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Added to YB: 2024-10-31

Pitch date: 2024-10-30

GOOGL [bullish]

Alphabet Inc.

+79.55%

current return

Author Info

No bio for this author

Company Info

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Market Cap

$3.8T

Pitch Price

$172.26

Price Target

216.00 (-30%)

Dividend

0.27%

EV/EBITDA

24.75

P/E

30.83

EV/Sales

9.66

Sector

Interactive Media and Services

Category

growth

Show full summary:
Citi Raises Alphabet (GOOGL) Price Target to $216

GOOGL: Citi PT $216. Q3 Search +12%, YouTube +12%, Cloud +35% Y/Y. AI driving ad tool adoption, query evolution. Expanding margins. 7 products w/ 2B+ MAU leveraging Gemini. Early AI integration. Regulatory & competition risks remain. Ronald Josey bullish post-Q3.

Read full article (1 min)