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.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Premium Articles

GOOGL Stock Forecast: Unchallenged Leadership in Advertising Will Boost Google To $3,000

July 24, 2021

motek 1The GOOGL stock forecast was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • GOOGL’s stock price has shot up over +90% since my June 2020 buy recommendation.
  • I am still rating GOOGL as a buy. Exuberant investors are already boosting GOOGL’s price even before it does its Q2 ER.
  • The Delta and other current and upcoming COVID-19 variants will continue to boost the digital and mobile advertising business of Google.
  • Learn-from-home and work-from-home are again the new normal because vaccinated people still get infected by new variants of the COVID-19 virus.
  • Politicians are compelling telcos to put up 5G cellular towers even in rural impoverished towns. Increased 5G deployment and cheap 5G smartphones are a tailwind for Google.

New forecasting serviceRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles