Broadcom Analysts Lifts AI Revenue Forecast To $12B On Potential Strong Demand From Google, Meta
Broadcom Analysts Lifts AI Revenue Forecast To $12B On Potential Strong Demand From Google, Meta
Broadcom Inc. (NASDAQ:AVGO) is riding high on the wave of strong momentum in its AI semiconductor segment and VMware business.
博通公司(NASDAQ: AVGO)在其人工智能半导体领域和威睿业务的强劲势头下表现良好。
The company reported an earnings and revenue beat for the third quarter on Thursday. Earnings per share of $1.24 beat estimates by 3.33%. Reported revenue at $13.07 billion delivered a 0.86% surprise on estimates. Despite the earnings beat, Broadcom shares have been trading lower since the report came out. The stock dipped as much as 9.4% in premarket trading on Friday.
周四该公司发布的第三季度盈利和营收均超出预期。每股收益为1.24美元,较预期高出3.33%。报告显示,130.7亿美元的营收较预期多出0.86%。尽管盈利超出预期,但博通股票自报告发布以来一直在下跌。周五盘前交易中,该股下跌了多达9.4%。
With a bullish outlook, JPMorgan analyst Harlan Sur has raised Broadcom stock's price target to $210 by December 2025, reflecting confidence in the company's continued growth trajectory.
摩根大通分析师哈兰·瑟尔对博通股票的目标价调高至2025年12月210美元,表明对公司持续增长轨迹的信心。
Broadcom's AI Revenue Explosion, Strong Guidance
博通的人工智能营收激增,出色的业绩指引。
Broadcom's AI semiconductor segment continues to deliver impressive numbers, posting 3%-4% quarter-over-quarter growth in the July quarter. There's also potential to accelerate by 10% in the October quarter. Sur now projects AI revenues for FY24 to top $12 billion, a significant increase from the previous estimate of $11 billion.
博通的人工智能半导体业务继续取得卓越的业绩,7月季度环比增长3%至4%。在10月季度,有望加速增长10%。瑟尔现在预计,2024财年的人工智能营收将超过120亿美元,大幅增加至之前的预估110亿美元。
According to JPMorgan's analysis, Broadcom's AI business, which includes custom ASICs and networking solutions, is expected to see a compound annual growth rate of 30%-40% over the next four to five years.
根据摩根大通的分析,博通的人工智能业务,包括定制ASIC和网络解决方案,预计在未来四到五年内将实现30%~40%的复合年增长率。
This AI-driven surge is coupled with strength in Broadcom's non-AI semiconductor business, which is projected to grow 10% Q/Q in the upcoming quarter.
与此同时,博通的非人工智能半导体业务也表现出强劲势头,预计在即将到来的季度实现10%的环比增长。
Additionally, demand from major clients like Google's parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms Inc (NASDAQ:META) for AI networking products and 3nm AI ASICs, positions Broadcom for further growth in FY25.
此外,来自谷歌的母公司Alphabet Inc(NASDAQ: GOOG)(NASDAQ: GOOGL)和Meta Platforms Inc(NASDAQ: META)对人工智能网络产品和3纳米人工智能ASIC的需求,为博通在2025财年进一步增长奠定了基础。
Read Also: Broadcom, ABM Industries And 3 Stocks To Watch Heading Into Friday
阅读更多:博通、反导工业和3支周五值得关注的股票
VMware Boost, Cyclical Recovery
威睿提振,周期性复苏
VMware's acquisition continues to pay off handsomely for Broadcom, with a 25%+ Q/Q growth forecast in the upcoming quarter. VMware's contribution to infrastructure software revenue surged 41% in the third quarter, helping Broadcom's total revenue climb to $13.07 billion, beating consensus estimates of $12.7 billion.
威睿的收购持续大获成功,帮助博通下一季度预测增长25%以上。威睿对制造行业软件营收的贡献在第三季度大涨41%,协助博通总营业收入攀升至130.7亿美元,超过127亿美元的共识预期。
Sur highlighted VMware's strong software renewal rates and upsell opportunities, with revenue potentially reaching $4.5-$5 billion per quarter by 2025.
Sur强调威睿强劲的软件续费率和升级机会,营收有望在2025年达到每季度45亿至50亿美元。
The cyclical recovery in traditional networking and server storage further adds to the bullish case. Broadcom is seeing a 20% year-over-year increase in non-AI semiconductor bookings, suggesting a sustained recovery in the next six to 12 months.
传统网络和服务器存储的周期性复苏进一步助长了看好的情况。博通的非人工智能半导体订货同比增长20%,表明未来6至12个月内将持续复苏。
Broadcom's Future Looks Bright
博通的未来看好
Investors are likely to see continued upside, with Sur projecting a 30x price-to-earnings multiple applied to an estimated $7.00 dollars per share for FY25.
投资者很可能会看到持续的上升,Sur预测在2025财年每股7.00美元的估值倍数达到30倍。
With strong AI growth, robust VMware momentum, and a solid recovery in traditional semiconductor sectors, Broadcom is well-positioned to capitalize on its diversified portfolio. The stock remains a "top pick in semiconductors" for JPMorgan.
凭借强劲的人工智能增长、强劲的威睿势头以及传统半导体行业的良好复苏,博通有望充分利用其多元化的投资组合,仍然是摩根大通在半导体领域的“首选股票”.
AVGO Price Action: Broadcom stock was trading down 9.02% at $139.03 Friday at publication.
AVGO价格走势:博通股票周五发表时交易下跌9.02%至139.03美元。
- Broadcom Q3 Earnings: Revenue Beat, EPS Beat, Continued Strength In AI Solutions And VMware, 2024 AI Guidance And More
- 博通第三季度营收超预期,每股收益亦超预期,人工智能解决方案和威睿持续强劲,2024年人工智能展望等等。
Photo: Shutterstock
Photo: shutterstock