What is the current Price Target and Forecast for Alphabet (GOOGL) (2024)

(Delayed Data from NSDQ)

$154.56 USD

154.56

24,574,276

-0.93 (-0.60%)

Updated Apr 2, 2024 04:00 PM ET

After-Market: $155.20 +0.64 (0.41%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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3-Hold of 5 3

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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CValue | BGrowth | FMomentum | CVGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 17% (43 out of 252)

Industry: Internet - Services

View All Zacks #1 Ranked Stocks

What is the current Price Target and Forecast for Alphabet (GOOGL) (2) Better trading starts here.

Alphabet (GOOGL) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$162.64 $180.00 $140.00 4.60%

Price Target

Based on short-term price targets offered by 39 analysts, the average price target for Alphabet comes to $162.64. The forecasts range from a low of $140.00 to a high of $180.00. The average price target represents an increase of 4.6% from the last closing price of $155.49.

Analyst Price Targets (39)

Last Close 155.49

Average 162.64 4.60% Upside Low 140.00 -9.96% Downside High 180.00 15.76% Upside

Broker Rating

Alphabet currently has an average brokerage recommendation (ABR) of 1.34 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 44 brokerage firms. The current ABR compares to an ABR of 1.34 a month ago based on 44 recommendations.

Of the 44 recommendations deriving the current ABR, 35 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 79.55% and 6.82% of all recommendations. A month ago, Strong Buy made up 79.55%, while Buy represented 6.82%.

Broker Rating Breakdown

What is the current Price Target and Forecast for Alphabet (GOOGL) (3)

Today1 Week Ago1 Month Ago2 Months Ago3 Months Ago
Strong Buy3535353430
Buy33333
Hold66666
Sell00000
Strong Sell00000
ABR1.341.341.341.351.38

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

DateBrokerage FirmAnalystPreviousCurrent
3/22/2024Wedbush Securities Scott DevittStrong BuyStrong Buy
2/12/2024Loop Capital MarketsRobert SandersonHoldHold
1/31/2024William BlairRalph E SchackartStrong BuyStrong Buy
1/31/2024Rosenblatt SecuritiesBarton CrockettStrong BuyStrong Buy
1/31/2024Needham & CompanyLaura A MartinModerate BuyModerate Buy
1/31/2024Susquehanna Financial GroupShyam V PatilStrong BuyStrong Buy
1/31/2024JMP SecuritiesAndrew BooneStrong BuyStrong Buy
1/31/2024Truist SecuritiesYoussef SqualiStrong BuyStrong Buy
1/31/2024Roth Capital PartnersRohit KulkarniStrong BuyStrong Buy
1/31/2024BMO Capital MarketsBrian J PitzStrong BuyStrong Buy
1/31/2024MoffettNathanson Michael NathansonNot AvailableStrong Buy
1/31/2024Exane BNP ParibasStefan SlowinskiNot AvailableStrong Buy
1/30/2024Robert W. Baird & Co.Colin A SebastianStrong BuyStrong Buy
1/29/2024KeyBanc Capital MarketsJustin PattersonStrong BuyStrong Buy
1/17/2024Mizuho SecuritiesUSA James LeeStrong BuyStrong Buy
1/12/2024Argus Research Corp.Joseph F BonnerNot AvailableStrong Buy
12/20/2023Raymond JamesJosh BeckModerate BuyModerate Buy
12/15/2023New Street ResearchDaniel SalmonStrong BuyStrong Buy
10/26/2023Piper SandlerThomas ChampionStrong BuyStrong Buy
10/25/2023Not IdentifiedNot IdentifiedStrong BuyStrong Buy
10/25/2023Seaport Research PartnersAaron KesslerHoldHold
10/25/2023MonnessCrespiHardt & Co.Brian J WhiteNot AvailableHold
7/26/2023Canaccord GenuityMaria RippsNot AvailableStrong Buy
7/26/2023Evercore PartnersMark MahaneyStrong BuyStrong Buy

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Current ABR

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

1.34
ABR (Last week)1.34
# of Recs in ABR44
Average Target Price $162.64
LT Growth Rate16.00%
IndustryInternet - Services
Industry Rank by ABR43 of 252
Current Quarter EPS Est: 1.49
What is the current Price Target and Forecast for Alphabet (GOOGL) (2024)

FAQs

What is the current Price Target and Forecast for Alphabet (GOOGL)? ›

The average price target for Alphabet

Alphabet
Alphabet is the world's third-largest technology company by revenue and one of the world's most valuable companies. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries.
https://en.wikipedia.org › wiki › Alphabet_Inc
Class A is $167.51. This is based on 37 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $185.00 ,the lowest forecast is $141.00. The average price target represents 8.49% Increase from the current price of $154.4.

What is the future prediction for Alphabet? ›

Future Growth

Alphabet is forecast to grow earnings and revenue by 11.8% and 9% per annum respectively. EPS is expected to grow by 13.4% per annum. Return on equity is forecast to be 22.8% in 3 years.

What is the earnings prediction for googl? ›

Number of Estimates Changed

Of the 2 analysts making quarterly forecasts, 2raised and none lowered their forecast. For the fiscal year ending Dec 2024 , the consensus EPS* forecast has increased over the past week from 6.78 to 6.79(0.15%) and increased over the past month from 6.77 to 6.78(0.15%).

Is Alphabet stock a buy or sell? ›

Is Alphabet stock a Buy, Sell or Hold? Alphabet stock has received a consensus rating of buy. The average rating score is and is based on 87 buy ratings, 12 hold ratings, and 0 sell ratings.

What is the price target for googl in 2024? ›

Google Stock Price Forecast 2024-2025

Google price started in 2024 at $140.93. Today, Google traded at $173.69, so the price increased by 23% from the beginning of the year. The forecasted Google price at the end of 2024 is $213 - and the year to year change +51%. The rise from today to year-end: +23%.

Is Alphabet a long term buy? ›

Given Alphabet's valuation and growth potential, it's not too late for investors to buy shares as there's plenty of upside potential for the stock over the long term. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.

How much will Alphabet earn in 2024? ›

Revenue: US$80.5b (up 15% from 1Q 2023). Net income: US$23.7b (up 57% from 1Q 2023). Profit margin: 29% (up from 22% in 1Q 2023). The increase in margin was driven by higher revenue.

Is it better to buy GOOGL or goog? ›

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.

What is the stock price prediction for Google next week? ›

What is the Alphabet Inc. stock forecast? The Alphabet Inc. stock forecast for tomorrow is $ 173.93, which would represent a 0.09% gain compared to the current price. In the next week, the price of GOOG is expected to decrease by -2.60% and hit $ 169.26.

Is Google Alphabet a good stock to buy? ›

The stock is up sharply this year, but it's still trading for a sensible valuation of around 23 times forward-looking earnings expectations. Even if the stock doesn't reach its target in the next 12 months, long-term shareholders have an excellent chance to come out ahead over the long run.

What is the price target for Alphabet 1 year? ›

Based on analysts offering 12 month price targets for GOOG in the last 3 months. The average price target is $178.5 with a high estimate of $200 and a low estimate of $160.

Is Google Alphabet a good investment? ›

Alphabet (GOOGL 10.22%) (GOOG 9.96%) has long been a stock market winner. Shares have risen by 338% in the past 10 years. This performance outpaces both the S&P 500 and the Nasdaq Composite.

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