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NVDA   476.39 (+2.24%)
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META   331.72 (+1.57%)
GOOGL   134.98 (-1.42%)
AMZN   147.50 (+0.42%)
TSLA   243.91 (+0.52%)
NVDA   476.39 (+2.24%)
NIO   7.42 (-0.93%)
BABA   72.21 (-0.17%)
AMD   128.77 (+0.31%)
T   16.84 (-1.46%)
F   11.03 (+1.94%)
MU   75.16 (+2.05%)
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GE   120.35 (+0.73%)
DIS   92.72 (+0.40%)
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MSFT   373.58 (+0.71%)
META   331.72 (+1.57%)
GOOGL   134.98 (-1.42%)
AMZN   147.50 (+0.42%)
TSLA   243.91 (+0.52%)
NVDA   476.39 (+2.24%)
NIO   7.42 (-0.93%)
BABA   72.21 (-0.17%)
AMD   128.77 (+0.31%)
T   16.84 (-1.46%)
F   11.03 (+1.94%)
MU   75.16 (+2.05%)
CGC   0.79 (+9.50%)
GE   120.35 (+0.73%)
DIS   92.72 (+0.40%)
AMC   6.95 (+1.91%)
PFE   28.85 (+0.77%)
PYPL   58.94 (+0.79%)
XOM   99.35 (+0.94%)

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

$134.98
-1.95 (-1.42%)
(As of 02:34 PM ET)
Compare
Today's Range
$134.02
$136.40
50-Day Range
$122.17
$140.55
52-Week Range
$84.86
$141.22
Volume
22.28 million shs
Average Volume
32.88 million shs
Market Capitalization
$1.69 trillion
P/E Ratio
25.91
Dividend Yield
N/A
Price Target
$147.53

Alphabet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
9.3% Upside
$147.53 Price Target
Short Interest
Healthy
0.37% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.65mentions of Alphabet in the last 14 days
Based on 47 Articles This Week
Insider Trading
Selling Shares
$17.09 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.

2.22 out of 5 stars

Computer And Technology Sector

292nd out of 592 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

20th out of 42 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

Generative AI boosts UiPath; analysts see triple-digit EPS growth (GOOGL)
Workforce automation specialist UiPath jumped 16% as revenue grew by 24% and earnings grew 140%. Wall Street is eyeing triple-digit earnings growth this year.
Is Vimeo worth another look as it turns profitable? (GOOGL)
The name Vimeo Inc. (NASDAQ: VMEO) may sound familiar to many. You may recall social media videos, training videos and music videos with the Vimeo watermark
Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
What is dividend harvesting?
Dividend harvesting strategies involve buying shares in companies just before they pay their dividends, then selling them. Learn more about dividend harvesting.
Investing in quantum computing: A guide  (GOOGL)
Investing in quantum computing may be a smart investment for your portfolio. Learn more about how to invest and some companies to consider.
Why do tech stocks go down when interest rates rise? (GOOGL)
Why do tech stocks go down when interest rates rise? We’ll look at the relationship between both and what might happen during a recession.
Pure Storage stock fumbles for a rare buying opportunity (GOOGL)
Enterprise flash data storage solutions provider Pure Storage Inc. (NYSE: PSTG) stock took a rare sell-off when it guided down its Q4 2023 revenue guidance
Behind the tech boom: Big price leaders selectively laying off (GOOGL)
Microsoft, Amazon and Alphabet are strategically laying off workers, responding to higher interest rates and refocusing on transformative AI technologies.
Recent Reports Are A Wake-Up Call For Investors
As the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.
This internet stock is a must-have for your portfolio for 2024 (GOOGL)
If you fear that internet stocks may be overextended today, then fear no more. Baidu stands head and shoulders above the group, a clear target.
The Trade Desk train returns to the station (GOOGL)
Programmatic AdTech platform provider The Trade Desk saw its shares plunge 30% after reporting a strong Q3 earnings report followed by soft Q4 guidance
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
Trending tickers: Google | Anglo American | Walgreens | Ocado
Investors love Google's answer to ChatGPT
US STOCKS-Alphabet and AMD fuel AI rally on Nasdaq
Digital advertising is still far too murky
See More Headlines
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Company Calendar

Last Earnings
10/24/2023
Today
12/08/2023
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
$147.53
High Stock Price Target
$180.00
Low Stock Price Target
$118.00
Potential Upside/Downside
+9.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
33 Analysts

Profitability

Net Income
$59.97 billion
Pretax Margin
26.40%

Debt

Sales & Book Value

Annual Sales
$297.13 billion
Cash Flow
$6.07 per share
Book Value
$20.00 per share

Miscellaneous

Outstanding Shares
12,516,000,000
Free Float
12,405,859,000
Market Cap
$1.69 trillion
Optionable
Optionable
Beta
1.03

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GOOGL Stock Analysis - Frequently Asked Questions

Should I buy or sell Alphabet stock right now?

33 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 5 hold ratings, 27 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?

33 brokers have issued 12-month target prices for Alphabet's shares. Their GOOGL share price targets range from $118.00 to $180.00. On average, they anticipate the company's share price to reach $147.53 in the next twelve months. This suggests a possible upside of 9.3% 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 stock has increased by 52.9% and is now trading at $134.93.
View the best growth stocks for 2023 here
.

Are investors shorting Alphabet?

Alphabet saw a increase in short interest during the month of 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 volume of 27,090,000 shares, the days-to-cover ratio is currently 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) posted its earnings results 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 issued shares were distributed to shareholders after the closing bell 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 variety of institutional and retail investors. Top institutional investors include FMR LLC (1.82%), Morgan Stanley (0.89%), Wellington Management Group LLP (0.70%), Northern Trust Corp (0.54%), Massachusetts Financial Services Co. MA (0.44%) and Invesco Ltd. (0.38%). 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 12/8/2023 by MarketBeat.com Staff

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