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S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Carvana Is Up 39.28% In One Week: Is It The Newest Meme Stock?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
Dividend King Sysco: Buying On The Dip 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Carvana Is Up 39.28% In One Week: Is It The Newest Meme Stock?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
Dividend King Sysco: Buying On The Dip 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Carvana Is Up 39.28% In One Week: Is It The Newest Meme Stock?
Followed 664 Times   Top-Rated Stocks  
NASDAQ:GOOGL

Alphabet - GOOGL Stock Forecast, Price & News

$98.84
+1.90 (+1.96%)
(As of 01/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$96.82
▼
$98.88
50-Day Range
$86.02
▼
$100.99
52-Week Range
$83.34
▼
$151.55
Volume
27.39 million shs
Average Volume
32.15 million shs
Market Capitalization
$1.28 trillion
P/E Ratio
19.63
Dividend Yield
N/A
Price Target
$132.13

Alphabet MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
33.8% Upside
$132.25 Price Target
Short Interest
Healthy
0.31% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.31mentions of Alphabet in the last 14 days
Based on 29 Articles This Week
Insider Trading
Acquiring Shares
$23.40 M Bought Last Quarter
Proj. Earnings Growth
7.91%
From $4.68 to $5.05 Per Share

Overall MarketRank™

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

3.20 out of 5 stars

Computer And Technology Sector

11th out of 631 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

3rd out of 66 stocks

See Top Rated MarketRank™ Stocks Here

GOOGL stock logo

About Alphabet (NASDAQ:GOOGL) Stock

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.

 

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GOOGL Stock News Headlines

January 31, 2023 | marketbeat.com
Is It Worth Toying Around With Hasbro's Drop? (GOOGL)
Sentiment on Hasbro stock could be low for some time but if it heads back toward pandemic lows in the $40’s, it could be an undervalued turnaround play.
January 30, 2023 | marketbeat.com
Why Extreme Networks is a Recession-Proof Technology Play (GOOGL)
Spending cuts and layoffs are continually making headlines as the economy contracts. Some of the most prominent household names have announced plans or
February 1, 2023 | Investing Trends (Ad)
Huge Upside Potential With "Staggering" Solar Demand
Global solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.
January 30, 2023 | marketbeat.com
Can Yext A.I. Search Platform Drive Growth in 2023? (GOOGL)
Enterprise artificial intelligence (A.I.) powered search platform provider Yext Inc. (NASDAQ: YEXT) stock has been rising as it implements its restructuring
January 28, 2023 | marketbeat.com
MarketBeat Week in Review – 1/23- 1/27 (GOOGL)
Markets were pushing hard to continue the rally as.recession fears and layoff announcements offset two data points that suggest inflation may be easing
January 25, 2023 | marketbeat.com
Should You Bet Against The Nasdaq 100 With This Inverse ETF? (GOOGL)
As big-tech layoffs pile up, more investors are betting against the sector, as evidenced by flows of $913.74 million into the ProShares UltraPro Short QQQ.
January 24, 2023 | marketbeat.com
Justice Dept. sues Google over digital advertising dominance
The Justice Department and several states have sued Google, alleging that its dominance in digital advertising harms competition
January 24, 2023 | marketbeat.com
What Does Microsoft’s Investment in ChatGBT Mean for MSFT Stock? (GOOGL)
is Microsoft's $10 billion investment in OpenAI money well spent? Is it part of a larger plan? And what does all of this mean for MSFT stock?
February 1, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
January 23, 2023 | marketbeat.com
China's Huawei looks to ports, factories to rebuild sales
As technicians in a distant control room watch on display screens, an automated crane at one of China’s busiest ports moves cargo containers from a Japanese freighter to self-driving trucks in a scene tech giant Huawei sees as its future after American sanctions crushed its global smartphone brand
January 23, 2023 | marketbeat.com
UiPath is the Blue-Collar AI Platform to Watch in 2023 (GOOGL)
Robotic process automation (RPA) leader UiPath inc. (NASDAQ: PATH) stock has been rising with other artificial intelligence (AI) providers thanks to ChapGPT.
January 23, 2023 | marketbeat.com
Is C3.ai Stock a ChatGPT Artificial Intelligence Play? (GOOGL)
You've seen the headlines about the artificial intelligence (AI) platform ChatGPT being able to write term papers and articles in a matter of minutes.
January 31, 2023 | americanbankingnews.com
Alphabet (GOOGL) Scheduled to Post Earnings on Thursday
January 29, 2023 | americanbankingnews.com
Ann Mather Sells 340 Shares of Alphabet Inc. (NASDAQ:GOOGL) Stock
January 28, 2023 | americanbankingnews.com
Alphabet (NASDAQ:GOOGL) PT Raised to $145.00
January 27, 2023 | finance.yahoo.com
Analysis-Google faces greater threat of forced ad unit sale from U.S. lawsuit
January 26, 2023 | finance.yahoo.com
UPDATE 1-U.S. lawsuit against Google could benefit Apple and others
January 26, 2023 | americanbankingnews.com
MKM Partners Trims Alphabet (NASDAQ:GOOGL) Target Price to $120.00
January 26, 2023 | americanbankingnews.com
Alphabet Inc. (NASDAQ:GOOGL) Insider John Kent Walker Sells 11,313 Shares
January 25, 2023 | finance.yahoo.com
RPT-UPDATE 3-Google makes changes to Android in India after antitrust setbacks
January 24, 2023 | finance.yahoo.com
Google Gets Slapped with DOJ Case Over Alleged Digital Ad Monopoly
January 24, 2023 | finance.yahoo.com
Dow Jones Rises; Google Faces Anti Trust Action From Department Of Justice; Microsoft On Tap
January 24, 2023 | finance.yahoo.com
Google, Amazon and Earnings: Watch TheStreet Today Live
January 23, 2023 | finance.yahoo.com
Google backs out of project on Kirkland car dealership site
January 23, 2023 | finance.yahoo.com
Microsoft’s big move in AI does not mean it will challenge Google in search
January 23, 2023 | finance.yahoo.com
Google to Reduce Top Executive Bonuses, CEO Sundar Pichai Says
January 23, 2023 | finance.yahoo.com
Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Issues
See More Headlines
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GOOGL Company Calendar

Last Earnings
10/25/2021
Today
2/01/2023
Next Earnings (Confirmed)
2/02/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:GOOGL
CUSIP
N/A
CIK
1652044
Web
www.abc.xyz
Phone
(650) 253-0000
Fax
650-253-0001
Employees
156,500
Year Founded
2015

Price Target and Rating

Average Stock Price Forecast
$132.25
High Stock Price Forecast
$165.00
Low Stock Price Forecast
$113.00
Forecasted Upside/Downside
+33.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
37 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$5.0355
Trailing P/E Ratio
19.63
Forward P/E Ratio
21.26
P/E Growth
1.7
Net Income
$76.03 billion
Net Margins
23.75%
Pretax Margin
27.85%
Return on Equity
26.41%
Return on Assets
18.74%

Debt

Debt-to-Equity Ratio
0.06
Current Ratio
2.52
Quick Ratio
2.47

Sales & Book Value

Annual Sales
$257.64 billion
Price / Sales
4.97
Cash Flow
$6.83 per share
Price / Cash Flow
14.48
Book Value
$19.03 per share
Price / Book
5.19

Miscellaneous

Outstanding Shares
12,943,000,000
Free Float
11,462,321,000
Market Cap
$1.28 trillion
Optionable
Optionable
Beta
1.09

Social Links


Key Executives

  • Sundar PichaiSundar Pichai
    Chief Executive Officer & Director
  • Ruth M. PoratRuth M. Porat
    Chief Financial Officer & Senior Vice President
  • Amie Thuener
    Chief Accounting Officer & Vice President
  • Cory R. Ondrejka
    Vice President
  • Juan Rajlin
    Treasurer & Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













GOOGL Stock - Frequently Asked Questions

Should I buy or sell Alphabet stock right now?

37 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 4 hold ratings, 32 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GOOGL shares.
View GOOGL analyst ratings or view top-rated stocks.

What is Alphabet's stock price forecast for 2023?

37 Wall Street research analysts have issued 12-month price objectives for Alphabet's stock. Their GOOGL share price forecasts range from $113.00 to $165.00. On average, they predict the company's share price to reach $132.25 in the next twelve months. This suggests a possible upside of 33.8% 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 at the start of the year. Since then, GOOGL shares have increased by 12.0% and is now trading at $98.84.
View the best growth stocks for 2023 here.

When is Alphabet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our GOOGL earnings forecast.

How can I listen to Alphabet's earnings call?

Alphabet will be holding an earnings conference call on Thursday, February 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Alphabet's earnings last quarter?

Alphabet Inc. (NASDAQ:GOOGL) announced its quarterly earnings data on Monday, October, 25th. The information services provider reported $1.40 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.24. The information services provider had revenue of $53.62 billion for the quarter, compared to analyst estimates of $51.80 billion. Alphabet had a net margin of 23.75% and a trailing twelve-month return on equity of 26.41%. During the same quarter in the prior year, the business earned $0.82 EPS.
Read the conference call transcript.

When did Alphabet's stock split?

Alphabet shares split on Monday, July 18th 2022. The 20-1 split was announced on Tuesday, February 1st 2022. The newly issued shares were payable 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.

What is Alphabet's stock symbol?

Alphabet trades on the NASDAQ under the ticker symbol "GOOGL."

Who are Alphabet's major shareholders?

Alphabet's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.14%), Parnassus Investments LLC (0.13%), New York State Common Retirement Fund (0.09%), DNB Asset Management AS (0.06%), New York State Teachers Retirement System (0.05%) and Allspring Global Investments Holdings LLC (0.05%). 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, 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.

What is Alphabet's stock price today?

One share of GOOGL stock can currently be purchased for approximately $98.84.

How much money does Alphabet make?

Alphabet (NASDAQ:GOOGL) has a market capitalization of $1.28 trillion and generates $257.64 billion in revenue each year. The information services provider earns $76.03 billion in net income (profit) each year or $5.0355 on an earnings per share basis.

How many employees does Alphabet have?

The company employs 156,500 workers across the globe.

How can I contact Alphabet?

Alphabet's mailing address is 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA, 94043. The official website for the company is www.abc.xyz. The information services provider can be reached via phone at (650) 253-0000, via email at investor-relations@abc.xyz, or via fax at 650-253-0001.

This page (NASDAQ:GOOGL) was last updated on 2/1/2023 by MarketBeat.com Staff