Is Google stock Overvalued? (2024)

Is Google stock Overvalued?

The intrinsic value of one GOOG stock under the Base Case scenario is 125.52 USD. Compared to the current market price of 142.17 USD, Alphabet Inc

is Overvalued by 12%.

What is the fair price for Google stock?

As of 2024-03-17, the Fair Value of Alphabet Inc (GOOGL) is 139.91 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 141.18 USD, the upside of Alphabet Inc is -0.9%.

Is Google a good stock to buy long-term?

Alphabet (GOOGL -1.34%) (GOOG -1.50%) has long been a stock market winner. Shares have risen by 338% in the past 10 years. This performance outpaces both the S&P 500 and the Nasdaq Composite.

How high is Google stock expected to go?

Current GOOGL stock price $132.7. According to analytical forecasts, the price of GOOGL stocks may reach $156.76 by the end of 2024, and it is expected to be - $271.84 by the end of 2029.

Why is Google stock falling so much?

Also, Google's relative strength line has been weakening since it reported fourth quarter earnings. Further, institutional ownership also has weakened. GOOGL stock holds an Accumulation/Distribution Rating of D.

What is a good price to buy Google stock?

Average Price Target

Based on 37 Wall Street analysts offering 12 month price targets for Alphabet Class A in the last 3 months. The average price target is $164.59 with a high forecast of $180.00 and a low forecast of $141.00. The average price target represents a 20.02% change from the last price of $137.14.

How much will Google stock be worth in 5 years?

According to the latest long-term forecast, Google price will hit $150 by the middle of 2024 and then $200 by the end of 2026. Google will rise to $250 within the year of 2029, $300 in 2031 and $350 in 2034.

Is Google a buy hold or sell?

Out of 20 analysts, 13 (65%) are recommending GOOGL as a Strong Buy, 6 (30%) are recommending GOOGL as a Buy, 1 (5%) are recommending GOOGL as a Hold, 0 (0%) are recommending GOOGL as a Sell, and 0 (0%) are recommending GOOGL as a Strong Sell.

Is Google a risky investment?

Put simply: I think that Google stock has upside, but not very much. The company's prospects do not in any way imply that it is about to crash, but after a significant rally off the 2022 lows, Google doesn't look like it has all that much further to run.

Can Google stock reach $10 000?

Alphabet - Class A stock would need to gain 6,979.65% to reach $10,000. According to our Alphabet - Class A stock forecast, the price of Alphabet - Class A stock will not reach $10,000. The highest expected price our algorithm estimates is $ 184.82 by Jan 5, 2025.

What is the highest Google stock has ever been?

Historical daily share price chart and data for Alphabet since 2014 adjusted for splits and dividends. The latest closing stock price for Alphabet as of March 15, 2024 is 142.17. The all-time high Alphabet stock closing price was 154.84 on January 29, 2024.

Is Google good to invest in right now?

GOOG Signals & Forecast

There are mixed signals in the stock today. The Google stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal.

Can Google stock hit $5,000?

The $5,000 per share thesis is somewhat dependent on there not being an economic slowdown anytime soon – although given that many observers predict an economic boost from the recovery of the coronavirus crisis, this possibility remains unlikely.

What stocks are expected to split in 2024?

What is the most promising AI stock?

Is Google stock going to rebound?

Shares in Google parent Alphabet (NASDAQ:GOOG,GOOGL) may have tumbled after last month's quarterly earnings release, but so far this month, shares in this “Magnificent Seven” component have been rapidly bouncing back.

Does Google pay a dividend?

Dividend Overview. GOOG does not currently pay a dividend.

What is the most valuable company in the world?

Is Nvidia stock Overvalued?

Valuation guru Ashwath Damodaran believes that the rise in Nvidia stock has gone too far. While the “dean of valuation” believes that almost the entire “Magnificent 7” lineup is overvalued, he singled out NVDA in particular.

Which share is best to buy now?

What will Amazon be worth in 2040?

Amazon price prediction key takeaways:

A more realistic projection, based on the historical yearly average of the S&P 500, suggests a price of $1,021 by 2040 and $2,934 by 2050 (which would be a +1,627% increase compared to current rates).

How high can Amazon stock go?

Average Price Target

Based on 41 Wall Street analysts offering 12 month price targets for Amazon in the last 3 months. The average price target is $208.48 with a high forecast of $230.00 and a low forecast of $175.00. The average price target represents a 16.40% change from the last price of $179.10.

Do I buy GOOG or GOOGL?

For this reason, GOOGL shares tend to trade at a slightly higher price than GOOG shares, due to the additional voting rights. However, most retail investors cannot buy enough shares to significantly affect the company's policies, making GOOG the slightly more cost-effective choice.

Is Amazon a strong buy now?

AMZN is a Zacks Rank #1 (Strong Buy) stock, with a Momentum Style Score of B and VGM Score of B. Shares are down 1.6% over the past one week and up 0.5% over the past four weeks. AMZN has gained 93.3% in the last one-year period as well.

Is Apple a buy hold or sell?

Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 69 buy ratings, 28 hold ratings, and 2 sell ratings.