GekkoAI report for Alphabet Inc.(GOOGL)

Nov 24, 2024 07:58 PM
Fair Value Estimate
$150
Overall Rating
4/5
Uncertainty Level
Medium

10-Q Report Analysis

Google's (Alphabet's) 10-Q filing reveals strong financial performance for the nine months ended September 30, 2024, driven primarily by growth in Google Services and Google Cloud. Here's a breakdown of key financial and operational highlights: **Financial Performance:** * **Revenue Growth:** Total revenues increased 15% year-over-year to $253.5 billion. Constant currency revenue, a key metric for Google given its international exposure, grew by 16%. This robust growth was fueled by Google Services (up 13% to $220.8 billion) and Google Cloud (up 35% ...
Cicada Financial Research Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Cicada Financial Research as a whole. Cicada Financial Research is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysis is generated using artificial intelligence and machine learning technologies to process market data and identify patterns. While we strive for accuracy, AI-generated analysis should be considered one of many factors in investment decision-making.

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