Alphabet Inc last = 1315 USD 1w: -105 (-7.4%)
% vs. spot / Price1M6M12MLT(2Y)LT(3Y)
Target Price (consensus)0.6%1.9%7.8% (1417.8)--
Upside (Bull Case)0.7%2.2%8.9% (1431.8)--
Downside (Bear Case)-0.3%-1%-4.1% (1261.1--
History
Forecast
Buy/Sell Recommendations
RankN/S0*1*2*3*4*5*
Strong Buy       
Buy       
Hold       
Sell       
Strong Sell       
Data Analysis (Mid - Long term)
Company plot
[Positive]

Alphabet is continuing its strong top line growth (total revenue in Q4 2017 increased by 24% yoy vs. expectations 22-23%). The biggest contributors are mobile search, desktop search, YouTube. As well as I see promise across a range of newer businesses including hardware, cloud, Waymo, etc. In my view this strong revenue growth is more important than rising costs: (1) margin in Q4 2017 is lower than Q4 2016 but profit in dollars increased, (2) expected more modest cost pressure after Q1 2018, (3) long-term margin potential of the new businesses.