Is Alphabet Stock a Buy Now?
(NASDAQ: GOOGL) (NASDAQ: GOOG) reported better-than-expected fourth-quarter 2023 revenue and diluted earnings per share (EPS) of $86.3 billion and $1.64, respectively. However, the stock dipped following the news, as the market was disappointed with a component of Alphabet's revenue.
Shares are taking a bit of a breather, which might be needed as they soared 54% in the last 12 months before the drop. Investors have a lot to think about.
Is Alphabet stock a smart buy right now? To answer that question, let's take a closer look at the latest financial results from this dominant tech business. Then we can zoom out and view Alphabet with a long-term perspective.
Source Fool.com
Alphabet Inc. A Stock
€311.50
0.270%
With 166 Buy predictions and 2 Sell predictions Alphabet Inc. A is one of the favorites of our community.
With a target price of 334 € there is a slightly positive potential of 7.22% for Alphabet Inc. A compared to the current price of 311.5 €.
