Alphabet Inc. (GOOG)
| Market Cap | 2.17T |
| Revenue (ttm) | 318.15B |
| Net Income (ttm) | 82.41B |
| Shares Out | 12.30B |
| EPS (ttm) | 6.52 |
| PE Ratio | 27.04 |
| Forward PE | 23.29 |
| Dividend | $0.80 (0.45%) |
| Ex-Dividend Date | Jun 10, 2024 |
| Volume | 11,384,886 |
| Open | 176.52 |
| Previous Close | 175.06 |
| Day's Range | 175.20 - 177.30 |
| 52-Week Range | 115.83 - 179.95 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 187.30 (+6.22%) |
| Earnings Date | Jul 23, 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 39 analysts, the average rating for GOOG stock is "Buy." The 12-month stock price forecast is $187.3, which is an increase of 6.22% from the latest price.
News
Cats on the moon? Google's AI tool is producing misleading responses that have experts worried
Ask Google if cats have been on the moon and it used to spit out a ranked list of websites so you could discover the answer for yourself.
Mag 7 Stocks & Nvidia's (NVDA) Dominant Role in the S&P 500
Alphabet (GOOGL) is trading 20X forward and will have ~30% EPS growth if they hit targets, notes Quint Tatro. He and Paul Marino analyze the performance of the Magnificent 7 stocks.
Google tweaking AI Overview after search result gaffes
Google on Friday said it is taking "swift action" to improve AI summaries of search results, after users mocked blunders like Barack Obama being the first Muslim US president.
Google AI Overviews Search Errors Cause Furor Online
The company's latest A.I. search feature has erroneously told users to eat glue and rocks, sparking a backlash among users.
Airlines, hotels, retailers fear being left out in Google's search changes
Lobbying groups representing airlines, hotels and retailers have urged European Union tech regulators to ensure that Google takes their views into account, and not just large intermediaries, when maki...
Feds add nine more incidents to Waymo robotaxi investigation
Federal safety regulators have discovered nine more incidents that raise questions about the safety of Waymo's self-driving vehicles operating in Phoenix and San Francisco.
Google to Invest in Flipkart, Help Modernize Digital Infrastructure
Google plans to invest in Indian digital commerce company Flipkart. The move will make Google a minority investor in Flipkart's latest funding round, which is led by Walmart, Flipkart said in a Friday...
Google criticized as AI Overview makes obvious errors, saying President Obama is Muslim and that it's safe to leave dogs in hot cars
It's been less than two weeks since Google debuted "AI Overviews" in Google Search, and public criticism has mounted after queries have returned nonsensical or inaccurate results within the AI feature...
How Google's Early Bet On AI Has Catapulted The Stock To Record Highs And A 24% Rise For 2024 - Alphabet (NASDAQ:GOOGL)
Long before AI chatbots like ChatGPT gained public attention, Alphabet Inc Class A GOOGL was already using AI in key areas like Google Docs, Gmail, and its advertising platforms, which are major reven...
Google to invest $350 mln in India's Flipkart, valuing co at $37 bln, source says
Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at $37 billion, a source with direct knowledge of the matter told Reut...
US safety probe into Waymo self-driving vehicles finds more incidents
The National Highway Traffic Safety Administration said Friday it has learned of nine additional incidents that raise concerns about the performance of Alphabet's Waymo self-driving vehicles.
Alphabet, Meta Try to Partner With Hollywood on AI
Alphabet Inc. and Meta Platforms Inc. have held discussions with major Hollywood studios about licensing content for use in the tech giants' artificial intelligence video generation software, accordin...
Google AI search tool reportedly tells users to jump off a bridge and eat rocks
Firm's AI overviews feature has been rolled out to users in US, but many have reported strange responses
Google invests $350 million in India's Flipkart
Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Indian e-commerce startup.
Elon Musk denies report SpaceX may make tender offer with $200 billion valuation
Elon Musk has dismissed a report that his privately held SpaceX aerospace company is considering selling shares.
Itochu unit signs renewable energy agreement with Google in Japan
Itochu said on Friday it signed a long-term power supply agreement with Google to help the search engine company achieve its renewable energy goals in Japan.
Judge weighs proposed changes to Google's Android app store to prevent anticompetitive tactics
SAN FRANCISCO — Google tried to confront the latest in a succession of legal attacks on its digital empire on Thursday as federal judge began to address anticompetitive practices in the app market for...
Google has proven it's not AI roadkill, says Evercore ISI's Mark Mahaney
Google has proven it's not AI roadkill, says Evercore ISI's Mark Mahaney
Google ties up with Foxconn to make Pixel phones in India, sources say
Alphabet's Google is planning to make its Pixel smartphone in India's southern state of Tamil Nadu and has tied up with Taiwan's Foxconn , two sources with direct knowledge said on Thursday.
Google to build first subsea fibre optic cable connecting Africa with Australia
Google is preparing to build what will be the first subsea fibre optic cable connecting the continents of Africa and Australia.
Google acquiring HubSpot would bolster bid to challenge Microsoft
Google parent Alphabet's potential acquisition of HubSpot , a U.S. marketing software maker with a market value of $31 billion, would boost its ability to compete against Microsoft in offering cloud-b...
Embattled AI firm Appen loses more executives, months after Alphabet cut ties
Appen, the Australian AI firm that once helped train AI models for tech behemoths including Microsoft, Nvidia and Google, has lost its chief revenue officer and chief marketing officer. The departures...
Microsoft and Google Are in an AI War. These Stocks Benefit From the Arms Race.
Combined capital investment at the two enormous tech companies is expected to exceed $100 billion next year. These companies will benefit from that spending.
Google, Meta, Microsoft, and Salesforce pledge to contract for up to 20M tons of high-quality nature-based carbon removal credits by 2030
NEW YORK--(BUSINESS WIRE)--Today, Google, Meta, Microsoft, and Salesforce announce the Symbiosis Coalition, an advance market commitment for nature-based removal credits in the voluntary carbon market...
China's Honor will have Google AI features, including Gemini, on its upcoming smartphones
Chinese smartphone maker Honor on Wednesday said it will bring Google's artificial intelligence features to its upcoming devices.