Since August 19, 2004, Alphabet's market cap has increased from $27.24B to $2.18T, an increase of 7,885.35%. That is a compound annual growth rate of 24.75%.
Market Cap History
Date
Market Cap
% Change
Jun 5, 2024
2,167.72B
0.93%
Jun 4, 2024
2,147.70B
0.36%
Jun 3, 2024
2,140.03B
0.39%
May 31, 2024
2,131.76B
0.23%
May 30, 2024
2,126.94B
-2.15%
May 29, 2024
2,173.77B
-0.28%
May 28, 2024
2,179.95B
0.81%
May 24, 2024
2,162.53B
0.83%
May 23, 2024
2,144.73B
-1.60%
May 22, 2024
2,179.70B
-0.83%
May 21, 2024
2,197.87B
0.53%
May 20, 2024
2,186.38B
0.49%
May 17, 2024
2,175.75B
1.08%
May 16, 2024
2,152.52B
0.97%
May 15, 2024
2,131.88B
1.27%
May 14, 2024
2,105.06B
0.71%
May 13, 2024
2,090.23B
0.29%
May 10, 2024
2,084.18B
-0.77%
May 9, 2024
2,100.37B
0.34%
May 8, 2024
2,093.20B
-1.09%
May 7, 2024
2,116.31B
1.87%
May 6, 2024
2,077.38B
0.51%
May 3, 2024
2,066.75B
0.37%
May 2, 2024
2,059.09B
1.68%
May 1, 2024
2,024.98B
0.66%
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Market Capitalization
Market capitalization, also called net worth, is the total value of all of a company's outstanding shares. It iscalculated by multiplying the stock price by the number of shares outstanding.
Formula: Market Cap = Stock Price * Shares Outstanding
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. Alphabet is the world's second-largest technology company by revenue and one of the world's most valuable companies.
Alphabet stock has received a consensus rating of buy. The average rating score is and is based on 86 buy ratings, 13 hold ratings, and 0 sell ratings.
The 37 analysts with 12-month price forecasts for Alphabet stock have an average target of 189.81, with a low estimate of 129 and a high estimate of 225. The average target predicts an increase of 5.67% from the current stock price of 179.63.
Owning shares of Alphabet (GOOGL 0.26%) (GOOG 0.23%), the parent of Google, has been a smart decision over the years. In the past decade, investors have been rewarded with a tremendous 555% return -- well exceeding the Nasdaq Composite's 299% performance.
Are GOOGL Shares More Valuable Than GOOG Shares? Because GOOGL shares have voting rights, and because these rights have some value, they often trade at a slight premium. In reality, GOOG and GOOGL often trade for just around the same price.
According to regulatory filings, the largest owners of Alphabet stock are companies that operate index funds -- specifically Vanguard, BlackRock, and State Street. Vanguard, the largest shareholder, owns about 7.3%, and the others own a little less.
The thing this group has in common is advertising. Alphabet is primarily an advertising company, with 76% of revenue coming from this segment. While this industry struggled in late 2022 and early 2023, thanks to recession fears, it's showing its strength again.
What is GOOG's upside potential, based on the analysts' average price target? Alphabet Class C has 6.61% upside potential, based on the analysts' average price target. Is GOOG a Buy, Sell or Hold? Alphabet Class C has a consensus rating of Strong Buy which is based on 9 buy ratings, 0 hold ratings and 0 sell ratings.
As of 2024-06-21, the Fair Value of Alphabet Inc (GOOGL) is 159.68 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 176.30 USD, the upside of Alphabet Inc is -9.43%.
Alphabet Inc. stock would need to gain 1,033.14% to reach $2,000. According to our Alphabet Inc. stock forecast, the price of Alphabet Inc. stock will not reach $2,000. The highest expected price our algorithm estimates is $ 252.17 by Jun 10, 2025.
Apple has a consensus rating of Moderate Buy which is based on 23 buy ratings, 11 hold ratings and 1 sell ratings. What is Apple's price target? The average price target for Apple is $212.41. This is based on 35 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
As of 2024-06-21, the Fair Value of Alphabet Inc (GOOGL) is 159.68 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 176.30 USD, the upside of Alphabet Inc is -9.43%.
Chart patterns are a good way of telling when to buy or sell a stock. Nvidia's chart shows the stock has cleared a 92.22 buy point. The stock is already extended, according to IBD MarketSurge. In 2023, AI stock Nvidia had a huge 239% run and it's up more than 190% so far this year.
Introduction: My name is Kerri Lueilwitz, I am a courageous, gentle, quaint, thankful, outstanding, brave, vast person who loves writing and wants to share my knowledge and understanding with you.
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