Google Stock: Sky-High Price Predictions Met with Skepticism

Summary

A recent post on r/stocks sparked a lively debate by predicting Google, or GOOG, would reach $1,000 and that the Nasdaq might even be renamed the "GOOG exchange" by the end of summer, citing massive bullish indicators like search dominance, cloud growth, YouTube's strength, Waymo's progress, share buybacks, and Gemini's rapid improvement. The original poster also suggested a potential 20-for-1 stock split to make shares more accessible. However, the overwhelming sentiment in the comments was a strong disagreement with the $1,000 by summer prediction, with many calling it unrealistic for a company of Google's size. While most commenters are bullish on Google long-term, some suggest a more achievable target around $500, or a $12-13 trillion market cap eventually, but not within a few months. A few commenters questioned if the original post was written by AI due to its bullet-point style. Some offered cautious advice, reminding others that the market doesn't always reflect a company's worth and that past market crashes, like in 2022, are a reminder to be prepared for volatility. The claims in the original post lean heavily on speculation and enthusiasm, while the counterarguments are more grounded in market realities and company scale, with a strong consensus for long-term optimism but not for the immediate, extreme price surge predicted.