Argus

Argus

Oct 02, 2024

Alphabet Inc.: Beset by antitrust

Symbols

GOOGL

Sector(s)

Communication Services

Rating

Current Price

$192.91

Price Target

Earnings Estimate

Summary

Alphabet, formerly called Google, maintains the largest online index of websites accessible through automated search technology. It generates revenue through online advertising, cloud services, and hardware. Google is now an operating segment of Alphabet. The company was founded in 1998 by Sergey Brin and Larry Page and went public in 2004.

Google's AdWords is an auction-based program that lets businesses display ads along with particular search results. Google's AdSense program enables websites in the company's network to serve targeted ads, based on search terms or web content, from AdWords advertisers. Most of the revenue generated through AdSense is shared with network partners. In addition, Alphabet owns YouTube.com, the web-based video site. It has also expanded into mobile telephony with its Android smartphone operating system and into public cloud services. About 52% of Alphabet's revenue is generated outside the U.S.

On April 3, 2014, Alphabet's new nonvoting class C shares began trading under the

Upgrade to begin using premium research reports and get so much more.

Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level

Upgrade

Related Reports

Analyst Report: Taiwan Semiconductor Manufactu

Jan 16, 2025

TSM

Market Update: TSM, MS, WFC

Jan 16, 2025

WFC, MS, TSM

Analyst Report: Taiwan Semiconductor Manufacturing Company Limited

Jan 16, 2025

TSM

Analyst Report: AT&T, Inc.

Jan 16, 2025

T

Market Digest: UAA, C, HRL, MAR, T, BLK

Jan 16, 2025

BLK, C, HRL, UAA, T, MAR

View more related reports

Analyst Profile

Joseph F. Bonner, CFA

Senior Analyst: Communication Services & Technology

Joe covers the Communication Services sector and selected software technology stocks for Argus. In 2010, he was named #5 Stock Picker for Telecom Services in the Wall Street Journal's Best on the Street Analyst Survey. In 2008, Joe was named #1 Stock Picker for Media: U.S. by the Financial Times and was second in the Wall Street Journal's Best on the Street Analyst Survey for Telecommunications: Fixed Line. For more than a decade, Joe worked with Technicolor Inc., where he focused on financial and legal issues. He received his Masters in Business Administration from Fordham University in New York, where he concentrated in Finance. He earned a BA in International Affairs from the George Washington University, and spent three years with the Peace Corps in Talgar, Kazakhstan, developing an English Language resource center and teaching students. Joe is a CFA charterholder.