Alphabet's $6 Trillion Valuation by 2030: A Potential Milestone with Challenges Ahead
AI Summary1 min read
TL;DR
Alphabet could hit a $6 trillion valuation by 2030, driven by advertising and cloud growth, but faces challenges like high costs and competition.
Alphabet, the parent company of Google, could reach a market valuation of $6 trillion by 2030, driven by its strong business momentum, particularly in advertising and cloud computing. The company's current market cap is $3.7 trillion, and it needs a compound annual growth rate of 12.85% to reach the milestone. While challenges such as high capital expenditures and competition in cloud computing may hinder growth, Alphabet's AI services are expected to play a significant role in driving its success.
