The Zacks Analyst Blog Highlights GOOGL, MAGS, IXP, FCOM, VOX and XLC
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Alphabet's Strong Q2 Performance: Alphabet reported impressive second-quarter results, exceeding revenue and earnings estimates with a 14% year-over-year revenue growth to $96.43 billion and earnings per share of $2.31, marking its tenth consecutive quarter of earnings beats.
Investment in AI and ETFs: The company is significantly investing in AI infrastructure, raising its capital expenditure forecast to $85 billion for the year, while various ETFs featuring Alphabet, such as Roundhill Magnificent Seven ETF and iShares Global Comm Services ETF, are gaining traction among investors.
Analyst Views on VOX
Wall Street analysts forecast VOX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VOX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 190.400
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Current: 190.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
