Alphabet's Q3 FCF and revenue growth leads to optimistic predictions for stock value

From Barchart: 2024-10-30 17:48:31

Alphabet’s Q3 revenue and free cash flow (FCF) saw significant growth, with the FCF margin jumping to 20% from 16% in Q2. Analysts predict that this strong performance could drive the value of GOOG stock up to $3 trillion over the next year, reaching $244 per share.



Read more at Barchart: Alphabet’s Q3 Free Cash Flow Surges – Options Activity Provide Good Income Plays