Alphabet Inc. (GOOGL)
| Market Cap | 2.19T |
| Revenue (ttm) | 318.15B |
| Net Income (ttm) | 82.41B |
| Shares Out | 12.41B |
| EPS (ttm) | 6.52 |
| PE Ratio | 27.57 |
| Forward PE | 23.73 |
| Dividend | $0.80 (0.45%) |
| Ex-Dividend Date | Jun 10, 2024 |
| Volume | 2,698,902 |
| Open | 176.22 |
| Previous Close | 175.01 |
| Day's Range | 178.15 - 180.13 |
| 52-Week Range | 115.35 - 178.77 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 189.81 (+5.59%) |
| Earnings Date | Jul 23, 2024 |
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, 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 GOOGL stock is "Buy." The 12-month stock price forecast is $189.81, which is an increase of 5.59% from the latest price.
News
Alphabet Hits All-Time Highs.
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are ...
Google to test anti-theft AI feature for phones in Brazil
Alphabet's Google said on Tuesday that Brazil will be the first country to test an anti-theft feature for Android phones that uses artificial intelligence (AI) to identify when a phone has been stolen...
How Apple used Google's help to train its AI models
On stage on Monday CEO Tim Cook's Apple announced a splashy deal with OpenAI to include its powerful artificial intelligence model as a part of its voice assistant, Siri.
Oracle's stock soars as upbeat guidance, Google deal outweigh earnings miss
Oracle Corp. shares were shooting more than 9% higher in Tuesday's extended session after the company delivered upbeat guidance that seemed to overshadow an earnings miss for the latest quarter.
Oracle shares jump on Google and OpenAI deals despite earnings miss
Oracle's results came in a bit light, but it pointed to new business from Microsoft-backed OpenAI. The company will issue guidance on a conference call.
Google's AI Future Bright with Potential iOS Integration and Expense Management, Says BofA Analyst
BofA Securities analyst Justin Post reiterated Alphabet Inc GOOG GOOGL with a Buy rating and a $200 price target.
Altimeter CEO Brad Gerstner shares his outlook on Alphabet and Amazon
Brad Gerstner, founder of Altimeter Capital, joins CNBC's Halftime Report to discuss Alphabet and Amazon.
Why Google is one of the big winners from Apple's WWDC
With Wall Street worried about the durability of Google search in the artificial-intelligence era, Apple Inc.'s Worldwide Developers Conference presentation offered relief.
Alphabet To Rally Over 28%? Here Are 10 Top Analyst Forecasts For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Morning Minute: Tuesday, June 11
Apple (AAPL) announces new A.I. initiatives, Eli Lilly (LLY) stock is on the move after its Alzheimer's drug gets positive news and Alphabet (GOOGL) receives positive analyst notes.
Apple confirms plans to work with Google's Gemini ‘in the future'
Following a keynote presentation that both introduced Apple Intelligence and confirmed a partnership that brings GPT access to Siri through an deal with OpenAI, SVP Craig Federighi confirmed plans to ...
How Apple and Google Are Overhauling Our Phones With AI
Apple and Google are getting up close and personal with user data to craft memos, summarize documents and generate images.
Report: Google's in-House AI Development May Be Competitive Edge
Microsoft is reportedly effectively outsourcing its best AI research and development to OpenAI, a move that could have significant implications for the AI landscape. Todd McKinnon, CEO of cybersecurit...
AMD, Microsoft, Alphabet, and Other Tech Stocks in Focus
Advanced Micro Devices was hit after analysts at Morgan Stanley downgraded the chip maker's stock to Equal Weight from Overweight.
Microsoft is outsourcing its best AI, tech CEO says — and that's good news for Google
Microsoft is effectively outsourcing all of its best artificial intelligence research and development (R&D) to OpenAI, according to Todd McKinnon, CEO of cybersecurity firm Okta. McKinnon told CNBC th...
Turkey competition board fines Google 482 million lira over hotel searches
The Turkish competition authority said on Monday that it imposed a fine of around 482 million lira ($14.85 million) on Google over its failure to fulfill obligations related to hotel searches.
Robotaxis Are Retaking the Streets. Why Some Say They Need to Slow Down.
Elon Musk will unveil Tesla's driverless taxi in August. Safety experts say the technology is nowhere near ready for prime time.
Google's new CFO Anat Ashkenazi raked in a nearly $10 million signing bonus
Alphabet, Inc. on Wednesday announced the appointment of its new CFO, Anat Ashkenazi. Ashkenazi previously worked at Eli Lilly for more than two decades.
Google Succeeds in Getting Antitrust Trial Heard by Judge
Google parent Alphabet's trial on antitrust charges around its advertising technology will be decided by a judge rather than a jury. Judge Leonie Brinkema ruled Friday (June 7) after Alphabet paid the...
Amazon, Best Buy, Google may soon sell home smart devices, from door cams to TVs, speakers and appliances, with 'hacker-safe' label
The FCC's Cyber Trust Mark program — which does not have an official launch date yet — is intended to protect personal smart devices and has commitments from Amazon, Best Buy and Google. A 'U.S. Cyber...
Google dodges jury trial over alleged advertising dominance — here's why
Friday's ruling means Google will face a non-jury trial in the lawsuit, which seeks primarily to break up its digital advertising business to allow for more competition.
Judge rules Google will not face jury trial in US digital ads case
Alphabet's Google will not face a jury trial over its alleged digital advertising dominance after the company wrote a check to the United States to cover monetary damages, a federal judge ruled on Fri...
Banks say growing reliance on Big Tech for AI carries new risks
The boom in artificial intelligence will increase banks' dependence on big U.S. tech firms, creating new risks for the industry, European banking executives said.
Just 3 Stocks Rule the Market. Why You Should Be Worried.
Microsoft, Nvidia, and Apple now account for some 20% of the S&P 500. It's now much harder than ever to make the argument that the winner's circle is sufficiently diversified.