Alphabet Inc’s stock price may face a short-term decline of 5.2%, but is expected to rebound with a 1.0% increase in the long-term.
Stock AI’s forecasts:
🔴 -5.2% short-term
🟢 +1.0% long-term
Stock AI’s (GOOGL) Forecast get (+21.9% Profit)
StockAI’s analysis delivers real-world results. On 15 March 2024, $GOOGL ($141.2), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $172.1 (🟢21.9%). Buying GOOGL on this signal yielded a +21.9% profit 💰💰.
GOOGL-Alphabet Inc. News
🔴 Alphabet Inc. (NASDAQ:GOOGL) Director Frances Arnold sold 80 shares of the business’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $167.38.
🟢 Alphabet Inc. (NASDAQ:GOOGL) Google will see its artificial intelligence features incorporated into upcoming Honor devices, the Chinese…
🔴 Alphabet Inc. (NASDAQ:GOOGL) owned Google said it will invest an additional 1 billion euros ($1.1 billion) to expand its data center campus in Finland.
🟢 Alphabet (NASDAQ:GOOGL – Free Report) had its price objective hoisted by JMP Securities from $160.00 to $200.00 in a report issued on Friday.
🔴 Alphabet (NASDAQ:GOOGL – Free Report) had its price objective hoisted by Robert W. Baird from $160.00 to $200.00 in a research note published on Friday.
🟢 Alphabet (NASDAQ:GOOGL – Free Report) had its target price boosted by Loop Capital from $155.00 to $170.00 in a report issued on Wednesday.
The recent news surrounding Alphabet Inc. stock has been a mix of positive and negative developments. The sale of shares by a director may have a slight negative impact on investor sentiment, while the investment in expanding data center operations and positive price objective adjustments by analysts could lead to a potential increase in the stock price. Despite some fluctuations, the overall long-term forecast for Alphabet Inc. stock remains stable.
GOOGL-Alphabet Inc. Analyst Ratings
In recent analyst ratings for Alphabet Inc. (NASDAQ:GOOGL) stock, we have seen a mix of upgrades and downgrades:
📈 Barclays raised their price target on Alphabet Inc. (NASDAQ:GOOGL) from $173.00 to $200.00.
📉 Loop Capital increased their price target on Alphabet Inc. (NASDAQ:GOOGL) from $155.00 to $170.00.
📉 Needham & Company LLC raised their price target on Alphabet Inc. (NASDAQ:GOOGL) from $160.00 to $210.00.
Sources:
1. Yahoo Finance
2. Benzinga
3. ETF Daily News
4. Forbes
5. Bloomberg
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
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