Important points:
- Google reported its quarterly results a few days ago, which caused many experts to modify their qualifications.
- The company’s titles fell 7% at the beginning of the week, after Apple is considering launching a search engine with AI.
- The company’s year is not the best, since its shares accumulate a loss of more than 18%.
At the end of April, AlphabetGoogle Matrix (Googl), reported a gain of 34,540 million dollars in the first quarter of 2025, 46% more interannual.
In parallel, the company’s billing grew by 12% and was 90,234 million dollars, above estimates.
However, The company’s actuality is not ideal. His actions collapsed 7% on Monday after the news that Apple would be to launch a search engine with AI to compete with Google just.
Thus, their titles already accumulate a Fall of more than 18% so far from 2025while this Friday rose 0.2% to 156 USD.
What does Wall Street about Google say?
There are currently 36 main analysts covered by the company, which averaged an objective price for the next 12 months of almost 199 USD, which suggests a potential increase of more than 31%.
Of those 36 names, 28 recommend buying at this time, 8 claim that the action must be maintained and None advised to sell.
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