Shares of Google's parent is the cheapest of the so-called Magnificent Seven stocks, and the only member cheaper than the index.
My sum of the parts analysis suggests Alphabet may be undervalued by 13% to 35%. I moved my $200 price target from year-end to the end of Q3. For the valuation analysis, I use EV/Sales and I compare Alphabet's segments to the closest matches at Amazon, Microsoft, Snapchat, and Meta. There is a big risk to my bull case: the ongoing antitrust trial could trigger a selloff if the remedies decision expected by August 2025 is unfavorable for Alphabet.
Google is offering buyouts to U.S. employees across multiple divisions of the company, including within its search division.
Google is overhauling a popular internal learning platform to focus on teaching employees how to use modern artificial intelligence tools in their daily work routines, CNBC has learned. The revamp underscores how companies, both within and outside of tech, are racing to train their employees to make the most of generative AI tools.
OpenAI has partnered with Alphabet Inc (NASDAQ:GOOG) to utilize its Google cloud service to address its need for computing capacity, according to a Reuters report. The deal, a surprise collaboration between the two rivals in the AI space, was reportedly finalized in May following months of discussions.
Alphabet Inc (NASDAQ:GOOG) shares rose on Tuesday following news that OpenAI has agreed to use Google Cloud's infrastructure, marking an unexpected collaboration between two of the biggest players in artificial intelligence/ According to a Reuters exclusive, citing three sources, the agreement was finalised in May. It will see Google provide additional computing power to support OpenAI's growing needs for training and operating its large language models.
Google Search seems to be valued at a multiple near zero while the company maintains growth in several key and distinct areas. Google's valuation is more than compelling, with continued growth in Google Search (despite Safari worries) and potential savings from reduced payments to Apple. I execute a sum-of-the-parts valuation, which demonstrates value currently unseen by the market.
I view Alphabet as undervalued, especially compared to other Magnificent 7 stocks, despite recent AI-related fears impacting its share price. AI is more of an opportunity than a threat for Google, with the company maintaining a leadership position in AI technology and integration. Bing's recent market share gains actually help Google by weakening monopoly arguments and reducing regulatory breakup risks.
Alphabet Inc. (GOOG) concluded the recent trading session at $177.63, signifying a +1.55% move from its prior day's close.
Alphabet (GOOGL) reachead $176.06 at the closing of the latest trading day, reflecting a +1.37% change compared to its last close.
A security researcher has discovered a bug that could be exploited to reveal the private recovery phone number of almost any Google account without alerting its owner, potentially exposing users to privacy and security risks.
Waymo vehicles were set ablaze in downtown Los Angeles on Sunday amid widespread protests against the Trump administration's immigration crackdown. The Alphabet-owned company has suspended robotaxi service in the protest area.