Shares of Alphabet have moved 3.7% today, and are now trading at a price of $108.38. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 34,535,614 compared to the stock's average volume of 39,860,014.
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. Based in Mountain View, United States the company has 190,234 full time employees and a market cap of $1,393,823,580,160.
The company is now trading -13.41% away from its average analyst target price of $125.16 per share. The 43 analysts following the stock have set target prices ranging from $89.88 to $160.0, and on average give Alphabet a rating of buy.
Over the last year, GOOGL shares have gone down by -23.1%, which represents a difference of -14.0% when compared to the S&P 500. The stock's 52 week high is $137.16 per share and its 52 week low is $83.34. With its gross margins declining an average -0.1% over the last four years, Alphabet may not have a strong enough business to reverse this trend.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 282,836,000 | 126,203,000 | 55.38 | -2.74 |
| 2021-12-31 | 257,637,000 | 110,939,000 | 56.94 | 6.27 |
| 2020-12-31 | 182,527,000 | 84,732,000 | 53.58 | -3.6 |
| 2019-12-31 | 161,857,000 | 71,896,000 | 55.58 | n/a |
