Why Alphabet Stock Cycled Higher Today
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock surged 5% through 11:45 a.m. ET Thursday after beating earnings forecasts last night.
Before its Q3 report, analysts forecast the Google parent company would earn $2.26 per share on sales of $100.1 billion. Alphabet actually earned $2.87 per share, and sales were $102.4 billion.
Image source: Alphabet.
Source Fool.com
Alphabet Inc. A Stock
€307.00
-1.210%
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 8.79% for Alphabet Inc. A compared to the current price of 307.0 €.
