GOOGL

Alphabet Inc - Ordinary Shares - Class A

TMT


Presented:03/13/2024
Price:$139.79
Cap:$1,738.01B
Current Price:$165.46
Cap:$2,036.81B

Presented

Date03/13/2024
Price$139.79
Market Cap$1,738.01B
Ent Value$1,679.32B
P/E Ratio24.08x
Book Value$22.74
Div Yield0%
Shares O/S12,433.00M
Ave Daily Vol30,723,253
Short IntN/A

Current

Price$165.46
Market Cap$2,036.81B
Alphabet, Inc. is a holding company, which engages in software, health care, transportation, and other technologies. It operates through the following segments: Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment refers to infrastructure and platform services, collaboration tools, and other services for enterprise customers. The Other Bets segment relates to the sale of healthcare-related services and internet services. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.

Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Apple Inc (AAPL), Meta Platforms Inc (META), Microsoft Corp (MSFT), Pinterest Inc (PINS)

Highlights

The presenter is long shares of Alphabet Inc (GOOGL) based on an improving position in the AI race and rising CPAs for advertisers. Google has the ability to integrate AI in almost all of its products, including search, where there is a significant opportunity to drive advertising prices up. For the calendar year 2025, he expects EPS in the range of $8.50 to $9.00 and that if generative AI clearly increases Google’s terminal value, its multiple could revert to historical levels in the low 20s, implying a stock price over $180.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.