Alphabet

Alphabet, Inc. (NASDAQ:GOOGL) engages in the business of delivering online advertising, cloud-based solutions that provide enterprise customers with infrastructure and platform services, the provision of communication and collaboration tools, and sales of other products and services such as apps and in-app purchases, hardware, and subscription-based products. It operates under the Google Services and Google Cloud segments. The Google Services segment includes ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. The Google Cloud segment offers Google Cloud Platform and Google Workspace. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.

UBS: raised Alphabet (NASDAQ:GOOGL) Target price to $120 Buy rating

UBS released a research report that Alphabet (NASDAQ:GOOGL) has revealed a more cautious approach, so its view of the short-term financial risks caused by the development of artificial intelligence generation has improved slightly, but at the same time, the company’s capital expenditure on infrastructure technology has increased, reflecting that it is preparing for more computing needs, and overall believes that Alphabet is still not out of trouble, and the macroeconomy is expected to continue to bring pressure. UBS maintained its Buy rating and raised its price target from $110 to $120 supported by higher valuations, corresponding to a price-to-earnings ratio of about 20 times unchanged.

UBS: raised Alphabet (NASDAQ:GOOGL) Target price to $120 Buy rating Read Post »

Jefferies: Raised Alphabet (nasdaq:GOOGL) price target from $125 to $130 with a Buy rating

Jefferies said Alphabet (nasdaq:GOOGL) is still challenging in its fourth quarter. Weak ad spend and foreign exchange headwinds resulted in a lower single-digit margin than expected in the advertising segment, but overall revenue was in line with expectations due to hardware and YouTube subscription growth. The bank is encouraged by the company’s increased focus on costs and monetization of AI assets. The bank said that the group’s core search business can still attract increased advertising revenue as it shifts to digital and mobile, and Google Cloud will be another breakthrough for the group as YouTube is the best platform to take advantage of online video. The bank raised its price target by 21% to $130 with a buy rating.

Jefferies: Raised Alphabet (nasdaq:GOOGL) price target from $125 to $130 with a Buy rating Read Post »

Oppenheimer: Upgraded Alphabet Inc.(NASDAQ:GOOGL) with a price target of $155 Maintain an “Outperform” rating

Google’s parent company Alphabet Inc.(NASDAQ:GOOGL) After the Q4 results, Oppenheimer analyst Jason Helfstein raised his price target to $155 from $130, maintaining an “outperform” rating. The analyst said in a research note that the weak macro environment eventually affected Alphabet’s search business. The 4% decrease in the company’s net advertising revenue due to layoffs may be offset by lower operating expenses and reduced losses on Google Cloud Platform.

Oppenheimer: Upgraded Alphabet Inc.(NASDAQ:GOOGL) with a price target of $155 Maintain an “Outperform” rating Read Post »

Alphabet Inc. (NASDAQ:GOOGL) revenue of $76.048 b in Q4 2022 , YoY+0.96%

Alphabet Inc. (NASDAQ:GOOGL)  Stock price trend forecast and trading range: Updated to: 2023.2.3 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: bullish Sell high and buy low of range : $100 – $110 Support: $100 resistance: $110 Stop Loss Price: $100 price target: $110 Buy the position again: stop fall and rise to $100 Medium-term trend: bullish High sell low buy range: $90 – $110 Support: $90 resistance: $110 Stop Loss price: $90 price target: $110 Buy the position again: stop fall and rise to $90 Long-term trend: bullish High sell low buy of range: $80 – $120 Support : $80 resistance: $120 Stop Loss price: none price target : $120 Buy the position again: stop fall and rise to $80 From Analysis from financial statements: Revenue for the fourth quarter of

Alphabet Inc. (NASDAQ:GOOGL) revenue of $76.048 b in Q4 2022 , YoY+0.96% Read Post »

Alphabet (NASDAQ:GOOGL) will adjust its earnings report next quarter: AI research division will disclose separately

Google parent company Alphabet (NASDAQ:GOOGL) reportedly announced in its fourth-quarter earnings report that the company will adjust the way AI investments are disclosed in the future. Although the previous DeepMind AI research division has been hidden in the “Other Bets” category, it will be disclosed as part of Alphabet’s costs in the future, reflecting the increasing use of related technology in all departments such as Google Services and Google Cloud.

Alphabet (NASDAQ:GOOGL) will adjust its earnings report next quarter: AI research division will disclose separately Read Post »

Google’s parent company Alphabet (NASDAQ:GOOGL) had revenue of $76.05 billion in Q4 2022

Google’s parent company Alphabet had revenue of $76.05 billion in the fourth quarter of 2022, compared with analysts’ expectations of $76.51 billion; Google services revenue in the fourth quarter was $67.84 billion, compared with analysts’ expectations of $68.9 billion; Google Cloud revenue in the fourth quarter was $7.32 billion, analysts expected $7.3 billion; fourth-quarter earnings per share were $1.05, analysts expected $1.179; and fourth-quarter net profit was $13.624 billion, analysts expected $15.361 billion.

Google’s parent company Alphabet (NASDAQ:GOOGL) had revenue of $76.05 billion in Q4 2022 Read Post »

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