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AMZN   121.52 (+1.17%)
TSLA   199.95 (+3.51%)
NVDA   403.60 (+3.63%)
NIO   7.39 (-4.03%)
BABA   78.34 (-3.25%)
AMD   126.10 (-0.73%)
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QQQ   350.41 (+0.58%)
AAPL   177.51 (+1.19%)
MSFT   332.21 (-0.20%)
META   264.43 (+0.91%)
GOOGL   123.49 (-0.90%)
AMZN   121.52 (+1.17%)
TSLA   199.95 (+3.51%)
NVDA   403.60 (+3.63%)
NIO   7.39 (-4.03%)
BABA   78.34 (-3.25%)
AMD   126.10 (-0.73%)
T   15.67 (+1.10%)
F   12.62 (+4.38%)
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MSFT   332.21 (-0.20%)
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GOOGL   123.49 (-0.90%)
AMZN   121.52 (+1.17%)
TSLA   199.95 (+3.51%)
NVDA   403.60 (+3.63%)
NIO   7.39 (-4.03%)
BABA   78.34 (-3.25%)
AMD   126.10 (-0.73%)
T   15.67 (+1.10%)
F   12.62 (+4.38%)
MU   72.48 (-1.96%)
CGC   0.87 (-0.95%)
GE   102.27 (-0.46%)
DIS   87.46 (-0.94%)
AMC   4.59 (-1.08%)
PFE   37.02 (-1.54%)
PYPL   61.19 (+1.61%)
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NASDAQ:GOOGL

Alphabet (GOOGL) Stock Forecast, Price & News

$123.49
-1.12 (-0.90%)
(As of 01:22 PM ET)
Compare
Today's Range
$122.00
▼
$125.66
50-Day Range
$100.89
▼
$125.05
52-Week Range
$83.34
▼
$126.43
Volume
20.88 million shs
Average Volume
37.83 million shs
Market Capitalization
$1.57 trillion
P/E Ratio
27.50
Dividend Yield
N/A
Price Target
$130.51
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Alphabet MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
5.2% Upside
$130.51 Price Target
Short Interest
Healthy
0.44% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.17mentions of Alphabet in the last 14 days
Based on 36 Articles This Week
Insider Trading
Selling Shares
$30.77 M Sold Last Quarter
Proj. Earnings Growth
15.90%
From $5.41 to $6.27 Per Share

Overall MarketRank™

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

2.35 out of 5 stars

Computer And Technology Sector

210th out of 618 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

16th out of 61 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

May 15, 2023 | marketbeat.com
UnitedHealth Group is an AI Stock That Isn't Beating Expectations (GOOGL)
Although it's a pioneer in AI, UnitedHealth Group is not enjoying the halo effect on AI stocks, but with more clarity on future growth that should change
May 15, 2023 | marketbeat.com
Nasdaq 100 Hits 2023 Highs As Google, Amazon Join The Tech Rally
The Nasdaq 100 index hit new 2023 highs, boosted by AI news from Alphabet, as other top components, including Microsoft, Nvidia and Apple took a breather.
May 30, 2023 | Edge On The Street (Ad)
Is Graphite the New Lithium?
Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.
May 12, 2023 | marketbeat.com
Oracle Stock Climbs For Third Month, Still In Buy Range (GOOGL)
Oracle, a well-established enterprise software provider, has seen its shares rise for three consecutive months, outperforming newer competitors.
May 9, 2023 | marketbeat.com
Will ChatGPT Be the Final Nail in the Coffin for Chegg? (GOOGL)
Personalized online student learning platform provider Chegg Inc. (NYSE: CHGG) shares were crushed as it warned that growing ChatGPT usage was hurting its b
May 9, 2023 | marketbeat.com
Arista Networks: Cloud Computing Selloff Creates an Opportunity (GOOGL)
Investors that got out of Arista stock because of a temporary slowdown have their heads in the clouds. Those that can see past the fog have a great opportunity.
May 9, 2023 | marketbeat.com
Is Tech Stocks' Dominance A Warning Signal For The Broad Market? (GOOGL)
The dominance of a small number of tech stocks with AI initiatives in the S&P 500 may threaten the index's role as a diversified representation of the market.
May 9, 2023 | marketbeat.com
Snap Proves More DAUs Don’t Mean More Revenues (GOOGL)
Video messaging media company Snap Inc. (NYSE: SNAP) stock was punished with a (27%) haircut after releasing its Q 2023 earnings report.
May 30, 2023 | Edge On The Street (Ad)
New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
May 8, 2023 | marketbeat.com
Is the Market Reacting Too Negatively to Pinterest Earnings? (GOOGL)
Social commerce platform Pinterest Inc. (NASDAQ: PINS) stock collapsed (25%) after its Q1 2023 earnings report. Shares have fallen (8.2%) for the year.
May 3, 2023 | marketbeat.com
Wall Street Thinks These 3 MegaCaps Have the Biggest Gains Ahead (GOOGL)
Many other mega cap companies are on par if not better than the usual big names. Wall Street thinks these three will have the biggest gains over the next year.
May 2, 2023 | marketbeat.com
Why Sell In May Might Not be The Play (GOOGL)
Markets tend to underperform in summer months, but that doesn't mean they are doomed to decline. "Sell in May and go away" could result in missing out on gains.
May 30, 2023 | msn.com
Can Google Stock Rebound To $150 In 2023?
May 30, 2023 | finance.yahoo.com
Nvidia Enters $1 Trillion Valuation Club
May 28, 2023 | americanbankingnews.com
2019 Gp L.L.C. Gv Sells 7,900 Shares of Alphabet Inc. (NASDAQ:GOOGL) Stock
May 28, 2023 | finance.yahoo.com
South Korea’s Naver to target foreign governments with latest ChatGPT-like AI model
May 27, 2023 | finance.yahoo.com
Alphabet's (NASDAQ:GOOGL) investors will be pleased with their stellar 120% return over the last five years
May 26, 2023 | finance.yahoo.com
UPDATE 1-US jury says Google owes Sonos $32.5 million in smart-speaker patent case
May 26, 2023 | finance.yahoo.com
C3.ai (AI) Expands its Solutions Available on Google Cloud
May 26, 2023 | finance.yahoo.com
AI Stocks: In Case You Missed Nvidia, Google Artificial Intelligence News
May 26, 2023 | msn.com
Alphabet CEO Sundar Pichai Commits to "AI Pact": What Does This Really Mean?
May 26, 2023 | finance.yahoo.com
Bill Gates Thinks Amazon, Google, and Shopify Could Be in Big Trouble, Thanks to AI
May 25, 2023 | finance.yahoo.com
Google Founder's Airship Company Takes The Stage
May 25, 2023 | seekingalpha.com
Google: Big Money Is Turning Bullish
May 25, 2023 | msn.com
What's Going On With Alphabet Shares
May 25, 2023 | msn.com
Proxy advisers urge replacing Alphabet chair, back shareholder proposals
May 25, 2023 | finance.yahoo.com
Alphabet (GOOGL) Up 16.6% Since Last Earnings Report: Can It Continue?
See More Headlines
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GOOGL Company Calendar

Last Earnings
4/25/2023
Today
5/30/2023
Next Earnings (Estimated)
7/25/2023
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
190,234
Year Founded
2015

Price Target and Rating

Average Stock Price Forecast
$130.51
High Stock Price Forecast
$160.00
Low Stock Price Forecast
$113.00
Forecasted Upside/Downside
+4.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
38 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$4.49
Trailing P/E Ratio
27.75
Forward P/E Ratio
23.03
P/E Growth
1.59
Net Income
$59.97 billion
Net Margins
20.58%
Pretax Margin
24.81%
Return on Equity
22.84%
Return on Assets
16.18%

Debt

Debt-to-Equity Ratio
0.05
Current Ratio
2.35
Quick Ratio
2.32

Sales & Book Value

Annual Sales
$284.61 billion
Price / Sales
5.56
Cash Flow
$5.93 per share
Price / Cash Flow
21.03
Book Value
$20.00 per share
Price / Book
6.23

Miscellaneous

Outstanding Shares
12,697,000,000
Free Float
12,585,266,000
Market Cap
$1.58 trillion
Optionable
Optionable
Beta
1.10

Social Links


Key Executives

  • Sundar PichaiSundar Pichai
    Chief Executive Officer & Director
  • Ruth M. PoratRuth M. Porat
    Chief Financial Officer & Senior Vice President
  • Amie Thuener O'TooleAmie Thuener O'Toole
    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?

38 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 4 hold ratings, 33 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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?

38 Wall Street analysts have issued 12 month price targets for Alphabet's stock. Their GOOGL share price forecasts range from $113.00 to $160.00. On average, they anticipate the company's share price to reach $130.51 in the next twelve months. This suggests a possible upside of 4.7% 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 at the beginning of 2023. Since then, GOOGL shares have increased by 41.2% and is now trading at $124.61.
View the best growth stocks for 2023 here.

Are investors shorting Alphabet?

Alphabet saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 55,960,000 shares, an increase of 18.4% from the April 30th total of 47,250,000 shares. Based on an average daily volume of 35,380,000 shares, the short-interest ratio is presently 1.6 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 Tuesday, July 25th 2023.
View our GOOGL earnings forecast.

How were Alphabet's earnings last quarter?

Alphabet Inc. (NASDAQ:GOOGL) posted its quarterly earnings results on Tuesday, April, 25th. The information services provider reported $1.17 EPS for the quarter, topping the consensus estimate of $1.06 by $0.11. The information services provider had revenue of $69.79 billion for the quarter, compared to the consensus estimate of $57.19 billion. Alphabet had a net margin of 20.58% and a trailing twelve-month return on equity of 22.84%. During the same quarter in the prior year, the firm earned $1.23 earnings per share.
Read the conference call transcript.

What ETFs hold Alphabet's stock?

ETFs with the largest weight of Alphabet (NASDAQ:GOOGL) stock in their portfolio include Direxion Daily GOOGL Bull 1.5X Shares (GGLL), Fidelity MSCI Communication Services Index ETF (FCOM), iShares Global Comm Services ETF (IXP), Communication Services Select Sector SPDR Fund (XLC), Vanguard Communication Services ETF (VOX), Future Fund Active ETF (FFND), Grizzle Growth ETF (GRZZ) and WisdomTree Growth Leaders Fund (PLAT).

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 minted 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.

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 many different retail and institutional investors. Top institutional investors include State Street Corp (1.71%), FMR LLC (1.64%), Geode Capital Management LLC (0.93%), Price T Rowe Associates Inc. MD (0.85%), Wellington Management Group LLP (0.66%) and Bank of New York Mellon Corp (0.44%). 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.

What is Alphabet's stock price today?

One share of GOOGL stock can currently be purchased for approximately $124.61.

How much money does Alphabet make?

Alphabet (NASDAQ:GOOGL) has a market capitalization of $1.58 trillion and generates $284.61 billion in revenue each year. The information services provider earns $59.97 billion in net income (profit) each year or $4.49 on an earnings per share basis.

How many employees does Alphabet have?

The company employs 190,234 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 5/30/2023 by MarketBeat.com Staff

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