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Alphabet Overtakes Apple In Market Value - For Now


Ron Burgundy
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Letters spell the word "Alphabet" as they are seen on a computer screen with a Google search page in this photo illustration taken in ParisAlphabet Inc might win the market cap battle against Apple Inc , but will it win the war? The median share price forecast of 31 analysts who raised price targets after Alphabet reported strong results on Monday was $924, suggesting that the company formerly known as Google could be valued at $628 billion in the next 12 months. Apple, tracked by 49 analysts, would be valued at $748.5 billion, at the current median price target of $135.




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