Alphabet Inc. (GOOG)
| Market Cap | 2.11T |
| Revenue (ttm) | 318.15B |
| Net Income (ttm) | 82.41B |
| Shares Out | 12.30B |
| EPS (ttm) | 6.52 |
| PE Ratio | 26.32 |
| Forward PE | 23.54 |
| Dividend | $0.80 (0.47%) |
| Ex-Dividend Date | Jun 9, 2024 |
| Volume | 11,787,136 |
| Open | 171.15 |
| Previous Close | 171.16 |
| Day's Range | 169.93 - 172.44 |
| 52-Week Range | 114.93 - 176.42 |
| Beta | 1.02 |
| Analysts | Strong Buy |
| Price Target | 185.89 (+8.34%) |
| Earnings Date | Apr 25, 2024 |
About GOOG
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 i... [Read more]
Financial Performance
In 2023, Alphabet's revenue was $307.39 billion, an increase of 8.68% compared to the previous year's $282.84 billion. Earnings were $73.80 billion, an increase of 23.05%.
Financial StatementsAnalyst Forecast
According to 38 analysts, the average rating for GOOG stock is "Strong Buy." The 12-month stock price forecast is $185.89, which is an increase of 8.34% from the latest price.
News
Google Parent Alphabet Reportedly Advancing Talks To Buy HubSpot as Earnings Top Estimates
Talks for Google parent Alphabet (GOOGL) to acquire HubSpot (HUBS) are reportedly advancing, with the latest news coming as the marketing software provider's results for the first quarter beat estimat...
The case for staying private following Google's corporate backlash after earnings blowout
CNBC's Deirdre Bosa joins 'Power Lunch' to discuss Google's backlash from its employees for buybacks and what it means for the private market.
Google CEO Sundar Pichai explains why he's not doing layoffs in one fell swoop, but in stages
Google is conducting waves of ongoing layoffs intentionally, according to Sundar Pichai. Sundar Pichai said the company is "taking the time to do it correctly and well" in a Bloomberg interview.
Meta and Alphabet's new dividends reward shareholders—especially the founders
Paying a dividend for the first time is a big deal for a giant company that has been focused on growing as rapidly as possible without worrying about sending periodic cash payments to its shareholders...
Report: Alphabet in Continuing Talks to Acquire HubSpot
Google parent company Alphabet is reportedly in continuing talks with HubSpot about acquiring that company. The companies have discussed the potential terms of a deal, although the deliberations are o...
Investing in the future of AI: Tech investor Paul Meeks on the five 'Magnificent 7' stocks he likes
Paul Meeks, Harvest Portfolio Management co-CIO, joins 'Squawk Box' to discuss investing in the future of AI, which of the 'Magnificent Seven' stocks he's in on, and more.
Google employees question executivess over ‘decline in morale' after blowout earnings
CNBC's Becky Quick reports on the latest news.
Google's AlphaFold 3 AI predicts the very building blocks of life
By accurately predicting the interactions between proteins and drug-like molecules, such as ligands and antibodies, AlphaFold 3 could significantly accelerate the development of new and more effective...
Google DeepMind's AlphaFold 3 could speed up drug discovery for diseases
Google Deepmind has unveiled the third major version of its “AlphaFold” artificial intelligence model, designed to help scientists design drugs and target disease more effectively.
Google employees question execs over 'decline in morale' after blowout earnings
At an all-hands meeting last week, Google executives responded to employee questions about declining morale even with financial performance improving.
META, GOOGL, NFLX: Technical Trends & Key Levels
If you hit your earnings, great market response, but if you don't, you really get taken to the woodshed, notes Todd Walsh. He discusses key levels to watch in the markets.
Google DeepMind unveils next-gen AI model for drug discovery
Google DeepMind has introduced the third iteration of its groundbreaking artificial intelligence model, AlphaFold, aimed at enhancing the efficiency and precision of drug design and disease treatment....
Google DeepMind CEO on Drug Discovery, Hype, Isomorphic
Google DeepMind CEO and Co-Founder Demis Hassabis speaks with Bloomberg's Tom Mackenzie about the latest version of the company's AlphaFold AI system (AlphaFold 3), intended to tackle problems in biol...
Google DeepMind CEO Expects AI-Designed Drugs in 'Next Couple of Years'
Google DeepMind CEO and Co-Founder Demis Hassabis says he expects the first AI-designed drugs "in the clinic" in the "next couple of years." Speaking to Bloomberg's Tom Mackenzie at the company's head...
Google fights $17 bln UK lawsuit over adtech practices
Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant's...
Google DeepMind CEO Says AI Underestimated in Long-Term
Google DeepMind CEO and Co-Founder Demis Hassabis tells Bloomberg's Tom Mackenzie that the transformative nature of AI may be over-estimated in the short term, but is under-estimated in the long term....
Google DeepMind unveils next generation of drug discovery AI model
Google Deepmind has unveiled the third major version of its "AlphaFold" artificial intelligence model, designed to help scientists design drugs and target disease more effectively.
Google Deepmind debuts huge AlphaFold update and free proteomics-as-a-service web app
Google Deepmind has taken the wraps off a new version AlphaFold, their transformative machine learning model that predicts the shape and behavior of proteins. AlphaFold 3 is not only more accurate, bu...
Google Unveils A.I. for Predicting Behavior of Human Molecules
The system, AlphaFold3, could accelerate efforts to understand the human body and fight disease.
Big Tech is eating as much data as it can to win in AI — but it's not 'winner takes all,' CEO says
Microsoft, Amazon and Google are spending billions on AI. But Appian CEO Matt Calkins says that ensuring success in the field is "not just about money.
Google Pixel unveils new AI features
CNBC's Deirdre Bosa joins 'Power Lunch' to discuss Google Pixel's AI and search function.
Final Trades: Amazon, Google, Avalonbay and Garmin
The Investment Committee gives you their top stocks to watch for the second half.
What's at Stake in Google Trial on Antitrust Charges
Jennifer Rie, Senior Litigation Analyst at Bloomberg Intelligence, joins the program to discuss what's at stake in the Google trial on antitrust charges. She spoke with Paul Sweeney and Tim Stenovec -...
Alphabet-owned Intrinsic incorporates Nvidia tech into robotics platform
The first bit of news out the Automate conference this year arrives by way of Alphabet X spinout, Intrinsic. The firm announced at the Chicago event on Monday that it is incorporating a number of NVID...
Nvidia and Alphabet's Intrinsic aim to revolutionize next-gen robotics
Nvidia and Alphabet's Intrinsic have teamed up to show off advancements in robotic grasping and industrial scalability.