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GOOGL   136.97 (-0.17%)
AMZN   147.27 (+0.16%)
TSLA   249.56 (+1.15%)
NVDA   482.45 (+0.89%)
NIO   7.32 (+1.53%)
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AMD   124.43 (+1.98%)
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GOOGL   136.97 (-0.17%)
AMZN   147.27 (+0.16%)
TSLA   249.56 (+1.15%)
NVDA   482.45 (+0.89%)
NIO   7.32 (+1.53%)
BABA   75.29 (-1.89%)
AMD   124.43 (+1.98%)
T   16.20 (+0.12%)
F   10.76 (+3.76%)
MU   78.01 (+2.48%)
CGC   0.55 (+1.72%)
GE   119.09 (+0.20%)
DIS   91.93 (-0.62%)
AMC   7.13 (+6.42%)
PFE   30.14 (+1.52%)
PYPL   59.17 (+1.20%)
XOM   103.95 (+0.05%)

Alphabet Stock Price, News & Analysis (NASDAQ:GOOGL)

$136.97
-0.23 (-0.17%)
(As of 10:09 AM ET)
Compare
Today's Range
$136.91
$138.29
50-Day Range
$122.17
$140.55
52-Week Range
$84.86
$141.22
Volume
3.64 million shs
Average Volume
32.76 million shs
Market Capitalization
$1.71 trillion
P/E Ratio
26.29
Dividend Yield
N/A
Price Target
$147.12

Alphabet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
6.7% Upside
$147.12 Price Target
Short Interest
Healthy
0.37% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.64mentions of Alphabet in the last 14 days
Based on 31 Articles This Week
Insider Trading
Selling Shares
$23.40 M Sold Last Quarter
Proj. Earnings Growth
15.83%
From $5.75 to $6.66 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Computer And Technology Sector

285th out of 597 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

27th out of 58 stocks


GOOGL stock logo

About Alphabet Stock (NASDAQ:GOOGL)

Alphabet Inc. is the parent company of a host of technology services that include the iconic Google search engine and all the associated apps that go with it. The company is the G in the FAANG stock acronym and a blue-chip operator of Internet infrastructure. The company was founded on September 4 1998 by Larry Page and Sergey Brin while the two were Ph.D. students at Stanford.

The original product was a tool for searching the rapidly growing Internet that revolutionized the budding Search Engine industry. Since its founding, Google has become the world’s premier and leading search engine commanding an estimated 86% of the search market in 2021. The company abruptly changed its name and operating structure in 2015 making it a parent company with Google a subsidiary. This provided some protection against anti-trust lawsuits, improved accounting, and allowed the company to expand into areas outside of search.

Alphabet provides various products and platforms globally, where it is permitted, and operates in three broad segments. The three operating segments are Google Services, Google Cloud, and Other Bets. The company is headquartered in Mountain View, California, and is located within a sprawling complex of modernized and new buildings called the Googleplex. The Googleplex is prominently located within the San Francisco Bay Area and is the company’s largest complex. Employees working in the Googleplex are afforded free transportation on the company’s shuttle bus system as well as other ground-breaking perks.

The Google Services segment is the core of the business. Google Services is built around the Google Search Engine and offers products and services to both businesses and consumers. Among the many revenue streams are search-related ad sales, Android operating system for mobile devices, Chrome web browser, assorted hardware, Gmail email accounts, Google Drive cloud-based office suite, Google Maps mapping, geolocation, and GPS tools as well as Google Photos, Google Play, and YouTube which it leverages in a variety of ways. Other revenue streams include apps and in-app sales via the Google Play store, the sale of Fitbit devices, and Google Nest smart-home products.

The Google Cloud segment is the less visible of the two major operating segments but is no less important to the infrastructure of the Internet or the company’s bottom line. The Google Cloud segment offers cloud-based infrastructure, operating platforms, and other services for business as well as a suite of cloud-based products of its own. The Google Workspace includes project management and collaboration tools such as Docs, Drive, Calendar, and Meet. Google cloud services account for roughly 9% of the global cloud market share making it the 3rd largest operator.

The Other Bets segment is Alphabet’s venture capital arm and it invests in technologies of all kinds and at all stages of development. Some of the projects under the Other Bets umbrella include Waymo and Verily. Waymo was formerly known as Google’s self-driving car project and is focused on self-driving vehicles and related technologies. Verily is focused on the healthcare sector and aims to help detect, prevent, and manage diseases.

 

GOOGL Stock Price History

GOOGL Stock News Headlines

This internet stock is a must-have for your portfolio for 2024 (GOOGL)
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[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
2 low priced AdTech stocks to ride the advertising rebound (GOOGL)
The growth of CTV devices and ad-supported streaming networks is a tailwind for these two SSP stocks that are priced cheap and didn't lower their guidance
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Dell's recent climb, sparked by AI initiatives, signals a strategic shift amid PC market struggles. Despite earnings dip, Q3 guidance topped analysts' views.
S&P 500's Whirlwind: Big gains, warning whispers & tactical moves (GOOGL)
The S&P 500's bullish momentum fueled by techs faces headwinds with revenue setbacks, the EV market cooling, and cautionary signals for investors to monitor.
AI powerhouse: Nvidia's stock surge signals strong momentum (GOOGL)
Nvidia cleared a double bottom base with upside momentum. It reports quarterly results on November 21; analysts expect triple-digit EPS growth this year.
Can new GPT store spur generative AI monetization? (GOOGL)
OpenAI, partly owned by Microsoft, rolled out its GPT store for AI app creation with no coding skills. OpenAI said creators could earn money from their content.
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
Is Etsy crafting support to end its five-month bearish trend? (GOOGL)
Despite Etsy's first earnings growth since 2021, the company faces challenges such as competitive pressures, weak guidance, and the stock's inherent volatility
Analyzing the S&P 500 index, NASDAQ and the Russell 2000 charts (GOOGL)
The U.S. stock market benchmark indexes have declined since peaking in the summer months of July and August 2023. Interest rate hikes
Investing in large cap stocks: Diving into big caps (GOOGL)
Large-cap, or big-cap companies, have a market capitalization value of more than $10 billion. Learn more about how to invest in large-cap stocks.
Better Tech Stock: Alphabet vs. Apple
Alphabet (GOOGL) Announces New Updates for Google Messages
See More Headlines
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Company Calendar

Last Earnings
10/24/2023
Today
11/28/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/01/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:GOOGL
Employees
190,234
Year Founded
2015

Price Target and Rating

Average Stock Price Target
$147.12
High Stock Price Target
$180.00
Low Stock Price Target
$118.00
Potential Upside/Downside
+7.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
34 Analysts

Profitability

Net Income
$59.97 billion
Pretax Margin
26.40%

Debt

Sales & Book Value

Annual Sales
$282.84 billion
Cash Flow
$5.95 per share
Book Value
$20.00 per share

Miscellaneous

Outstanding Shares
12,516,000,000
Free Float
12,405,859,000
Market Cap
$1.72 trillion
Optionable
Optionable
Beta
1.05

Social Links

12 Stocks Corporate Insiders are Abandoning Cover

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Should I Buy Alphabet Stock? GOOGL Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Alphabet was last updated on Thursday, November 16, 2023 at 12:00 AM.

Pros

Here are some ways that investors could benefit from investing in Google:

  • Alphabet Inc. offers various products and platforms globally, providing investors with a diverse range of investment opportunities.
  • Google has a strong presence in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America, allowing for potential growth in multiple markets.
  • Google's advertising business, which generates a significant portion of its revenue, continues to thrive and has the potential for further expansion.
  • With its focus on innovation, Google constantly introduces new products and services, keeping investors engaged and offering potential for future growth.
  • Google's Other Bets segment explores various industries, including health technology and internet services, providing investors with exposure to emerging sectors.

Cons

Investors should be bearish about investing in Google for these reasons:

  • Investing in Google carries the risk of market volatility and fluctuations in stock prices, which can impact investment returns.














GOOGL Stock Analysis - Frequently Asked Questions

Should I buy or sell Alphabet stock right now?

34 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 5 hold ratings, 28 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GOOGL shares.
View GOOGL analyst ratings
or view top-rated stocks.

What is Alphabet's stock price target for 2024?

34 brokerages have issued twelve-month target prices for Alphabet's stock. Their GOOGL share price targets range from $118.00 to $180.00. On average, they predict the company's stock price to reach $147.12 in the next year. This suggests a possible upside of 6.7% from the stock's current price.
View analysts price targets for GOOGL
or view top-rated stocks among Wall Street analysts.

How have GOOGL shares performed in 2023?

Alphabet's stock was trading at $88.23 on January 1st, 2023. Since then, GOOGL shares have increased by 56.3% and is now trading at $137.92.
View the best growth stocks for 2023 here
.

Are investors shorting Alphabet?

Alphabet saw a increase in short interest in November. As of November 15th, there was short interest totaling 45,750,000 shares, an increase of 11.7% from the October 31st total of 40,940,000 shares. Based on an average daily trading volume, of 27,090,000 shares, the days-to-cover ratio is presently 1.7 days.
View Alphabet's Short Interest
.

When is Alphabet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our GOOGL earnings forecast
.

How were Alphabet's earnings last quarter?

Alphabet Inc. (NASDAQ:GOOGL) announced its quarterly earnings data on Tuesday, October, 24th. The information services provider reported $1.55 EPS for the quarter, topping analysts' consensus estimates of $1.45 by $0.10. The information services provider earned $64.05 billion during the quarter, compared to analysts' expectations of $63.13 billion. Alphabet had a net margin of 22.46% and a trailing twelve-month return on equity of 25.24%.

When did Alphabet's stock split?

Alphabet shares split on the morning of Monday, July 18th 2022. The 20-1 split was announced on Tuesday, February 1st 2022. The newly created shares were distributed to shareholders after the market closes on Friday, July 15th 2022. An investor that had 100 shares of stock prior to the split would have 2,000 shares after the split.

Who are Alphabet's major shareholders?

Alphabet's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (1.82%), Morgan Stanley (0.89%), Northern Trust Corp (0.54%), Massachusetts Financial Services Co. MA (0.44%), Invesco Ltd. (0.38%) and Legal & General Group Plc (0.32%). Insiders that own company stock include 2016 Gp LLC Gv, 2017 Gp LLC Gv, 2019 Gp LLC Gv, 2021 Gp LLC Gv, Amie Thuener O'toole, Ann Mather, Brin Sergey, Frances Arnold, John Kent Walker, John L Hennessy, Kavitark Ram Shriram, Lawrence Page, Philipp Schindler and Prabhakar Raghavan.
View institutional ownership trends
.

How do I buy shares of Alphabet?

Shares of GOOGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:GOOGL) was last updated on 11/29/2023 by MarketBeat.com Staff

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