- Google faces a $314.6 million verdict for unauthorized data collection from Android users.
- Analysts predict a potential 14.56% upside for Alphabet Inc (GOOGL, Financial) based on current price targets.
- GuruFocus estimates suggest a 13.32% upside in the stock's fair value over the next year.
Google (GOOGL) has encountered a significant legal setback as a California jury orders the tech giant to pay over $314.6 million. This verdict arises from allegations that Google collected Android users' phone data without authorization, using idle devices' information to benefit the company.
Wall Street Analysts Forecast
With input from 50 top analysts, the one-year price targets for Alphabet Inc (GOOGL, Financial) showcase an average target of $201.45. This range spans a high target of $250.00 to a low estimate of $160.00, reflecting a potential upside of 14.56% from the present price of $175.84. To explore more detailed projections, visit the Alphabet Inc (GOOGL) Forecast page.
Reflecting the consensus of 55 brokerage firms, Alphabet Inc’s (GOOGL, Financial) average recommendation stands at 1.9, signifying an "Outperform" status. The scale ranges from 1 to 5, where 1 indicates Strong Buy, and 5 denotes Sell.
Analyzing GuruFocus GF Value
According to GuruFocus's proprietary metrics, the estimated GF Value for Alphabet Inc (GOOGL, Financial) over the next year is pegged at $199.26. This estimation points to a potential upside of 13.32% from the current trading price of $175.84. The GF Value is a calculated estimate of the stock's fair value, derived from historical trading multiples, past business growth, and future performance forecasts. For further insights, visit the Alphabet Inc (GOOGL) Summary page.
