Alphabet Inc. logo GOOGL - Alphabet Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
2
BUY 69
HOLD 11
SELL 1
STRONG
SELL
0
| PRICE TARGET: $411.80 DETAILS
HIGH: $460.00
LOW: $360.00
MEDIAN: $420.00
CONSENSUS: $411.80
UPSIDE: 17.76%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 80% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Mild
Trading 4.4% above fair value
Current Price $349.68
Bear Case $189.61 45.8% downside ($189.61 - $349.68) / $349.68 = -45.8% 12% stage 1 growth, 11% discount
Fair Value $334.89 4.2% downside ($334.89 - $349.68) / $349.68 = -4.2% 19% stage 1 growth, 11% discount
Bull Case $514.76 47.2% upside ($514.76 - $349.68) / $349.68 = 47.2% 25% stage 1 growth, 11% discount

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