Alphabet's stock price drops 0.39%, but analysts predict positive growth

From Nasdaq: 2025-03-06 17:45:14

Alphabet’s stock price closed at $172.35, down 0.39% from the previous day, outperforming the S&P 500. Analysts predict Alphabet’s upcoming earnings per share to be $2.02, with revenue estimated at $75.65 billion, showing positive growth compared to the previous year. Analyst estimate changes can affect stock performance, with Alphabet currently holding a Zacks Rank of #3 (Hold).

Alphabet has a Forward P/E ratio of 19.44, lower than the industry average. The PEG ratio stands at 1.26, indicating potential undervaluation. The Internet – Services industry, where Alphabet operates, has a Zacks Industry Rank of 139, placing it in the bottom 45% of all industries. Utilize Zacks.com for further stock metrics.

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Read more at Nasdaq: Alphabet (GOOGL) Stock Moves -0.39%: What You Should Know