Google/Alphabet Inc (GOOGL). Google is a division of Alphabet Inc. specializing in search technology, online advertising, cloud computing, software, and electronics. Corporation products are search engines, YouTube video hosting, Android operating system, Google Cloud services, and G Suite office software. The company is also working on artificial intelligence and self-driving vehicles.
In this review you can find valuable insights into Google/Alphabet Inc's stock, providing access to Google/Alphabet Inc's target price from over 30 analysts, as well as earning estimates, and fundamental data. This review includes an average projected stock price analysis for both quarterly and yearly periods.
Disclaimer:
This article is not advice to buy stocks. The GOOGL price target is based on the independent analysts estimates as of this moment, but the circumstances can change over time and the actual price may not be the same as the forecast. Please be aware that stocks are a volatile asset and consider the risks when making investment decisions.
In this segment, you will gain insights into various analyst forecasts, which encompass the following key areas:
Projected Google/Alphabet Inc stock price targets
Quarterly and annual Google/Alphabet Inc earnings estimates
Quarterly and annual sales volume estimates
Projected assessment of capitalization growth rates
These forecasts are meticulously compiled based on surveys conducted with top managers of companies and analysts. Moreover, the analysis takes into consideration both current financial indicators and projected indicators of the companies under review, ensuring a comprehensive and well-rounded perspective for investors and decision-makers.
| Strong buy | 54 |
| Buy | 108 |
| Hold | 32 |
| Sell | 0 |
| Strong sell | 0 |
| Overall recommendation | Buy |
In this section you will learn about the basic statistics of Google (Alphabet) and other data for fundamental analysis. The section provides key financial indicators of the company as well as main multipliers.
Basic indicators contain information about the company that provides a general idea of its operation and position in the market.
Key financial indicators of Google (Alphabet) contain general information about the financial condition of the company. For analysis, current values are compared to the values of previous periods, forecasts and indicators of competitors.
Multipliers are coefficients, derivative financial indicators that allow for assessing financial stability, the degree of undervaluation, overvaluation, investment attractiveness of a company, company’s performance, and forecasting an increase or decline in the value of shares.
GOOGL's share price is impacted by its financial results. The higher the profit, the more those willing to invest in the corporation's business. Financial results directly depend on demand. Demand, in its turn, is influenced by the following factors:
Price. The lower it is, the greater the demand, and the greater the revenue. Marketing expenses for product promotion in the premium segment can also have impact;
Usefulness and competitiveness of the product. Any news about launching new developments, introduction of new technologies (for example, introduction of artificial intelligence into a search engine) is taken positively by investors;
Legislation. This implies changes in legislation in the regions where the corporation operates.
Also, the share price is affected by any fundamental factors related to the entire stock market, such as changes in interest rates, a global economic recession, a pandemic, etc.
The maximum 12-months Google/Alphabet Inc (GOOGL) stock price target is 200$, the average 12-months projected Google/Alphabet Inc (GOOGL) stock price target is 149.16$.
Overall recommendation of most analysts buy Google/Alphabet Inc (GOOGL) stocks
The extent to which a stock is deemed overvalued or undervalued is influenced by various factors, such as the industry it belongs to, its profit and sales growth trends, and more. Presently, the Google/Alphabet Inc (GOOGL) stock's P/E ratio stands at 28.515087. If the P/E is above the industry average, the stock may be overvalued.
Yes. Despite the high level of competition, the corporation has growth potential and in the long term it is possible that the stock price will hit new highs.
Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.
Rinat Gismatullin is an entrepreneur and a business expert with 9 years of experience in trading. He focuses on long-term investing, but also uses intraday trading. He is a private consultant on investing in digital assets and personal finance. Rinat holds two degrees in Economy and Linguistics.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).
