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Alphabet Class C (GOOG)
NASDAQ:GOOG
Alphabet Class C (GOOG) Stock Price & Analysis
52,215 Followers
GOOG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$115.70 - $187.50
Previous Close$184.49
Volume12.56M
Average Volume (3M)19.38M
Market Cap
$2.27T
Enterprise Value$2.19T
Total Cash (Recent Filing)$108.09B
Total Debt (Recent Filing)$25.18B
Price to Earnings (P/E)28.3
Beta1.29
Next Earnings
Jul 23, 2024EPS Estimate
$1.83Last Dividend Ex-Date
Jun 10, 2024Dividend Yield0.11%
Share Statistics
EPS (TTM)6.52
Shares Outstanding12,358,000,000
10 Day Avg. Volume19,961,103
30 Day Avg. Volume19,378,625
Standard Deviation0.08
R-Squared0.47
Alpha0.00982
Financial Highlights & Ratios
Price to Book (P/B)8.45
Price to Sales (P/S)11.73
Price to Cash Flow (P/CF)19.30
P/FCF Ratio32.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.88
Enterprise Value/Gross Profit12.58
Enterprise Value/Ebitda20.22
Forecast
1Y Price Target
$192.17Price Target Upside2.98% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Alphabet Class C News
PremiumMarket News
Apple and Meta Mull AI Partnership
Bulls Say, Bears Say
Bulls Say
AI AdvancementsGoogle has strengthened its position in GenAI as evident by advancements and rollouts, such as AI Overviews in Search and Project Astra.
Operational EfficiencyMachine costs associated with SGE responses have decreased by 80%, showcasing Google's ability to manage operational costs effectively.
Strategic UpdatesImportant strategic updates including 'growing contribution' from AI in GCP, commitment to durable cost improvements, and rising search usage.
Bears Say
Capital ExpendituresCapex came in higher than the Street at $12B with the remaining quarters to be at or above those levels indicating $48B+ of capex.
CompetitionThe growing likelihood of an Apple-OpenAI partnership around GenAI is a concern for investors as it could create more competition.
Investor SentimentRecent positive investor sentiment has faded due to early inaccuracies in AI Overviews and news about a potential Apple-OpenAI partnership.
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Ownership Overview
7.29% Insiders
18.83% Mutual Funds
15.62% Other Institutional Investors
58.26% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GOOG FAQ
What was Alphabet Class C’s price range in the past 12 months?
Alphabet Class C lowest stock price was $115.70 and its highest was $187.50 in the past 12 months.
What is Alphabet Class C’s market cap?
Currently, no data Available
When is Alphabet Class C’s upcoming earnings report date?
Alphabet Class C’s upcoming earnings report date is Jul 23, 2024 which is in 20 days.
How were Alphabet Class C’s earnings last quarter?
Alphabet Class C released its earnings results on Apr 25, 2024. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.511 by $0.379.
Is Alphabet Class C overvalued?
According to Wall Street analysts Alphabet Class C’s price is currently Undervalued.
Does Alphabet Class C pay dividends?
Alphabet Class C pays a Notavailable dividend of $0.2 which represents an annual dividend yield of 0.11%. See more information on Alphabet Class C dividends here
What is Alphabet Class C’s EPS estimate?
Alphabet Class C’s EPS estimate is $1.83.
How many shares outstanding does Alphabet Class C have?
Alphabet Class C has 5,617,000,000 shares outstanding.
What happened to Alphabet Class C’s price movement after its last earnings report?
Alphabet Class C reported an EPS of $1.89 in its last earnings report, beating expectations of $1.511. Following the earnings report the stock price went up 9.964%.
Which hedge fund is a major shareholder of Alphabet Class C?
Among the largest hedge funds holding Alphabet Class C’s share is Dodge & Cox. It holds Alphabet Class C’s shares valued at 5B.
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Alphabet Class C Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$192.17 (2.98% Upside)
$192.17 (2.98% Upside)
Blogger Sentiment
Bullish
GOOG Sentiment 93%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 3.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $25.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.68%
12-Months-Change
Fundamentals
Return on Equity
29.76%
Trailing 12-Months
Asset Growth
10.25%
Trailing 12-Months
Company Description
Alphabet Class C
Alphabet is a holding company, with Google, the Internet media giant, as a wholly owned subsidiary. Google accounts for 99% of Alphabet's revenue, of which, substantial revenue is generated from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud services fees and other licensing revenue. Google also sells hardware products like Chromebooks, the Pixel smartphone, and smart homes products, which include Nest and Google Home. Alphabet's Other Bets business is comprised of moonshot investments in Access, Calico, CapitalG, GV, Verily, Waymo, X and others.
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GOOG Earnings Call
Q1 2024
0:00 / 0:00
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GOOG Revenue Breakdown
56.94% Google Search & other
11.28% Google subscriptions, platforms, and devices
10.76% Google Cloud
10.25% YouTube ads
10.76% Other
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GOOG Stock 12 Month Forecast
Average Price Target
$192.17
▲(2.98% Upside)
Technical Analysis
Best Analysts Covering GOOG
1 Year
1 Year Success Rate
17/20 ratings generated profit
1 Year Average Return
+33.65%
reiterated a buy rating 2 months ago
Copying Jason Helfstein's trades and holding each position for 1 Year would result in 85.00% of your transactions generating a profit, with an average return of +33.65% per trade.
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