Quantum chip “Willow”
In December 2024, Alphabet unveiled a quantum chip called “Willow”, which has approximately 100 qubits. This breakthrough development has the potential to revolutionize many areas such as pharmaceutical research, battery design and other industrial applications. Willow has been received with great acclaim and underscores Alphabet’s efforts to stay on the cutting edge of technological advancement.
Alphabet’s investments in AI and quantum technologies are seen as key to maintaining competitiveness and long-term growth. For example, Morgan Stanley analyst Brian Nowak pointed out that generative AI is increasing the company’s efficiency and expanding its product capabilities.
While Alphabet’s results to date point to a positive trend, the future development of the stock price will depend on the overall economic environment, competition, and Alphabet’s ability to maintain its innovative momentum. For investors, Alphabet remains an attractive option with the potential for further growth.
The company also pays a regular quarterly dividend to its investors, which currently has a dividend yield of 0.42%. The actual dividend was approved by the Company’s Annual General Meeting at $0.20 per share.
According to Multinational Investment Corporation, the share price of Alphabet Inc (NASDAQ-GOOGL), can be expected to be in a bull market trend, i.e. an uptrend in the share price. The average target price for the short- to medium-term investment horizon was set at $212.90 per share.
Graph Source : www.zacks.com
