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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
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Know Your Profit Potential BEFORE You Trade! (Ad)pixel
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Bed Bath & Beyond Is Circling the Drain
Institutions are Buying up Procter & Gamble Shares, Should you?

Alphabet - GOOGL Stock Forecast, Price & News

$100.43
+1.59 (+1.61%)
(As of 02/1/2023 12:00 AM ET)
Add
Compare
Today's Range
$97.58
$101.19
50-Day Range
$86.02
$100.99
52-Week Range
$83.34
$151.55
Volume
33.50 million shs
Average Volume
33.71 million shs
Market Capitalization
$1.30 trillion
P/E Ratio
19.94
Dividend Yield
N/A
Price Target
$132.13

Alphabet MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
31.7% Upside
$132.25 Price Target
Short Interest
Healthy
0.31% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.26mentions of Alphabet in the last 14 days
Based on 30 Articles This Week
Insider Trading
Acquiring Shares
$23.40 M Bought Last Quarter
Proj. Earnings Growth
8.60%
From $4.65 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

8th out of 630 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

3rd out of 64 stocks


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

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.
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
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.
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
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
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.
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
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?
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.
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
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.
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.
Alphabet (GOOGL) Scheduled to Post Earnings on Thursday
Ann Mather Sells 340 Shares of Alphabet Inc. (NASDAQ:GOOGL) Stock
Alphabet (NASDAQ:GOOGL) PT Raised to $145.00
MKM Partners Trims Alphabet (NASDAQ:GOOGL) Target Price to $120.00
Google, Amazon and Earnings: Watch TheStreet Today Live
See More Headlines
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GOOGL Company Calendar

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

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:GOOGL
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
+31.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
36 Analysts

Profitability

Net Income
$76.03 billion
Pretax Margin
27.85%

Debt

Sales & Book Value

Annual Sales
$257.64 billion
Cash Flow
$6.94 per share
Book Value
$19.03 per share

Miscellaneous

Outstanding Shares
12,943,000,000
Free Float
11,462,321,000
Market Cap
$1.30 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













GOOGL Stock - Frequently Asked Questions

Should I buy or sell Alphabet stock right now?

37 Wall Street 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 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 equities research analysts have issued 12 month target prices for Alphabet's stock. Their GOOGL share price forecasts range from $113.00 to $165.00. On average, they predict the company's stock price to reach $132.25 in the next twelve months. This suggests a possible upside of 31.2% 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 stock has increased by 14.2% and is now trading at $100.79.
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 results 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 earned $53.62 billion during the quarter, compared to analyst estimates of $51.80 billion. Alphabet had a trailing twelve-month return on equity of 26.41% and a net margin of 23.75%. During the same quarter in the previous year, the business posted $0.82 earnings per share.
Read the conference call transcript
.

When did Alphabet's stock split?

Shares of Alphabet split before market open on 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 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.

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 number of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.14%), Parnassus Investments LLC (0.13%), New York State Common Retirement Fund (0.09%), DekaBank Deutsche Girozentrale (0.08%), DNB Asset Management AS (0.06%) and New York State Teachers Retirement System (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 $100.79.

How much money does Alphabet make?

Alphabet (NASDAQ:GOOGL) has a market capitalization of $1.30 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 2/2/2023 by MarketBeat.com Staff