Equity research - broadcom inc: creating value through strategic acquisitions

Abstract

This thesis aims to provide a one-year price target for the stock of Broadcom Corporation, through a concise equity research report. Initially, a brief company overview outlines Broadcom's corporate structure and business strategy. Thereafter, the competitive landscape within the semiconductor and infrastructure software industry is examined to contextualize Broadcom's market position. It is then followed by an historical analysis of Broadcom’s financial statements, which serves as the foundation for the valuation. The report is concluded with the valuation, using the DCF model and a multiples analysis, and the investment recommendations.