Alphabet Stock Could Reach $500 by 2031
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Alphabets stock could soar to $500 per share by 2031, driven by robust growth in its cloud business, particularly AI. This projection aligns with Morningstars long-term views, despite potential ad revenue slowdowns. A stronger scenario could push the stock to $560, with AI and quantum computing driving cloud revenue to $180 billion. Investors see this as a safe bet, but past performance doesnt guarantee future results.
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