The company's stock has begun to recover in 2023; it's impressive long-term growth story makes it a strong buy. As the home of such products as
“Over the long term, Google has a track record of strong financial performance and has shown an ability to adapt to changing market conditions. As such, it's reasonable to expect that Google's stock price may continue to appreciate over time.”
Google share price forecast: Analysts' projections
Analysts estimate it could rise to $219 within the year of 2025, and was anticipated to reach $252 in 2026, $302 in 2029 and $362 in 2033.
Google stock price stood at $124.06
According to the latest long-term forecast, Google price will hit $125 by the end of 2023 and then $150 by the middle of 2024. Google will rise to $200 within the year of 2025, $250 in 2027, $300 in 2029 and $350 in 2032.
Risk Factors To Google Stock Forecast. So, as we can see, a $5,000 per share valuation for Google by 2025 isn't out of the picture. But there are a few roadblocks that could hamper that process. First, the ever-present regulatory risk facing a company as powerful as Google can never be discounted.
In the next decade, Alphabet should deliver faster revenue growth than what the market currently expects, thanks to AI-related growth opportunities for Google Search and Google Cloud. The sell-side sees Google's revenue growing by a 10-year CAGR of +8.5% from $282.8 billion in FY 2022 to $641.9 billion for FY 2032.
Stock Price Forecast
The 47 analysts offering 12-month price forecasts for Alphabet Inc have a median target of 130.00, with a high estimate of 190.32 and a low estimate of 100.00. The median estimate represents a +4.75% increase from the last price of 124.11.
Even while it will take a while, It's almost certain to happen based on the facts we now have. In between 2042 to 2045, the value of google stock is predicted to be $1000.
Say you want to double your money in 3 years so you can put a down payment on a house. Divide 72 by 3 to get 24. You will need a 24% rate of return on your investment. If you later decide not to buy the house and you left your money invested for another 6-7 years, then it would double two more times!
At Berkshire Hathaway's annual shareholder meeting a few years ago in Omaha, chairman Warren Buffett called his decision to pass on (and not invest in) Amazon and Google a mistake.
Apple has a higher market cap than Google does, which many would consider the most important metric when talking about how much a company is “worth.”
From an economic standpoint, there is no difference between GOOG (Class C) and GOOGL (Class A) shares as they both represent an equally valuable piece of Alphabet in relation to its financial performance and earnings.
Google Stock Forecast FAQ
The consensus among 22 Wall Street analysts covering (NASDAQ: GOOGL) stock is to Strong Buy GOOGL stock.
Traders Union experts conducted a comprehensive analysis and predicted that by the end of 2023 Google price will hit $216.23. Google will grow to $407.75 in 2025, $1223.24 in 2028 and $2083.22 in 2030.
Alphabet is one of some 16 companies among the top 50 in the S&P 500 ranked by market value that doesn't pay a dividend.
Based on long term forecasts, the price of Alphabet (GOOG) stock will increase to $140 by the end of 2023 then $210 in 2024. Alphabet's share price will keep rise to $330 in 2025, $560 in 2027 and $900 in 2030. Though Alphabet and Google are giants by all standards, you should never rush into buying a stock.
PFE Stock Offers Value, Dividends and More
Income investors should also be interested in Pfizer as the company pays a forward annual dividend yield of around 4%. Generations of investors have trusted Pfizer to continue paying healthy dividends, and it appears that the company is still committed to this.
GOOG Signals & Forecast
The Google stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Google will be going through a lot of changes this year. Starting in July 2023, Google Analytics will move to GA4, a new type of website analytics tracking system. This means that the old Universal Analytics will no longer accept new data. Everyone must be moved over.
GOOGL Stock 12 Months Forecast
Based on 31 Wall Street analysts offering 12 month price targets for Alphabet Class A in the last 3 months. The average price target is $130.77 with a high forecast of $160.00 and a low forecast of $115.00. The average price target represents a 5.60% change from the last price of $123.83.