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)在其人工智能半導體領域和威睿業務的強勁勢頭下表現良好。
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.
週四該公司發佈的第三季度盈利和營收均超出預期。每股收益爲1.24美元,較預期高出3.33%。報告顯示,130.7億美元的營收較預期多出0.86%。儘管盈利超出預期,但博通股票自報告發布以來一直在下跌。週五盤前交易中,該股下跌了多達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.
摩根大通分析師哈蘭·瑟爾對博通股票的目標價調高至2025年12月210美元,表明對公司持續增長軌跡的信心。
Broadcom's AI Revenue Explosion, Strong Guidance
博通的人工智能營收激增,出色的業績指引。
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.
博通的人工智能半導體業務繼續取得卓越的業績,7月季度環比增長3%至4%。在10月季度,有望加速增長10%。瑟爾現在預計,2024財年的人工智能營收將超過120億美元,大幅增加至之前的預估110億美元。
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.
根據摩根大通的分析,博通的人工智能業務,包括定製ASIC和網絡解決方案,預計在未來四到五年內將實現30%~40%的複合年增長率。
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.
與此同時,博通的非人工智能半導體業務也表現出強勁勢頭,預計在即將到來的季度實現10%的環比增長。
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,來自谷歌的母公司Alphabet Inc(NASDAQ: GOOG)(NASDAQ: GOOGL)和Meta Platforms Inc(NASDAQ: META)對人工智能網絡產品和3納米人工智能ASIC的需求,爲博通在2025財年進一步增長奠定了基礎。
Read Also: Broadcom, ABM Industries And 3 Stocks To Watch Heading Into Friday
閱讀更多:博通、反導工業和3支週五值得關注的股票
VMware Boost, Cyclical Recovery
威睿提振,週期性復甦
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.
威睿的收購持續大獲成功,幫助博通下一季度預測增長25%以上。威睿對製造行業軟件營收的貢獻在第三季度大漲41%,協助博通總營業收入攀升至130.7億美元,超過127億美元的共識預期。
Sur highlighted VMware's strong software renewal rates and upsell opportunities, with revenue potentially reaching $4.5-$5 billion per quarter by 2025.
Sur強調威睿強勁的軟件續費率和升級機會,營收有望在2025年達到每季度45億至50億美元。
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.
傳統網絡和服務器存儲的週期性復甦進一步助長了看好的情況。博通的非人工智能半導體訂貨同比增長20%,表明未來6至12個月內將持續復甦。
Broadcom's Future Looks Bright
博通的未來看好
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.
投資者很可能會看到持續的上升,Sur預測在2025財年每股7.00美元的估值倍數達到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.
憑藉強勁的人工智能增長、強勁的威睿勢頭以及傳統半導體行業的良好復甦,博通有望充分利用其多元化的投資組合,仍然是摩根大通在半導體領域的「首選股票」.
AVGO Price Action: Broadcom stock was trading down 9.02% at $139.03 Friday at publication.
AVGO價格走勢:博通股票週五發表時交易下跌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
- 博通第三季度營收超預期,每股收益亦超預期,人工智能解決方案和威睿持續強勁,2024年人工智能展望等等。
Photo: Shutterstock
Photo: shutterstock