Options trading activity for GOOG is currently aligning with typical levels, as approximately 449,000 contracts have been exchanged. Call options are outpacing puts, indicated by a put/call ratio of 0.48, which is slightly below the usual rate of 0.55. The implied volatility, represented by IV30, has increased by 1.01 to reach 27.85. Although this figure is below the median, it implies an anticipated daily price movement of approximately $2.80. Additionally, the flattening of the put-call skew suggests a cautiously optimistic market outlook for the stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Alphabet Inc (GOOG, Financial) is $201.56 with a high estimate of $225.00 and a low estimate of $185.00. The average target implies an upside of 25.07% from the current price of $161.16. More detailed estimate data can be found on the Alphabet Inc (GOOG) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Alphabet Inc's (GOOG, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Alphabet Inc (GOOG, Financial) in one year is $198.27, suggesting a upside of 23.03% from the current price of $161.16. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Alphabet Inc (GOOG) Summary page.
