Google (GOOG) Announces August Launch for Pixel 10 Event | GOOG Stock News

Author's Avatar
2 days ago
Article's Main Image

Google has announced that it will hold a launch event for its Pixel 10 on August 20, taking place in New York City at 1:00 pm ET. The event is designed to highlight the newest features of Google's range of products, including its Pixel phones, smartwatches, and earbuds. Attendees are expected to receive a comprehensive overview of Google's latest technological advancements, aiming to enhance user experience across its device lineup.

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 $202.67 with a high estimate of $225.00 and a low estimate of $185.00. The average target implies an upside of 10.28% from the current price of $183.77. More detailed estimate data can be found on the Alphabet Inc (GOOG) Forecast page.

Based on the consensus recommendation from 21 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 $201.53, suggesting a upside of 9.66% from the current price of $183.77. 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.