Alphabet Stock Target Price and Analyst Consensus

GOOG Stock  USD 148.48  6.31  4.44%   
The prevalent analyst and expert consensus on Alphabet is Strong Buy with 32 strong buy estimates. The prevailing projected target price is 135.34 with 59 professional opinions. Some of the most common ways Alphabet Class C analysts use to provide public buy-or-sell recommendation are financial statements evaluation and conference calls analysis. They also talk to Alphabet executives, vendors, and customers. Alphabet buy-or-sell recommendation and consensus module provides average expert sentiment on the projected Alphabet Class C target price to derive its highest and lowest estimates based on target price volatility of 0.0. Check out Macroaxis Advice on Alphabet to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
123.16
Highest Forecast
150.23
Target Price
135.34
At this time, Alphabet's Gross Profit is most likely to increase significantly in the upcoming years. The Alphabet's current Gross Profit Margin is estimated to increase to 0.67, while Pretax Profit Margin is projected to decrease to 0.19. At this time, Alphabet's Other Assets are most likely to increase significantly in the upcoming years. The Alphabet's current Common Stock Shares Outstanding is estimated to increase to about 14 B, while Cash And Short Term Investments are projected to decrease to roughly 65.9 B.
  
It's important to approach Alphabet's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Alphabet Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Alphabet target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Alphabet's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   59  Strong Buy
Most Alphabet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Alphabet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Alphabet Class C, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Alphabet Target Price Projection

Alphabet's current and average target prices are 148.48 and 135.34, respectively. The current price of Alphabet is the price at which Alphabet Class C is currently trading. On the other hand, Alphabet's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Alphabet Market Quote on 19th of March 2024

Low Price148.14Odds
High Price152.93Odds

148.48

Target Price

Analyst Consensus On Alphabet Target Price

Low Estimate123.16Odds
High Estimate150.23Odds

135.34

Historical Lowest Forecast  123.16 Target Price  135.34 Highest Forecast  150.23
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Alphabet Class C and the information provided on this page.

Alphabet Analyst Ratings

Alphabet's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Alphabet stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Alphabet's financials, market performance, and future outlook by experienced professionals. Alphabet's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Alphabet price targets

Alphabet's stock target price is an estimate of its future price, usually made by analysts. Using Alphabet's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Alphabet's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Alphabet's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Alphabet Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Alphabet is a key component of Alphabet valuation and have some predictive power on the future returns of a Alphabet.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Alphabet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Alphabet in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
146.91148.64150.37
Details
Intrinsic
Valuation
LowRealHigh
139.01140.74163.33
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.351.501.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alphabet. Your research has to be compared to or analyzed against Alphabet's peers to derive any actionable benefits. When done correctly, Alphabet's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alphabet Class C.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 500 shares
When determining whether Alphabet Class C is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:
Check out Macroaxis Advice on Alphabet to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Alphabet's price analysis, check to measure Alphabet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alphabet is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
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The data published in Alphabet's official financial statements usually reflect Alphabet's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Alphabet Class C. For example, before you start analyzing numbers published by Alphabet accountants, it's critical to develop an understanding of what Alphabet's liquidity, profitability, and earnings quality are in the context of the Interactive Media & Services space in which it operates.
Please note, the presentation of Alphabet's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alphabet's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Alphabet's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Alphabet Class C. Please utilize our Beneish M Score to check the likelihood of Alphabet's management manipulating its earnings.