GOOGL Stock Forecast: Inside Alphabet’s Profit Explosion

October 28, 2024
Levi FuThis GOOGL Stock Forecast article was written by Levi FU – Financial Analyst at I Know First.

Summary

  • Alphabet Inc.'s net income increased from $34.3 billion in 2019 to $87.7 billion in LTM 2024, with high difference on pre/post pandemic era. 
  • Google Cloud became profitable with an 11% operating margin, significantly contributing to revenue growth and expected to represent 14% of total sales by 2025.
  • Regulatory challenges, including antitrust lawsuits and potential restrictions on default search agreements, pose risks to Alphabet's core search business and future advertising revenue.

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