GOOGL stock icon

Alphabet (Google) Class A
GOOGL

$167
0.24%

Market Cap: 2.06T

 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 89 analysts
0
News positive %
of 451 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

14% more repeat investments, than reductions

Existing positions increased: 1,942 | Existing positions reduced: 1,698

5% more capital invested

Capital invested by funds: $697B [Q4 2023] → $734B (+$36.6B) [Q1 2024]

6% more first-time investments, than exits

New positions opened: 223 | Existing positions closed: 210

0% more funds holding

Funds holding: 4,236 [Q4 2023] → 4,249 (+13) [Q1 2024]

5% less call options, than puts

Call options by funds: $18.3B | Put options by funds: $19.4B

1% less funds holding in top 10

Funds holding in top 10: 1,158 [Q4 2023] → 1,144 (-14) [Q1 2024]

1.24% less ownership

Funds ownership: 76.99% [Q4 2023] → 75.75% (-1.24%) [Q1 2024]

Research analyst outlook

89 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$141
16%
downside
Avg. target
$192
15%
upside
High target
$240
44%
upside

89 analyst ratings

77 positive
87%
12 neutral
13%
negative
0%
Guggenheim
Michael Morris
23%upside
$205
Buy
Maintained
24 Jul 2024
JMP Securities
Andrew Boone
20%upside
$200
Market Outperform
Reiterated
24 Jul 2024
Wedbush
Scott Devitt
23%upside
$205
Outperform
Reiterated
24 Jul 2024
Citigroup
Ronald Josey
27%upside
$212
Buy
Maintained
24 Jul 2024
RBC Capital
Brad Erickson
22%upside
$204
Outperform
Maintained
24 Jul 2024

Financial journalist opinion

Based on 451 articles about GOOGL published over the past 30 days