Alphabet Inc. (GOOGL)
NASDAQ: GOOGL · IEX Real-Time Price · USD
176.06
+1.88 (1.08%)
At close: May 17, 2024, 4:00 PM
176.84
+0.78 (0.44%)
Pre-market: May 20, 2024, 8:50 AM EDT
Alphabet Stock Forecast
Stock Price Forecast
The 37 analysts with 12-month price forecasts for Alphabet stock have an average target of 187.3, with a low estimate of 129 and a high estimate of 225. The average target predicts an increase of 6.38% from the current stock price of 176.06.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Alphabet stock from 39 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 15 | 15 | 13 | 16 | 15 |
| Buy | 17 | 19 | 19 | 18 | 16 | 16 |
| Hold | 7 | 7 | 7 | 7 | 7 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 37 | 41 | 41 | 38 | 39 | 39 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $195 | Buy | Maintains | $195 | +10.76% | May 15, 2024 |
| BMO Capital | BMO Capital | Buy Reiterates $215 | Buy | Reiterates | $215 | +22.12% | May 15, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $200 | Buy | Reiterates | $200 | +13.60% | May 15, 2024 |
| Stifel | Stifel | Strong Buy Maintains $196 | Strong Buy | Maintains | $196 | +11.33% | May 15, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $155 → $170 | Hold | Maintains | $155 → $170 | -3.44% | May 1, 2024 |
Financial Forecast
Revenue This Year
352.58B
from 307.39B
Increased by 14.70%
Revenue Next Year
389.51B
from 352.58B
Increased by 10.47%
EPS This Year
7.01
from 5.80
Increased by 20.95%
EPS Next Year
8.08
from 7.01
Increased by 15.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 368.5B | 418.7B | 456.4B | 509.4B | 564.0B |
| Avg | 352.6B | 389.5B | 424.3B | 475.1B | 521.7B |
| Low | 330.1B | 358.7B | 358.1B | 428.2B | 457.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.9% | 18.8% | 17.2% | 20.1% | 18.7% |
| Avg | 14.7% | 10.5% | 8.9% | 12.0% | 9.8% |
| Low | 7.4% | 1.7% | -8.1% | 0.9% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.89 | 9.52 | 10.84 | 14.13 | 17.63 |
| Avg | 7.01 | 8.08 | 9.22 | 11.82 | 14.41 |
| Low | 6.03 | 6.75 | 7.37 | 9.13 | 9.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.0% | 35.8% | 34.2% | 53.3% | 49.1% |
| Avg | 20.9% | 15.1% | 14.1% | 28.2% | 21.9% |
| Low | 3.9% | -3.7% | -8.8% | -0.9% | -17.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.