Alphabet Inc. (GOOGL)
NASDAQ: GOOGL · Real-Time Price · USD
157.46
+2.77 (1.79%)
At close: Sep 13, 2024, 4:00 PM
157.20
-0.26 (-0.17%)
After-hours: Sep 13, 2024, 6:54 PM EDT
Stock Price Forecast
The 37 analysts with 12-month price forecasts for Alphabet stock have an average target of 198.7, with a low estimate of 129 and a high estimate of 240. The average target predicts an increase of 26.19% from the current stock price of 157.46.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $129 | $198.7 | $204 | $240 |
| Change | -18.07% | +26.19% | +29.56% | +52.42% |
Analyst Ratings
The average analyst rating for Alphabet stock from 39 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 16 | 15 | 14 | 14 | 14 | 14 |
| Buy | 16 | 16 | 16 | 17 | 16 | 15 |
| Hold | 7 | 8 | 9 | 9 | 8 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 39 | 39 | 39 | 40 | 38 | 39 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Initiates $170 | Hold | Initiates | $170 | +7.96% | Sep 10, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $206 → $200 | Buy | Reiterates | $206 → $200 | +27.02% | Sep 10, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Initiates $190 | Hold | Initiates | $190 | +20.67% | Sep 5, 2024 |
| Wedbush | Wedbush | Buy Reiterates $205 | Buy | Reiterates | $205 | +30.19% | Sep 5, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $205 → $190 | Buy | Maintains | $205 → $190 | +20.67% | Sep 3, 2024 |
Financial Forecast
Revenue This Year
Increased by 16.40%
from 307.39B
Revenue Next Year
397.88B
from 357.79B
Increased by 11.20%
from 357.79B
EPS This Year
7.89
from 5.80
Increased by 35.94%
from 5.80
EPS Next Year
8.98
from 7.89
Increased by 13.91%
from 7.89
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | ||
| Revenue | 161.86B | 182.53B | 257.64B | 282.84B | 307.39B | 357.79B | 397.88B | 440.93B | ||
| Revenue Growth | 18.30% | 12.77% | 41.15% | 9.78% | 8.68% | 16.40% | 11.20% | 10.82% | ||
| EPS | 2.46 | 2.93 | 5.61 | 4.56 | 5.80 | 7.89 | 8.98 | 10.36 | ||
| EPS Growth | 12.49% | 19.22% | 91.43% | -18.76% | 27.28% | 35.94% | 13.91% | 15.31% | ||
| Forward PE | - | - | - | - | - | 19.97 | 17.53 | 15.20 | ||
| No. Analysts | - | - | - | - | - | 59 | 59 | 37 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 368.8B | 420.5B | 476.2B | ||
| Avg | 357.8B | 397.9B | 440.9B | ||
| Low | 335.2B | 371.4B | 411.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.0% | 17.5% | 19.7% | ||
| Avg | 16.4% | 11.2% | 10.8% | ||
| Low | 9.1% | 3.8% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.38 | 10.29 | 11.80 | ||
| Avg | 7.89 | 8.98 | 10.36 | ||
| Low | 7.10 | 7.91 | 8.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 44.5% | 30.5% | 31.4% | ||
| Avg | 35.9% | 13.9% | 15.3% | ||
| Low | 22.3% | 0.3% | -0.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
