Needham & Company does a YouTube valuation deep-dive analysis

September 13, 2023 6:37 AM EDT
Get Alerts GOOGL Hot Sheet
Price: $130.95 -1.19%

Rating Summary:
    35 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 15 | New: 49
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Needham & Company analyst Laura Martin reiterated a Buy rating and $140.00 price target on Alphabet (NASDAQ: GOOGL).

"We calculate that YouTube's value is about $400B, if separately tradable, representing about 25% of GOOGL's current EV of $1.6T. Because YouTube is a 100%-owned subsidiary of GOOGL, we believe it is being valued at a 20%-30% conglomerate discount instead."

For an analyst ratings summary and ratings history on Alphabet click here. For more ratings news on Alphabet click here.

Shares of Alphabet closed at $135.34 yesterday.

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