Googleis not just a search engine but a tech giant that has a diversified portfolio of different businesses and products. As of February2024, the company’s market capitalization is estimated to be around $1.7 trillion. The company operates under its parent company, Alphabet lnc., operating in a wide spectrum of sectors and industries, ranging from internet advertising to cloud computing, artificial intelligence, and self-driving automobiles.
Google owns and operates several online services that we use on a daily basis, such as Gmail, YouTube, Google Maps, and more. The company has been delivering impressive results for its investors and rewarding its shareholders with consistent growth and value.
Now, let's explore Google's stock price forecast for 2040 and 2050, as well as factors that could influence the stock's future growth.
Key takeaways
- We forecast Google’s stock price based on three possible growth scenarios, each with a different annual growth rate: 5% yearly growth, historical S&P 500 ROI (11.1%), and historical Nasdaq-100 ROI (15.2%).
- Google stock has a market value of $138.54as of February 29, 2024.
- Based on our short- to medium-term algorithmic predictions, Google stock is expected to grow to $202by Q1 2025.
- The GOOG price prediction for 2040 is $833 if we assume the same CAGR as the S&P 500 and $1,536 if we apply the tech-focused QTEC's growth rate.
- Based on the same projections, Google stock could reach $2,393 and $6,321, respectively, depending on the model used.
Here’s an overview of Google stock’s price prediction under different growth scenarios.
| 2025 | 2030 | 2040 | 2050 | |
|---|---|---|---|---|
| GOOG Stock Forecast (5% yearly growth) | $145 | $195 | $318 | $517 |
| GOOG Stock Forecast (8.32% annual ROI since IPO) | $150 | $242 | $539 | $1,199 |
| GOOG Stock Forecast (S&P 500 historical 11.13% ROI)* | $154 | $290 | $833 | $2,393 |
| GOOG Stock Forecast (QTEC 15.2% ROI)** | $160 | $373 | $1,536 | $6,321 |
Based on GOOG's stock price of $138.54. *SP500's CAGR since 1973. ** QTEC's CAGR since 2008.
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Google stock price history
Google stock debuted on the Nasdaq stock exchange on August 19, 2004, at a price of $85 per share ($27.9 when accounting for eventual splits), after raising $1.67 billion. Since then, the stock has split twice, once in 2012 and once in 2014. The stock also paid a special dividend of $1.53 per share in 2019 as part of a settlement with the French government over a tax dispute.
It's important to note that the stock has also faced some challenges and corrections along the way, such as the global financial crisis of 2008-2009 and the COVID-19 pandemic. However, the company has demonstrated resilience and adaptability even amid harsh economic conditions.
For example, during the 2008-2009 financial crisis, the stock price dropped by 56% from its peak in Nov. 2007 to its lowest in Nov 2008. Despite this, it recovered quickly, and its price steadily increased throughout 2009. From 2013 onward, Google enjoyed a prolonged bullish trend that lasted until late 2021, when the stock saw a significant price correction. However, GOOG has recovered most of the value it lost in this crash.
Google price prediction for 2040
Making predictions about Google's stock price nearly 20 or 30 years into the future requires making specific assumptions. To forecast Google stock price prediction for 2024, we can come up with a few different scenarios to give a range of possibilities, and also use our profit calculator, which helps you calculate your future profits based on your starting investment.
If we assume a fairly conservative 5% annual growth rate over the next 17years, similar to the long-term growth of the US economy, Google's stock could reach around $318per share by 2040. That's more than double the current price.
Meanwhile, if Google keeps pace with the S&P 500's historical average annual return of nearly 11.13%, its stock price could climb to around $700 by 2040.
If Google matches the impressive 15.2% average yearly return of the tech-focused QTEC index, its share price could top $833 by 2040. That would be more than 6times today's price.
Google price prediction for 2050
If we stay consistent with our assumption for 2040, we can also use the same scenarios to forecast the stock price for 2050. So, extending the timeline to 28 years but using the same scenarios based on a 5% annual growth rate until 2050, GOOG would be trading at $517 in 2050.
Based on the historical S&P 500 Index, which is 11.13% yearly, the stock would be trading at $2,393 in 2050.
If the stock were to grow at the same rate as the QTEC’s 15.2% historical average annual return, it would be worth $6,321 by the year 2050.
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Google price prediction for 2024-2025
According to our Google stock forecast algorithm, the value of Google stock is expected to rise by +46.24% from its current price and hit $202by early 2025.
What’s next for Google? Potential catalysts for growth
Being a tech company that has been doing well for a while, Google has a promising future with several growth opportunities that could boost its stock price over time.
First up is advertising. It's not news that Google is the undisputed king of online ads. With Google Ads, the company generated a revenue of $238 billion in 2023. As the digital marketing space continues to expand, Google can leverage its position to deliver more engaging ads to its growing base of users and advertisers.
Another major avenue is cloud computing. Although Google Cloud is yet to catch up to Amazon and Microsoft, it has already gained a respectable 10% market share and grew by 35% in 2022. As most companies and businesses are adopting cloud services for storage and other solutions, Google Cloud has the potential to gain more users.
It’s also important to note Google's potential in artificial intelligence. From Google Assistant to Google DeepMind, the company is on the cutting edge of AI research. It also has an open-source platform called TensorFlow, which enables wide-scale AI development.
Google’s efforts in other areas, like self-driving cars, life sciences, and drone delivery, could also skyrocket the company’s value if they prove to be successful. If even one of these bold bets achieves commercial viability at scale, it could add substantially to Google's current revenue streams.
Bottom line
With the strong growth of the advertising market, Google is well-positioned to maintain its revenue growth in the future. While the tech giant could face some competitive challenges, the company is likely to leverage its diversification to sustain its leadership in the online search and cloud computing markets.
If you’re interested in other stocks that could benefit from the digital transformation trend, check out our forecasts for tech stocks like Tesla and Microsoft.
