GOOG Stock Quote Price | CNN (2024)

FAQs

Is Alphabet a buy hold or sell? ›

Alphabet stock has received a consensus rating of buy. The average rating score is and is based on 89 buy ratings, 10 hold ratings, and 0 sell ratings. What was the 52-week low for Alphabet stock? The low in the last 52 weeks of Alphabet stock was 101.10.

GOOG Stock 12 Month Forecast

Based on 11 Wall Street analysts offering 12 month price targets for Alphabet Class C in the last 3 months. The average price target is $168.64 with a high forecast of $185.00 and a low forecast of $160.00.

As of 2024-04-22, the Fair Value of Alphabet Inc (GOOGL) is 142.13 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 154.09 USD, the upside of Alphabet Inc is -7.8%.

According to the latest long-term forecast, Google price will hit $200 by the middle of 2025 and then $250 by the end of 2026. Google will rise to $300 within the year of 2027, $350 in 2029, $400 in 2030, $450 in 2033 and $500 in 2035.

Analysts expect it to grow its revenue at a modest compound annual growth rate (CAGR) of 10% from $283 billion in 2022 to $378 billion in 2025. If it's still trading at 5 times sales by 2025, its market cap would rise to $1.9 trillion.

NASDAQ: GOOG

There's no shortage of reasons to believe this is one of the best businesses in the world. Alphabet (GOOGL -0.32%) (GOOG -0.25%) has long been a stock market winner. Shares have risen by 338% in the past 10 years. This performance outpaces both the S&P 500 and the Nasdaq Composite.

GOOGL Stock Forecast FAQ

Alphabet Class A has 8.49% upside potential, based on the analysts' average price target. Is GOOGL a Buy, Sell or Hold? Alphabet Class A has a conensus rating of Strong Buy which is based on 30 buy ratings, 7 hold ratings and 0 sell ratings.

The consensus among 23 Wall Street analysts covering (NASDAQ: GOOGL) stock is to Strong Buy GOOGL stock.

For this reason, GOOGL shares tend to trade at a slightly higher price than GOOG shares, due to the additional voting rights. However, most retail investors cannot buy enough shares to significantly affect the company's policies, making GOOG the slightly more cost-effective choice.

Which is a better buy GOOG or GOOGL? ›

Both GOOG and GOOGL represent equal ownership stakes, and performance-wise, there's no significant difference between the two.

The Google company has massive potential in AI and is profiting from a recovering digital-ad market. Shares in Alphabet (GOOGL 0.35%) (GOOG 0.37%) are up 58% year over year, rallying Wall Street with an expansion in artificial intelligence (AI) and significant ad-revenue growth.

The company has generated cash flow growth of 15.1%, and is expected to report cash flow expansion of 16.7% in 2024. Investors should take the time to consider GOOGL for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.

The $5,000 per share thesis is somewhat dependent on there not being an economic slowdown anytime soon – although given that many observers predict an economic boost from the recovery of the coronavirus crisis, this possibility remains unlikely.

GOOG does not currently pay a dividend.

Alphabet is still a bargain right now. Our valuation model shows that the intrinsic value for the stock is $214.59, but it is currently trading at US$158 on the share market, meaning that there is still an opportunity to buy now. Although, there may be another chance to buy again in the future.

Stock Price Forecast

The 37 analysts with 12-month price forecasts for Alphabet stock have an average target of 158.95, with a low estimate of 121 and a high estimate of 190. The average target predicts an increase of 1.57% from the current stock price of 156.49.

Based on short-term price targets offered by 39 analysts, the average price target for Alphabet comes to $165.97. The forecasts range from a low of $140.00 to a high of $190.00. The average price target represents an increase of 6.38% from the last closing price of $156.01.

Future Growth

Alphabet is forecast to grow earnings and revenue by 11.8% and 9% per annum respectively. EPS is expected to grow by 13.3% per annum. Return on equity is forecast to be 22.8% in 3 years.