Alphabet Inc. (GOOGL)
Market Cap | 1.66T |
Revenue (ttm) | 297.13B |
Net Income (ttm) | 66.73B |
Shares Out | 12.58B |
EPS (ttm) | 5.22 |
PE Ratio | 25.26 |
Forward PE | 19.79 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 26,145,329 |
Open | 131.86 |
Previous Close | 132.53 |
Day's Range | 130.67 - 132.11 |
52-Week Range | 84.86 - 141.22 |
Beta | 1.05 |
Analysts | Strong Buy |
Price Target | 143.08 (+8.51%) |
Earnings Date | Oct 24, 2023 |
About GOOGL
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, hardware, 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 store; and Fitbit wearable devices, G... [Read more]
Financial Performance
In 2022, Alphabet's revenue was $282.84 billion, an increase of 9.78% compared to the previous year's $257.64 billion. Earnings were $59.97 billion, a decrease of -21.12%.
Financial StatementsAnalyst Forecast
According to 39 analysts, the average rating for GOOGL stock is "Strong Buy." The 12-month stock price forecast is $143.08, which is an increase of 8.51% from the latest price.
News

Google has quietly pushed back the launch of next-gen AI model Gemini until next year, report says
The launch of Google's anticipated AI model, Gemini, has been delayed, The Information reported. Gemini's debut was pushed to early 2024 over issues handling non-English prompts, per the outlet.

Tech Stocks Look Set to Drop. Here's Why.
The Nasdaq 100 is down almost 1% from its closing high for this year. hit just over a week ago.

Behind the tech boom: Big price leaders selectively laying off
Technology stocks led the market in the past month, with the Technology Select Sector SPDR Fund NYSEARCA: XLK advancing 14.75%, versus the SPDR S&P 500 ETF Trust NYSEARCA: SPY's return of 10.52%.
Tech companies are printing money on money, says Sophie Lund-Yates
Sophie Lund-Yates, Senior Equity Analyst at Hargreaves Landsdown, discusses tech's November to remember.
Tech stocks going to outperform non-tech in 2024, says Altimeter's Brad Gerstner
Brad Gerstner, Altimeter Capital founder and CEO, joins 'Halftime Report' to discuss tech vs. non-tech performance, the outlook for 2024, and more.
Google won't be able to replicate search dominance in AI, says Altimeter's Brad Gerstner
Brad Gerstner, Altimeter Capital founder and CEO, joins 'Halftime Report' to discuss tech vs. non-tech performance, the outlook for 2024, and more.

Google AI Discovers 800 Years' Worth of Industrial Materials in One Click
The future of industrial material sciences is starting to crystallize — literally. Google published a research paper Wednesday (Nov. 29) unveiling more than 2 million hypothetical material designs, ea...

Google could delete your old Gmail account as soon as Friday
Google accounts that haven't been used in the last two years will be deleted under the company's new inactive account policy.

UK to launch an Online Fraud Charter with 11 major tech companies including TikTok, Snapchat and YouTube
The UK is to launch an Online Fraud Charter with 11 major tech companies in a "world-first" initiative to combat scams, fake adverts and romance fraud.

Google to pay Canada news publishers $73m a year to keep news in search
Deal resolves tech giant's concerns over Online News Act, which makes big companies share advertising revenue with publishers

The ‘Magnificent Seven' is like the ‘Nifty 50'? If only they could be so lucky.
The “Nifty 50” were pretty nifty, after all. This group of 50 blue-chip U.S. stocks dominated the bull market of the early 1970s and traded for sky-high P/E ratios.

Google to pay $100M a year to Canadian news outlets in last-minute deal: report
Google had threatened to block Canadian news sites from its search results if a new law came into effect.

Ottawa, Google reach deal to support Canadian media
The Canadian government and Google have reached a deal to support the country's media, heading off an imminent threat by the digital giant to block news on its platform, sources said on Wednesday.

Canada, Google reach agreement to resolve online news law dispute -CBC News
The Canadian government and Google have reached an agreement in their dispute over the country's online news law, the Canadian Broadcasting Corp reported on Wednesday, citing sources.

Google Bard lead debunks ‘natural fear' of AI's development: 'Computers do things with you'
Google Bard product lead Jack Krawczyk addressed growing fears among the public about AI in an interview with FOX Business — and said Bard has been safely incorporated into the workplace.

Wall Street strategists actually called 2023 correctly — apart from these seven stocks
As Wall Street strategists roll out their 2024 forecasts, they've been getting plenty of side-eye for largely steering their clients wrong on where stocks would end up in 2023.

Google Maps changed colors and some people are upset, including a former designer
Google Maps now has grey roads, teal water, and mint-green parks. The change happened some time ago, but was widely noticed over Thanksgiving travel season.

Tech's New Normal: Microcuts Over Growth at All Costs
Amazon, Google, Microsoft and Meta are making strategic trims even as they rebound from the tech downturn.
MAMA: Microsoft, Alphabet, Meta, Amazon will be the big leaders in AI, says portfolio manager
Brian Stutland of Equity Armor Investments explains why he likes MAMA stocks - Microsoft, Alphabet, Meta and Amazon.

Google Will Start Purging Inactive Accounts On Friday—Here's What You Need To Know
Accounts that have seen no activity in the past two years may be deleted along with all their data, Google has warned.

Google will start deleting 'inactive' accounts in December. Here's what you need to know
Have a Google account you haven't used in a while? If you want to keep it from disappearing, you should sign in before the end of the week.

Top Wall Street analysts recommend these stocks for a long-term horizon
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Alphabet and Intel.