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.

Bank of America Securities: Raised Alphabet (NASDAQ:GOOGL) price target to $119, rating buy

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Bank of America Securities reported that Alphabet (NASDAQ:GOOGL) is expected to have revenue of $63.6 billion in the fourth quarter of last year and GAAP earnings per share of $1.20, while lower interest income is still putting pressure on earnings per share, and that the company’s core profit margin in the fourth quarter of last year is expected to fall by 566 basis points year-on-year as the number of employees grows more than surveyed. The bank raised its revenue forecast for the year by 1% to $254.2 billion, up 8% year-on-year, EBITDA by 4% to $121 billion, and GAAP EPS by 3% to $5.4, and raised its price target to $119 from $116, reiterating its Buy rating.

Bank of America Securities: Raised Alphabet (NASDAQ:GOOGL) price target to $119, rating buy Read Post »

Alphabet (NASDAQ:GOOGL)Stock price trend forecast and trading range -2023.1.6

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Alphabet Inc. (NASDAQ:GOOGL) Stock price trend forecast and trading range analysis: 2023.1.6 From the stock chart analysis, the recent stock price continues to fall, the probability of the stock price testing the $83 support downward is high, and there is a small chance between $86-$91 in the short term. However, the short-term downside risk is higher, and the downward trend in stock prices has not ended. Short-term trading is not recommended. However, the medium-term and long-term bottoms could come soon, with a higher probability of $75-$85 expected. Long-term holding has very high short-term gain uncertainty, but medium-term and long-term holding $85 has a very high chance of making money. From the analysis of financial statements, the revenue in the third quarter of fiscal 2022 was $69.092 billion, the market expected $70.76 billion, YoY+6.10%, net profit was $13.91 billion, YoY-26.54%, EPS was $1.06, YoY-24.26%. Overall revenue continued to grow, but Q4

Alphabet (NASDAQ:GOOGL)Stock price trend forecast and trading range -2023.1.6 Read Post »

Insider Intelligence: Google and Meta together accounted for 48.4% of U.S. digital ad spend in 2022

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According to estimates by research firm Insider Intelligence, Alphabet’s Google and Facebook parent company Meta Platforms together accounted for 48.4% of U.S. digital advertising spending in 2022. Insider Intelligence notes that the combined U.S. market share of the two companies has not fallen below 50 percent since 2014, and the agency expects that market share to fall to 44.9 percent this year. Google and Meta’s advertising business is still growing, but it is growing slower than the rest of the U.S. digital advertising market.

Insider Intelligence: Google and Meta together accounted for 48.4% of U.S. digital ad spend in 2022 Read Post »

Alphabet (NASDAQ:GOOGL) Stock Price Trend Forecast and Market Analysis-2022.12.30

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Alphabet Inc. (NASDAQ:GOOGL) stock price trend forecast and market analysis: 2022.12.30 From the stock chart analysis, the recent stock price followed the NASDAQ index synchronous decline, the stock price fell again to the previous low point around $83.34, the short-term stock price trend mainly follows the index, short-term trading buy price of $86, target price of $89, stop loss price of $85, can repeatedly buy low and sell high. The medium-term bid price is $86, the target price is $100, and the stop loss price is $84. Long-term holdings are very uncertain about short-term returns. From Analysis from financial statements, the revenue in the third quarter of fiscal 2022 was US$69.092 billion, the market estimates US$70.76 billion, YoY + 6.10%, net profit attributable to common shareholders was US$13.91 billion, YoY-26.54%, EPS was US$1.06, YoY-24.26%. Overall revenue continued to grow, but Q4 faced great challenges, and net profit may decline further.

Alphabet (NASDAQ:GOOGL) Stock Price Trend Forecast and Market Analysis-2022.12.30 Read Post »

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