|---|
| 0000320193 | |||
| operating cash flow | 26811000000 | 28858000000 | -7.09 |
| free cash flow | 23903000000 | 26707000000 | -10.50 |
| capital expenditure | -2908000000 | -2151000000 | -35.19 |
| depreciation and amortization | 2911000000 | 2850000000 | 2.14 |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | 2858000000 | 2869000000 | -0.38 |
| accounts receivables | -22941000000 | -1030000000 | -2,127.28 |
| accounts payables | 21191000000 | 1539000000 | 1,276.93 |
| inventory | -1087000000 | -12000000 | -8,958.33 |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | -2908000000 | -2151000000 | -35.19 |
| net cash used for investing activites | 1445000000 | -127000000 | 1,237.80 |
| debt repayment | 4387000000 | -3253000000 | 234.86 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -25083000000 | -26522000000 | 5.43 |
| dividends paid | -3804000000 | -3895000000 | 2.34 |
| net cash used provided by financing activities | -24948000000 | -36017000000 | 30.73 |
| net change in cash | 3308000000 | -9407000000 | 135.17 |
| cash at end of period | 29943000000 | 24514000000 | 22.15 |
| cash at beginning of period | 26635000000 | 33921000000 | -21.48 |
Net Change in Cash: Net Change in Cash increased to 3,308 million in 2024Q4 from -9,407 million in 2024Q3 representing a change of 135.17%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Capital Expenditure: Capital Expenditure decreased to -2,908 million in 2024Q4 from -2,151 million in 2024Q3 representing a change of -35.19%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Stock-Based Compensation: Stock-Based Compensation decreased to 2,858 million in 2024Q4 from 2,869 million in 2024Q3 representing a change of -0.38%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Receivables: Accounts Receivables decreased to -22,941 million in 2024Q4 from -1,030 million in 2024Q3 representing a change of -2127.28%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Dividends Paid: Dividends Paid increased to -3,804 million in 2024Q4 from -3,895 million in 2024Q3 representing a change of 2.34%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.
Operating Cash Flow: Operating Cash Flow decreased to 26,811 million in 2024Q4 from 28,858 million in 2024Q3 representing a change of -7.09%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to 23,903 million in 2024Q4 from 26,707 million in 2024Q3 representing a change of -10.5%. This indicates a decrease in cash generated after accounting for capital expenditures.
Accounts Payables: The absolute value of Accounts Payables increased to 21,191 million in 2024Q4 from 1,539 million in 2024Q3 representing a change of 1276.93%. This indicates that the company has increased its outstanding obligations to its suppliers.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q4 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2024-09-28 | 2023-09-30 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2024 | 2023 | NaN |
| revenue per share | 25.48 | 24.34 | 4.68 |
| net income per share | 6.11 | 6.16 | -0.84 |
| operating cash flow per share | 7.71 | 7.02 | 9.77 |
| free cash flow per share | 7.09 | 6.33 | 12.11 |
| cash per share | 4.25 | 3.91 | 8.64 |
| book value per share | 3.71 | 3.95 | -5.97 |
| tangible book value per share | 3.71 | 3.95 | -5.97 |
| shareholders equity per share | 3.71 | 3.95 | -5.97 |
| interest debt per share | 6.95 | 7.31 | -4.88 |
| market cap | 3495160329570 | 2695569789510 | 29.66 |
| enterprise value | 3571846329570 | 2776692789510 | 28.64 |
| pe ratio | 37.29 | 27.79 | 34.17 |
| price to sales ratio | 8.94 | 7.03 | 27.09 |
| pocfratio | 29.56 | 24.38 | 21.21 |
| pfcf ratio | 32.12 | 27.07 | 18.67 |
| pb ratio | 61.37 | 43.37 | 41.49 |
| ptb ratio | 61.37 | 43.37 | 41.49 |
| ev to sales | 9.13 | 7.24 | 26.09 |
| enterprise value over ebitda | 26.52 | 22.07 | 20.19 |
| ev to operating cash flow | 30.2 | 25.12 | 20.25 |
| ev to free cash flow | 32.83 | 27.88 | 17.73 |
| earnings yield | 0.03 | 0.04 | -25.47 |
| free cash flow yield | 0.03 | 0.04 | -15.73 |
| debt to equity | 1.87 | 1.79 | 4.74 |
| debt to assets | 0.29 | 0.32 | -7.27 |
| net debt to ebitda | 0.57 | 0.64 | -11.68 |
| current ratio | 0.87 | 0.99 | -12.22 |
| interest coverage | 0 | 29.06 | -100.00 |
| income quality | 1.26 | 1.14 | 10.69 |
| dividend yield | 0.0 | 0.01 | -21.80 |
| payout ratio | 0.16 | 0.15 | 4.92 |
| sales general and administrative to revenue | 0 | 0 | NaN |
| research and ddevelopement to revenue | 0.08 | 0.08 | 2.79 |
| intangibles to total assets | 0 | 0 | NaN |
| capex to operating cash flow | 0.08 | 0.1 | -19.42 |
| capex to revenue | 0.02 | 0.03 | -15.51 |
| capex to depreciation | 0.83 | 0.95 | -13.24 |
| stock based compensation to revenue | 0.03 | 0.03 | 5.75 |
| graham number | 22.59 | 23.39 | -3.44 |
| roic | 0.57 | 0.56 | 1.62 |
| return on tangible assets | 0.26 | 0.28 | -6.64 |
| graham net net | -12.35 | -11.43 | -8.06 |
| working capital | -23405000000 | -1742000000 | -1,243.57 |
| tangible asset value | 56950000000 | 62146000000 | -8.36 |
| net current asset value | -155043000000 | -146871000000 | -5.56 |
| invested capital | 22275000000 | 52634000000 | -57.68 |
| average receivables | 63614000000 | 60958500000 | 4.36 |
| average payables | 65785500000 | 63363000000 | 3.82 |
| average inventory | 6808500000 | 5638500000 | 20.75 |
| days sales outstanding | 61.83 | 58.08 | 6.47 |
| days payables outstanding | 119.66 | 106.72 | 12.12 |
| days of inventory on hand | 12.64 | 10.79 | 17.16 |
| receivables turnover | 5.9 | 6.28 | -6.08 |
| payables turnover | 3.05 | 3.42 | -10.81 |
| inventory turnover | 28.87 | 33.82 | -14.64 |
| roe | 1.65 | 1.56 | 5.46 |
| capex per share | 0.62 | 0.7 | -11.55 |
ROE: Return on Equity (ROE) increased to 1.65 on 2024-09-28 from 1.56 on 2023-09-30, representing a change of 5.46%. Suggesting the company has been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 37.29 on 2024-09-28 from 27.79 on 2023-09-30, representing a change of 34.17%. Indicating an increase in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.87 on 2024-09-28 from 0.99 on 2023-09-30, representing a change of -12.22%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio:
| 2024-09-28 Q4 | 2024-06-29 Q3 | Q/Q change % | |
|---|---|---|---|
| AAPL | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 6.26 | 5.6 | 11.75 |
| net income per share | 0.97 | 1.4 | -30.62 |
| operating cash flow per share | 1.77 | 1.88 | -6.19 |
| free cash flow per share | 1.58 | 1.74 | -9.63 |
| cash per share | 4.3 | 4.03 | 6.48 |
| book value per share | 3.75 | 4.35 | -13.80 |
| tangible book value per share | 3.75 | 4.35 | -13.80 |
| shareholders equity per share | 3.75 | 4.35 | -13.80 |
| interest debt per share | 7.03 | 6.61 | 6.28 |
| market cap | 3456027602100 | 3226698400000 | 7.11 |
| enterprise value | 3532713602100 | 3302437400000 | 6.97 |
| pe ratio | 58.63 | 37.61 | 55.89 |
| price to sales ratio | 36.41 | 37.62 | -3.22 |
| pocfratio | 128.9 | 111.81 | 15.28 |
| pfcf ratio | 144.59 | 120.82 | 19.67 |
| pb ratio | 60.69 | 48.37 | 25.46 |
| ptb ratio | 60.69 | 48.37 | 25.46 |
| ev to sales | 37.21 | 38.5 | -3.34 |
| enterprise value over ebitda | 108.69 | 117.1 | -7.18 |
| ev to operating cash flow | 131.76 | 114.44 | 15.14 |
| ev to free cash flow | 147.79 | 123.65 | 19.52 |
| earnings yield | 0.0 | 0.01 | -35.85 |
| free cash flow yield | 0.01 | 0.01 | -16.44 |
| debt to equity | 1.87 | 1.52 | 23.29 |
| debt to assets | 0.29 | 0.31 | -4.37 |
| net debt to ebitda | 2.36 | 2.69 | -12.15 |
| current ratio | 0.87 | 0.95 | -8.99 |
| interest coverage | 0 | 0 | NaN |
| income quality | 1.82 | 1.35 | 35.22 |
| dividend yield | 0.0 | 0.0 | -8.82 |
| payout ratio | 0.26 | 0.18 | 42.15 |
| sales general and administrative to revenue | 0 | 0 | NaN |
| research and ddevelopement to revenue | 0.08 | 0.09 | -12.36 |
| intangibles to total assets | 0 | 0 | NaN |
| capex to operating cash flow | 0.11 | 0.07 | 45.51 |
| capex to revenue | 0.03 | 0.03 | 22.16 |
| capex to depreciation | 1.0 | 0.75 | 32.36 |
| stock based compensation to revenue | 0.03 | 0.03 | -9.99 |
| graham number | 9.06 | 11.71 | -22.67 |
| roic | 0.09 | 0.13 | -29.08 |
| return on tangible assets | 0.04 | 0.06 | -37.58 |
| graham net net | -12.49 | -10.94 | -14.16 |
| working capital | -23405000000 | -6189000000 | -278.17 |
| tangible asset value | 56950000000 | 66708000000 | -14.63 |
| net current asset value | -155043000000 | -139469000000 | -11.17 |
| invested capital | 22275000000 | 38313000000 | -41.86 |
| average receivables | 54707500000 | 42161000000 | 29.76 |
| average payables | 58267000000 | 46663500000 | 24.87 |
| average inventory | 6725500000 | 6198500000 | 8.50 |
| days sales outstanding | 62.8 | 45.3 | 38.65 |
| days payables outstanding | 121.57 | 92.88 | 30.89 |
| days of inventory on hand | 12.84 | 12.04 | 6.72 |
| receivables turnover | 1.43 | 1.99 | -27.87 |
| payables turnover | 0.74 | 0.97 | -23.60 |
| inventory turnover | 7.01 | 7.48 | -6.30 |
| roe | 0.26 | 0.32 | -19.52 |
| capex per share | 0.19 | 0.14 | 36.51 |
ROE: Return on Equity (ROE) decreased to 0.26 on 2024-09-28 Q4 from 0.32 on 2024-06-29 Q3, representing a change of -19.52%. However, ROE is >= 15%, suggesting that the company has been generating high returns for its shareholders still.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 58.63 on 2024-09-28 Q4 from 37.61 on 2024-06-29 Q3, representing a change of 55.89%. Indicating an increase in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.87 on 2024-09-28 Q4 from 0.95 on 2024-06-29 Q3, representing a change of -8.99%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio:
Negative Sentiment: Discounted Cash Flow value is 150.0 which is lower than current price 229, indicates the company may be overvalued.
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Negative
Publish Date: 2024-11-21 01:25:00
The amount the U.S. tech giant has offered is 10 times higher than an initial plan to invest $10 million and will be invested over the next two years.
Sentiment: Neutral
Publish Date: 2024-11-20 19:38:06
The major averages ended Wednesday's session mixed, with the S&P 500 closing near the flatline. Here's what CNBC is watching going into Thursday.
Sentiment: Negative
Publish Date: 2024-11-20 12:49:55
Apple wants the dismissal of a case accusing it of illegally dominating the smartphone sector. The company was set to go to court asking a federal judge to throw out the U.S. Department of Justice's (DOJ) antitrust suit, Reuters reported Wednesday (Nov. 20).
Sentiment: Positive
Publish Date: 2024-11-20 10:05:47
Woo Jin Ho, Bloomberg Intelligence Senior Technology Analyst, joins Bloomberg Intelligence to discuss Super Micro and who their new auditor is. -------- Get more on The Bloomberg Intelligence Podcast On Apple: http://bit.ly/3YrBfOi On Spotify: http://bit.ly/3SPPZ8F Anywhere: http://bit.ly/43hOc0r Follow us on X: https://twitter.com/BloombergRadio Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Sentiment: Positive
Publish Date: 2024-11-20 10:01:12
Apple also rolled out security fixes for the iPhone and iPad.
Sentiment: Positive
Publish Date: 2024-11-20 09:15:43
A Wall Street analyst has reaffirmed an optimistic outlook for Apple (NASDAQ: AAPL) stock, even as the iPhone 16 cycle appears underwhelming.
Sentiment: Neutral
Publish Date: 2024-11-20 09:11:00
Warren Buffett Trims Stake in Apple Stock Once Again. Here's What Investors Need to Know
Sentiment: Neutral
Publish Date: 2024-11-20 08:24:00
Qualcomm is aiming for an additional $22 billion in annual revenue from providing chips for PCs, vehicles and the Internet of Things,
Sentiment: Positive
Publish Date: 2024-11-20 08:10:00
Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks included Blackstone Secured Lending, Goldman Sachs BDC, and Midcap Financial Investment Corporation.
Sentiment: Neutral
Publish Date: 2024-11-20 07:13:05
Apple's (NASDAQ: AAPL) senior personnel have been no strangers to massive insider trades throughout 2024, and the most recent such sale was made by the company's largest individual shareholder, Arthur D. Levinson.
Sentiment: Positive
Publish Date: 2024-11-20 06:51:54
Apple Inc (NASDAQ:AAPL, ETR:APC) faced a hefty decline in sales during China's Singles' Day, one of the world's largest shopping events, on growing competition from local rivals. According to Counterpoint Research, sales of Apple's smartphones fell by “double-digit percentages” year on year during the event between October 18 and November 10.
Sentiment: Neutral
Publish Date: 2024-11-20 06:33:14
Tech giant Apple has sent a $100 million investment proposal to Indonesia to build a plant for accessories and components, the industry ministry said on Wednesday.
Sentiment: Negative
Publish Date: 2024-11-20 06:05:59
Apple will ask a federal judge on Wednesday to dismiss the U.S. Department of Justice's case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown.
Sentiment: Neutral
Publish Date: 2024-11-20 05:30:00
Is Apple's Market Cap Going to $4 Trillion?
Sentiment: Positive
Publish Date: 2024-11-20 03:52:00
Billionaire Izzy Englander Just Sold Apple, Amazon, and Nvidia but Bought 4 Other "Magnificent Seven" Stocks
Sentiment: Positive
Publish Date: 2024-11-19 18:45:53
Apple released security updates on Tuesday that it says are “recommended for all users,” after fixing a pair of security bugs used in active cyberattacks targeting Mac users.
Sentiment: Negative
Publish Date: 2024-11-19 17:22:07
Google pays Apple at least $20 billion a year to make its search engine the default on iPhones. Those payments were at the heart of a federal antitrust case Google lost earlier this year.
Sentiment: Positive
Publish Date: 2024-11-19 10:09:57
Though some third-quarter stock market moves of ‘The Oracle of Omaha' Warren Buffett, have been known for months, and others – like Apple (NASDAQ: AAPL) and Bank of America (NYSE: BAC) stock sales – drew much attention, the latest 13-f filing provided the fullest picture to date.
Sentiment: Positive
Publish Date: 2024-11-19 04:01:43
The artificial intelligence-fueled rally has been the foremost contributor to the major market indices’ sizable gains over the past several years. And one company in particular is at the vanguard: NVIDIA Corp. (NASDAQ: NVDA). NVIDIA is the premier manufacturer of components critical to the surge in AI; namely, semiconductors, microchips, and graphics processing units (GPUs).ca As a result, the Santa Clara, Calif.-based company has seen its stock skyrocket in the recent past. Since the first day the market opened in 2023, shares have gained 871.80%, and in the decade from August 2014 to the present, they are up a preposterous 30108.51%. In June 2024, NVIDIA underwent its sixth stock split, further fueling demand for its shares as the company surged upward and is now the second largest by market cap. Despite those mind-boggling gains, analysts still expect enormous upside potential in the medium and long term. 24/7 Wall Street has performed analysis to provide prospective investors and current shareholders with an idea of where NVIDIA’s stock might be headed over the course of the next five years. Key Points in This Article: NVIDIA’s track record of strong earnings suggests an ability to remain at the forefront of its industry, as competitors fight for the leftovers. Between NVIDIA’s client list of Magnificent Seven companies and the burgeoning trend in AI, growth in both revenue and net income is projected to continue its steep climb. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. This report breaks down AI stocks with 10x potential and will give you a huge leg up on profiting from this massive sea change. NVIDIA News and Updates 11/18/2024 When installed in high-capacity server racks, Nvidia’s next-generation Blackwell data center processors overheat. This has led to the need to redesign the server racks, which in turn could potentially delay shipping for the processors. If the redesign and shipping of the processors do not occur on time, Nvidia’s major customers (Google, Microsoft, Meta, etc.) will be forced to delay their own timelines. 11/15/2024 As Nvidia prepares to release its earnings report next week, several top analysts have increased their price targets for the company. HSBC’s Frank Lee has been the most optimistic, raising his target to $200, implying a potential 36.78% upside. Susquehanna’s Christopher Rolland and Oppenheimer’s Rich Schafer also increased their targets to $180 and $175, respectively. In contrast, Raymond James’ Srini Pajjuri lowered his target to $170, although he still views any potential dip in Nvidia’s stock price as a buying opportunity. 11/14/2024 Nvidia is scheduled to report its third-quarter financial results a week from today. Analysts predict a rise of 82% year-over-year in sales to $33.04 billion and an earnings increase to 75 cents a share. The Susquehanna Financial Group raised its price target for Nvidia from 160 to 180. 11/12/2024 Nvidia’s stock price increased today following a positive analyst report from Mizuho. The firm raised its price target for the company to $165 from $140. This bullish sentiment has contributed to Nvidia’s stock price nearing recent record highs. 11/11/2024 Melius Research increased its price target for Nvidia to $185.00 (previously $165.00), with a “Buy” rating on the stock. 11/8/2024 Nvidia has officially joined the Dow Jones Industrial Average. Nvidia’s stock price has risen by about 9% this week, surpassing Apple as the world’s most valuable company. 11/7/2024 The Federal Reserve delivered a 25 basis point interest rate cut today, bringing its benchmark rate down to a range of 4.5% to 4.75%. The market reacted positively to the news, with shares of Nvidia hitting new all-time highs. 11/6/2024 Several stocks surged on Wall Street today following the U.S. presidential election. Nvidia hit a record high, solidifying its position as the world’s most valuable company with a market capitalization of $3.58 trillion. 11/5/2024 Nvidia has claimed its position as the world’s most valuable publicly traded company, surpassing Apple. This surge in valuation is the result of an unprecedented demand for the company’s high-performance graphics processing units (GPUs), which are essential for powering artificial intelligence and machine learning applications. 11/4/2024 Nvidia will be added to the Dow Jones Industrial Average, replacing Dow Inc. (DOW), effective before the market opens on November 8th. NVIDIA’s Recent Stock Success Unless you have been living under a rock, chances are you have caught wind of the very well-documented and rather exponential surge in NVIDIA’s share price since 2022. But before 2022’s price-per-share explosion, it was steadily appreciating as it underwent a series of stock splits. Year Share Price* Revenue** Net Income** 2014 $0.51 $4.130 $0.588 2015 $0.82 $4.681 $0.800 2016 $2.67 $5.010 $0.929 2017 $4.88 $6.910 $1.851 2018 $3.24 $9.714 $3.085 2019 $5.98 $11.716 $4.143 2020 $13.06 $10.918 $3.580 2021 $29.64 $16.675 $6.277 2022 $14.61 $26.914 $11.259 2023 $49.52 $26.974 $8.366 *Post-split adjusted basis **Revenue and net income in $billions Over the course of the last decade, NVIDIA’s revenue grew by more than 553% while its net income increased by just over 1,323%. The company experienced a slight contraction in revenue and net income in 2020 due to the COVID-19 pandemic, but it rebounded soundly the following year and has continued to steadily grow both metrics since. Meanwhile, shares were able to increase by 9,610% from 2014 to 2023. As the AI lynchpin looks forward to the second half of the decade, 24/7 Wall Street has identified three key drivers that are likely to impact its growth metrics and stock performance through 2030. Key Drivers of NVIDIA’s Stock Performance Stronghold on the GPU Industry: No one makes GPUs like Nvidia makes GPUs, and the industry demanding them is well aware of that. While semiconductor competitors like Advanced Micro Devices Inc. (NASDAQ: AMD) and Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM) do command some attention in their respective corners of the market, simply comparing the three companies’ market caps demonstrates the discrepancies between NVIDIA and, well, every other company. While Advanced Micro Devices and Taiwan Semiconductor Manufacturing have respectable market caps of $226.36 billion and $826.62 billion, respectively, those are dwarfed by NVIDIA’s $3.45 trillion. Demand From Unrivaled Tech Customers: The company’s primary clientele are the other members of the Magnificent Seven, which are leading the way forward in the AI revolution. In fact, only four Big Tech rival companies — Alphabet Inc. (NASDAQ: GOOGL), Amazon.com Inc. (NASDAQ: AMZN), Meta Platforms Inc. (NASDAQ: META), and Microsoft Corp. (NASDAQ: MSFT) — account for 40% of NVIDIA’s revenue as they vie with one another to become the front runner of the transition to generative AI. The AI Trend Is Just Getting Started: According to Grand View Research, the market size of AI in 2023 was $196.63 billion. As large as that seems, it pales in comparison to where the market is headed. From 2024 to 2030, it is expected that the industry will grow at an astounding compound annual growth rate (CAGR) of 36.6%, with “continuous research and innovation directed by tech giants [that] are driving adoption of advanced technologies in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing,” according to Grand View Research’s report. NVIDIA (NVDA) Price Prediction in 2025 The current consensus median one-year price target for NVIDIA, according to analysts, is $150.00, which represents a nearly 5.65% potential upside over the next 12 months based on the current share price of $141.98. Of all the analysts covering NVIDIA, the stock is a consensus buy, with a 1.3 ‘Buy’ rating on a scale from 1 (‘Strong Buy’) to 5 (‘Strong Sell’). However, by the end of 2025, 24/7 Wall Street‘s forecast projects shares of NVIDIA to be trading for $137.50 based on a projected EPS of $2.75 and a price-to-earnings (P/E) ratio of 50, with a best-case scenario of $192.50 per share and a worst-case scenario of $82.50 per share. NVIDIA (NVDA) Stock Forecast Through 2030 Year Revenue* Net Income* EPS 2025 $121.255 $68.392 $2.75 2026 $168.151 $95.246 $3.83 2027 $193.852 $108.182 $4.44 2028 $225.462 $130.155 $5.28 2029 $236.498 $152.001 $6.16 2030 $265.522 $175.412 $7.24 *Revenue and net income in $billions How NVIDIA’s Next Five Years Could Play Out At the end of 2025, we expect to see revenue, net income and EPS rise 99%, 111.66% and 111.54%, respectively. That would result in a share price of $137.50, or -3.16% higher than where the stock is currently trading. Our high-end price target is $192.50, while our low-end price target is $82.50. When 2026 concludes, we forecast NVIDIA’s revenue to be $168.151 billion resulting in a net income of $95.246 billion. That year would end with a per-share price of $191.50, representing a gain of 34.88% compared to its share price today. Our high-end price target is $268.10, while our low-end price target is $114.90. When 2027 concludes, we forecast NVIDIA’s revenue to be $193.85 billion resulting in a net income of $108.182 billion. That year would end with a per-share price of $222.00, representing a gain of 56.36% compared to its share price today. Our high-end price target is $310.80, while our low-end price target is $133.20. When 2028 concludes, we forecast NVIDIA’s revenue to be $225.462 billion resulting in a net income of $130.155 billion. That year would end with a per-share price of $264.00, representing a gain of 85.94% compared to its share price today. Our high-end price target is $369.60, while our low-end price target is $158.40. When 2029 concludes, we forecast NVIDIA’s revenue to be $236.498 billion resulting in a net income of $152.001 billion. That year would end with a per-share price of $308.00, representing a gain of 116.93% compared to its share price today. Our high-end price target is $431.20, while our low-end price target is $184.40. NVIDIA Stocks Price Target for 2030 By the conclusion of 2030, 24/7 Wall Street estimates that NVIDIA’s stock will be trading for $362.00, good for a 154.97% increase over today’s share price, based on an EPS of $7.24 and a P/E ratio of 50. Our high-end price target is $506.80 based on an EPS of $7.24 and a P/E ratio of 70. Meanwhile, our low-end price target is $217.20 based on an EPS of $7.24 and a P/E ratio of 30. Year Price Target % Change From Current Price 2025 $137.50 -3.16% 2026 $191.50 34.88% 2027 $222.00 56.36% 2028 $264.00 85.94% 2029 $308.00 116.93 2030 $362.00 154.97% Want to Retire Early? Start Here (Sponsor) Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances? Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free. Click here to match with up to 3 financial pros who would be excited to help you make financial decisions. The post NVIDIA (NVDA) Price Prediction and Forecast appeared first on 24/7 Wall St..
Sentiment: Positive
Publish Date: 2024-11-19 04:01:43
The explosive demand for semiconductors and microchips has grabbed news headlines and led the market higher over the past few years. As the drive towards integrating artificial intelligence (AI) into our everyday lives progresses, there are a handful of mega-cap companies that are capable of meeting that demand. And as much NVIDIA Corp. (NASDAQ: NVDA) may get the lion’s share of attention, it is companies like Broadcom Inc. (NASDAQ: AVGO) that will also be playing a central role in supply. The San Jose, Calif.-based company, which was founded in 1961, has been a major player in the tech space for decades. But its business sectors focusing on semiconductors and infrastructure software products have been major catalysts in its market cap pushing toward $1 trillion market capitalization — good for a top 15 among all publicly traded companies. Despite shares of Broadcom gaining over 633.41% in the past five years and 41.18% in 2024, 24/7 Wall Street has performed an analysis that suggests there is still a big-time upside for Broadcom before the end of the decade. Here is where prospective investors and current shareholders might expect the stock to be over the course of the next five years. Key Points in This Article: Broadcom’s history of stellar earnings and strong revenue generation suggests the ability of the company to remain one of the most appealing semiconductor and software stocks. With the burgeoning AI trend and a recent stock split, Broadcom is increasingly appealing and more accessible to investors. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. This report breaks down AI stocks with 10x potential and will give you a huge leg up on profiting from this massive sea change. Recent Broadcom News and Updates 11/18/2024 Broadcom experienced a small decline of 0.1% today, trading as low as $162.22. Trading volume was also much lower than average, with only 2,960,294 shares changing hands, a 90% decrease from the usual daily volume. Broadcom’s Recent Stock Success Broadcom’s incredible growth has been reflected in the price of its shares, which have surged since 2014 to the tune of a 3,170% gain. This culminated on July 15, 2024, when the company announced a 10-for-1 stock split that made its shares more accessible to all investors by driving the stock’s price down to $167 at the time. Beyond its role in AI and semiconductors, Broadcom is also a major supplier for Apple Inc. (NASDAQ: AAPL), providing the Magnificent Seven mainstay with critical wireless connectivity components and other hardware. According to the company, Broadcom expects 20% growth in wireless revenue just in the final quarter of 2024. Between its semiconductor, software and smartphone business segments, the stock has experienced sizable growth in the recent past: INSERT TABLE HERE Year Share Price* Revenue** Net Income** 2014 $10.06 $4.244 $1.343 2015 $14.63 $6.897 $2.613 2016 $18.19 $13.269 $4.672 2017 $25.69 $17.656 $7.255 2018 $25.36 $20.805 $9.391 2019 $31.65 $22.548 $9.452 2020 $43.79 $23.858 $9.993 2021 $66.48 $27.403 $12.578 2022 $55.24 $33.169 $16.526 2023 $111.63 $35.798 $18.378 *Post-split adjusted basis , **Revenue and net income in $billions Over the course of the last decade, Broadcom’s revenue grew by more than 743% while its net income increased by over 1,268%. Despite a slight contraction in share price in 2022 during an extended bull market that had an outsized impact on the tech sector, on a post-split adjusted basis, shares of Broadcom have climbed 1,009.64% from 2014 through 2023. As the Silicon Valley mainstay looks towards the second half of the decade, 24/7 Wall Street has identified three key drivers that are likely to positively impact Broadcom’s growth metrics and stock performance through 2030. Key Drivers of Broadcom’s Stock Performance 1. Exceptional Track Record of Earnings and Revenue Beats: Going back to the first quarter of 2015, Broadcom has beaten earnings in every single quarter except one. That is one earnings miss over the course of 39 quarters. Expectations are that the company will continue to beat on earnings and revenue, with a forecast earnings per share (EPS) of $1.39 for the last quarter of 2024. In the third quarter of 2024, the company posted an impressive 17.65% year-over-year EPS gain, which year-over-year total revenue grew from $8.88 billion in July 2023 to $13.07 billion in July 2024 — an increase of 47.18%. 2. Filling the Gap NVIDIA Cannot Satisfy: For investors concerned about NVIDIA’s possible overvaluation or the company’s inability to single-handedly satisfy the explosive AI-driven semiconductor demand, Broadcom is an alternative that at current prices could be considered a bargain. In September, Barchart.com reported that the “stock looks deeply undervalued … based on its strong revenue, free cash flow, FCF margin, management guidance and analysts’ price targets.” Specifically, that free cash flow has grown markedly between FY 2019 to FY 2023, from $9.27 billion to $17.63 billion good for an increase of over 90%. As demand for semiconductors and microchips continues to grow, Broadcom has an abundance of cash ready to be deployed in order to match that growth. 3. Institutional Ownership: Broadcom is beloved by institutional investors, of which there are 3,382. Of the company’s 4.671 billion shares outstanding, a staggering 3.537 billion of them are held by institutional investors, according to Nasdaq.com. That accounts for 75.74% of the company’s entire stock. The top three largest holders are Vanguard Group with 448 million shares followed by BlackRock at 342 million and Capital World Investors with 224 million shares. Together, those three positions account for $175.432 million in share value. And in the past year, 1,760 institutional investors increased their positions. Broadcom (AVGO) Price Prediction in 2025 The current consensus median one-year price target for Broadcom is $195, representing a potential upside of 17.73% over the next 12 months. Of all the analysts covering Broadcom, the stock is a consensus buy, with a 1.43 ‘Buy’ rating on a scale from 1 (‘Strong Buy’) to 5 (‘Strong Sell’). By the end of 2025, 24/7 Wall Street‘s forecast for AVGO shares is $204.27, representing a 23.33% potential upside based on an EPS of $6.19 and a PE ratio of 33. Broadcom (AVGO) Stock Forecast Through 2030 Year Revenue* EPS 2025 $60.492 $6.19 2026 $67.906 $7.29 2027 $75.850 $8.82 2028 $85.222 $11.94 2029 $84.920 $14.93 2030 $86.618 $18.66 *Revenue and net income in $billions How Broadcom’s Next Five Years Could Play Out At the end of 2025, we forecast Broadcom’s stock to be trading for $204.27 based on revenue of $60.492 billion, a net income of $34.224 billion, and an EPS of $6.19. The following year, we estimate earnings per share of $7.29 on over $67 billion in revenue. Starting in 2027 through 2029, we expect a 13% growth in revenue and a 40% jump in earnings per share, bringing Broadcom’s price target from $238.14 in 2027 to $373.13 in 2029. Broadcom’s Price Target for 2030 By the conclusion of 2030, 24/7 Wall Street estimates Broadcom’s stock will trade at $429.09, representing a 159.07% increase from its current price, based on revenue of $86.618 billion and an EPS of $18.66. Year Price Target 2025 $204.27 2026 $196.83 2027 $238.14 2028 $322.38 2029 $373.13 2030 $429.09 Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored) Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today. Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month. Click here now to get started. The post Broadcom (AVGO) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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