Google (NASDAQ: GOOG) stock price has caught the attention of many investors in the ongoing stock rally. Alphabet stock has been rising steadily since November 2022. During this time, the stock has surged by more than 48%. This also translates into a 37% gain YTD in 2023.
What Is Google Stock?
Google was founded in 1998 as an online search engine. In the following few decades, its business expanded into online advertising, cloud services, social media, and artificial intelligence. Keeping in view the diverse portfolio of the company, a parent company Alphabet Inc. was founded in 2015. The previously known Google stock became the Alphabet stock, but the ticker remained NASDAQ: GOOG.
Google Stock Latest News
According to the latest Google stock news, the company is rapidly expanding into the realm of artificial intelligence. Its ChatGPT rival Bard is already running in the experimental phase and is available to be used online. ChatGPT vs Bard has become one of the hottest debates among AI enthusiasts.
Recently, the company launched Google Play Games PC Beta in India. The application will enable users to play Android games on their PC.
Google Chart
Google Stock Forecast Today
After rising 37% in 2023, the upside for Alphabet stock price seems to be limited. Nevertheless, if the stock breaks above the yearly high of $129, another bullish leg to $143 can be expected. The broader market sentiment remains bullish for tech stocks as Apple and Nvidia have already soared to new all-time highs in 2023.
Google Stock Price Prediction 2023
After hitting its all-time high in 2021, Alphabet stock remained in a tailspin for the most part of 2022. In November 2022, the price bottomed after a 45% drop. Since then, the price has been rising steadily and is now trading 47% above the 2022 low. Considering the bullish momentum in tech stocks, NASDAQ: GOOG may hit $143 in 2023.
This Google stock price prediction 2023 will be invalidated if the price gains acceptance below $122.
Google Stock Price Prediction 2025
To be honest, the price of any asset 3-5 years from now is anybody’s guess. It is even more hard to predict the price action of tech stocks which tend to be highly volatile. Nevertheless, considering the above chart, Google share price could be trading anywhere between $186 and $476.
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Google Stock Price Prediction 2030
The global macroeconomic landscape might change a lot by 2030. Nobody knows how the ongoing trade war between China and US would play out in the next 5-7 years. If Google retains its search engine market share and establishes itself as a major player in AI realm then a $300-$500 price target seems to be quite achievable by 2030.
Google Stock Split History
Google has had two stock splits till now. The first split occurred before the formation of Alphabet Inc. in 2014. This was a 2 for 1 stock split but instead of doubling the existing shares, new class C shares were introduced which lacked voting rights. The second split occurred in July 2022, during this split Alphabet stock holders received 20 shares for each unit they held.
Where Will Google Stock Be In 5 Years?
As already predicted, the longterm uptrend gives very bullish Google share price prediction. The price targets as high as $400 appear to be on the cards for the next 5 years. Nevertheless, a lot can happen in five years. A prolonged recession due to high interest rates could throw all the bullish price predictions out the window.
How To Buy Google Stock?
There are a lot of ways by which you can invest in Google stock. These include the direct and indirect exposure to the underlying stock. If you want to buy Google stock for long term, then you need to register on a stock broker like Fidelity, TD Ameritrade, Robinhood, etc.
However, if you are a short term trader then you may also gain exposure via derivatives like options contracts and contracts for difference (CFD). ATFX, Exness and eToro are some of the notable names in this regard.
When Is Google Stock Split?
As described above, the shares of Google had 20-for-1 split in July 2022. This is the latest of the only two splits. There is no announcement of another stock split yet. Usually the stock splits occur when the price of a single share hits four or more digits. As the stock is currently trading in lower 3 digits, another Google stock split seems to be quite far away.
How Many Times Has Google Stock Split?
The stock of Google parent Alphabet has been split twice. The first split occurred when Google had no parent company back in 2014 and the most recent split occurred in July 2022. The latter increased the number of shares of every holder by 20 times while keeping their total value the same.
Where Will Google Stock Be In 10 Years?
In the everchanging geopolitical and macroeconomic landscape of the world, you need to have a crystal ball to predict a stock price. Google stock price prediction 2030 has already been presented above which puts a $500 price target within reach. This price level will put the valuation of Alphabet around $6.35 trillion which seems quite high but not unattainable within the next ten years.
Conclusion
Google is one of the few tech companies which has stood the test of time. It has managed to remain at the cutting edge of technological advancements for more than two decades. Despite increasing competition, Google has always found a way to stay relevant with its innovative products. Considering this history, Google stock price prediction appears to be quite bullish for the years to come.