From Nasdaq: 2025-03-22 07:55:00

Shares of Alphabet Inc. (NASDAQ: GOOGL) have entered a bear market, down 22% from their 52-week highs due to broader U.S. equities selloff. Growth-focused tech stocks, including GOOGL, have been hit hard this year.

Despite the sell-off, GOOGL’s valuation is becoming more attractive, with a forward P/E of nearly 18. However, Alphabet faces challenges in its cloud division and regulatory concerns.

Alphabet announced its largest acquisition, a $32 billion deal to acquire Wiz, Inc., a cloud security startup. This move aims to strengthen Google Cloud’s security offerings and compete against Microsoft and Amazon.

Analysts rate GOOGL as a Moderate Buy with a consensus price target of $210, suggesting a potential 31% gain. Despite risks, Alphabet’s strong fundamentals and recent strategic moves may offer a compelling buying opportunity.



Read more at Nasdaq:: Alphabet Stock Becomes a Low-Risk, High-Reward Play