Google Cloud Worth $225 Billion, Deutsche Bank Says
- Division worth $225 billion as 55% compound growth forecast
- Deutsche Bank analysts give stock new Street-high price target
Attendees enter the Google Cloud Next '19 conference in San Francisco, California.
Photographer: Bloomberg/BloombergThis article is for subscribers only.
Alphabet Inc.’s cloud business alone is now worth $225 billion, Deutsche Bank analysts led by Lloyd Walmsley wrote in a note.
The unit could report compound annual growth of 55% between 2018 and 2022, and reach annual sales of about $38 billion by 2025, the analysts wrote.