Alphabet Stock: Here's What $10,000 Invested 10 Years Ago Is Worth Today.
Shareholders have fared extremely well over the long haul. Will the next decade be good, too?
Overview
At about $320 per share as of this writing, Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) stock trades at 16 times earnings, a multiple usually reserved for slow-growth businesses. Yet just last week, management raised the company's 2026 capital expenditure guidance to a range of $195 billion to $205 billion.
This begs the question, is it time to get in on this stock? After all, its historical performance is staggering.
Details
Ten years ago this week, Alphabet's split-adjusted share price was about $38. A $10,000 investment then would have bought about 262 shares. Today, that stake would be worth about $84,000, a compound annual return of roughly 24% (not counting the small dividend the company began paying in 2024).
Source
Originally published at www.fool.com.