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NASDAQ:GOOGL

Alphabet Stock Forecast, Price & News

$2,442.54

-4.07 (-0.17 %)

(As of 06/23/2021 12:00 AM ET)

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Today's Range

$2,436.69

▼

$2,461.91

50-Day Range

$2,200.25

▼

$2,448.91

52-Week Range

$1,351.65

▼

$2,461.91

Volume956,094 shs

Average Volume1.66 million shs

Market Capitalization$1.64 trillion

P/E Ratio32.52

Dividend YieldN/A

Beta1.01

30 days | 90 days | 365 days | Advanced Chart

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About Alphabet

Alphabet Inc. provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company offers performance and brand advertising services. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, such as ads, Android, Chrome, hardware, Google Maps, Google Play, Search, and YouTube, as well as technical infrastructure; and digital content. The Google Cloud segment offers infrastructure and data analytics platforms, collaboration tools, and other services for enterprise customers. The Other Bets segment sells internet and TV services, as well as licensing and research and development services. The company was founded in 1998 and is headquartered in Mountain View, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:GOOGL
Previous Symbol
CUSIPN/A
CIK1652044
Webwww.abc.xyz
Phone650-253-0000
Employees135,301
Year Founded2015

Sales & Book Value

Annual Sales$182.53 billion
Price / Sales8.97
Cash Flow$80.45 per share
Price / Cash Flow30.36
Book Value$330.12 per share
Price / Book7.40

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares670,164,000
Market Cap$1.64 trillion
Next Earnings Date7/29/2021 (Estimated)
OptionableOptionable

Social Links

MarketRank^™

Overall MarketRank^™

1.65 out of 5 stars

Computer And Technology Sector

277th out of 1,591 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

15th out of 84 stocks

2.5 Analyst's Opinion

Consensus Rating
Alphabet has received a consensus rating of Buy. The company's average rating score is 2.95, and is based on 42 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2,510.80, Alphabet has a forecasted upside of 2.8% from its current price of $2,442.54.
Amount of Analyst Coverage
Alphabet has been the subject of 24 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.9 Community Rank

Outperform Votes
Alphabet has received 2,437 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Alphabet has received 708 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Alphabet has received 77.49% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Alphabet and other stocks. Vote “Outperform” if you believe GOOGL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GOOGL will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Alphabet does not currently pay a dividend.
Dividend Growth
Alphabet does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alphabet insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 11.70% of the stock of Alphabet is held by insiders.
Percentage Held by Institutions
Only 34.46% of the stock of Alphabet is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Alphabet are expected to grow by 8.76% in the coming year, from $89.46 to $97.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alphabet is 32.52, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alphabet is 32.52, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 51.41.
Price to Earnings Growth Ratio
Alphabet has a PEG Ratio of 1.50. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Alphabet has a P/B Ratio of 7.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Alphabet (NASDAQ:GOOGL) Frequently Asked Questions

Is Alphabet a buy right now?

44 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last twelve months. There are currently 2 hold ratings and 42 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Alphabet stock.
View analyst ratings for Alphabet or view top-rated stocks.

What stocks does MarketBeat like better than Alphabet?

Wall Street analysts have given Alphabet a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Alphabet wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Alphabet's next earnings date?

Alphabet is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Alphabet.

How were Alphabet's earnings last quarter?

Alphabet Inc. (NASDAQ:GOOGL) issued its quarterly earnings results on Monday, April, 26th. The information services provider reported $26.29 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $15.82 by $10.47. The information services provider had revenue of $45.60 billion for the quarter, compared to analyst estimates of $42.46 billion. Alphabet had a trailing twelve-month return on equity of 23.54% and a net margin of 26.11%. During the same quarter in the prior year, the firm earned $9.87 EPS.
View Alphabet's earnings history.

How has Alphabet's stock been impacted by Coronavirus (COVID-19)?

Alphabet's stock was trading at $1,210.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GOOGL shares have increased by 101.7% and is now trading at $2,442.54.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for GOOGL?

44 Wall Street analysts have issued 1-year price targets for Alphabet's stock. Their forecasts range from $1,725.00 to $3,127.00. On average, they anticipate Alphabet's share price to reach $2,510.80 in the next year. This suggests a possible upside of 2.8% from the stock's current price.
View analysts' price targets for Alphabet or view top-rated stocks among Wall Street analysts.

Who are Alphabet's key executives?

Alphabet's management team includes the following people:

Mr. Sundar Pichai, CEO & Director (Age 48, Pay $7.43M)
Mr. Lawrence Edward Page, Co-Founder & Director (Age 48, Pay $1)
Mr. Sergey Brin, Co-Founder & Director (Age 47, Pay $1)
Ms. Ruth M. Porat, Sr. VP & CFO (Age 63, Pay $672.77k)
Dr. Prabhakar Raghavan, Sr. VP of Google (Age 60, Pay $664.75k)
Mr. Philipp Schindler, Sr. VP & Chief Bus. Officer of Google
Mr. Kent Walker, Corp. Sec. (Age 60, Pay $664.75k)
Ms. Amie Thuener O'Toole, Chief Accounting Officer & VP (Age 45)
Ms. Ellen West, VP of Investor Relations
Ms. Ivy Ross, Head of Project Aura and VP (Age 65)

Who are some of Alphabet's key competitors?

Some companies that are related to Alphabet include Alphabet (GOOG), Facebook (FB), Zoom Video Communications (ZM), Snap (SNAP), Baidu (BIDU), Twitter (TWTR), IHS Markit (INFO), Pinterest (PINS), The Trade Desk (TTD), AppLovin (APP), Yandex (YNDX), Wix.com (WIX), GDS (GDS), FactSet Research Systems (FDS) and Weibo (WB).
View all of GOOGL's competitors.

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 investors include Price T Rowe Associates Inc. MD (1.09%), Geode Capital Management LLC (0.74%), Northern Trust Corp (0.56%), Bank of New York Mellon Corp (0.48%), Morgan Stanley (0.47%) and Massachusetts Financial Services Co. MA (0.44%).

Which institutional investors are selling Alphabet stock?

GOOGL stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Sculptor Capital LP, Viking Global Investors LP, Melvin Capital Management LP, Axiom Investment Management LLC, Axiom Investment Management LLC, Morgan Stanley, and Brave Warrior Advisors LLC.

Which institutional investors are buying Alphabet stock?

GOOGL stock was purchased by a variety of institutional investors in the last quarter, including Cohen Investment Advisors LLC, Whale Rock Capital Management LLC, Clarus Group Inc., Jennison Associates LLC, Lord Abbett & CO. LLC, Price T Rowe Associates Inc. MD, UBS Asset Management Americas Inc., and Amundi Asset Management US Inc..

How do I buy shares of Alphabet?

Shares of GOOGL 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 $2,442.54.

How much money does Alphabet make?

Alphabet has a market capitalization of $1.64 trillion and generates $182.53 billion in revenue each year. The information services provider earns $40.27 billion in net income (profit) each year or $58.61 on an earnings per share basis.

How many employees does Alphabet have?

Alphabet employs 135,301 workers across the globe.

When was Alphabet founded?

Alphabet was founded in 2015.

What is Alphabet's official website?

The official website for Alphabet is www.abc.xyz.

Where are Alphabet's headquarters?

Alphabet is headquartered at 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA, 94043.

How can I contact Alphabet?

Alphabet's mailing address is 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA, 94043. The information services provider can be reached via phone at 650-253-0000 or via email at [email protected]

This page was last updated on 6/23/2021 by MarketBeat.com Staff

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