GOOGL - Alphabet Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$411.80
DETAILS
HIGH:
$460.00
LOW:
$360.00
MEDIAN:
$420.00
CONSENSUS:
$411.80
UPSIDE:
17.76%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
80% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
19.4%
11.0%
3.0%
Key Value Driver
FCF growth rate (19% base case)
Terminal Value % of EV
46%
Implied Market Multiple
52.2x
Market is pricing in (growth)
21.8%
vs our 19.4% base
Plain-Language Summary
Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $411.80 from 83 analysts, using a 35% weight on analyst consensus. That produces an estimated intrinsic value of $334.89 per share.
Warnings
Wall Street's average price target is $411.80 (from 83 analysts). Our estimate is 29% below the consensus -- consider that gap carefully.
Key Risks
- P/E alone misleads — earnings depressed by growth investment
- Cyclical or commodity businesses may be misclassified as platforms
- Terminal value dominance suggests sensitivity to long-run assumptions