Alphabet Inc (NASDAQ:GOOG) (2024)

FAQs

Do I want to own GOOG or GOOGL? ›

The decision on which to buy depends on the investor's goals. If having a say in company decisions is important, GOOGL might be the preferred choice. However, if voting rights are not a concern and one is looking for potentially lower-priced shares, GOOG could be more appealing.

Alphabet currently sports a Zacks Rank #1 (Strong Buy) with a Growth Score of B, a combination that offers a good investment opportunity, per the Zacks proprietary methodology.

The average price target for Alphabet Class A is $197.53. This is based on 37 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $225.00 ,the lowest forecast is $168.00.

GOOG and GOOGL are stock ticker symbols for Alphabet (the company formerly known as Google). The main difference between the GOOG and GOOGL stock ticker symbols is that GOOG shares have no voting rights, while GOOGL shares do.

GOOG shares and GOOGL shares represent equal ownership stakes in Alphabet, and the two tickers should continue to trade in tandem over time. In terms of which share class is the better investment, there really is no meaningful difference from a performance standpoint.

Because GOOGL (class A) stock owners have voting rights, the shares tend to cost slightly more than GOOG (class C). However, the price difference is tiny — often less than $1, which is under 0.1% of the stock price. It also frequently happens that GOOG shares temporarily cost more than GOOGL shares.

Institutional investors are the majority owners of Alphabet, accounting for almost 64% of outstanding shares. Vanguard and BlackRock are currently the two largest institutional investors in Alphabet.

Alphabet Inc Class A quote is equal to 174.460 USD at 2024-06-09. Based on our forecasts, a long-term increase is expected, the "GOOGL" stock price prognosis for 2029-05-30 is 211.194 USD. With a 5-year investment, the revenue is expected to be around +21.06%. Your current $100 investment may be up to $121.06 in 2029.

NASDAQ: GOOG

Nvidia is still the undisputed AI leader. But Google's parent company, Alphabet, could also be a long-term winner. With shares up by a healthy 59% over the last 12 months, Alphabet (GOOG -1.35%) (GOOGL -1.28%) stock is posting a healthy recovery after the slump it experienced in 2022.

In addition to investors receiving a dividend, Google's co-founders, Sergey Brin and Larry Page, will receive a dividend of $146 million and $78 million, respectively. Since its founding in 1998, Google has returned money to its investors through outsized performance and growth in its stock price.

Should I buy Google or Apple stock? ›

The Google parent's lower figures suggest its stock currently offers far more value than Apple. Alongside a better performance in 2023 and a firmer position in the rapidly expanding AI market, Alphabet is the better tech stock this month.

Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 42 Wall Streets Analysts.

Investors generally should consider Class A shares (the initial sales charge alternative) if they expect to hold the investment over the long term. Class C shares (the level sales charge alternative) should generally be considered for shorter-term holding periods.

And since the market capitalization — the number of shares outstanding times the share price, or the value of the company — remains the same before and after a split, there is usually only a small advantage, if any, to purchasing a particular stock just before a split.

According to our Alphabet Inc. stock prediction for 2030, GOOG stock will be priced at $ 515.37 in 2030. This forecast is based on the stock's average growth over the past 10 years.

Google did this intentionally. The founders wanted a new class of stock. so that they could always maintain. some control over Google's voting decisions, and they usually trade close to the same price.