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GOOG

Alphabet Inc Class C

NASDAQ: GOOG · COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION

$381.94
+9.97% today

Updated 2026-04-30

Market cap
$4.20T
P/E ratio
26.53
P/S ratio
10.43x
EPS (TTM)
$13.09
Dividend yield
0.24%
52W range
$149 – $383
Volume
19.6M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Alphabet Inc Class C (GOOG) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$381.94
Consensus
$357.61
-6.37%
2030 Target
$436.02
+14.16%
DCF
$384.28
+0.61% MoS
44 analysts:
19 Buy5 Hold0 Sell

Management guidance

No specific revenue targets found in available guidance. However, CEO Sundar Pichai has emphasized accelerating AI monetization through Gemini integration across products and expanding Google Cloud with strong double-digit growth momentum. Management guidance indicates confidence in maintaining high growth rates driven by AI-powered advertising and cloud expansion, with capital expenditure commitment to AI infrastructure supporting long-term revenue growth.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$704.34
$895.0B Rev × 9.6x P/S
Base case (2030)
$436.02
$895.0B Rev × 6x P/S
Bear case (2030)
$268.32
$895.0B Rev × 3.6x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$307.4B$350.0B$403.0B$486.6B$560.9B$650.0B$760.0B$895.0B
Revenue growth—13.9%15.1%20.8%15.3%15.9%16.9%17.8%
EPS$5.80$8.05$10.81$11.81$13.75$16.20$19.10$22.80
P/S ratio———6.0x6.0x6.0x6.0x6.0x
Implied price———$243.25$278.00$301.86$368.94$436.02

Catalysts & risks

Growth catalysts
+ Gemini AI monetization across Search, Gmail, and enterprise products driving incremental ad revenue
+ Google Cloud acceleration with multi-year enterprise commitments (NetApp 4-year deal, Pentagon AI agreements, data center expansions)
+ Anthropic $40B investment positioning Google in frontier AI and next-gen LLM revenue streams
+ AI-driven advertising efficiency improvements expanding margins while maintaining growth
+ Cloud margin expansion as AI infrastructure capex drives higher-margin cloud services revenue
Key risks
- Regulatory scrutiny intensifying with DOJ antitrust cases, EU cloud/AI regulations, and potential revenue restrictions
- Substantial capital expenditure ($91.45B annually) for AI infrastructure may depress near-term margins if monetization lags
- OpenAI partnership shifts reducing exclusive deals; Microsoft/OpenAI loosening ties creates competitive cloud pressure
- Macro advertising slowdown risks if economic conditions deteriorate, impacting core Search ad revenue
- AI disruption to core Search business from alternative query methods (agents, specialized models) over 5-year horizon

Methodology

Alphabet Inc Class C's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 44 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 29, 2026.