Alphabet Stock Could Soar to This Price by 2030
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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.
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 plus resilient performance –…
