Key takes
Google Parent Alphabet (Googl) will report the results of the fourth quarter after the market ends on Tuesday.
Of the 19 analysts that cover the stock tracked in Visible Alpha, 15 issued 15 “Purchase” or equivalent evaluation, and made four “hold” evaluation. Their consensus price is about $ 219, which is about 7 % higher than Friday’s closing price.
ALPHABET reports the profits of $ 96.6 billion, 12 % from the previous year, and $ 261.9 billion ($ 2.12 per share) the previous year ago.
Jefferies recently wrote that “the basics seem to be improved by solid advertising expenditures” and states that they are seeing an increase in the demand for Google Cloud, and visible alpha surpasses the consensus. We maintained “Purchase” rating and $ 235 price goals. 。
Tech Giant’s expenditure to AI is probably focused after the emergence of a sophisticated and expensive AI model from the Chinese startup Deepseek, causing concerns about the competitiveness of US companies and expenditures on emerging technology. You will hit it.
Bank of American analyst told the client on a Friday note that he was seeing the strong results of last week’s meta (meta). Earlier this week, Raymond James and Bank of American analysts could act with a great urgency for Tech’s development of Deepseek. I suggested.
ALPHABET’s shares gained about 43 % in the last 12 months and were $ 204.02 at the end of Friday.
