Google Cloud is worth twice IBM's market cap

[Bradley Prior]

Google Cloud is worth twice IBM's market cap

Alphabet Inc.’s cloud business alone is now worth almost twice the market value of IBM Corp., a leader in the space for decades, according to analysts at Deutsche Bank AG.

The bank values Alphabet’s Google Cloud at $225 billion, analysts led by Lloyd Walmsley wrote in a note to clients, saying the unit could report compound annual growth of 55% between 2018 and 2022, and reach annual sales of about $38 billion by 2025. [Bloomberg]

 

[ToxicBunny]

Could report annual growth of 55% for 4 straight years? That seems a bit ambitious if you ask me.

 

[RonSwanson]

These guys are really serious. They are listening to clients, and meeting their expectations.
More power to their elbow!
Viva competition viva!

 

[Arthur]

DB are just talking up their stake in Alphabet. Anyone with half a femtosecond's knowledge of valuations knows it's absurd to compare an internal valuation to a real market cap on the NYSE.

GOOGL on Nasdaq is currently valued at $824.75b, about $100 per share down from the 12m high of $1296 at the end of April.