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 |
