What the Smart Investors Know About Alphabet

Large-cap Technology company Alphabet has logged a 0.4% change today on a trading volume of 7,197,500. The average volume for the stock is 22,418,336.

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 182,381 full time employees and a market cap of $1,714,448,236,544.

The company is now trading 2.7% away from its average analyst target price of $134.09 per share. The 10 analysts following the stock have set target prices ranging from $119.32 to $146.85, and on average give Alphabet a rating of buy.

Over the last 52 weeks, GOOG stock has risen 53.1%, which amounts to a 29.0% difference compared to the S&P 500. The stock's 52 week high is $142.38 whereas its 52 week low is $85.57 per share. Based on Alphabet's average net margin growth of 0.3% over the last 0 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%)
2023 297,132,000 66,732,000 22
2022 282,836,000 59,972,000 21
2021 257,637,000 76,033,000 30
2020 182,527,000 40,269,000 22
2019 161,857,000 34,343,000 21
2018 136,819,000 30,736,000 22
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.

IN FOCUS