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Alphabet Inc. (GOOG)

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167.74 +0.53 (+0.32%)
As of 3:19 PM EDT. Market Open.
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DELL
  • Previous Close 167.21
  • Open 169.20
  • Bid 167.65 x 700
  • Ask 167.84 x 700
  • Day's Range 166.96 - 169.55
  • 52 Week Range 121.46 - 193.31
  • Volume 7,383,855
  • Avg. Volume 17,873,051
  • Market Cap (intraday) 2.056T
  • Beta (5Y Monthly) 1.04
  • PE Ratio (TTM) 24.07
  • EPS (TTM) 6.97
  • Earnings Date Oct 22, 2024 - Oct 28, 2024
  • Forward Dividend & Yield 0.80 (0.48%)
  • Ex-Dividend Date Sep 9, 2024
  • 1y Target Est 200.15

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, devices, 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 and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California.

abc.xyz

179,582

Full Time Employees

December 31

Fiscal Year Ends

Recent News: GOOG

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Related Videos: GOOG

Big Tech's AI-driven nuclear interest to send utilities higher

Nuclear energy is in focus as big tech companies like Alphabet (GOOG, GOOGL) and Microsoft (MSFT) turn to nuclear energy to meet the power-intensive needs of their artificial intelligence (AI) data centers. Durgesh Chopra, Evercore ISI managing director, joins Josh Schafer and Madison Mills on Market Domination to take a look at the energy sector. Chopra says “the single largest catalyst” for independent power producers (IPPs) like Constellation Energy (CEG) and Vista Energy (VIST) is “the need for clean energy, 24/7 energy by these data centers.” The analyst says reopening dormant nuclear plants is “going to be the next big thing” in energy. He notes,” We have to be careful to balance this demand trend that we bring supply on time while also not disrupting the balance of residential customer builds. So I think that's a key challenge. But this is a good position for utilities to be in.” For investors looking to get in on the AI-driven energy boom, Chopra says he doesn’t think the utilities sector is currently overbought. “Some of these IPPs may seem expensive on earnings, but there's a tremendous amount of EPS upside… I think there's more to go.” He expects utilities to outperform the market led by the IPPs by the end of the quarter. Chopra adds that the opportunity in energy stocks is more long-term. “The reality is you build something new today, whether it's a gas plant, whether it's wind, solar storage, small modular reactors, all of these technologies are five to seven years build time… So these things are going to take some time. But they're all additive to earnings and should boost the long-term growth profile of the utility sector.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.

Performance Overview: GOOG

Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

GOOG
19.32%
S&P 500
20.23%

1-Year Return

GOOG
26.15%
S&P 500
35.59%

3-Year Return

GOOG
23.22%
S&P 500
31.62%

5-Year Return

GOOG
183.12%
S&P 500
97.03%

Compare To: GOOG

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: GOOG

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Valuation Measures

Annual
As of 10/3/2024
  • Market Cap

    2.05T

  • Enterprise Value

    1.98T

  • Trailing P/E

    23.99

  • Forward P/E

    19.08

  • PEG Ratio (5yr expected)

    1.13

  • Price/Sales (ttm)

    6.41

  • Price/Book (mrq)

    6.84

  • Enterprise Value/Revenue

    6.02

  • Enterprise Value/EBITDA

    17.12

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    26.70%

  • Return on Assets (ttm)

    15.96%

  • Return on Equity (ttm)

    30.87%

  • Revenue (ttm)

    328.28B

  • Net Income Avi to Common (ttm)

    87.66B

  • Diluted EPS (ttm)

    6.97

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    100.72B

  • Total Debt/Equity (mrq)

    9.55%

  • Levered Free Cash Flow (ttm)

    43.99B

Research Analysis: GOOG

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 84.74B
Earnings 23.62B
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

145.00 Low
200.15 Average
167.74 Current
220.00 High
 

Company Insights: GOOG

Research Reports: GOOG

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  • Alphabet: UK Regulators Home In on the Firm’s Ad-Tech Business

    Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google’s subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google’s cloud computing platform, or GCP, accounts for roughly 10% of Alphabet’s revenue with the firm’s investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.

    Rating
    Price Target
     
  • Alphabet: We Like the Firm Even as It Remains Under the Regulatory Microscope

    Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google’s subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google’s cloud computing platform, or GCP, accounts for roughly 10% of Alphabet’s revenue with the firm’s investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.

    Rating
    Price Target
     
  • Alphabet Earnings: Search and Cloud Growth Remain Impressive

    Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google services account for nearly 90% of Alphabet's revenue, of which more than 85% is from online ads. Other Google services revenue is from sales of apps and content on Google Play and YouTube, as well as sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home. Google's cloud computing offerings account for a bit more than 10% of total Alphabet revenue. Alphabet’s moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.

    Rating
    Price Target
     
  • Search Growth Remains Impressive at Alphabet Despite Potential Longer-Term Threats

    Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google services account for nearly 90% of Alphabet's revenue, of which more than 85% is from online ads. Other Google services revenue is from sales of apps and content on Google Play and YouTube, as well as sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home. Google's cloud computing offerings account for a bit more than 10% of total Alphabet revenue. Alphabet’s moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.

    Rating
    Price Target
     

Top Analysts: GOOG

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Overall Score

Wedbush 66/100
Latest Rating
Outperform
 

Direction Score

Susquehanna 65/100
Latest Rating
Positive
 

Price Score

Tigress Financial 97/100
Latest Rating
Strong Buy
 

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