Gmail Turns 20: If You Invested $1000 When Google Went Public 20 Years Ago, Here's How Much You'd Have - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL) (2024)

FAQs

What if you put $1000 in Google 20 years ago? ›

Its stock price today is $150.93, which is an increase of 5,911% during this period. If you had invested $1,000 in Google stock on Aug. 19, 2004, today, you would have $60,107. Likewise, if you had invested $1,000 in an index fund replicating Nasdaq, you would have $9,000.

We watched the first trade, but it wasn't at $85—it was at $100, an 18% increase over our IPO price. Someone was making fast money. Despite our efforts, people were buying and flipping within an hour, taking a quick $15-a-share gain. The volume was huge.

The company went public at $85, sold 22.5 million shares and raised over $1.9 billion. Shares of Google rose 18.05% to $100.34 at the close on its IPO date. If you had been able to purchase Google's shares at $85, you would have acquired 12 shares, or $1,020 divided by $85, before the company split its stock.

Google's IPO was a major event in the tech world. Today, early investments in that initial offering have seen exponential growth, highlighting the tech giant's immense success. An initial investment of $85 for 1 share bought in the 2004 IPO has now turned $5,400.

Google underwent stocks splits of 2-for-1 in 2014 and 20-for-1 in 2022. The 11.76 shares would now be a total of 470.4 shares after the stock splits. The $1,000 investment would be worth $1,164,133.88 today based on a current share price of $105.22 at the time of writing.

$1000 invested in Google in 1998 as an Angel Investor would be worth ~$77,510,183 today. Who is the next Google that you are investing in now? Follow me on Linkedin, Twitter, and Instagram for more exponential growth and investing insights.

According to our Alphabet Inc. stock prediction for 2030, GOOG stock will be priced at $ 524.16 in 2030. This forecast is based on the stock's average growth over the past 10 years.

Having gone public on August 19, 2004 at a valuation $23 billion, Google/Alphabet is now worth more than $1.7 trillion, making it one of the largest public companies in the world, trailing only Apple, Microsoft and Saudi Aramco, all currently valued above $2 trillion.

Historical daily share price chart and data for Alphabet since 2004 adjusted for splits and dividends. The latest closing stock price for Alphabet as of June 18, 2024 is 175.09. The all-time high Alphabet stock closing price was 177.79 on June 12, 2024.

Is GOOGL a Buy, Sell or Hold? Alphabet Class A has a consensus rating of Strong Buy which is based on 33 buy ratings, 5 hold ratings and 0 sell ratings.

What if I invested $10,000 in Google IPO? ›

If you had invested, say Rs 10,000 in Google's IPO in 2004, at the share price of $85, your Rs 10,000 (which would have bought you approx 117 shares) would have today become Rs 17,040 ( 117 shares multiplied by current share price of $144.9).

The company in 2009

In 2009, the company was still known as Google, Inc., and was mostly known for its dominant search engine. Also in 2009, a sell-off in stocks was hammering Google's stock price. Amid a near-collapse of the financial system in 2008, Google stock ended the year at just under $154 per share.

Google class C (GOOGL) were created following the first stock split in April 2014, and ownership of these shares grant no voting privileges at shareholder meetings. Google stock class C trades at a slight discount to its class A counterpart, but the two prices often move in correlation.

But Google's parent company, Alphabet, could also be a long-term winner. With shares up by a healthy 59% over the last 12 months, Alphabet (GOOG -1.57%) (GOOGL -1.48%) stock is posting a healthy recovery after the slump it experienced in 2022.

2000s. The Google search engine attracted a loyal following among the growing number of Internet users, who liked its simple design. In 2000, Google began selling advertisem*nts associated with search keywords. The ads were text-based to maintain an uncluttered page design and to maximize page loading speed.