Prediction: Alphabet Stock Could Soar to This Price by 2030
Key Points
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Alphabet’s heavy AI spending is translating into steady double-digit growth.
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A simple model forecasts Alphabet’s stock price to be substantially higher in 2030.
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Cloud margin expansion and ongoing buybacks could provide upside, while massive capex and regulatory risks remain key risks.
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Alphabet’s heavy AI spending is translating into steady double-digit growth.
A simple model forecasts Alphabet’s stock price to be substantially higher in 2030.
Cloud margin expansion and ongoing buybacks could provide upside, while massive capex and regulatory risks remain key risks.
Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) shares have seen-sawed this year as investors weigh the cost of an artificial intelligence (AI) build-out against strong fundamentals. The parent of Google, YouTube, and Google Cloud is pouring money into data centers and custom silicon. Meanwhile, financial results have been impressive. That combination — aggressive investment…
