In the latest quarter, 43 analysts provided ratings for Alphabet GOOGL, showcasing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings ...
While Alphabet is seeking to diversify its business away from search, text-based advertising remains the largest contributor to the firm’s top line creating a concentration risk.
Alphabet’s cloud platform growth is outpacing ad revenue growth and gaining ground on AWS and Microsoft Cloud. I’m bullish on GOOGL stock, especially with an undemanding 23.4 P/E ratio. Disclosure ...