Where Will Alphabet Stock Be in 3 Years?
Share prices of (NASDAQ: GOOG) (NASDAQ: GOOGL) have outperformed the Nasdaq-100 Technology Sector index over the past three years, delivering gains of 51% as compared to the 26% gains clocked by the index. However, investors might expect more from the search engine leader thanks to the emergence of new catalysts.
Let's take a closer look at what's likely to supercharge Alphabet's growth over the next three years and see if it can help the stock deliver stronger gains.
Alphabet finished 2023 with revenue of $307.4 billion, an increase of just 10% from the previous year. Revenue had a compound annual growth rate of 19% between 2020 (when it reported $182.5 billion) and 2023. Its growth dipped last year because of a slowdown in the digital advertising market.
Source Fool.com
Alphabet Inc. C Aktie
Alphabet Inc. C wird von der Community leicht favorisiert: Mehr Buy- als Sell-Einschätzungen.
Für Alphabet Inc. C ergibt sich mit einem Kursziel von 367 € eine mögliche Steigerung von über 20% gegenüber 299.6 €.
