Added to YB: 2024-12-11
Pitch date: 2024-12-06
GOOG [bullish]
Alphabet Inc.
+70.29%
current return
Author Info
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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
$3.7T
Pitch Price
$175.03
Price Target
254.00 (-17%)
Dividend
0.28%
EV/EBITDA
24.28
P/E
30.25
EV/Sales
9.47
Sector
Interactive Media and Services
Category
growth
Alphabet: Reaccelerating growth in Google Cloud driving re-rating for the stock
GOOG: Q3 beat on rev & profit. Cloud growth accelerated to 35%, AI driving Search & YouTube. Capex concerns addressed as AI investments show ROI. Margins expanded, EPS +37% YoY. New CFO focused on efficiency. AI features in 7 products with 2B+ users. PT $254 in 3 years, 20x 2027 P/E.
Read full article (6 min)