Company Of The Day: Alphabet

+35.61%
Upside
97.93
Market
133
Trefis
GOOG: Alphabet logo
GOOG
Alphabet

What?

Google’s parent company Alphabet (NASDAQ:GOOG) posted a stronger than expected set of Q4 2021 results. Revenue rose 32% versus last year to $75.33 billion, while EPS came in at $30.69 per share. The company also announced a 20 to 1 stock split.

Why?

Relevant Articles
  1. What’s Happening With Digital Ad Stocks?
  2. Alphabet (Google) Stock Underperformed The Consensus In Q3, What’s Next?
  3. Alphabet (Google) Stock Missed The Street Expectations In Q2, What’s Next?
  4. Alphabet (Google) Stock Lost 6.2% In One Week, What To Expect?
  5. Is Alphabet (Google) Stock Attractive At Current Levels?
  6. Forecast Of The Day: Google Cloud Net Revenues

The growth was driven by strong sales of search ads and rising demand for Google’s cloud services.

So What?

Alphabet stock rallied by close to 9% in after-hours trading on Tuesday.

See Our Complete Analysis For Alphabet

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates