Professional
Added to YB: 2024-10-31
Pitch date: 2024-10-30
GOOGL [bullish]
Alphabet Inc.
+72.25%
current return
Author Info
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Company Info
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
Market Cap
$3.7T
Pitch Price
$172.26
Price Target
216.00 (-29%)
Dividend
0.28%
EV/EBITDA
24.28
P/E
30.25
EV/Sales
9.47
Sector
Interactive Media and Services
Category
growth
Show full summary:
Citi Raises Alphabet (GOOGL) Price Target to $216
GOOGL: Citi PT $216. Q3 Search +12%, YouTube +12%, Cloud +35% Y/Y. AI driving ad tool adoption, query evolution. Expanding margins. 7 products w/ 2B+ MAU leveraging Gemini. Early AI integration. Regulatory & competition risks remain. Ronald Josey bullish post-Q3.
Read full article (1 min)