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My GOOG stock price prediction for 2025

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GOOG Stock - My GOOG Stock Price Prediction for 2025

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It’s undeniable: the parent company of Google and YouTube Alphabet (NASDAQ:GOOGNASDAQ:GOOGL) is, like many other tech names, out of favor on Wall Street. However, this is not a valid reason to abandon GOOG stocks. Alphabet is still a technology leader and innovator, and if you don’t take a stand now, you’ll probably regret it in a few years.

Even perma-bears have to acknowledge that Alphabet and Google have come a long way. If anyone still thinks these companies are just search engine specialists, they have a lot to learn.

From self-driving technology to cloud computing and even Web 3, Alphabet and its subsidiaries cover various technology areas. Therefore, you can instantly broaden the scope of your portfolio and gain attractive value by investing in Alphabet.

What’s going on with GOOG Stock?

GOOG stock reached around $150 at the end of 2021, and it is expected to see this level again in 2023 or 2024. Moreover, it is not unreasonable to predict that by 2025 the stock should be trading at $200 each.

Value seekers should be happy to know that Alphabet’s 12-month price-to-earnings (P/E) ratio is quite low at 17.85x. Such a low valuation was unimaginable at the end of 2021, so the decline in Alphabet’s share price is an opportunity, not a problem.

The last time GOOG stock fell was during the Covid-19 crisis of 2020, after which its price almost tripled. So the stock is able to go from its current price to $200 in 2025 and probably more than that.

However, don’t just perform mathematical price calculations. Check to see what Alphabet has been up to – and no doubt you’ll be convinced the company is as ambitious as it’s ever been.

Alphabet is active in several technology areas, including autonomous driving

As important as the Google search engine and the YouTube video platform are, Alphabet is not limited to these legacy companies. Truly, today’s GOOG stock investors are betting on a tech giant that has influence in several high-conviction areas.

For example, Bloomberg reported that Rishi Ramchandani, former BlockFi vice president for Asia, will be responsible for Google’s APAC Web 3. BlockFi’s loss will be Google’s gain as Ramchandani could help Google develop web applications based on cutting-edge blockchain technology.

Additionally, Google Cloud revealed that it had obtained the Level 5 provisional clearance from the Department of Defense. This will allow Google Cloud to “support additional workloads for US public sector customers.” It’s another feather in the company’s hat as it garners a wide range of public sector clearances.

On top of all that, Alphabet subsidiary Waymo has applied for a permit to sell fully self-driving rides in California. Waymo has already been transporting passengers in self-driving cars in San Francisco since May, but “with a human backup driver present”, Reuters reports. If Waymo can get a full California license for driverless rides, it could position the company as a niche market leader in the state.

Here is my GOOG stock price prediction for 2025

It certainly shouldn’t be too much to ask for GOOG shares to reach $200 by 2025. Alphabet’s valuation is low and the post-Covid-19 rally has demonstrated how far the stock can run.

Additionally, Alphabet and its business divisions are pushing the boundaries of what technology can do and where it can go. Therefore, enterprising value hunters should seriously consider a multi-year position in Alphabet, with a goal of $200 or more.

As of the date of publication, David Moadel had no position (directly or indirectly) in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com publishing guidelines.

David Moadel has delivered compelling content – and crossed the occasional line – on behalf of Motley Fool, Crush the Street, Market Realist, TalkMarkets, TipRanks, Benzinga and (of course) InvestorPlace.com. He is also the Chief Analyst and Market Researcher for Portfolio Wealth Global and hosts the popular YouTube financial channel Looking at the Markets.

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