Cowen Sets $125.00 Price Target for Alphabet
January 14, 2023
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Alphabet Inc Intrinsic Value – Alphabet Inc ($NASDAQ:GOOGL). is one of the world’s leading technology companies, and the parent company of Google. Recently, Cowen, a financial services firm, has set a new price target of $125.00 for Alphabet Inc.’s stock. Cowen has high expectations for Alphabet’s stock due to their impressive performance in the past year and their potential for future growth. Alphabet’s success is largely attributed to its focus on artificial intelligence (AI) and machine learning technologies, which have enabled the company to develop innovative products and services. The company’s AI-driven products and services have helped them remain competitive in a rapidly changing marketplace.
Additionally, Alphabet has committed to investing in renewable energy technology, which could further increase their potential for future growth. In addition to these positive developments, Cowen also noted that Alphabet’s strong balance sheet could provide them with the necessary resources to make further investments in their technology and infrastructure. This could potentially increase the company’s value and share price over time. Overall, Cowen’s new price target of $125.00 for Alphabet Inc. reflects the company’s potential for future growth and success. With their continued focus on AI, machine learning, and renewable energy technology, Alphabet could be well-positioned to capitalize on the current market conditions and continue to grow in the future.
Price History
On Wednesday, ALPHABET INC stock opened at $89.2 and closed at $91.5, up by 3.5% from prior closing price of 88.4. Cowen, a financial services company, has set a price target of $125.00 for the stock. This is good news for investors as the stock has now become more attractive compared to its previous price. The higher price target set by Cowen means that they are expecting the stock to reach a higher price than the current one. This is a positive indicator for the company and its future growth prospects. They have been successful in creating products and services that have become essential for businesses and individuals around the world. Their portfolio includes Google search, Google Maps, Google Drive, YouTube, Google Translate, and many other popular products and services.
The company’s impressive financial performance has also contributed to the increase in their stock price. They have reported consistent revenue and profit growth over the last few years. They have also recently announced plans to invest in new technologies that will help them further expand their product offerings and increase their profits. The optimistic outlook for Alphabet Inc has been reflected in the increased price target set by Cowen. This is an encouraging sign for investors and suggests that the stock is likely to continue to perform well in the future. Investors should monitor the stock closely as it may provide them with an opportunity to generate good returns in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Alphabet Inc. More…
| Total Revenues | Net Income | Net Margin |
| 282.11k | 66.99k | 24.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Alphabet Inc. More…
| Operations | Investing | Financing |
| 92.81k | -25.09k | -68.64k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Alphabet Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 358.25k | 104.63k | 19.55 |
Key Ratios Snapshot
Some of the financial key ratios for Alphabet Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.1% | 32.6% | 28.0% |
| FCF Margin | ROE | ROA |
| 22.2% | 19.4% | 13.8% |
VI Analysis – Alphabet Inc Intrinsic Value Calculator
Alphabet Inc. is one of the most successful companies in the world and its fundamentals reflect this. A great way to analyse its potential is through the use of the VI app. This app allows for a quick and easy way to assess the intrinsic value of a company’s share. In the case of Alphabet Inc., the app estimates that the intrinsic value of its share is around $133.8. At present, Alphabet Inc.’s stock is trading at $91.5, which is 32% lower than its intrinsic value. This means that Alphabet Inc.’s stock is currently undervalued and could be a good investment option for those looking to make money in the stock market. Furthermore, with such a strong company at its core, Alphabet Inc. looks set to be a profitable long-term investment. More…
VI Peers
The company is one of the largest technology companies in the world and competes with other large tech giants such as HUTN Inc, China VTV Ltd, and Yandex NV. All these companies have different areas of expertise and offer unique products and services, making them formidable competitors of Alphabet Inc.
– HUTN Inc ($OTCPK:HUTN)
HUTN Inc is a public company that specializes in software development and consulting services. As of 2022, the company has a market capitalization of 3.44 million. This means that the current market value of the firm is 3.44 million, which can be used as a measure of its size and financial strength. Additionally, HUTN Inc has a negative Return on Equity (ROE) of -7.31%, which indicates that the company is not generating a sufficient return on the owners’ equity. This could indicate that the company is not being managed effectively or that it is not utilizing its resources effectively.
– China VTV Ltd ($OTCPK:CVTV)
China VTV Ltd is a diversified media and entertainment company that operates television and radio broadcasting networks, as well as an online video platform. The company has a market capitalization of 1.5 billion as of 2022, which reflects its strong presence in the Chinese media and entertainment industry. The Return on Equity (ROE) for China VTV Ltd is -4.41%, which indicates that the company is not generating a positive return on its equity investments. Despite this, investors remain bullish on the company due to its strong market position and breadth of services offered.
– Yandex NV ($BER:YDX)
Yandex NV is a leading Russian technology company that specializes in internet-related products and services, including search engines, transportation and navigation services, e-commerce, online advertising, and more. The company has a market capitalization of 5.38 billion dollars as of 2022, making it one of the largest companies in Russia. Yandex NV also boasts an impressive Return on Equity of 12.35%, which is much higher than the industry average. This indicates that the company is generating consistent returns for shareholders. Yandex NV continues to be a leader within the Russian technology industry and its strong market cap and ROE make it a top pick for investors.
Summary
Investing in Alphabet Inc., the parent company of Google, can be a profitable endeavor. Recent analyst Cowen issued a price target of $125.00, which sent the stock price up on the same day. Alphabet Inc. is a leader in providing technology services and products, ranging from search engine and online advertising to cloud computing and hardware. The company has a strong track record of consistent revenue growth and profitability, making it a reliable investment option.
In addition, Alphabet Inc. offers a wide range of innovative products and services, which makes it attractive to investors looking for potential growth opportunities. With its focus on the future, Alphabet Inc. is well-positioned to capitalize on new technological advancements and remain a leader in the industry.
