What the Smart Investors Know About Alphabet

Large-cap Technology company Alphabet has logged a -2.6% change today on a trading volume of 10,036,504. The average volume for the stock is 26,135,553.

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 190,711 full time employees and a market cap of $1,516,394,381,312.

The company is now trading -7.46% away from its average analyst target price of $129.44 per share. The 9 analysts following the stock have set target prices ranging from $120.0 to $145.0, and on average give Alphabet a rating of buy.

Over the last year, GOOG shares have gone up 5.5%, which represents a difference of -6.0% when compared to the S&P 500. The stock's 52 week high is $129.55 per share whereas its 52 week low is $83.45. Based on Alphabet's compounded average operating margin growth of 4.5% over the last 4 years, its core business remains strong and its strong stock performance may continue in the long term.

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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.