Alphabet (GOOGL) stock closed at $175.90 with -0.28% movement, high expectations for earnings.

From Nasdaq: 2024-05-29 17:45:16

Alphabet (GOOGL) stock closed at $175.90, with a -0.28% movement, surpassing the S&P 500. Expectations are high for the upcoming earnings report, with a forecasted EPS of $1.85, a 28.47% increase. Analysts predict a revenue of $70.55 billion, a 13.67% rise. Alphabet currently holds a Zacks Rank #1 (Strong Buy).

With a Forward P/E ratio of 23.18 and a PEG ratio of 1.32, Alphabet is showing premium valuations compared to industry averages. The Internet – Services industry it belongs to ranks in the top 32% of all industries. Utilize Zacks.com to track stock-moving metrics and industry rankings.

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Read more at Nasdaq: Alphabet (GOOGL) Stock Moves -0.28%: What You Should Know