
Alphabet (GOOG) Stock Forecast & Price Target
Alphabet (GOOG) Analyst Ratings
Bulls say
Alphabet's positive outlook is bolstered by the recent Department of Justice (DOJ) ruling, which alleviates medium-term concerns related to regulatory scrutiny, enhancing investor sentiment regarding the company's valuation. Furthermore, the Google Cloud division is nearing profitable growth, positioning Alphabet favorably against major industry peers like Microsoft and Amazon, who trade at higher valuation multiples. The company's diversified revenue streams, primarily driven by advertising and supplemented by promising ventures in cloud computing and innovative technologies, support a robust financial foundation for sustained growth.
Bears say
The excerpts highlight a negative outlook on Alphabet's stock primarily due to potential declines in advertising revenue stemming from altered advertiser budgets and a possible consumer spending slowdown. Furthermore, significant risks to the Google Cloud Platform (GCP) are noted, as competition from major players like AWS and Microsoft Azure may adversely impact growth in this sector. Lastly, mounting pressures from privacy regulations, increased operational spending, and the shift in search dynamics towards mobile devices and AI technologies present additional challenges that could hinder Alphabet's financial performance.
This aggregate rating is based on analysts' research of Alphabet and is not a guaranteed prediction by Public.com or investment advice.
Alphabet (GOOG) Analyst Forecast & Price Prediction
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