Alphabet (Google) Class CGOOG
Market Cap: 2.08T
About: 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.
Employees: 180,895
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
15% more call options, than puts
Call options by funds: $12.7B | Put options by funds: $11B
6% more capital invested
Capital invested by funds: $477B [Q4 2023] → $503B (+$26.3B) [Q1 2024]
0% more first-time investments, than exits
New positions opened: 203 | Existing positions closed: 202
0% more funds holding
Funds holding: 3,820 [Q4 2023] → 3,821 (+1) [Q1 2024]
0.82% less ownership
Funds ownership: 59.13% [Q4 2023] → 58.3% (-0.82%) [Q1 2024]
3% less funds holding in top 10
Funds holding in top 10: 758 [Q4 2023] → 737 (-21) [Q1 2024]
12% less repeat investments, than reductions
Existing positions increased: 1,454 | Existing positions reduced: 1,648
Research analyst outlook
7 Wall Street Analysts provided 1 year price forecasts over the past 6 months
7 analyst ratings
Oppenheimer Jason Helfstein | 25%upside $210 | Outperform Maintained | 24 Jul 2024 |
TD Cowen John Blackledge | 30%upside $220 | Buy Maintained | 10 Jul 2024 |
Stifel Mark Kelley | 3%upside $174 | Buy Maintained | 16 Apr 2024 |
Morgan Stanley Brian Nowak | 2%downside $165 | Overweight Maintained | 11 Apr 2024 |
Oppenheimer Jason Helfstein | 10%upside $185 | Outperform Maintained | 8 Apr 2024 |
Financial journalist opinion
Based on 465 articles about GOOG published over the past 30 days