Alphabet Stock: Bear vs. Bull
's (NASDAQ: GOOG) (NASDAQ: GOOGL) stock price jumped 6% during after-hours trading on July 25 after it posted its second-quarter report. The tech giant's revenue rose 7% year over year to $74.6 billion, which beat analysts' consensus estimates by $1.8 billion. Its EPS grew 19% to $1.44 and cleared the consensus forecast by a dime.
Does that earnings beat indicate it's finally the right time to buy Alphabet's stock, which remains 14% below its all-time high from November 2021? Let's review the key numbers -- and if they support the bullish or bearish thesis -- to decide.
Image source: Getty Images.
Source Fool.com
Alphabet Inc. A Aktie
146,82 €
0,82 %
Klare Kaufstimmung für Alphabet Inc. A: Viel mehr Buy- als Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Alphabet Inc. A von 180 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 146.82 €.
