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Catalysts

Are there any products or services that could move sales or earnings meaningfully? Google Cloud and Waymo.
Are there any industry tailwinds this stock is benefitting or hindered from? Cloud computing, autonomous EV, AI/machine learning.

Valuation

Where do you think the business will be in 5 years time? Advertising will remain its main revenue. Cloud business will grow above 20% annually. Youtube has also potential to grow faster. Introduction of AI Google searches makes information more easily available. It may potential lose some market share to, e.g., ChatGPT if it laggs behind with AI. Waymo (robotaxi) is in the market. Other bets may surprise positively.
What do you think revenue and profit margins will be? I assume 10-15% annual earnings growth within the analysts range (11.8%)
What do you think the valuation multiple will be in the future? PE= 20-25
Based on my growth expectations, is the stock currently overvalued or undervalued? UNDERVALUED

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Disclaimer

The user Unike holds no position in NasdaqGS:GOOGL. Simply Wall St has no position in any of the companies mentioned. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.