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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.

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Source Fool.com

Alphabet Inc. A Stock

€307.00
-1.210%
A loss of -1.210% shows a downward development for Alphabet Inc. A.
The stock is one of the favorites of our community with 166 Buy predictions and 2 Sell predictions.
As a result the target price of 334 € shows a slightly positive potential of 8.79% compared to the current price of 307.0 € for Alphabet Inc. A.
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