Where Will Alphabet Stock Be in 5 Years?
Of all of the "Magnificent Seven" stocks, the one getting the least respect right now is Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Alphabet has been plagued by many publicity blunders related to its generative artificial intelligence (AI) model, but these failures likely won't last forever.
So, where will Alphabet be five years down the road?
Alphabet is the parent company of Google, Android, YouTube, and more. While these seem like varied businesses, they are all heavily focused on advertising. Advertising provides 76% of Alphabet's revenue, so excelling in this area is crucial. It's also why getting its AI model right is critical.
Source Fool.com
Alphabet Inc. A Stock
€298.55
-0.650%
The stock is one of the favorites of our community with 165 Buy predictions and 2 Sell predictions.
As a result the target price of 334 € shows a slightly positive potential of 11.87% compared to the current price of 298.55 € for Alphabet Inc. A.
