Picture Federation / Associate / Getty Pictures
-
Google Parent Alphabet should report results in the fourth quarter after the market is closed on Tuesday, and analysts are mostly Bullish on the technology giant section.
-
Analysts expect a technological giant to report increasing income and profit.
-
Aphab’s AI plans are likely to be focused after an increase in the sophisticated, economical AI model from Chinese startup Deepseek, caused concern about BIG Tech consumption on AI.
Google parental alphabet (Googl) It is scheduled to report their results in the fourth quarter after the market is closed on Tuesday, and analysts are mostly Bullish on the shares of the technological giant.
Of the 19 analysts covering supplies that accompanied the visible alpha, 15 issued “buy” or equivalent grades, with four “Holding” ratings. Their target target goal is around $ 219, which is approximately 7% premium above the final price on Friday.
Alphabet is expected to inform the revenue in the fourth quarter of $ 96.6 billion, which is 12% compared to the annual year, and earnings of $ 26.19 billion, or $ 2,12 per share, compared to 20,69 billion USD, or $ 1,64 per share, a year earlier.
Jefferies recently held a “buy” rating and price of $ 235 for shares, above the consensus that collected Vidible Alpha, writing that “it seems” based on alphabets improve with solid consumption of ads “and that the company sees increasing demand for Google Cloud.
The consumption of the Technology Diva on AI is likely to focus after the appearance of a sophisticated, economical AI model from Chinese startup Deepseek caused concern about the competitiveness of US companies and their spending on emerging technology.
Bank of America analysts told clients in a note on Friday to watch last week Strong meta results (Target), which stood by his consumption plans aias a positive alphabet signal. Earlier in the week, Raymond James and Bank of America analysts also suggested that Deepseek’s rapid increase could push the technological giant act with greater urgency on AI development.
Alphabet shares have acquired about 43% in the last 12 months, in the amount of $ 204.02 from close to Friday.
Read the original article about Investopedia
