Free Trial

Alphabet (GOOG) Stock Forecast & Price Target

Alphabet logo
$170.62 +1.19 (+0.70%)
(As of 11/26/2024 ET)

Alphabet - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
5
Buy
16

Based on 21 Wall Street analysts who have issued ratings for Alphabet in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 21 analysts, 5 have given a hold rating, 13 have given a buy rating, and 3 have given a strong buy rating for GOOG.

Consensus Price Target

$200.56
17.55% Upside
According to the 21 analysts' twelve-month price targets for Alphabet, the average price target is $200.56. The highest price target for GOOG is $235.00, while the lowest price target for GOOG is $160.00. The average price target represents a forecasted upside of 17.55% from the current price of $170.62.
Get the Latest News and Ratings for GOOG and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Alphabet and its competitors.

Sign Up

GOOG Analyst Ratings Over Time

TypeCurrent Forecast
11/27/23 to 11/26/24
1 Month Ago
10/28/23 to 10/27/24
3 Months Ago
8/29/23 to 8/28/24
1 Year Ago
11/27/22 to 11/27/23
Strong Buy
3 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
10 Buy rating(s)
Hold
5 Hold rating(s)
4 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$200.56$186.90$182.86$130.69
Forecasted Upside17.55% Upside11.92% Upside11.16% Upside-5.33% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Buy

GOOG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

GOOG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Alphabet Stock vs. The Competition

TypeAlphabetComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.90
2.68
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside17.27% Upside526.06% Upside6.94% Upside
News Sentiment Rating
Positive News

See Recent GOOG News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024Phillip Securities
0 of 5 stars
J. Woo
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
10/30/2024Oppenheimer
3 of 5 stars
 Boost TargetOutperform ➝ Outperform$185.00 ➝ $215.00+18.50%
10/30/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$208.00 ➝ $212.00+23.88%
10/30/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$200.00 ➝ $220.00+28.55%
10/30/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$212.00 ➝ $216.00+26.21%
10/30/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetEqual Weight ➝ Equal Weight$182.00 ➝ $187.00+9.27%
❗[Investor Alert] Under-the-Radar Tech (Ad)

While most investors are caught up in cryptocurrencies, AI stocks, or Jim Cramer's latest "hot pick…" One company that most have never heard of is making waves in the global music market…TuneGO

Click here for all the details about today's open round of investing.
10/30/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$220.00 ➝ $225.00+31.47%
10/30/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$187.00 ➝ $192.00+12.19%
10/30/2024Pivotal Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Wlodarczak
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy ➝ Buy$215.00 ➝ $225.00+31.47%
10/30/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$220.00 ➝ $235.00+37.31%
10/29/2024Seaport Res Ptn
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Kessler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Strong-Buy
10/11/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
N. Schindler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageSector Outperform$212.00+29.92%
9/10/2024DA Davidson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
G. Luria
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold
9/5/2024Cantor Fitzgerald
Subscribe to MarketBeat All Access for the recommendation accuracy rating
D. Mathivanan
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold
7/16/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
S. Khajuria
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
7/10/2024TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$200.00 ➝ $220.00+14.83%
6/28/2024Rosenblatt Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
B. Crockett
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Neutral$181.00-3.14%
4/16/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$154.00 ➝ $174.00+11.30%
4/11/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOverweight ➝ Overweight$165.00+4.02%
1/31/2024Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetPositive ➝ Positive$150.00 ➝ $170.00+11.07%
1/24/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$150.00 ➝ $160.00+6.32%
8/21/2023Wedbush
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform
7/26/2023Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$123.00 ➝ $140.00+7.83%
4/26/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$120.00 ➝ $125.00+18.83%
2/6/2023Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Mark Shmulik
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Set Target$130.00+25.29%
2/3/2023Roth Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
R. Kulkarni
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy
2/3/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Eric Sheridan
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Set Target$128.00+17.65%
2/3/2023Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Stephen Ju
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Set Target$136.00+25.00%
2/3/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Brad Erickson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Set Target$130.00+19.49%
2/3/2023Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight$122.00 ➝ $120.00+10.29%
1/31/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy$116.00 ➝ $119.00+20.96%
1/11/2023Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform$135.00 ➝ $125.00+40.07%
11/30/2022Societe Generale
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy$147.00 ➝ $132.00+38.31%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 06:35 PM ET.


Should I Buy Alphabet Stock? GOOG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, November 21, 2024. Please send any questions or comments about these Alphabet pros and cons to contact@marketbeat.com.

Alphabet
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Google:

  • Google's diverse product offerings, including its latest services in Google Cloud, position it well for growth in the expanding cloud computing market, which is increasingly critical for businesses.
  • The company has a strong advertising revenue model, with platforms like YouTube and Google Search continuing to dominate the digital advertising space, providing a steady income stream.
  • As of today, Google's stock price is competitive, reflecting investor confidence and potential for future growth, making it an attractive option for those looking to invest in tech stocks.
  • Recent developments in AI and machine learning technologies are being integrated into Google's services, enhancing user experience and operational efficiency, which could lead to increased market share.
  • Google's commitment to innovation and expansion into new markets, such as healthcare-related services, indicates a proactive approach to diversifying its revenue sources.

Alphabet
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Google for these reasons:

  • The ongoing antitrust scrutiny from the Department of Justice, including calls for Google to divest its Chrome browser, poses significant regulatory risks that could impact its business operations and market position.
  • Increased competition in the cloud services sector from other tech giants could pressure Google's market share and profit margins, making it harder to maintain its leading position.
  • Potential changes in administration and regulatory policies could lead to more stringent regulations affecting Google's advertising practices, which are a major revenue source.
  • Concerns about data privacy and security could lead to consumer distrust, impacting user engagement across its platforms and services.
  • Market volatility and economic uncertainties could affect investor sentiment and stock performance, making it a riskier investment in the current climate.

GOOG Forecast - Frequently Asked Questions

According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for Alphabet is $200.56, with a high forecast of $235.00 and a low forecast of $160.00.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alphabet in the last year. There are currently 5 hold ratings, 13 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GOOG shares.

According to analysts, Alphabet's stock has a predicted upside of 17.55% based on their 12-month stock forecasts.

Over the previous 90 days, Alphabet's stock had 4 upgrades by analysts.

Analysts like Alphabet more than other "computer and technology" companies. The consensus rating score for Alphabet is 2.90 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how GOOG compares to other companies.


This page (NASDAQ:GOOG) was last updated on 11/26/2024 by MarketBeat.com Staff
From Our Partners