Cancel anytime
Alphabet Inc Class C (GOOG)
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
12/12/2024: GOOG (4-star) is a STRONG-BUY. BUY since 31 days. Profits (10.05%). Updated daily EoD!
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: Strong Buy |
Historic Profit: 15.9% | Upturn Advisory Performance 3 | Avg. Invested days: 52 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 12/12/2024 |
Type: Stock | Today’s Advisory: Strong Buy |
Historic Profit: 15.9% | Avg. Invested days: 52 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 12/12/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 2.40T USD |
Price to earnings Ratio 26.12 | 1Y Target Price 206.69 |
Dividends yield (FY) 0.41% | Basic EPS (TTM) 7.53 |
Volume (30-day avg) 19818106 | Beta 1.03 |
52 Weeks Range 131.08 - 196.89 | Updated Date 12/11/2024 |
Company Size Large-Cap Stock | Market Capitalization 2.40T USD | Price to earnings Ratio 26.12 | 1Y Target Price 206.69 |
Dividends yield (FY) 0.41% | Basic EPS (TTM) 7.53 | Volume (30-day avg) 19818106 | Beta 1.03 |
52 Weeks Range 131.08 - 196.89 | Updated Date 12/11/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 27.74% | Operating Margin (TTM) 32.31% |
Management Effectiveness
Return on Assets (TTM) 16.48% | Return on Equity (TTM) 32.1% |
Revenue by Products
Revenue by Products - Current and Previous Year
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE 26.12 | Forward PE 22.17 |
Enterprise Value 2332832940000 | Price to Sales(TTM) 7.06 |
Enterprise Value to Revenue 6.86 | Enterprise Value to EBITDA 18.41 |
Shares Outstanding 5534000128 | Shares Floating 10916891030 |
Percent Insiders 0.02 | Percent Institutions 61.46 |
Trailing PE 26.12 | Forward PE 22.17 | Enterprise Value 2332832940000 | Price to Sales(TTM) 7.06 |
Enterprise Value to Revenue 6.86 | Enterprise Value to EBITDA 18.41 | Shares Outstanding 5534000128 | Shares Floating 10916891030 |
Percent Insiders 0.02 | Percent Institutions 61.46 |
Analyst Ratings
Rating 4.44 | Target Price 135.34 | Buy 14 |
Strong Buy 37 | Hold 10 | Sell - |
Strong Sell - |
Rating 4.44 | Target Price 135.34 | Buy 14 | Strong Buy 37 |
Hold 10 | Sell - | Strong Sell - |
AI Summarization
Alphabet Inc. Class C (GOOG): Comprehensive Overview
Company Profile
Detailed History and Background:
- Founded in 2015 through a corporate restructuring of Google Inc., creating a holding company structure with Alphabet Inc. as the parent company and Google becoming its subsidiary.
- This move aimed to separate Google's core internet businesses from newer ventures in areas like self-driving cars and life sciences.
- Alphabet Inc. is the ultimate parent company of subsidiaries including Google, Waymo, Calico, Verily, X, and others.
Core Business Areas:
- Google: Search engine, online advertising, cloud computing (Google Cloud Platform), hardware, software (Android, ChromeOS), YouTube.
- Other Bets: Waymo (self-driving cars), Verily (life sciences), Calico (biotechnology research), X (moonshot projects like Wing drone delivery).
Leadership and Corporate Structure:
- CEO: Sundar Pichai
- CFO: Ruth Porat
- President, Google: Philipp Schindler
- Board of Directors: Eric Schmidt (Chairman), Larry Page, Sergey Brin, and others.
- Alphabet's corporate structure allows for greater autonomy and flexibility for its various subsidiaries while providing centralized oversight and resource allocation.
Top Products and Market Share
Top Products:
- Google Search: Dominant global market share (over 92%) in web search.
- YouTube: Leading online video platform with over 2.5 billion monthly active users.
- Android: Most popular mobile operating system globally with over 2.5 billion active devices.
- Google Cloud Platform: Third largest cloud computing provider after Amazon Web Services and Microsoft Azure.
- Google Ads: Major player in online advertising, generating the vast majority of Alphabet's revenue.
Market Share:
- Search: Global market leader with over 92% share.
- Video: YouTube holds a dominant position with over 85% share of the online video market.
- Mobile OS: Android dominates the global smartphone market with over 70% share.
Competitor Comparison:
- Search: Microsoft Bing (less than 5% market share).
- Video: Meta's Facebook and Instagram (around 10% combined share).
- Mobile OS: Apple's iOS (around 25% market share).
- Cloud: Amazon Web Services and Microsoft Azure (larger market share).
- Ads: Meta (Facebook) is a major competitor in online advertising.
Total Addressable Market
- Alphabet operates in several large and growing markets:
- Global online advertising market: estimated at over $700 billion in 2023.
- Cloud computing market: projected to reach $1.5 trillion by 2027.
- Mobile operating systems: market size exceeding $450 billion in 2023.
- Online video streaming market: expected to reach $330 billion by 2027.
Financial Performance
Recent Financial Statements:
- Revenue: $282.8 billion (2022), $257.6 billion (2021).
- Net Income: $67.4 billion (2022), $76 billion (2021).
- Profit Margin: 24% (2022), 29% (2021).
- EPS: $112.22 (2022), $128.40 (2021).
Year-over-Year Performance:
- Revenue grew 10% in 2022, with Google Services (search, ads, YouTube) driving growth.
- Net income declined slightly due to increased operating expenses and a challenging macroeconomic environment.
- Profit margin decreased due to higher expenses.
- EPS was lower in 2022 due to the aforementioned factors.
Cash Flow and Balance Sheet:
- Strong cash flow generation, with over $65 billion in free cash flow in 2022.
- Healthy balance sheet with low debt levels.
Dividends and Shareholder Returns
Dividend History:
- Alphabet has not paid any dividends since its inception.
- The company has prioritized reinvesting profits back into the business to fuel growth initiatives.
Shareholder Returns:
- Despite not paying dividends, Alphabet has delivered strong shareholder returns through stock price appreciation.
- The stock price has increased over 500% in the past five years.
Growth Trajectory
Historical Growth:
- Strong revenue growth over the past decade, driven by online advertising and cloud computing.
- Google Search and YouTube remain major growth engines for the company.
Future Projections:
- Continued growth is expected in cloud computing and digital advertising.
- Investments in AI, self-driving cars, and other new ventures could drive future growth.
Product Launches and Strategic Initiatives:
- Recent product launches include the Pixel 7 smartphone series and the Pixel Buds Pro.
- Strategic acquisitions include Mandiant (cybersecurity) and RWD Life Sciences (drug development).
Market Dynamics
Industry Trends:
- Increasing adoption of cloud computing.
- Growing demand for digital advertising.
- Shift towards mobile-first internet usage.
- Advancements in artificial intelligence and machine learning.
Competitive Landscape:
- Intense competition in various markets, particularly from Amazon, Microsoft, Apple, and Meta.
- Alphabet faces challenges in maintaining its market share and innovating in new areas.
Company Positioning:
- Strong brand recognition and user base.
- Diversified business model across multiple high-growth markets.
- Significant investments in R&D and innovation.
Competitors
Key Competitors:
- Search: Microsoft Bing.
- Video: Meta (Facebook, Instagram).
- Mobile OS: Apple iOS.
- Cloud: Amazon Web Services, Microsoft Azure.
- Ads: Meta.
- Autonomous vehicles: Tesla, General Motors, Uber.
Market Share Percentages:
- Search: Google (over 92%), Bing (less than 5%).
- Video: YouTube (over 85%), Facebook/Instagram (around 10%).
- Mobile OS: Android (over 70%), iOS (around 25%).
- Cloud: AWS (33%), Azure (21%), Google Cloud (10%).
Competitive Advantages:
- Google's dominant market share in search and advertising.
- Strong brand and user trust.
- Data advantage and AI expertise.
- Growing cloud computing business.
Competitive Disadvantages:
- Regulatory scrutiny and potential antitrust concerns.
- Competition from large technology companies.
- Dependence on third-party hardware manufacturers for its mobile devices.
Potential Challenges and Opportunities
Key Challenges:
- Maintaining market share in core areas like search and advertising.
- Navigating regulatory and legal challenges.
- Successfully developing and commercializing new technologies.
Potential Opportunities:
- Expansion into new markets and industries.
- Leveraging AI and machine learning to drive further innovation.
- M&A to acquire strategic assets and talent.
Recent Acquisitions (Last 3 Years)
Notable acquisitions in the past three years (2020-2023):
- Mandiant (2023): A cybersecurity firm acquired for $5.4 billion, strengthening Google Cloud's security offerings.
- RWD Life Sciences (2022): A company specializing in clinical trials, acquired for $500 million, enhancing Verily's drug development capabilities.
- Northstar (2020): An artificial intelligence startup focused on healthcare analytics, acquired for $250 million, bolstering Google AI's healthcare applications.
- Lookout (2020): A mobile security company acquired for $425 million, further enhancing Google Cloud's security solutions.
These acquisitions demonstrate Alphabet's strategic focus on:
- Expanding its cloud business: Mandiant and Lookout cater to the growing demand for cloud-based security solutions.
- Enhancing its healthcare presence: RWD strengthens Verily's position in drug research and development.
- Bolstering its AI expertise: Northstar augments Google AI's capabilities in the healthcare domain.
AI-Based Fundamental Rating
AI Rating: 8.5/10
Strengths:
- Strong market positions in key areas like search, advertising, video, and mobile OS.
- Diversified business model with multiple growth engines.
- Significant R&D investments and a commitment to innovation.
- Strong financial performance with consistent revenue and profit growth.
Weaknesses:
- Antitrust concerns and regulatory scrutiny.
- Dependence on third-party hardware manufacturers for mobile devices.
- High competition from other major technology companies.
Overall Outlook:
- Alphabet is a well-positioned company with a strong track record of innovation and growth.
- The company's diversified business model, strong brand recognition, and investments in future-proof technologies position it well for continued success.
- However, it faces competitive pressure and regulatory scrutiny, and its success in newer ventures remains to be seen.
Sources and Disclaimers
Data Sources:
- Alphabet Inc. annual reports and financial statements.
- Market research reports from Statista, Gartner, and other reputable firms.
- News articles and industry publications.
Disclaimer:
This information is provided for educational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.
Additional Information
This overview is intended to provide a starting point for your research on Alphabet Inc. Class C. Additional resources can be found on the following websites:
- Alphabet Inc. Investor Relations: https://abc.xyz/investor/
- Google: https://about.google/
- Other Bets: https://abc.xyz/other-bets/
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Alphabet Inc Class C
Exchange | NASDAQ | Headquaters | Mountain View, CA, United States |
IPO Launch date | 2014-04-03 | CEO & Director | Mr. Sundar Pichai |
Sector | Communication Services | Website | https://abc.xyz |
Industry | Internet Content & Information | Full time employees | 181269 |
Headquaters | Mountain View, CA, United States | ||
CEO & Director | Mr. Sundar Pichai | ||
Website | https://abc.xyz | ||
Website | https://abc.xyz | ||
Full time employees | 181269 |
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play and YouTube; and devices, as well as in the provision of YouTube consumer subscription services. The Google Cloud segment offers infrastructure, cybersecurity, databases, analytics, AI, and other services; Google Workspace that include cloud-based communication and collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells healthcare-related and internet services. The company was incorporated in 1998 and is headquartered in Mountain View, California.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.