Alphabet Inc. (GOOG)
NASDAQ: GOOG · IEX Real-Time Price · USD
173.69
+15.74 (9.97%)
At close: Apr 26, 2024, 4:00 PM
173.55
-0.14 (-0.08%)
After-hours: Apr 26, 2024, 4:16 PM EDT
Alphabet Stock Forecast
Stock Price Forecast
The 36 analysts with 12-month price forecasts for Alphabet stock have an average target of 155.69, with a low estimate of 121 and a high estimate of 185. The average target predicts a decrease of -10.36% from the current stock price of 173.69.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Alphabet stock from 38 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 13 | 15 | 15 | 13 | 13 |
| Buy | 17 | 17 | 19 | 19 | 18 | 18 |
| Hold | 7 | 7 | 7 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 39 | 37 | 41 | 41 | 38 | 38 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $154 → $174 | Strong Buy | Maintains | $154 → $174 | +0.18% | Apr 16, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $165 | Buy | Maintains | $165 | -5.00% | Apr 11, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $168 | Strong Buy | Maintains | $168 | -3.28% | Apr 10, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $160 | Buy | Reiterates | $160 | -7.88% | Apr 10, 2024 |
| BMO Capital | BMO Capital | Buy Reiterates $178 → $185 | Buy | Reiterates | $178 → $185 | +6.51% | Apr 10, 2024 |
Financial Forecast
Revenue This Year
352.58B
from 307.39B
Increased by 14.70%
Revenue Next Year
389.51B
from 352.58B
Increased by 10.47%
EPS This Year
7.01
from 5.80
Increased by 20.95%
EPS Next Year
8.08
from 7.01
Increased by 15.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 368.5B | 418.7B | 456.4B | 518.3B | 559.4B |
| Avg | 352.6B | 389.5B | 424.3B | 469.7B | 505.4B |
| Low | 330.1B | 358.7B | 358.1B | 414.0B | 439.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.9% | 18.8% | 17.2% | 22.2% | 19.1% |
| Avg | 14.7% | 10.5% | 8.9% | 10.7% | 7.6% |
| Low | 7.4% | 1.7% | -8.1% | -2.4% | -6.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.89 | 9.52 | 10.84 | 12.56 | 14.97 |
| Avg | 7.01 | 8.08 | 9.22 | 10.66 | 13.14 |
| Low | 6.03 | 6.75 | 7.37 | 8.55 | 10.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.0% | 35.8% | 34.2% | 36.2% | 40.4% |
| Avg | 20.9% | 15.1% | 14.1% | 15.7% | 23.2% |
| Low | 3.9% | -3.7% | -8.8% | -7.3% | 2.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.