Alphabet Inc. (GOOG)
| Market Cap | 2.22T |
| Revenue (ttm) | 339.86B |
| Net Income (ttm) | 94.27B |
| Shares Out | 5.84B |
| EPS (ttm) | 7.53 |
| PE Ratio | 23.51 |
| Forward PE | 20.89 |
| Dividend | $0.80 (0.45%) |
| Ex-Dividend Date | Dec 9, 2024 |
| Volume | 14,881,859 |
| Open | 178.83 |
| Previous Close | 179.58 |
| Day's Range | 175.33 - 179.09 |
| 52-Week Range | 129.40 - 193.31 |
| Beta | 1.03 |
| Analysts | Strong Buy |
| Price Target | 204.93 (+15.56%) |
| Earnings Date | Oct 29, 2024 |
About GOOG
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as i... [Read more]
Financial Performance
In 2023, Alphabet's revenue was $307.39 billion, an increase of 8.68% compared to the previous year's $282.84 billion. Earnings were $73.80 billion, an increase of 23.05%.
Financial StatementsAnalyst Forecast
According to 41 analysts, the average rating for GOOG stock is "Strong Buy." The 12-month stock price forecast is $204.93, which is an increase of 15.56% from the latest price.
News
Force Sale Of Chrome And Big Changes To Android Search—The DOJ's Proposal To Crackdown On Google's Search Monopoly
The U.S. government on Wednesday requested a federal judge order Google to sell its Chrome web browser and make significant changes to how search works on its Android mobile operating system, in a fil...
Google must sell Chrome to end search monopoly, justice department argues in court filing
Justice department urges court to force Google to share data with rivals as part of wide-ranging changes to end online giant's monopoly on web searching
Google could be forced to sell its Chrome browser over internet search monopoly claims
Google must sell its Chrome browser to restore competition in the online search market, US prosecutors have argued.
The DOJ wants Google to sell its Chrome browser. Here are the winners and losers if that happens.
The DOJ asked the judge in its antitrust case against Google to force the company to sell Chrome. Chrome is a key distribution method for Search, which provides crucial data for Google's ads.
DOJ pushes for Google to break off Chrome browser after antitrust case
The Department of Justice is pushing a federal judge to make Google divest its Chrome internet browser as a remedy following the antitrust case. "To remedy these harms, the [Initial Proposed Final Jud...
Google Should Be Forced to Sell Chrome Browser, Justice Department Says
A spinoff would be a major blow to Google following its loss in the antitrust trial.
DOJ asks judge to force Google to sell Chrome as remedy in landmark antitrust case
Judge Amit Mehta found in August that Google holds an illegal monopoly in its search business. On Wednesday, DOJ officials in the antitrust division filed their proposal for remedies in the case.
DOJ: Google must sell Chrome to end monopoly
The United States Department of Justice argued Wednesday that Google should divest its Chrome browser as part of a remedy to break up the company's illegal monopoly in online search, according to a U....
Google must divest Chrome to end search monopoly, DOJ says
Alphabet's Google must divest its Chrome browser and should not be allowed to re-enter the browser market for five years as part of a list of requests made to a judge to end Google's search monopoly, ...
U.S. Plans to Propose Breakup of Google to Fix Search Monopoly
In a landmark antitrust case, the government will ask a judge to force the company to sell its popular Chrome browser, people with knowledge of the matter said.
Report: DOJ Will Ask Judge to Force Google to Sell Core Products
The U.S. Department of Justice reportedly plans to ask a judge to order Google to divest one or more core products as a way to reduce the company's dominance in the search market. Google's Chrome brow...
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Business spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to data from Menlo Ventures released Wednesday. OpenAI ceded market share...
DuckDuckGo calls for EU to widen its Digital Markets Act probe of Google
Privacy-focused search engine DuckDuckGo has urged the European Union to widen its Digital Markets Act (DMA) investigation into Google, claiming the search giant is in breach of several areas where th...
Google's Chrome to fetch up to $20 billion if judge orders sale
Alphabet Inc.'s Chrome browser could go for as much as $20 billion if a judge agrees to a Justice Department proposal to sell the business, in what would be a historic crackdown on one of the world's ...
KPMG to spend $100 million on AI partnership with Google Cloud
KPMG said on Wednesday it would spend $100 million over the next four years to bolster its enterprise artificial intelligence services through a partnership with Alphabet's Google Cloud.
DuckDuckGo says Google should face fresh EU probes into compliance with tech rules
Alphabet's Google should face additional EU investigations into its compliance with landmark European Union rules aimed at reining in Big Tech's power, rival internet search engine DuckDuckGo said on ...
Alphabet's VC arm backs little-known SAP rival Odoo, boosting valuation to $5.3 billion
Odoo, a Belgium-based company that develops open-source enterprise resource planning software, boosted its valuation to 5 billion euros ($5.3 billion) in a secondary share round led by CapitalG and Se...
Google prosecutors to propose cure for search monopoly
Alphabet's Google will come one step closer to a potential shakeup of its business on Wednesday, when U.S. prosecutors detail what the tech titan should do to end its online search monopoly.
Google May Be Pushed to Sell Chrome. Why Alphabet Investors Aren't Fazed.
Shares climbed 1.6% on Tuesday as part of a broader tech rally, suggesting the market isn't worried about a looming Justice Department filing.
How Google Spent 15 Years Concealing Its Internal Conversations
Trying to avoid antitrust suits, Google systematically told employees to destroy messages, avoid certain words and copy the lawyers as often as possible.
Google Begins Realizing Economies Of Scale For Cloud
Alphabet reported strong Q3'24 growth in Google Subscriptions, Platforms & Devices, and Google Cloud, driven by AI investments and product launches. Significant margin improvement in Google Cloud, exp...
Google's antitrust loss could cost Apple billions of dollars
Google pays Apple at least $20 billion a year to make its search engine the default on iPhones. Those payments were at the heart of a federal antitrust case Google lost earlier this year.
DOJ seeks split of Google from Chrome browser: BBG
Bloomberg reports the Department of Justice is asking a judge to force Alphabet's Google (GOOG, GOOGL) to divest its Chrome browser due to antitrust concerns. Vanderbilt Law School associate dean for ...
Alphabet stock shrugs off report that the DOJ wants Google to sell off its Chrome browser
Usually, a stock that is not moving much is no cause for news. But the case is different today when it comes to the stock price of Alphabet Inc., the company that owns Google.
DOJ may force Google to sell Chrome to break its search monopoly
CNBC's Deirdre Bosa has the latest on how the Department of Justice could shake up the tech industry.