What google price prediction for next week

**Google's stock price is expected to face a decline in the near term.** Here's an analysis to support this prediction:

1. **Recent Performance and Market Sentiment**:
- Google's stock closed at $163.92 on October 8, 2024.
- The stock has experienced a 1.84% decline over the past week, which could indicate a bearish trend in the short term.
2. **Technical Indicators**:
- The 5-day moving average is $165.04, the 10-day is $164.62, and the 20-day is $161.83. The fact that the stock is trading below these short-term and medium-term moving averages suggests a bearish trend.

3. **Price Forecast**:
- The forecast price for the next ten trading days is as follows: $151.16 on October 8, $154.25 on October 9, $151.16 on October 10, $151.16 on October 11, $143.98 on October 14, $142.93 on October 15, $148.6 on October 16, $146.01 on October 17, and $146.01 on October 18.
- These forecasts suggest a general downward trend, with prices potentially stabilizing or slightly recovering by the end of the week.

4. **Market Impacting Factors**:
- Alphabet has faced regulatory challenges, including a lawsuit that led to a court order to restructure its app store. Such legal uncertainties can negatively impact investor confidence and stock prices.
- Additionally, the Department of Justice is expected to outline potential remedies to dismantle Google's dominance in the online search market, which could lead to further volatility.
5. **Analyst Ratings and Price Targets**:
- Recent analyst ratings have been mixed, with some downgrades and price target reductions, such as UBS Group's trim to $187.00. This could reflect a more cautious outlook from analysts, which might influence the stock's price.
- However, there are still positive expectations, as evidenced by Wolfe Research's upgrade to a strong-buy rating with a price target of $215.00.

In conclusion, while there are some positive indicators and forecasts, the current technical trends and regulatory challenges suggest that Google's stock price may face a decline in the short term. Investors should closely monitor these factors and consider their risk tolerance before making investment decisions.