Google Cloud (GOOG, Financial) has deepened its collaboration with Manhattan Associates to enhance the reach of their cloud services. The comprehensive suite of Manhattan Active solutions is now widely accessible through the Google Cloud Marketplace. This move is expected to help businesses expedite their digital transformation efforts. Customers can now more efficiently access, implement, and manage Manhattan's cloud-based supply chain execution, planning, and omnichannel commerce tools through Google Cloud.
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 15.85% from the current price of $173.98. 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 $196.99, suggesting a upside of 13.23% from the current price of $173.98. 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.
