Shares of Alphabet (GOOGL) slipped in after-hours trading after the tech titan reported its Q4 results. Earnings per share came in at $2.82, which beat analysts’ consensus estimate of $2.64 per share. At the same time, revenue climbed to $113.83 billion, beating expectations of $111.33 billion.
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Are Google Shares a Good Buy?
Turning to Wall Street, analysts have a Strong Buy consensus rating on Alphabet stock based on 22 Buys and six Holds assigned in the past three months. Furthermore, the average Alphabet price target of $355.76 per share implies 6.8% upside potential. However, it’s worth noting that estimates will likely change following today’s earnings report.
