Alphabet GOOGL is set to report fourth-quarter 2024 results on Feb. 4. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. For fourth-quarter 2024, the Zacks Consensus Estimate for earnings is pegged at $2.
Silicon Setbacks Google might be one of the wealthiest corporations in the world, but that doesn't mean the multi-trillion-dollar company won't resort to downsizing. Over the last year, employees in the tech sector have watched in horror as waves of layoffs ravage their offices and send wages tumbling.
Google stock rose past resistance around the 200 price level after getting rejected at that level multiple times since mid-December.
Alphabet Inc.'s (NASDAQ: GOOG) stock is moving higher Friday ahead of its fourth-quarter earnings report, with analysts from Bank of America maintaining a positive outlook on the company's performance.
Alphabet shares closed above $200 value for the first time on Friday. While the Google parent faces regulatory hurdles and increased competition, analysts are generally optimistic about the company's opportunities in artificial intelligence.
Google Search and YouTube revenues are projected to grow at 10% and 11%, respectively in Q4, showing slower growth compared to Q3, primarily due to strong comparisons. Read more here.
Google's near-term potential looks bright. Click here to read more on how AI can help improve the outlook for GOOGL stock.
Artificial intelligence stocks were moving higher today as earnings season kicked into full swing and as investors continue to digest the impact of DeepSeek on the AI sector. The Nasdaq Composite and broader benchmark S&P 500 index were modestly higher as of 1:40 p.
Monness analyst Brian White has maintained their neutral stance on GOOGL stock, giving a Hold rating yesterday.Invest with Confidence: Follow
Alphabet's self-driving unit Waymo announced on Wednesday it plans to expand testing of its autonomous driving technology in over 10 new cities in 2025.
However, the road tests don’t necessarily indicate that commercial services are being imminently planned in these locations. So citizens of San Diego and Las Vegas — and the eight other locations — may spot a Waymo touring their cities this year, but they won't be able to hop in for a ride anytime soon.
With its 4-star rating, we believe Alphabet’s stock is undervalued compared to our long-term fair value estimate of $220 per share. We forecast Alphabet’s top line growing at a 10% compound annual growth rate over the next five years.