Is Google a good stock to buy? (2024)

Is Google a good stock to buy?

GOOGL Stock Forecast FAQ

Is Google a good share to buy now?

The consensus among 30 Wall Street analysts covering (NASDAQ: GOOGL) stock is to Strong Buy GOOGL stock.

What will Google stock be worth in 5 years?

Google stock price stood at $173.69

According to the latest long-term forecast, Google price will hit $200 by the middle of 2024 and then $300 by the end of 2026. Google will rise to $350 within the year of 2027, $400 in 2029, $450 in 2030 and $500 in 2032.

Is Google a good place to invest in?

Is it safe to invest in Google? Google is a large-cap company with a strong balance sheet, steady revenue and earnings growth. According to most financial analysts (see above) the search engine company is among the safest technology companies to invest in for the long term.

How profitable is Google stock?

Reported after the market close on Thursday, Google earnings came in at $1.89 per share, up 61% from a year earlier. A gain of $2.2 billion from equities on Google's balance sheet boosted Q1 earnings by about 15 cents. The tech giant reports earnings under generally accepted accounting principles, also known as GAAP.

Is Google a safe long term stock?

Alphabet is also cash rich. The company has generated cash flow growth of 15.1%, and is expected to report cash flow expansion of 16.7% in 2024. Investors should take the time to consider GOOGL for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.

Does Google stock have a future?

Analyst Ratings

The average analyst rating for Alphabet stock from 38 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Is Google a good long term buy?

Alphabet (GOOG, GOOGL) remains among the top mega-cap growth stocks investors are focused on, for good reason. The company's defensive business model and long-term growth rate have provided impressive returns on equity.

Which share is best to buy now?

Why is Google stock falling?

(Bloomberg) -- Alphabet Inc. is falling amid renewed fears that the Google owner's missteps in artificial intelligence are putting its search business at risk.

Who owns the most stock in Google?

Can Google stock hit $5,000?

The $5,000 per share thesis is somewhat dependent on there not being an economic slowdown anytime soon – although given that many observers predict an economic boost from the recovery of the coronavirus crisis, this possibility remains unlikely.

Who owns more shares of Google?

As of December 31, 2022, Larry Page owned 389,051,160 of Class A Google stock. His stake makes him the largest individual Alphabet investor.

Does Google pay dividends?

Google will use some of its cash flow to a) pay a dividend of 20 cents per quarter and expand its stock buyback program by another USD 70bn.

What is the highest Google stock has ever been?

Why invest in Google stocks?

There's no shortage of reasons to believe this is one of the best businesses in the world. Alphabet (GOOGL 10.22%) (GOOG 9.96%) has long been a stock market winner. Shares have risen by 338% in the past 10 years. This performance outpaces both the S&P 500 and the Nasdaq Composite.

Is amzn a buy right now?

Amazon has a conensus rating of Strong Buy which is based on 42 buy ratings, 0 hold ratings and 0 sell ratings. What is Amazon's price target? The average price target for Amazon is $212.41. This is based on 42 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

What are the safest stocks to buy long term?

Which stock is best for long term?

Is Google stock a buy or hold?

Alphabet stock has received a consensus rating of buy. The average rating score is and is based on 89 buy ratings, 10 hold ratings, and 0 sell ratings.

Is Apple a buy or sell right now?

Apple's analyst rating consensus is a Moderate Buy. This is based on the ratings of 30 Wall Streets Analysts.

Is Amazon a buy, hold, or sell?

Amazon stock has received a consensus rating of buy. The average rating score is A1 and is based on 98 buy ratings, 2 hold ratings, and 0 sell ratings.

How high can Google stock go?

GOOG Stock Forecast

While Jefferies and Barclays both revised GOOG's target price to $200, Oppenheimer analyst Jason Helfstein lifted it to $205. According to Helfstein, higher ad revenues will help to drive operating leverage at Alphabet, despite increased investments toward AI.

What could Google stock be worth in 10 years?

Stock Prediction 2030. In 2030, the Alphabet Inc. stock will reach $ 508.98 if it maintains its current 10-year average growth rate. If this Alphabet Inc. stock prediction for 2030 materializes, GOOG stock will grow 192.91% from its current price.

Is Google financially stable?

Alphabet's financial report card

In the final quarter of 2023, Alphabet Inc. demonstrated impressive growth in its financial metrics. Revenue jumped to $86.31 billion during this period, reflecting a 13% surge compared to the same quarter in the preceding year.