Alphabet Inc. (GOOG)
| Market Cap | 2.13T |
| Revenue (ttm) | 318.15B |
| Net Income (ttm) | 82.41B |
| Shares Out | 12.30B |
| EPS (ttm) | 6.52 |
| PE Ratio | 26.62 |
| Forward PE | 22.91 |
| Dividend | $0.80 (0.46%) |
| Ex-Dividend Date | Jun 10, 2024 |
| Volume | 17,433,895 |
| Open | 176.69 |
| Previous Close | 177.40 |
| Day's Range | 173.23 - 176.73 |
| 52-Week Range | 115.83 - 179.95 |
| Beta | 1.02 |
| Analysts | Buy |
| Price Target | 188.22 (+8.45%) |
| 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 $188.22, which is an increase of 8.45% from the latest price.
News
Report: Google Could Be Inching Back to Augmented Reality
Google is forming a partnership with augmented reality (AR) startup Magic Leap. “We've shipped a couple of different versions of augmented reality devices so far, so we're out there delivering things,...
Google admits massive document leak related to search algorithm is authentic
The documents amount to “the biggest leak that we've ever seen come out of Google for search,” according to Michael King, the CEO of consulting firm iPullRank.
A top secret meeting is kicking off in Madrid with the CEOs of Google DeepMind, Anthropic and Microsoft AI in attendance
AI will once again dominate discussions at the secretive annual Bilderberg Meeting, which kicks off in Madrid, Spain on Thursday. The CEOs of Google DeepMind and Microsoft AI will be joined by the hea...
Exclusive: Google, augmented reality startup Magic Leap strike partnership deal
Alphabet's Google and augmented reality startup Magic Leap are forming a strategic technology partnership and working on building immersive experiences that blend the physical and digital worlds.
Tech Stocks Rally Still Has Legs, BlackRock Says
BlackRock investment strategist Karim Chedid says tech is still being driven by fundamentals and remains of the asset management giant's "key sector overweights." Speaking on Bloomberg Television, he ...
Google to invest $2 bn in Malaysia: government
Google will invest $2 billion in Malaysia to house the firm's first data center in the country, the government said Thursday, making it the latest tech titan to pump cash into the region in search of ...
EU court backs Google, Amazon, Airbnb in Italian rule dispute
Europe's top court on Thursday backed Alphabet's Google, Amazon and Airbnb in their fight against an Italian rule requiring them to provide information on the companies.
Google to invest $2 billion in Malaysia and build data center to capture rising AI demand
Google said it will commit $2 billion in Malaysia and build its first data center and cloud region in the country. The AI boom has boosted demand for cloud computing services and data centers, as larg...
Google to invest $2 bln in data centre and cloud services in Malaysia
Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country, the unit of Alphabet said on Thursday, the latest in a wave of expansion by global te...
Google's AI Overview: 'They might be cannibalizing their own revenue stream,' expert says
Google recently unveiled its overhauled search engine that includes several features powered by artificial intelligence. One of those features, AI Overview, provides users with more direct answers to ...
Match sues Google after being refused the same app-store treatment as Spotify
EDITOR'S NOTE: This article was updated to add proper attribution in the eleventh and twelfth paragraphs.
Game over for Google Stadia
Alphabet Inc.'s GOOGL, -0.01% GOOG, -0.13% Google is shutting down the Stadia cloud-streaming gaming service in mid-January and refunding all Stadia purchases made through the Google Store and the Sta...
Duke Energy signs agreements with Amazon, Google, Microsoft for clean energy supply
Duke Energy on Wednesday announced agreements with Amazon, Google, Microsoft and Nucor to support carbon-free energy generation in response to growing data center demand.
Why This Legendary Value Manager Likes Alphabet and Citigroup Stock
The Oakmark Fund's Bill Nygren says investors can miss out by selling stocks during a bull market run-up. Lately he likes value-priced names such as Citigroup, APA, and General Motors.
HubSpot shares jump on talks of potential Google deal
HubSpot shares rose on Tuesday after CNBC's David Faber reported that Alphabet is in talks about an all-stock bid for the company. Reports of a potential deal surfaced in April, when Reuters published...
Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal
A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of...
Google Shifts Focus From ‘Moonshots' to Core Products
Google has reportedly shifted its focus from “moonshot” projects to core products like its search engine and artificial intelligence (AI) businesses. This change comes at a time of shrinking budgets a...
Argentine President Milei to meet Apple, Google, Meta CEOs in US
Argentina's President Javier Milei is set to meet with top-level executives from Google , Meta and Apple during a trip to the United States this week, his spokesman Manuel Adorni said on Monday.
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.
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.