Alphabet (Google) Class A (GOOGL)

• Market cap: $2.32T
• 1 day: -1.29%
• 5 days: -3.83%
• 1 month: -0.13%
• 3 months: 14.92%
• 6 months: 1.63%
• Year to date: 0.07%
• 1 year: 33.04%
• 5 years: 163.29%
• 10 years: 655.56%
• Sector: Information Technology
• Industry: Computer Programming, Data Processing, Etc.

About: Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV, YouTube Music among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform, or GCP, accounts for roughly 10% of Alphabet's revenue with the firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) making up the rest.

Employees: 181,269

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

13% more first-time investments, than exits

New positions opened: 180 | Existing positions closed: 159

7% more repeat investments, than reductions

Existing positions increased: 1,974 | Existing positions reduced: 1,837

1% less funds holding

Funds holding: 4,446 [Q2] → 4,411 (-35) [Q3]

3.97% less ownership

Funds ownership: 80.78% [Q2] → 76.81% (-3.97%) [Q3]

18% less funds holding in top 10

Funds holding in top 10: 1,354 [Q2] → 1,113 (-241) [Q3]

19% less capital invested

Capital invested by funds: $925B [Q2] → $751B (-$175B) [Q3]

26% less call options, than puts

Call options by funds: $12.5B | Put options by funds: $16.8B

Research analyst outlook

21 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $185 2% downside
• Avg. target: $211 11% upside
• High target: $232 22% upside

21 analyst ratings

• positive: 17 81%
• neutral: 4 19%
• negative: 0 0%

Stifel Mark Kelley 82% 1-year accuracy 18 / 22 met price target	19% upside $225	Buy Maintained	13 Jan 2025
Wells Fargo Ken Gawrelski 64% 1-year accuracy 29 / 45 met price target	0% upside $190	Equal-Weight Maintained	13 Jan 2025
Keybanc Justin Patterson 57% 1-year accuracy 39 / 68 met price target	19% upside $225	Overweight Maintained	10 Jan 2025
Wedbush Scott Devitt 81% 1-year accuracy 46 / 57 met price target	16% upside $220	Outperform Maintained	6 Jan 2025
Wolfe Research Shweta Khajuria 47% 1-year accuracy 8 / 17 met price target	21% upside $230	Outperform Maintained	3 Jan 2025