Alphabet Class A Stock Today

GOOGL Stock  USD 137.57  6.39  4.44%   

Performance

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Odds Of Distress

Less than 7

 
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Alphabet is selling for 137.57 as of the 26th of February 2024. This is a -4.44 percent down since the beginning of the trading day. The stock's lowest day price was 137.39. Alphabet has only a 7 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Alphabet Class A are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of January 2024 and ending today, the 26th of February 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
19th of August 2004
Category
Communication Services
Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company was founded in 1998 and is headquartered in Mountain View, California. Alphabet operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. The company has 5.89 B outstanding shares of which 49.01 M shares are currently shorted by private and institutional investors with about 1.77 days to cover all short positions. More on Alphabet Class A

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Alphabet Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alphabet's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alphabet or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Alphabet's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Alphabet's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Older SymbolGOOG
CEOLarry Page
Thematic Ideas
Showing 3 out of 5 themes
SEC FilingsAlphabet Security & Exchange Commission EDGAR Reports
Business ConcentrationInteractive Media & Services, Internet Content & Information, Communication Services, SP 500 Index, Nasdaq CTA Artificial, NASDAQ 100 Technology, SP 100 Index, SP 100, Nasdaq 100, NASDAQ 100 Pre, NASDAQ Composite, ARCA Institutional, NASDAQ Composite Total, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, SRI Sustainable Growth, Artificial Intelligence, Millennials Best, Social Domain, Cash Cows, Communication Services, Interactive Media & Services, Internet Content & Information, Communication Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Alphabet report their recommendations after researching Alphabet's financial statements, talking to executives and customers, or listening in on Alphabet's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alphabet Class A. The Alphabet consensus assessment is calculated by taking the average forecast from all of the analysts covering Alphabet.
Financial Strength
Based on the key indicators related to Alphabet's liquidity, profitability, solvency, and operating efficiency, Alphabet Class A may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Alphabet Class A is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted16.2 B15.8 B
Fairly Up
Slightly volatile
Weighted Shares12.3 B12.5 B
Fairly Down
Slightly volatile
Return on Assets0.180.19
Notably Down
Slightly volatile
Net Cash Flow from Operations84.8 B101.7 B
Fairly Down
Slightly volatile
Current Liabilities66.5 B81.8 B
Significantly Down
Slightly volatile
Total Liabilities100.1 B119 B
Fairly Down
Slightly volatile
Gross Margin0.540.566
Sufficiently Down
Slightly volatile
Total Debt21.2 B25.7 B
Significantly Down
Slightly volatile
Asset Turnover0.780.792
Fairly Down
Slightly volatile
Current Assets167 B171.5 B
Fairly Down
Slightly volatile
Total Assets354.3 B402.4 B
Fairly Down
Slightly volatile
Alphabet's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alphabet's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Alphabet's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Alphabet's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alphabet's financial leverage. It provides some insight into what part of Alphabet's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Alphabet's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Alphabet deploys its capital and how much of that capital is borrowed.
Liquidity
Alphabet cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 28.5 B in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Alphabet Class A has a current ratio of 2.75, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Alphabet until it has trouble settling it off, either with new capital or with free cash flow. So, Alphabet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alphabet Class A sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alphabet to invest in growth at high rates of return. When we think about Alphabet's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

84.81 Billion
Alphabet Class A (GOOGL) is traded on NASDAQ Exchange in USA. It is located in 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 and employs 182,502 people. Alphabet Class A was previously known as Alphabet Class C and was traded on NASDAQ Exchange under the symbol GOOG. Alphabet is listed under Interactive Media & Services category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 1.8 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alphabet's market, we take the total number of its shares issued and multiply it by Alphabet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alphabet Class A classifies itself under Interactive Media & Services sector and is part of Communication Services industry. The entity has 5.89 B outstanding shares of which 49.01 M shares are currently shorted by private and institutional investors with about 1.77 days to cover all short positions. Alphabet Class A has accumulated about 21.88 B in cash with 101.75 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.58.
Check Alphabet Probability Of Bankruptcy
Ownership Allocation
Alphabet holds a total of five billion eight hundred ninety-three million one hundred ninety-two outstanding shares. The majority of Alphabet Class A outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Alphabet Class A to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Alphabet. Please pay attention to any change in the institutional holdings of Alphabet Class A as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Alphabet Ownership Details

Alphabet Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Alphabet jumping above the current price in 90 days from now is about 68.99%. The Alphabet Class A probability density function shows the probability of Alphabet stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Alphabet has a beta of 0.5509. This usually indicates as returns on the market go up, Alphabet average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alphabet Class A will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Alphabet Class A is significantly underperforming NYSE Composite.
  Odds Below 137.57HorizonTargetOdds Above 137.57
30.76%90 days
 137.57 
68.99%
Based on a normal probability distribution, the odds of Alphabet to move above the current price in 90 days from now is about 68.99 (This Alphabet Class A probability density function shows the probability of Alphabet Stock to fall within a particular range of prices over 90 days) .

Alphabet Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Alphabet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alphabet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alphabet's value.
InstituionRecorded OnShares
Massachusetts Financial Services Company2023-09-30
54.9 M
Bank Of New York Mellon Corp2023-09-30
52.7 M
Capital Research Global Investors2023-09-30
51.1 M
Amvescap Plc.2023-09-30
47.5 M
Goldman Sachs Group Inc2023-09-30
45.6 M
Fisher Asset Management, Llc2023-09-30
43.7 M
Legal & General Group Plc2023-09-30
40 M
Ameriprise Financial Inc2023-09-30
36.6 M
Deutsche Bank Ag2023-09-30
35.7 M
Vanguard Group Inc2023-09-30
487.4 M
Blackrock Inc2023-09-30
410.9 M
View Alphabet Diagnostics

Alphabet Historical Income Statement

Alphabet Class A Income Statement is one of the three primary financial statements used for reporting Alphabet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alphabet Class A revenue and expense. Alphabet Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Direct Expenses is expected to rise to about 143.9 B this year, although the value of Consolidated Income will most likely fall to about 59.4 B. View More Fundamentals

Alphabet Stock Against Markets

Picking the right benchmark for Alphabet stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alphabet stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alphabet is critical whether you are bullish or bearish towards Alphabet Class A at a given time. Please also check how Alphabet's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Alphabet without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Alphabet Corporate Directors

Alphabet corporate directors refer to members of an Alphabet board of directors. The board of directors generally takes responsibility for the Alphabet's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alphabet's board members must vote for the resolution. The Alphabet board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Paul OtelliniIndependent DirectorProfile
Shirley TilghmanIndependent DirectorProfile
Kavitark ShriramIndependent DirectorProfile
Alan MulallyDirectorProfile

How to buy Alphabet Stock?

Before investing in Alphabet, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alphabet. To buy Alphabet stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alphabet. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Alphabet stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Alphabet Class A stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Alphabet Class A stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alphabet Class A, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Alphabet Stock please use our How to Invest in Alphabet guide.

Already Invested in Alphabet Class A?

The danger of trading Alphabet Class A is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alphabet is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alphabet. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alphabet Class A is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alphabet Class A 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Class A. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Alphabet Class A information on this page should be used as a complementary analysis to other Alphabet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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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Is Alphabet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alphabet. If investors know Alphabet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alphabet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.56
Earnings Share
5.8
Revenue Per Share
24.338
Quarterly Revenue Growth
0.135
Return On Assets
0.1437
The market value of Alphabet Class A is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet's market value can be influenced by many factors that don't directly affect Alphabet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.