The Google stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Based on my understanding, Google stock (GOOGL/GOOG) appears to be a worthwhile investment consideration. As of November 2024, out of 41 analysts covering the stock, there's a strong consensus ``Buy'' rating with a price target of around $205, suggesting a potential 20% upside from current levels.
You'll see that if you put $1,000 into GOOGL stock 20 years ago, it would be worth about $35,000 today. The same amount invested in an S&P 500 index fund would be worth about $7,650. Happily for GOOGL shareholders, analysts see plenty more upside ahead for the Magnificent 7 stock.
Stock Price Forecast
The 40 analysts with 12-month price forecasts for Alphabet stock have an average target of 207.58, with a low estimate of 165 and a high estimate of 235. The average target predicts an increase of 8.09% from the current stock price of 192.04.
Even if Alphabet is trading at 24 times forward earnings after five years, which is equivalent to its five-year average forward price-to-earnings ratio, its stock price could jump to $332 in five years.
Based on analyst ratings, Amazon's 12-month average price target is $249.16. Amazon has 13.80% upside potential, based on the analysts' average price target. Amazon has a consensus rating of Strong Buy which is based on 47 buy ratings, 1 hold ratings and 0 sell ratings.
The company owns a range of products, including Google Search, Google Maps, YouTube, Google Cloud, and Waymo. Alphabet's (NASDAQ:GOOGL) performance in Q3 2024 was predominantly driven by its growing demand for search and cloud due to artificial intelligence.
So, if you had invested in Amazon ten years ago, you're likely feeling pretty good about your investment today. A $1000 investment made in December 2014 would be worth $14,983.08, or a gain of 1,398.31%, as of December 12, 2024, according to our calculations.
The table below shows the present value (PV) of $1,000 in 20 years for interest rates from 2% to 30%. As you will see, the future value of $1,000 over 20 years can range from $1,485.95 to $190,049.64.
Alphabet's Class A stocks (GOOGL) come with voting rights while the Class C stocks (GOOG) do not. Because of this difference, GOOG tends to trade at a slight discount compared to GOOGL. Other than voting rights, both classes of stocks are similar – both allow you to own an equal stake in Alphabet.
Google parent Alphabet (GOOG) just announced a quarterly dividend — adding to the S&P 500 dividend average. But don't get your hopes up too high. The company is paying just 20 cents a share starting on July 17. Assuming that dividend is paid four times a year, Alphabet will yield just 0.46%.
Intrinsic Value. The intrinsic value of one GOOGL stock under the Base Case scenario is 147.74 USD. Compared to the current market price of 192.04 USD, Alphabet Inc is Overvalued by 23%.
Microsoft's analyst rating consensus is a Strong Buy.
Apple's analyst rating consensus is a Moderate Buy. This is based on the ratings of 29 Wall Streets Analysts.
The Numbers on Apple Stock
Those gains translate to a 32.3% compound annual growth rate (CAGR) for Apple compared to an 8.3% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth more than $2.71 million today, assuming reinvested dividends.
For Netflix, if you bought shares a decade ago, you're likely feeling really good about your investment today. A $1000 investment made in November 2014 would be worth $14,248.59, or a 1,324.86% gain, as of November 7, 2024, according to our calculations.
GOOGL Stock 12 Month Forecast
Class A in the last 3 months. The average price target is $215.39 with a high forecast of $240.00 and a low forecast of $185.00. The average price target represents a 12.16% change from the last price of $192.04.
Analysts See 13% Upside For Amazon Stock
The 30-year-old Amazon is among the world's most valuable companies. It is a leader in e-commerce spending and in cloud computing through its Amazon Web Services business. It is also quickly growing its advertising business into a challenger to Google (GOOGL) and Meta (META).
The company's financial health is another consideration in my Buy rating. This is because, as of September 30th, 2024, Google had a total cash and marketable securities balance of over $93 billion. This puts the company on pace to collect over $4 billion in net interest income for 2024.
COST Stock Forecast FAQ
Costco has 14.51% upside potential, based on the analysts' average price target. Is COST a Buy, Sell or Hold? Costco has a consensus rating of Moderate Buy which is based on 17 buy ratings, 8 hold ratings and 0 sell ratings.
Is WMT a Buy, Sell or Hold? Walmart Inc. has a consensus rating of Strong Buy which is based on 26 buy ratings, 2 hold ratings and 0 sell ratings.
The Future of Amazon
Forecasters predict that Amazon will reach $200 per share a year from now and will continue to rise to $250 per share at the end of 2026. In 2027, the prediction is for a price of $300, and $250 by the end of 2028.