Alphabet Stock Faces Potential Pullback Amid Valuation Concerns, Analysis Suggests
Alphabet’s stock has surged 57% since late April, reaching over $250, but analysts now warn of potential downside. According to recent analysis, the stock’s “Very High” valuation could trigger a pullback to approximately $230 as investors reconsider exposure levels.
Alphabet’s Impressive Run Faces Valuation Headwinds
Google parent Alphabet (NASDAQ: GOOG) has demonstrated remarkable performance in recent months, with sources indicating the stock has soared approximately 57% from around $160 in late April to surpass $250 in current trading. This substantial growth, according to reports, appears fundamentally supported by the company’s strong operational performance and financial health across its diverse business segments.