Alphabet (GOOGL) stock closes up 1.04%, still lags behind market, with positive outlook.

From Nasdaq: 2025-02-28 17:45:18

Alphabet (GOOGL) closed at $170.25, up 1.04%. It lagged behind the S&P 500’s gain of 1.59%, Dow’s 1.39%, and Nasdaq’s 1.63%. In the past month, GOOGL shares fell 16.12%, worse than the sector and S&P 500. Earnings per share projected at $2.02 with revenue expected to be $75.65 billion.

Analysts predict Alphabet’s full-year earnings at $8.90 per share and revenue of $330.07 billion. Recent analyst revisions can indicate business outlook optimism. The Zacks Rank system, with Alphabet currently at #3 (Hold), has historically outperformed. Alphabet’s Forward P/E ratio is 18.93, below the industry average of 23.71. The PEG ratio stands at 1.22, with the industry average at 1.7. The Internet – Services industry is ranked 142 out of 250+ industries. Experts have identified 7 elite stocks with high potential for early price pops, offering an average gain of +24.3% per year since 1988.



Read more at Nasdaq: Alphabet (GOOGL) Ascends But Remains Behind Market: Some Facts to Note