Acquisition of Wiz Inc.
Alphabet is in advanced talks to acquire cybersecurity startup Wiz Inc. The deal is estimated to be worth $23 billion, which would make it the largest acquisition in the company’s history. This investment underscores Alphabet’s strategic interest in strengthening its security solutions in the cloud.
New Axion cloud chip
As part of its Google Cloud division, Alphabet launched a new Axion chip based on Arm Holdings technology. This processor has been designed with an emphasis on energy efficiency and offers up to 60% more performance than traditional chips. Key customers already using Axion include Spotify and Paramount Global. This development signals Alphabet’s growing ambitions in cloud computing.
Breakthrough in quantum computing
Alphabet’s next major advance is the introduction of the Willow quantum chip. This chip is capable of performing computations that would take current supercomputers significantly longer. Quantum computing could find applications in areas such as drug development or advanced battery design, allowing Alphabet to expand its reach beyond traditional segments of the technology industry.
Alphabet stock price development and prediction
Current share price
As of March 6, 2025, Alphabet stock is trading at:
– $174.99 (Class C, ticker GOOG)
– $173.02 (Class A, ticker GOOGL)
Estimates of future developments
Analysts agree on the upside potential of Alphabet stock. Target price estimates range:
– USD 151-240, with an average value of USD 220.
– Some experts predict that the share price could rise by up to 50% thanks to investments in AI and cloud computing.
The company also pays a regular quarterly dividend to its investors, which currently has a dividend yield of 0.47%. The actual dividend amount was approved by the Company’s Annual General Meeting at $0.20 per share. The Company also currently has a last known date for the use of the dividend payout, known as the Ex-Dividend Date, which will be March 10, 2025. The date for the dividend payout, known as the Pay-Date, will be March 17, 2025.
According to the multinational investment corporations, 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 $218.47 per share.
