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 April 2024, the company was the 4th largest in the world. Its quotations reached an all-time high.

 

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Google Stock Price for Today (05/20/2024)

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

Valor mínimo previsto

145.07 USD

Valor Máximo previsto

160.35 USD

% de alteração do valor

0%

Key Findings

  • Price Today — 176.06 USD.

  • Price at Q1 of 2024 — $150,93.

  • Price for next year 2025 — $207.

  • Long-term price 2025-2030 — $210-$450.

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 buy signal. For example, on the D1 chart:

  • The RSI stands at 60, indicating that the stock is far from being overbought;

  • The value of the MACD(12,26) is 0.77;

  • The price is above the MA200.

These factors point to a bullish trend. There are reasons to expect its continuation in the coming month. Prices are at historical highs (taking into account the split). However, Wall Street analysts believe that there is still room for growth. If the uptrend is broken, the support line could be the 152.30 level.

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 has increased by 25.33% over the last 12-month period;

  • the company's assets are showing positive momentum (+10.73% over 12 months);

  • EPS per stock is $5.

Multiplier

Value at the end of the year 2023

P/E

29.77

EBITDA, mln $

96239

EV/EBITDA

23.9

ROE %

26.04

ROA %

18.34

Net income, mln $

73795

 

Where will be Google 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

181

+13

2025

207

+29

2026

263

+64

2027

303

+89

2028

334

+109

 

Google Stock Price Prediction 2024

Alphabet's stock price forecast for 2024 is bullish. According to investing.com, analysts' price target for the next 12 months for GOOGL is:

  • minimum — $150;

  • average — $167,23;

  • maximum — $185.

For example, Sagar Sridhar from Personal Finance Freedom believes that by the end of 2024, the value of the shares will reach $166. Barclays analysts are maximally optimistic. Their target price is $180. Bernstein and JMP Securities experts are the most pessimistic. They expect quotes to drop to $140.

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

Date

Minimum expected price, $

Maximum expected price, $

April, 2024

149

177

May, 2024

146

185

June, 2024

166

203

July, 2024

167

197

August, 2024

169

199

September, 2024

179

211

October, 2024

188

220

November, 2024

190

222

December, 2024

191

225

January, 2025

199

233

February, 2025

216

254

March, 2025

218

256

 

GOOGL Stock Forecast 2025

Analysts think Google's stock will keep going up in the first half of 2025. It will probably double 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

199

233

February

216

254

March

218

256

April

237

295

May

260

306

June

283

351

July

307

361

August

334

413

September

308

382

October

335

405

November

325

381

December

282

353

 

Google Stock Price Prediction 2026

In 2026, prices are expected to 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 $167 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

270

318

February

230

294

March

220

258

April

218

256

May

185

237

June

201

249

July

231

283

August

233

273

September

236

276

October

249

293

November

260

306

December

252

296

 

GOOGL Prediction 2027

Google's stock is expected to rise again after reaching $400 in 2027. This is based on data from previous years.

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

  • $256 — stockraven.com;

  • $254 — Trades Union; 

  • $171 — Wallet Investor.

BeatMarket thinks the prices will be above $250-$300 for most of 2027. See the table below for more details.

Month

Minimum expected price, $

Maximum expected price, $

January

243

285

February

252

296

March

274

323

April

268

314

May

291

362

June

319

375

July

347

431

August

328

399

September

356

440

October

328

407

November

357

432

December

346

406

 

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 $265. Trades Union says it will be between $286 and $312 by 2029.

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

Month

Minimum expected price, $

Maximum expected price, $

January

301

376

February

288

338

March

245

313

April

234

274

May

232

272

June

230

265

July

215

248

August

220

253

September

225

288

October

232

286

November

275

316

December

310

345

 

Long-Term Google Stock 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 Projections For the Next 10 Years

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

  • Trades Union predicts that Class A stocks will be quoted around $412-$422;

  • The Stockraven platform predicts a rise in value to $445.

  • The Coinpriceforecast service says the price will be between $477 and $489.

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 stock price prediction 2030

Analysts think Google quotes will grow a lot by 2030. Coincodex says they'll be worth $471. Coinpriceforecast says $400-$408. The lowest estimate is offered by Stockraven service. Its target price is only $320.

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 stock 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 — $318;

  • average price — $600-$700;

  • maximum price — $1536.

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 460% 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).

About Alphabet Inc Class A (GOOGL)

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 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 in spring. On April 26, it was $171.95. This is the latest price at the time of writing.

What Influences Google Shares 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 GOOGL A Good Investment

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 1.05. Its price changes a little faster than the S&P500 index.

Medium-term

(6-12 month)
Alphabet is near local highs in April 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+)
Alphabet is near local highs in April 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 $400-$410. Some analysts say it will be $500. The minimum is $320.

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 tipranks.com, Google has an analyst rating of Buy in April 2024. That's a recommendation trend from 27 experts. Another 11 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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