Introduction to Google
Google, known as GOOGL in the stock market, is one of the world’s largest tech companies. It’s part of Alphabet Inc., a company that oversees various businesses. Google itself has two main parts:
- Google LLC: This part runs well-known services like the search engine, Android, YouTube, Google Cloud, and Google Ads.
- Other Bets: This includes some innovative startups that may not make money yet but have potential. Alphabet supports them financially. One example is the development of self-driving cars.
Alphabet is also working on things like cloud technology, storing information, machine learning, and artificial intelligence. If you look at the Google stock forecast 2025 price over the long term, it generally goes up. But there are times when it drops, like in 2008 and 2020. These drops often happen when the global economy isn’t doing well. People sometimes move their money out of stocks and into cash when things get unstable.
So, should you buy GOOGL stock right now, or wait for a bigger drop in the price? Let’s find out.
Data for fundamental analysis of Google (Alphabet) stock
Basic Indicators
In this section, we’ll cover the fundamental data and basic statistics of Google (Alphabet). These are essential figures that give us a broad understanding of how the company is performing and its standing in the market. Basic indicators offer information about the company’s overall operations and its position in the market.
| Industry | Internet Content & Information | Sector | Communication Services |
| Number of Employees | 181.8K | Latest dividend payment date | 0 |
| Dividend Amount | 0 | Market cap | 1.72T |
| Net Income | 18.37B | 52-week low | 83.34 |
| 52- week high | 136.57 | Beta coefficient | 1.06 |
Key financial Indicators
The key financial indicators of Google (Alphabet) provide a snapshot of the company’s financial health. These indicators offer essential information about how the company is doing financially. To analyze Google’s financial performance, these current figures are compared to past periods, predictions, and the financial data of competitors. This comparison helps in assessing Google’s financial position and performance.
| Gross profit | 156.63B | Net income | 18.37B |
| Accounts payable | 5.31B | Accounts receivable | 38.8B |
| EPS | 1.45 | Long-term debt | 26.45B |
Multipliers
Multipliers are essentially numerical factors that serve as important financial metrics. They help us gauge various aspects of a company’s financial situation and performance. These factors assist in evaluating things like how financially stable the company is, whether its stock is undervalued or overvalued, how attractive it is for investment, and even in predicting whether the company’s stock value will go up or down in the future. In essence, multipliers provide valuable insights into a company’s financial health and prospects.
| EV | 1.62T | EV/R | 5.61 |
| P/E | 28.49 | EV/EBITDA | 17.78 |
| EBITDA | 26.12B | P/S | 5.94 |
| Profit margin | 0.21 | P/B | 6.42 |
| Operating margin | 0.26 | Total debt | 29.43B |
| Annual revenue per share | 22.55 | Debt to equity ratio | 11.02 |
| ROE | 0.23 | Current liquidity coefficient | 2.17 |
| ROA | 0.13 | Ratio of short positions to the total shares in circulation | 0.01 |
| Forward P/E | 20.37 | Forward annual dividend yield | 0 |
| PEG | 20.37 | Operating cash flow | 99.14B |
Technical analysis of the GOOGL price
To determine the optimal time to enter the market, it’s important to keep an eye on the technical analysis signals provided by TradingView for Google Forecast chart. These signals come in two main types:
- “Sell” or “Strong Sell”: This indicates that the majority of signals are bearish, suggesting it might be a good time to consider selling.
- “Buy” or “Strong Buy”: This signals that the majority of signals are bullish, indicating a favourable time to think about buying.
For short-term trading, it’s advisable to focus on settings ranging from M15 (15-minute intervals) to H2 (2-hour intervals). If you’re looking at a longer-term investment, consider using settings between H4 (4-hour intervals) to W1 (1-week intervals). These settings can help you make more informed decisions based on the technical analysis of the GOOGL chart.
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Image source: https://www.tradingview.com/symbols/NASDAQ-GOOGL/
Last 12 Months and Coming 12 Months Forecast
According to a CNN report, There are 48 analysts who have shared their predictions for Alphabet Inc’s stock price over the next year. The middle or median prediction is $150.00, with the highest estimate being $200.00 and the lowest at $121.00.
This median estimate suggests a potential increase of about 13.47% compared to the current stock price of $132.19. So, according to these analysts, there’s a possibility of the stock going up in the coming year.
Image source: https://markets.money.cnn.com/cgi-bin/upload.dll/file.png?z668f7c0azff32bf1ca24e4ba4b9d46d97585f5269
Google Stock Price Prediction 2023
Based on our analysis, we expect that the value of Alphabet Inc. shares (GOOG) will decrease by approximately -3.48% and reach $127.57 per share by October 1, 2023. Our technical indicators currently show a Bullish sentiment, but the Fear & Greed Index indicates a level of 39 (which signifies Fear).
Over the past 30 days, GOOG stock has seen 17 out of 30 days (57%) with gains, and there has been a 5.02% price fluctuation.
It’s important to note that our forecast suggests that GOOG stock is currently trading at 3.60% higher than our predicted value. Based on our analysis, it might not be an ideal time to buy GOOGL stock at the moment.
Image source: https://coincodex.com/stock/GOOG/price-prediction/
Google Stock Forecast 2025
Experts from 45 analysts have shared their predictions for Google stock forecast 2025. Their median forecast is $330, with a high estimate of $360 and a low estimate of $290.
In 2025, it’s expected that Google’s stock will continue to grow and become even more valuable. Many anticipate it reaching the $300 milestone during that year. This prediction is based on the stock’s historical average growth over the past decade.
Google Stock Price Prediction2030
When looking at the Alphabet Google stock forecast for 2030, we rely on reliable data provided by experts. During this period, it’s expected that the price of Google stock will increase from $397 to $498, which is a gain of +25%. Specifically, it’s anticipated that Google will begin 2030 at $397, then rise to $405 within the first half of the year, and conclude the year at $414. This represents a significant increase of about +218% compared to the present value. This prediction is based on the historical average growth pattern of the stock over the past 10 years.
Key factors that influence the Alphabet Google Stock in Future
Several key factors play a role in influencing the stock prices of Alphabet (the parent company of Google):
Global and U.S. Economic Conditions: The overall health of the global and U.S. economies is crucial. It affects both the demand for Google’s products and the speculative interest in the company’s stock.
Financial Performance and Expansion Plans: Alphabet’s financial statements and its strategies for expanding into international markets are significant drivers. Positive financials and ambitious expansion plans can boost investor confidence.
Product Releases and Competitiveness: The success of new products and their ability to compete in the market can impact stock prices. Innovative and competitive products can attract more investors.
Reputational Risks: As a top global tech company, Alphabet’s reputation is vital. Legal issues, copyright disputes, or accusations of monopolistic behaviour can harm the company’s stock price.
Corporate Strategies: Alphabet’s marketing and development strategies matter. Actions like mergers or business restructuring can create synergies and potentially lead to stock price growth.
Conclusion
Experts from Crypto Whale Pumps have done a detailed analysis, and they believe that by the end of 2023, the price of Google stock will reach $155. They predict further growth to $193.3 in 2025, $269.21 in 2028, and $335.74 in 2030.
Crypto Whale Pumps analysts have gathered forecasts from reputable sources for the years 2022, 2025, and 2030. On this website, you can also find financial reports for the corporation, various financial indicators, charts, and technical analysis. This information can help you make informed decisions about Google’s stock.
FAQs
Is Alphabet Inc. a good stock to buy?
Yes, according to our Google stock forecast, it’s a good stock to buy as it’s expected to increase by 3.74% in the next year.
Will Google (Alphabet, GOOGL) cost $1,000?
No, the majority of analysts do not forecast Google’s price to reach $1,000 in the next 2-5 years.
Will Google stock only grow in the future?
No, while long-term price forecasts for Google stock are generally positive, there are no guarantees, and stock prices can both increase and decrease in the future.
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