Key Details
Price
$192.79Last Dividend
$0.20TTM Dividend Yield
0.21%Annual ROE
27.36%Beta
1.20Events Calendar
Next earnings date:
Apr 25, 2025Recent quarterly earnings:
Feb 04, 2025Recent annual earnings:
Feb 04, 2025Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 09, 2024Next split:
N/ARecent split:
July 18, 2022Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
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Institutional Ownership
Alphabet's slight revenue shortfall and worries about the future of Search due to increasing AI tools like ChatGPT lead to a neutral view on the stock. While Google Search continues to grow steadily, the drop in Alphabet's Other Bets segment raises doubts about how the company is using its resources and its potential for future innovation. With a valuation of 28 times its expected free cash flow, Alphabet doesn't seem attractive enough for new investments, even though it has a strong cash reserve.
Alphabet's fourth-quarter results were a mix, as earnings per share exceeded predictions, but revenue fell short, causing a more than 7% drop in stock price after hours. Google Cloud's revenue growth slowed to 30% year-over-year, which was below expectations, although its operating income saw a notable increase. The slight shortfall in Google Cloud revenues was not because of low demand, but rather due to insufficient capacity to satisfy the high demand.
On Tuesday, Alphabet, Google's parent company, announced that its revenue increased in the last quarter. However, its shares fell due to worries that the company might be investing too heavily in artificial intelligence.
On Tuesday, Google revised its guidelines regarding artificial intelligence, eliminating commitments not to use the technology for military purposes or monitoring.
Alphabet Inc, the parent company of Google, has updated its AI guidelines by eliminating a previous promise not to use AI for military or surveillance purposes. They have also removed a restriction on AI uses that could potentially cause harm.
Alphabet Inc (NASDAQ:GOOG), the company that owns Google, saw a drop of $180 billion in its market value after its stock fell 7% in after-hours trading on Tuesday. This decline was triggered by Q4 revenue that was lower than anticipated and a spending forecast that worried investors.
On Wednesday, Alphabet's shares dropped by 7.3% in Frankfurt, following the company's quarterly earnings report. The report revealed that the growth of cloud revenue had slowed down and did not meet analysts' predictions.
US stock market indexes were up before the market closed on Tuesday, ignoring worries about trade issues after
Investors are evaluating China's quick response to Trump's new tariffs, as concerns grow about the possibility of a trade war.
Alphabet Inc. (NASDAQ:GOOG) will hold its Q4 2024 Earnings Conference Call on February 4, 2024, at 4:30 PM ET. The call will feature company leaders, including CEO Sundar Pichai and CFO Anat Ashkenazi, along with analysts from various financial institutions. The operator welcomes everyone and thanks them for joining the call.
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