Google Stock Price Forecast & Long-term Prediction

  • Alphabet Inc. is a holding company that owns Google and several other businesses. 

  • Google stock is traded on NASDAQ in two classes: Class A (GOOGL) has one vote, and Class C (GOOG) has none.

  • In October 2024, the company was the 4th largest in the world. Its market cap reached $1.999 T.

 

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Google Stock Price for Today (10/22/2024)

The Google stock forecast on the 10/22/2024  is bearish. The market is getting squeezed by the high Fed Funds Rate and other negative factors.

Minimum forecast cost

155.08 USD

Maximum Forecast Value

171.4 USD

% value change

+0.4%

Key Findings

  • Price Today — 164.07 USD.

  • Price at Q4 of 2024 — $196.

  • Price for next year 2025 — $249.

  • Long-term price 2025-2030 — $249-$472.

Wall Street analysts say Google is a good investment. It's the market leader and has a high reliability rating. Its stock has long-term growth potential.

 

Google (GOOGL) Technical Analysis

On most timeframes, popular technical analysis indicators give a sell signal. For example, on the H5 chart:

  • The RSI stands at 45, indicating that the stock is far from being oversold;

  • The Bull/Bear Power is -4.1961;

  • The price is below the MA200.

These factors point to a bearish trend. There are reasons to expect its continuation in the coming month. One of the signals is the breakdown of the medium-term upward channel. The nearest support level is around $140. Another factor is the Engulfing Bearish candlestick pattern, which has medium reliability and is visible on the 1-week time frame (1W).

At the same time, there are no strong resistance levels on the chart. If positive news emerges, a renewed upward trend is possible. Under favorable market conditions, a new all-time high could be reached.

Disclaimer: It is not intended to provide personalized investment advice. 

 

Strong buy

Fundamental analysis

According to the beststocks.ru service data, Google contain good fundamentals:

  • return on investment (TTM) is 20.34%;

  • Sales over the last 12 months increased by 13.38% compared to the same period a year ago.

  • EPS is $7.04.

Multiplier

Value at the October 10, 2024

P/E

23.22

EBITDA (TTM), mln $

111.545

EV/EBITDA (TTM)

16.68

ROE % (TTM)

30.87

ROA % (TTM)

15.96

Net income, mln $ (the first half of 2024)

47,281

 

Where will be Google Stock in 5 years

Google’s stock price forecast for the next five years is bullish. The company is expected to increase its net income. The key factors of stock price increase will be:

  • advertising revenue growth;

  • development of cloud business;

  • emergence of new services.

The average forecast for Class A stocks is in the table below.

Year

Price, $

Percent change from current price

2024

196

+20.98

2025

173

+8.25

2026

198

+23.69

2027

212

+32.38

2028

240

+49.66

 

What is Google's 12-month stock price forecast? 2024 Forecast

Alphabet's stock price forecast for the end 2024 is bullish. According to investing.com, analysts' price target for the next months for GOOGL is:

  • minimum — $167.8;

  • average — $200.28;

  • maximum — $220.

For example, BMO Capital Markets believes that the value of the shares will reach $215. Tigress Financial analysts are maximally optimistic. Their target price is $220. Piper Sandler and JMP Securities experts are pessimistic. They expect quotes to drop to $200.

The table below shows the Class A stock forecast for the next 12 months. 

Date

Minimum expected price, $

Maximum expected price, $

November, 2024

186.90

193.07

December, 2024

192.23

196.78

January, 2025

197.05

201.57

February, 2025

201.12

210.13

March, 2025

201.88

214.27

April, 2025

191.70

209.51

May, 2025

196.36

209.06

June, 2025

206.68

217.91

July, 2025

215.47

223.49

August, 2025

218.73

230.34

September, 2025

227.87

233.85

October, 2025

230.17

245.87

 

What will Google stock be worth in 2025?

Analysts think Google's stock will keep going up in the first half of 2025. It will probably give to 1.5 times in price relative to the current price. There might be a slight drop at the end of the year. 

Prash Raval of Invezz.com thinks Alphabet will reach $300 by the end of 2025. Some analysts think it will reach $400. Others think it will reach $190-220.

Experts say Google's main risk is competition from GPT chat. If people use less Google, it will affect the price.

Month

Minimum expected price, $

Maximum expected price, $

January

197.05

201.57

February

201.12

210.13

March

201.88

214.27

April

191.70

209.51

May

196.36

209.06

June

206.68

217.91

July

215.47

223.49

August

218.73

230.34

September

227.87

233.85

October

230.17

245.87

November

231.56

239.09

December

235.05

249.62

 

Google Price Prediction 2026

In 2026, prices can drop from their 2025 highs. This is due to market fluctuations. Negative factors may also affect prices, such as a worsening economy and stronger competitors.

Wallet Investor is least optimistic, with analysts forecasting $195 by 2026. BeatMarket experts disagree, saying the company can still show growth in quotes even in a bad economy.

Month

Minimum expected price, $

Maximum expected price, $

January

246.75

258.16

February

256.39

261.70

March

256.28

263.17

April

261.10

284.35

May

277.49

285.59

June

280.62

296.56

July

294.70

306.75

August

299.32

314.52

September

312.99

322.17

October

321.42

333.57

November

330.93

343.41

December

333.29

344.52

 

Google Forecast 2027

Google's stock is expected to rise again after reaching $300 in 2027. This is based on data from previous years.

However, other analysts are pessimistic. For example, they say the following target prices:

  • $210 — Wallet Investor;

  • $212 — stockraven.com;

  • $219 — Trades Union.

BeatMarket thinks the prices will be above $300 for most of 2027. See the table below for more details.

Month

Minimum expected price, $

Maximum expected price, $

January

332.80

347.23

February

340.40

357.53

March

348.68

357.97

April

344.88

358.82

May

337.73

366.53

June

341.21

358.95

July

344.33

364.65

August

342.33

365.88

September

328.76

347.67

October

334.87

347.97

November

337.90

352.37

December

338.72

357.96

 

Google Price Forecast 2028

In 2028, experts think prices will drop. This is based on models that look at how volatile the asset has been in the past. Prices probably won't go above $400. The average price in 2028 is expected to be $334.

The price could drop to $300 or more. Analysts at stockraven.com say it will be $240. Trades Union says it will be between $229 and $241 by 2029.

The table below shows the more optimistic forecast for each month of 2028. 

Month

Minimum expected price, $

Maximum expected price, $

January

346.13

359.24

February

336.72

351.99

March

335.29

348.49

April

328.18

346.50

May

337.06

350.69

June

337.04

352.24

July

348.75

364.18

August

345.72

355.18

September

349.49

371.20

October

366.72

372.94

November

370.73

394.38

December

387.23

$97.85

 

Long-Term Google Forecast 2030 to 2050

Google stock is expected to do well in the long term. This is because the stock market is growing and the company is successful. 

Alphabet is expected to:

  1. Google is still the top search engine, with over 90% of the market.

  2. Bard chatbot development will help it beat competitors like Bing.

  3. Google Cloud, AI, and machine learning.

Google should focus on maintaining its leadership in search and implementing AI. If it succeeds, Google stock could be a good investment.

 

Google Stock Projections For the Next 10 Years

Experts accord Google's stock will be worth more in 10 years. For example:

  • The Stockraven platform predicts a rise in value to $344.

  • The Coinpriceforecast service says the price will be between $349 and $357.

  • Trades Union predicts that Class A stocks will be quoted around $407-$427.

Analysts say the asset will appreciate 2-2.5 times over the next 10 years. This could mean a good yield even if there are no dividends.

BeatMarket experts also give a bullish forecast. We expect that by 2034 Google's quotations will securely fix above $400. It is possible to test the $500 threshold.

 

Google price prediction 2030

Analysts think Google quotes will grow a lot by 2030. Coincodex says they'll be worth $472. Coinpriceforecast says $283-$300. The lowest estimate is offered by Stockraven service. Its target price is only $276.

Stocks will be worth more in 2030 because of these factors:

  • AI development successes;

  • increased advertising revenue;

  • new services.

BeatMarket experts think the price will be between $400 and $410. We don't think it will be less than that. If the stock market is doing well, it could go up to $450 or $500.

 

Google Forecast 2040

Long-term forecasts based on extrapolation of past data point to growth of quotations. Analysts believe that Alphabet will be able to maintain its leading position in the industry.

Long-term stock price prediction is unreliable. Experts name the following range of quotations as the most probable:

  • minimum price — $445;

  • average price — $724-$759;

  • maximum price — $899.

Analysts use different forecasting models and estimate the prospects of the stock market and technology companies differently.

According to our prediction, the $700-$800 range is the most probable. This corresponds to an increase of up to 500% relative to the current price. 

 

Google Future price 2050

Experts agree that Google's stock will be more expensive in 2050 than it is today. The company's own business successes will contribute to this. It is expected to grow revenue by developing new industries and maintain its current market share.

According to Coincodex, Google's stock is expected to be worth more in 2050 than it is today:

  • $1,199 - with an ROI of 8.32% per year (this is the average since the IPO);

  • $2,393 - when the quotes go up with the S&P500 index return;

  • $6,321 when the growth rate is 15.2% per year (this is the result of QTEC, an ETF that includes stocks of technology companies).

At the same time, the Stockraven platform forecasts the asset's price to increase only to $625. Experts at Stockscan set a target level of $1,232.

 

About Google (GOOG)

google logo

Google was founded in 1996. It went public in 2004 on the NASDAQ exchange. Class A stocks were offered during the IPO. Class C stocks became available in 2014. Class B stocks are not publicly traded. In 2015, Google was reorganized into Alphabet.

Google is a tech company. The basis of the business is making money from selling ads on Google pages and other resources. It also has other businesses. For example, it has bought a company that makes fitness trackers and a company that makes information security products. This should provide diversification in the future.

The company doesn't pay dividends. It uses all its revenue to invest in and develop the business.

 

Google Stock Price History Chart

Year 2008

From November 2007 to November 2008, prices fell by 56%. This was caused by the global financial crisis. 

Years 2021-2022

In fall 2021, the bullish trend ended. By December 2022. The quotations went into a bearish phase and the value of Class A stocks fell below $90.

Year 2024

The highest price was recorded in the summer. On July 10, it reached $191.75. As of the time of writing, this level remains the all-time high.

What Influences Google Price

Company's business successes

Quotes movement depends on market expectations. The stock price increases when the revenue forecast is positive. When a company issues a weak report or is expected to reduce earnings in the future, the value falls.

Regulator's actions

If the company breaks the rules, it could be fined. New anti-monopoly laws could mean less market share. Bad news about the company could make its shares worth less.

Economic situation

Stocks rise and fall with the economy and interest rates. When the economy is growing and interest rates are low, stocks do well. But in periods when there's a crisis, investors move into other assets, which leads to falling stock prices.

Is Google a good stock to buy?

Short-term

(1-6 month)
This is not a good short-term investment for people who want to make money quickly. After the market reaches new highs, it will probably drop. This is also not a good investment for people whose purpose is to make money without doing much work. Google stocks can be used for trading, i.e. constantly buying or selling. This will allow you to earn not only on the growth, but also in addition to the decline in quotations. But the beta coefficient of this asset is only 1.04. Its price changes a little faster than the S&P500 index.

Medium-term

(6-12 month)
In October 2024, the company still has potential for growth. In the long term, this asset can preserve and increase capital. According to the consensus forecast of analysts, quotes will grow within 6-12 months.

Long-term

(1 year+)
In October 2024, the company still has potential for growth. In the long term, this asset can preserve and increase capital. According to the consensus forecast of analysts, quotes will grow within 6-12 months.

FAQ

Is Google overvalued right now?

The quotes are near the historical highs, but the company is not overvalued. Technical analysis does not indicate overbought. Google's P/E multiple is not the highest on the US stock market.

How much will Google stock be worth in 2030?

The average forecast price for 2030 is $283-$300. Some analysts say it will be $472. The minimum is $276.

Can Google stock reach $1,000?

Google's stock could be worth more than $1,000 by 2040, but most analysts think this is unlikely until 2045-2050.

How high is Google stock expected to go?

Experts' prediction is that the tech sector will grow at the same rate as in recent years, which could mean a $6,321 maximum by 2050.

Is Google a buy, sell or hold?

According to investing.com, Google has an analyst rating of Buy on October 10, 2024. That's a recommendation trend from 50 experts. Another 13 are advising to hold the stock.

Is Google a safe long term stock?

Alphabet's revenue is growing steadily, and analysts' financial forecast is positive. The company has a high credit rating and is well-diversified. Google is considered one of the most reliable technology companies.

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