Alphabet Inc. with ticker code (GOOG) now have 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price High/Low ranges between 135 and 115 with the average target price sitting at $123.80. Given that the stocks previous close was at $91.01 this now indicates there is a potential upside of 36.0%. The 50 day MA is $94.68 while the 200 day moving average is $102.63. The total market capitalization for the company now stands at $1,171,268m. Company Website: https://www.abc.xyz
The potential market cap would be $1,593,264m based on the market concensus.
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, hardware, 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 store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, cybersecurity, data, analytics, AI, and machine learning, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 20.83, revenue per share of 21.65 and a 12.91% return on assets.
