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浦銀國際目標價：Alphabet（GOOG.US）-行業數據

浦銀國際目標價：Alphabet（GOOG.US）
浦銀國際目標價：Alphabet（GOOG.US）
我們使用 SOTP 估值法對 Alphabet 進行估值，參考可比公司估值，分別給予谷歌服務/谷歌云業務 2025E 17x/30x P/E，得到目標價 202 美元，對應FY25E/2026E 25x/22x P/E，首次覆蓋谷歌，給予“買入”評級。
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浦銀國際目標價：Alphabet（GOOG.US）_第1頁
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浦銀國際目標價：Alphabet（GOOG.US）_第2頁
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浦銀國際目標價：Alphabet（GOOG.US）_第4頁
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浦銀國際目標價：Alphabet（GOOG.US）_第6頁
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浦銀國際目標價：Alphabet（GOOG.US）_第10頁
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浦銀國際目標價：Alphabet（GOOG.US）_第11頁
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浦銀國際目標價：Alphabet（GOOG.US）_第14頁
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所屬報告： 中美互聯網的平行時空：割裂與摩擦——當前時點如何選擇？-241206（68頁）.pdf
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