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DOJ Targets Google Chrome, Poll Shows 64% Oppose Alphabet Breakup: YouTube Seen As Top Prize - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL) - Benzinga

<!DOCTYPE html><html lang="en"><head><meta charSet="utf-8"/><meta name="viewport" content="width=device-width"/><title>DOJ Targets Google Chrome, Poll Shows 64% Oppose Alphabet Breakup: YouTube Seen As Top Prize - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL) - Benzinga</title><script type="application/ld+json">{ "@context": "http://schema.org", "@type": "NewsArticle", "publisher": {"@type":"Organization","logo":{"@type":"ImageObject","url":"/next-assets/images/schema-publisher-logo-benzinga.png"},"name":"Benzinga","url":"https://www.benzinga.com"}, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://www.benzinga.com/tech/24/11/42140450/doj-targets-google-chrome-poll-shows-64-oppose-alphabet-breakup-youtube-seen-as-top-prize" }, "mainEntity": "WebPage", "headline": "DOJ Targets Google Chrome, Poll Shows 64% Oppose Alphabet Breakup: YouTube Seen As Top Prize - Alphabet (", "url": "https://www.benzinga.com/tech/24/11/42140450/doj-targets-google-chrome-poll-shows-64-oppose-alphabet-breakup-youtube-seen-as-top-prize", "dateCreated": "2024-11-22T10:24:13.000-05:00", "datePublished": "2024-11-22T10:24:13.000-05:00", "dateModified": "2024-11-22T10:24:14.000-05:00", "creator": { "@type": "Person", "name": "Chris Katje" ,"url": "/author/chris-katje" }, "author": { "@type": "Person", "name": "Chris Katje" ,"url": "/author/chris-katje" }, "description": "A Benzinga reader poll find the majority of investors don't think Google/Alphabet should be split up. 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@keyframes fa-beat { 0%, 90% { -webkit-transform: scale(1); transform: scale(1); } 45% { -webkit-transform: scale(var(--fa-beat-scale, 1.25)); transform: scale(var(--fa-beat-scale, 1.25)); } } @-webkit-keyframes fa-bounce { 0% { -webkit-transform: scale(1, 1) translateY(0); transform: scale(1, 1) translateY(0); } 10% { -webkit-transform: scale(var(--fa-bounce-start-scale-x, 1.1), var(--fa-bounce-start-scale-y, 0.9)) translateY(0); transform: scale(var(--fa-bounce-start-scale-x, 1.1), var(--fa-bounce-start-scale-y, 0.9)) translateY(0); } 30% { -webkit-transform: scale(var(--fa-bounce-jump-scale-x, 0.9), var(--fa-bounce-jump-scale-y, 1.1)) translateY(var(--fa-bounce-height, -0.5em)); transform: scale(var(--fa-bounce-jump-scale-x, 0.9), var(--fa-bounce-jump-scale-y, 1.1)) translateY(var(--fa-bounce-height, -0.5em)); } 50% { -webkit-transform: scale(var(--fa-bounce-land-scale-x, 1.05), var(--fa-bounce-land-scale-y, 0.95)) translateY(0); transform: scale(var(--fa-bounce-land-scale-x, 1.05), var(--fa-bounce-land-scale-y, 0.95)) translateY(0); } 57% { -webkit-transform: scale(1, 1) translateY(var(--fa-bounce-rebound, -0.125em)); transform: scale(1, 1) translateY(var(--fa-bounce-rebound, -0.125em)); } 64% { -webkit-transform: scale(1, 1) translateY(0); transform: scale(1, 1) translateY(0); } 100% { -webkit-transform: scale(1, 1) translateY(0); transform: scale(1, 1) translateY(0); } } @keyframes fa-bounce { 0% { -webkit-transform: scale(1, 1) translateY(0); transform: scale(1, 1) translateY(0); } 10% { -webkit-transform: scale(var(--fa-bounce-start-scale-x, 1.1), var(--fa-bounce-start-scale-y, 0.9)) translateY(0); transform: scale(var(--fa-bounce-start-scale-x, 1.1), var(--fa-bounce-start-scale-y, 0.9)) translateY(0); } 30% { -webkit-transform: scale(var(--fa-bounce-jump-scale-x, 0.9), var(--fa-bounce-jump-scale-y, 1.1)) translateY(var(--fa-bounce-height, -0.5em)); transform: scale(var(--fa-bounce-jump-scale-x, 0.9), var(--fa-bounce-jump-scale-y, 1.1)) 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scale(var(--fa-beat-fade-scale, 1.125)); } } @keyframes fa-beat-fade { 0%, 100% { opacity: var(--fa-beat-fade-opacity, 0.4); -webkit-transform: scale(1); transform: scale(1); } 50% { opacity: 1; -webkit-transform: scale(var(--fa-beat-fade-scale, 1.125)); transform: scale(var(--fa-beat-fade-scale, 1.125)); } } @-webkit-keyframes fa-flip { 50% { -webkit-transform: rotate3d(var(--fa-flip-x, 0), var(--fa-flip-y, 1), var(--fa-flip-z, 0), var(--fa-flip-angle, -180deg)); transform: rotate3d(var(--fa-flip-x, 0), var(--fa-flip-y, 1), var(--fa-flip-z, 0), var(--fa-flip-angle, -180deg)); } } @keyframes fa-flip { 50% { -webkit-transform: rotate3d(var(--fa-flip-x, 0), var(--fa-flip-y, 1), var(--fa-flip-z, 0), var(--fa-flip-angle, -180deg)); transform: rotate3d(var(--fa-flip-x, 0), var(--fa-flip-y, 1), var(--fa-flip-z, 0), var(--fa-flip-angle, -180deg)); } } @-webkit-keyframes fa-shake { 0% { -webkit-transform: rotate(-15deg); transform: rotate(-15deg); } 4% { -webkit-transform: rotate(15deg); transform: rotate(15deg); } 8%, 24% { -webkit-transform: rotate(-18deg); transform: rotate(-18deg); } 12%, 28% { -webkit-transform: rotate(18deg); transform: rotate(18deg); } 16% { -webkit-transform: rotate(-22deg); transform: rotate(-22deg); } 20% { -webkit-transform: rotate(22deg); transform: rotate(22deg); } 32% { -webkit-transform: rotate(-12deg); transform: rotate(-12deg); } 36% { -webkit-transform: rotate(12deg); transform: rotate(12deg); } 40%, 100% { -webkit-transform: rotate(0deg); transform: rotate(0deg); } } @keyframes fa-shake { 0% { -webkit-transform: rotate(-15deg); transform: rotate(-15deg); } 4% { -webkit-transform: rotate(15deg); transform: rotate(15deg); } 8%, 24% { -webkit-transform: rotate(-18deg); transform: rotate(-18deg); } 12%, 28% { -webkit-transform: rotate(18deg); transform: rotate(18deg); } 16% { -webkit-transform: rotate(-22deg); transform: rotate(-22deg); } 20% { -webkit-transform: rotate(22deg); transform: rotate(22deg); } 32% { -webkit-transform: rotate(-12deg); transform: rotate(-12deg); } 36% { -webkit-transform: rotate(12deg); transform: rotate(12deg); } 40%, 100% { -webkit-transform: rotate(0deg); transform: rotate(0deg); } } @-webkit-keyframes fa-spin { 0% { -webkit-transform: rotate(0deg); transform: rotate(0deg); } 100% { -webkit-transform: rotate(360deg); transform: rotate(360deg); } } @keyframes fa-spin { 0% { -webkit-transform: rotate(0deg); transform: rotate(0deg); } 100% { -webkit-transform: rotate(360deg); transform: rotate(360deg); } } .fa-rotate-90 { -webkit-transform: rotate(90deg); transform: rotate(90deg); } .fa-rotate-180 { -webkit-transform: rotate(180deg); transform: rotate(180deg); } .fa-rotate-270 { -webkit-transform: rotate(270deg); transform: rotate(270deg); } .fa-flip-horizontal { -webkit-transform: scale(-1, 1); transform: scale(-1, 1); } .fa-flip-vertical { -webkit-transform: scale(1, -1); transform: scale(1, -1); } .fa-flip-both, .fa-flip-horizontal.fa-flip-vertical { -webkit-transform: scale(-1, 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class="lazyload-wrapper "><div style="height:40px" class="lazyload-placeholder"></div></div><div class="h-[40px] w-[128px]"></div></div></div><div class="key-points-wrapper"><div class="sc-jxvlqV dPbYsv key-points "><h6 class="key-points-header">Zinger Key Points</h6><ul><li class="">The Department of Justice has suggested Alphabet should divest Google Chrome as part of an investigation. </li><li class="">Benzinga readers don&#x27;t believe Alphabet should be split up, but if it is YouTube would be the top request. </li></ul></div></div><!--$--><figure class="sc-jxENsg dxZbBQ image-placement"><div class="article-image bg-gray-100"><span style="background:none;border:0;box-sizing:border-box;display:block;height:initial;margin:0;opacity:1;overflow:hidden;padding:0;width:initial;position:absolute;top:0;left:0;bottom:0;right:0"><div role="img" class="sc-ckdEwu dtUxBs"></div><img alt="" title="DOJ Targets Google Chrome, Poll Shows 64% Oppose Alphabet Breakup: YouTube Seen As Top Prize" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" decoding="async" style="border:none;bottom:0;box-sizing:border-box;display:block;height:0;left:0;margin:auto;max-height:100%;max-width:100%;min-height:100%;min-width:100%;padding:0;position:absolute;right:0;top:0;width:0;object-fit:cover"/><noscript><img alt="" title="DOJ Targets Google Chrome, Poll Shows 64% Oppose Alphabet Breakup: YouTube Seen As Top Prize" sizes="(max-width: 800px) 120px, (min-width: 800px) 400px" src="https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=3840" srcSet="https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=16 16w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=32 32w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=48 48w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=64 64w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=96 96w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=128 128w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=256 256w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=384 384w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=640 640w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=750 750w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=828 828w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=1080 1080w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=1200 1200w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=1920 1920w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=2048 2048w, https://cdn.benzinga.com/files/images/story/2024/11/22/google-shutter2.jpeg?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=3840 3840w" decoding="async" loading="lazy" style="border:none;bottom:0;box-sizing:border-box;display:block;height:0;left:0;margin:auto;max-height:100%;max-width:100%;min-height:100%;min-width:100%;padding:0;position:absolute;right:0;top:0;width:0;object-fit:cover"/></noscript></span></div></figure><!--/$--><div class="sc-dIGTRn rKjbZ article-content-body" id="node-42140450"><div style="height:2px"></div><div class="sc-efxDdt hCpWKb article-content-body-only " id="article-body" itemProp="articleBody" itemscope="" itemType="https://schema.org/Article"><div><p>A poll of Benzinga readers found that they don't believe<strong> Alphabet Inc </strong><span class="ticker" data-ticker="GOOG" data-exchange="NASDAQ" style="display: inline-block;">GOOG</span> <span class="ticker" data-ticker="GOOGL" data-exchange="NASDAQ" style="display: inline-block;">GOOGL</span> should be broken up. This comes as the Department of Justice (DOJ) suggested divesting the Chrome browser to <a href="https://www.benzinga.com/tech/24/11/42105079/googles-unlawful-behavior-stifles-market-entry-for-rivals-doj-says-alphabet-must-sell-chrome-to-end-search-monopoly">break a search monopoly.</a></p> <p><strong>What Happened:</strong> Google parent Alphabet has long <a href="https://www.benzinga.com/government/21/07/22094354/could-new-justice-department-hire-lead-to-google-breakup">been a target</a> of potential antitrust investigations due to the company's large market share in online search.</p> <p>The DOJ recommended that Google share search data with competitors to foster fair competition. The department also said Google should consider selling its Android operating system.</p> <p>"Google's unlawful behavior has deprived rivals not only of critical distribution channels but also distribution partners who could otherwise enable entry into these markets by competitors in new and innovative ways," the DOJ&nbsp;said in a statement.</p> <p>A recent poll of Benzinga readers found that they don't believe Alphabet should be split up.</p> <p>"Should the Department of Justice break up Alphabet (Google)?" Benzinga asked.</p> <p>The results were:</p> <ul> <li>Yes: 36%</li> <li>No: 64%</li> </ul> <p>While the DOJ is targeting Chrome as the potential unit to be divested, Benzinga readers have other preferences.</p> <p>"Which part of Alphabet would you most want to invest in if it splits up," Benzinga asked.</p> <p>The results were:</p> <ul> <li>YouTube: 43%</li> <li>Google Search: 31%</li> <li>Android: 17%</li> <li>Chrome: 9%</li> </ul> <p>Benzinga readers ranked YouTube as the top choice for a standalone unit, while Chrome was the least favored.</p> <p><strong>Read Also: <a href="https://www.benzinga.com/government/regulations/24/11/42119020/alphabet-bleeds-over-120-billion-in-market-value-eyes-worst-day-in-10-months-after-doj-demands-google-chrome-sale">Alphabet Bleeds Over $120 Billion In Market Value, Eyes Worst Day In 10 Months After DOJ Demands Google Chrome Sale</a></strong></p> <p><strong>Why It's Important:</strong> While Alphabet likely does not want to split up or sell any of its units, investors could end up the winners <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40378964/google-stock-swings-on-doj-investigation-analyst-says-googl-is-worth-more-in-pieces">according to analysts.</a></p> <p>Jefferies analyst Brent Thill recently said that a breakup or business separation could be good for shareholders.</p> <p>&#8220;We don&#8217;t believe a full breakup would happen. Even if it did, it would be good for shareholders because the sum of the parts is greater than the whole,&#8221; Thill&nbsp;<a href="https://x.com/YahooFinance/status/1823722376716280107" target="_blank" rel="noreferrer noopener">told&nbsp;</a>Yahoo Finance.</p> <p>Needham analyst Laura Martin has been emphasizing for months that a forced breakup of Alphabet could lead to a significantly higher valuation.</p> <p>&#8220;We believe that GOOGL is worth more in pieces than together, so we welcome regulators&#8217; attempts to break up GOOGL,&#8221; Martin said in a new investor note.</p> <p>A break-up could put a spotlight on the valuation of video platform YouTube, Martin said.</p> <p>&#8220;We calculate that YouTube would be valued between $455B-$643B if separately traded.&#8221;</p> <p>Martin said Alphabet shares would likely trade higher if the company breaks up because investors would be willing to pay more for &#8220;pure-play assets,&#8221; more data points could be publicly shared, and employees would receive shares in business lines they directly impact.</p> <p>Martin has a Buy rating on Alphabet and price target of $210.</p> <p><strong>GOOG Price Action</strong>: Alphabet stock trades at $167.81 Friday versus a 52-week trading range of $129.40 to $193.31. Alphabet stock is up 21.3% year-to-date, trailing the 25.6% gain of the <strong>SPDR S&amp;P 500 ETF Trust</strong>, which tracks the S&amp;P 500.</p> <p><strong>Read Next: </strong></p> <ul> <li><strong><a href="https://www.benzinga.com/24/11/42131274/why-googles-chrome-battle-isnt-just-about-search-gene-munster-calls-it-a-tough-day-for-big-tech-on-the-regulatory-front">Google&#8217;s Chrome Battle Goes Beyond The Browser: Gene Munster Outlines Wider Implications Of DOJ Going After The Search Giant</a></strong></li> </ul> <p><em>The study was conducted by Benzinga from Nov. 21 through Nov. 22, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 88 adults.</em></p> <p><em>Photo: Shutterstock</em></p></div><a class="text-sm my-4" href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer" target="_blank">Market News and Data brought to you by Benzinga APIs</a><p class="copyright">© 2024 Benzinga.com. Benzinga does not provide investment advice. 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href="https://www.benzinga.com/sitemap" class="sc-eYjERw jyhyPs">Sitemap</a></li></ul><div class="copyright-section text-center w-full whitespace-nowrap mt-2">© <!-- -->2024<!-- --> Benzinga | All Rights Reserved</div></div></div></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"article":{"id":"6740a21ab6cb720001aa1b16","nodeId":42140450,"userId":223047,"versionId":50414845,"type":"story","published":true,"createdAt":"2024-11-22T15:24:13Z","updatedAt":"2024-11-22T15:24:14Z","title":"DOJ Targets Google Chrome, Poll Shows 64% Oppose Alphabet Breakup: YouTube Seen As Top Prize","titleSeo":"","body":"\u003cp\u003eA poll of Benzinga readers found that they don't believe\u003cstrong\u003e Alphabet Inc \u003c/strong\u003e\u003cspan class=\"ticker\"\n data-ticker=\"GOOG\"\n data-exchange=\"NASDAQ\"\n style=\"display: inline-block;\"\u003eGOOG\u003c/span\u003e \u003cspan class=\"ticker\"\n data-ticker=\"GOOGL\"\n data-exchange=\"NASDAQ\"\n style=\"display: inline-block;\"\u003eGOOGL\u003c/span\u003e should be broken up. This comes as the Department of Justice (DOJ) suggested divesting the Chrome browser to \u003ca href=\"https://www.benzinga.com/tech/24/11/42105079/googles-unlawful-behavior-stifles-market-entry-for-rivals-doj-says-alphabet-must-sell-chrome-to-end-search-monopoly\"\u003ebreak a search monopoly.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Google parent Alphabet has long \u003ca href=\"https://www.benzinga.com/government/21/07/22094354/could-new-justice-department-hire-lead-to-google-breakup\"\u003ebeen a target\u003c/a\u003e of potential antitrust investigations due to the company's large market share in online search.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe DOJ recommended that Google share search data with competitors to foster fair competition. The department also said Google should consider selling its Android operating system.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Google's unlawful behavior has deprived rivals not only of critical distribution channels but also distribution partners who could otherwise enable entry into these markets by competitors in new and innovative ways,\" the DOJ\u0026nbsp;said in a statement.\u003c/p\u003e\n\n\n\n\u003cp\u003eA recent poll of Benzinga readers found that they don't believe Alphabet should be split up.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Should the Department of Justice break up Alphabet (Google)?\" Benzinga asked.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe results were:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eYes: 36%\u003c/li\u003e\n\n\n\n\u003cli\u003eNo: 64%\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eWhile the DOJ is targeting Chrome as the potential unit to be divested, Benzinga readers have other preferences.\u003c/p\u003e\n\n\n\n\u003cp\u003e\"Which part of Alphabet would you most want to invest in if it splits up,\" Benzinga asked.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe results were:\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003eYouTube: 43%\u003c/li\u003e\n\n\n\n\u003cli\u003eGoogle Search: 31%\u003c/li\u003e\n\n\n\n\u003cli\u003eAndroid: 17%\u003c/li\u003e\n\n\n\n\u003cli\u003eChrome: 9%\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003eBenzinga readers ranked YouTube as the top choice for a standalone unit, while Chrome was the least favored.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/government/regulations/24/11/42119020/alphabet-bleeds-over-120-billion-in-market-value-eyes-worst-day-in-10-months-after-doj-demands-google-chrome-sale\"\u003eAlphabet Bleeds Over $120 Billion In Market Value, Eyes Worst Day In 10 Months After DOJ Demands Google Chrome Sale\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhy It's Important:\u003c/strong\u003e While Alphabet likely does not want to split up or sell any of its units, investors could end up the winners \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40378964/google-stock-swings-on-doj-investigation-analyst-says-googl-is-worth-more-in-pieces\"\u003eaccording to analysts.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eJefferies analyst Brent Thill recently said that a breakup or business separation could be good for shareholders.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;We don\u0026#8217;t believe a full breakup would happen. Even if it did, it would be good for shareholders because the sum of the parts is greater than the whole,\u0026#8221; Thill\u0026nbsp;\u003ca href=\"https://x.com/YahooFinance/status/1823722376716280107\" target=\"_blank\" rel=\"noreferrer noopener\"\u003etold\u0026nbsp;\u003c/a\u003eYahoo Finance.\u003c/p\u003e\n\n\n\n\u003cp\u003eNeedham analyst Laura Martin has been emphasizing for months that a forced breakup of Alphabet could lead to a significantly higher valuation.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;We believe that GOOGL is worth more in pieces than together, so we welcome regulators\u0026#8217; attempts to break up GOOGL,\u0026#8221; Martin said in a new investor note.\u003c/p\u003e\n\n\n\n\u003cp\u003eA break-up could put a spotlight on the valuation of video platform YouTube, Martin said.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u0026#8220;We calculate that YouTube would be valued between $455B-$643B if separately traded.\u0026#8221;\u003c/p\u003e\n\n\n\n\u003cp\u003eMartin said Alphabet shares would likely trade higher if the company breaks up because investors would be willing to pay more for \u0026#8220;pure-play assets,\u0026#8221; more data points could be publicly shared, and employees would receive shares in business lines they directly impact.\u003c/p\u003e\n\n\n\n\u003cp\u003eMartin has a Buy rating on Alphabet and price target of $210.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eGOOG Price Action\u003c/strong\u003e: Alphabet stock trades at $167.81 Friday versus a 52-week trading range of $129.40 to $193.31. Alphabet stock is up 21.3% year-to-date, trailing the 25.6% gain of the \u003cstrong\u003eSPDR S\u0026amp;P 500 ETF Trust\u003c/strong\u003e, which tracks the S\u0026amp;P 500.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eRead Next: \u003c/strong\u003e\u003c/p\u003e\n\n\n\n\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131274/why-googles-chrome-battle-isnt-just-about-search-gene-munster-calls-it-a-tough-day-for-big-tech-on-the-regulatory-front\"\u003eGoogle\u0026#8217;s Chrome Battle Goes Beyond The Browser: Gene Munster Outlines Wider Implications Of DOJ Going After The Search Giant\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eThe study was conducted by Benzinga from Nov. 21 through Nov. 22, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 88 adults.\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003ePhoto: Shutterstock\u003c/em\u003e\u003c/p\u003e","name":"Chris Katje","assets":[{"type":"image","title":"google shutter2","alt":"google shutter2","source":"","mime":"","primary":true,"attributes":{"fid":"901028","filename":"google-shutter2.jpeg","filepath":"files/images/story/2024/11/22/google-shutter2.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"partnerUrl":"","teaserText":"A Benzinga reader poll find the majority of investors don't think Google/Alphabet should be split up. If the company is, YouTube is the piece investors want.","canonicalPath":"tech/24/11/42140450/doj-targets-google-chrome-poll-shows-64-oppose-alphabet-breakup-youtube-seen-as-top-prize","tags":[{"tid":47909,"vid":3,"name":"Android OS"},{"tid":611587,"vid":3,"name":"Benzinga Poll"},{"tid":18045,"vid":3,"name":"Brent Thill"},{"tid":24063,"vid":3,"name":"Department of Justice"},{"tid":37576,"vid":3,"name":"DOJ"},{"tid":868681,"vid":3,"name":"Expert Ideas"},{"tid":41308,"vid":3,"name":"Google Chrome"},{"tid":129087,"vid":3,"name":"Google Search"},{"tid":16821,"vid":3,"name":"Jefferies"},{"tid":20794,"vid":3,"name":"Laura Martin"},{"tid":16819,"vid":3,"name":"Needham"},{"tid":22229,"vid":3,"name":"YouTube"}],"tickers":[{"tid":11589,"vid":2,"name":"GOOG","description":"Google","primary":true},{"tid":121080,"vid":2,"name":"GOOGL","primary":true}],"channels":[{"tid":145889,"vid":1,"name":"Exclusives"},{"tid":6,"vid":1,"name":"Tech"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"quotes":[{"exchange":"NASDAQ","name":"Alphabet","price":170.35,"symbol":"GOOG","type":"STOCK","volume":3583501},{"exchange":"NASDAQ","name":"Alphabet","price":168.555,"symbol":"GOOGL","type":"STOCK","volume":5218596}],"keyItems":[{"value":"The Department of Justice has suggested Alphabet should divest Google Chrome as part of an investigation. 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This comes as the Department of Justice (DOJ) suggested divesting the Chrome browser to ","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"break a search monopoly.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"break a search monopoly.","nodeType":1,"tag":"a","tagAttributes":{"href":"https://www.benzinga.com/tech/24/11/42105079/googles-unlawful-behavior-stifles-market-entry-for-rivals-doj-says-alphabet-must-sell-chrome-to-end-search-monopoly","target":"_blank"}}],"extracted":[],"hasChild":true,"innerHTML":"A poll of Benzinga readers found that they don't believe\u003cstrong\u003e Alphabet Inc \u003c/strong\u003e\u003cspan class=\"ticker\"\n data-ticker=\"GOOG\"\n data-exchange=\"NASDAQ\"\n style=\"display: inline-block;\"\u003eGOOG\u003c/span\u003e \u003cspan class=\"ticker\"\n data-ticker=\"GOOGL\"\n data-exchange=\"NASDAQ\"\n style=\"display: inline-block;\"\u003eGOOGL\u003c/span\u003e should be broken up. 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31%","nodeType":1,"tag":"li","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n\n\n\n","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Android: 17%","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Android: 17%","nodeType":1,"tag":"li","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n\n\n\n","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Chrome: 9%","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Chrome: 9%","nodeType":1,"tag":"li","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\n\u003cli\u003eYouTube: 43%\u003c/li\u003e\n\n\n\n\u003cli\u003eGoogle Search: 31%\u003c/li\u003e\n\n\n\n\u003cli\u003eAndroid: 17%\u003c/li\u003e\n\n\n\n\u003cli\u003eChrome: 9%\u003c/li\u003e\n","nodeType":1,"tag":"ul","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Benzinga readers ranked YouTube as the top choice for a standalone unit, while Chrome was the least favored.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Benzinga readers ranked YouTube as the top choice for a standalone unit, while Chrome was the least favored.","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Read Also: ","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Alphabet Bleeds Over $120 Billion In Market Value, Eyes Worst Day In 10 Months After DOJ Demands Google Chrome Sale","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Alphabet Bleeds Over $120 Billion In Market Value, Eyes Worst Day In 10 Months After DOJ Demands Google Chrome Sale","nodeType":1,"tag":"a","tagAttributes":{"href":"https://www.benzinga.com/government/regulations/24/11/42119020/alphabet-bleeds-over-120-billion-in-market-value-eyes-worst-day-in-10-months-after-doj-demands-google-chrome-sale","target":"_blank"}}],"extracted":[],"hasChild":true,"innerHTML":"Read Also: \u003ca href=\"https://www.benzinga.com/government/regulations/24/11/42119020/alphabet-bleeds-over-120-billion-in-market-value-eyes-worst-day-in-10-months-after-doj-demands-google-chrome-sale\"\u003eAlphabet Bleeds Over $120 Billion In Market Value, Eyes Worst Day In 10 Months After DOJ Demands Google Chrome Sale\u003c/a\u003e","nodeType":1,"tag":"strong","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/government/regulations/24/11/42119020/alphabet-bleeds-over-120-billion-in-market-value-eyes-worst-day-in-10-months-after-doj-demands-google-chrome-sale\"\u003eAlphabet Bleeds Over $120 Billion In Market Value, Eyes Worst Day In 10 Months After DOJ Demands Google Chrome Sale\u003c/a\u003e\u003c/strong\u003e","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Why It's Important:","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Why It's Important:","nodeType":1,"tag":"strong","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":" While Alphabet likely does not want to split up or sell any of its units, investors could end up the winners ","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"according to analysts.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"according to analysts.","nodeType":1,"tag":"a","tagAttributes":{"href":"https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40378964/google-stock-swings-on-doj-investigation-analyst-says-googl-is-worth-more-in-pieces","target":"_blank"}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cstrong\u003eWhy It's Important:\u003c/strong\u003e While Alphabet likely does not want to split up or sell any of its units, investors could end up the winners \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40378964/google-stock-swings-on-doj-investigation-analyst-says-googl-is-worth-more-in-pieces\"\u003eaccording to analysts.\u003c/a\u003e","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Jefferies analyst Brent Thill recently said that a breakup or business separation could be good for shareholders.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Jefferies analyst Brent Thill recently said that a breakup or business separation could be good for shareholders.","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"“We don’t believe a full breakup would happen. Even if it did, it would be good for shareholders because the sum of the parts is greater than the whole,” Thill ","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"told ","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"told ","nodeType":1,"tag":"a","tagAttributes":{"href":"https://x.com/YahooFinance/status/1823722376716280107","target":"_blank","rel":"noreferrer noopener"}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Yahoo Finance.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"“We don’t believe a full breakup would happen. Even if it did, it would be good for shareholders because the sum of the parts is greater than the whole,” Thill \u003ca href=\"https://x.com/YahooFinance/status/1823722376716280107\" target=\"_blank\" rel=\"noreferrer noopener\"\u003etold \u003c/a\u003eYahoo Finance.","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Needham analyst Laura Martin has been emphasizing for months that a forced breakup of Alphabet could lead to a significantly higher valuation.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Needham analyst Laura Martin has been emphasizing for months that a forced breakup of Alphabet could lead to a significantly higher valuation.","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"“We believe that GOOGL is worth more in pieces than together, so we welcome regulators’ attempts to break up GOOGL,” Martin said in a new investor note.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"“We believe that GOOGL is worth more in pieces than together, so we welcome regulators’ attempts to break up GOOGL,” Martin said in a new investor note.","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"A break-up could put a spotlight on the valuation of video platform YouTube, Martin said.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"A break-up could put a spotlight on the valuation of video platform YouTube, Martin said.","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"“We calculate that YouTube would be valued between $455B-$643B if separately traded.”","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"“We calculate that YouTube would be valued between $455B-$643B if separately traded.”","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Martin said Alphabet shares would likely trade higher if the company breaks up because investors would be willing to pay more for “pure-play assets,” more data points could be publicly shared, and employees would receive shares in business lines they directly impact.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Martin said Alphabet shares would likely trade higher if the company breaks up because investors would be willing to pay more for “pure-play assets,” more data points could be publicly shared, and employees would receive shares in business lines they directly impact.","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Martin has a Buy rating on Alphabet and price target of $210.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Martin has a Buy rating on Alphabet and price target of $210.","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"GOOG Price Action","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"GOOG Price Action","nodeType":1,"tag":"strong","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":": Alphabet stock trades at $167.81 Friday versus a 52-week trading range of $129.40 to $193.31. Alphabet stock is up 21.3% year-to-date, trailing the 25.6% gain of the ","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"SPDR S\u0026P 500 ETF Trust","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"SPDR S\u0026P 500 ETF Trust","nodeType":1,"tag":"strong","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":", which tracks the S\u0026P 500.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cstrong\u003eGOOG Price Action\u003c/strong\u003e: Alphabet stock trades at $167.81 Friday versus a 52-week trading range of $129.40 to $193.31. Alphabet stock is up 21.3% year-to-date, trailing the 25.6% gain of the \u003cstrong\u003eSPDR S\u0026P 500 ETF Trust\u003c/strong\u003e, which tracks the S\u0026P 500.","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Read Next: ","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Read Next: ","nodeType":1,"tag":"strong","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cstrong\u003eRead Next: \u003c/strong\u003e","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n","nodeType":3,"tag":"","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Google’s Chrome Battle Goes Beyond The Browser: Gene Munster Outlines Wider Implications Of DOJ Going After The Search Giant","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Google’s Chrome Battle Goes Beyond The Browser: Gene Munster Outlines Wider Implications Of DOJ Going After The Search Giant","nodeType":1,"tag":"a","tagAttributes":{"href":"https://www.benzinga.com/24/11/42131274/why-googles-chrome-battle-isnt-just-about-search-gene-munster-calls-it-a-tough-day-for-big-tech-on-the-regulatory-front","target":"_blank"}}],"extracted":[],"hasChild":true,"innerHTML":"\u003ca href=\"https://www.benzinga.com/24/11/42131274/why-googles-chrome-battle-isnt-just-about-search-gene-munster-calls-it-a-tough-day-for-big-tech-on-the-regulatory-front\"\u003eGoogle’s Chrome Battle Goes Beyond The Browser: Gene Munster Outlines Wider Implications Of DOJ Going After The Search Giant\u003c/a\u003e","nodeType":1,"tag":"strong","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131274/why-googles-chrome-battle-isnt-just-about-search-gene-munster-calls-it-a-tough-day-for-big-tech-on-the-regulatory-front\"\u003eGoogle’s Chrome Battle Goes Beyond The Browser: Gene Munster Outlines Wider Implications Of DOJ Going After The Search Giant\u003c/a\u003e\u003c/strong\u003e","nodeType":1,"tag":"li","tagAttributes":{}},{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"\n","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131274/why-googles-chrome-battle-isnt-just-about-search-gene-munster-calls-it-a-tough-day-for-big-tech-on-the-regulatory-front\"\u003eGoogle’s Chrome Battle Goes Beyond The Browser: Gene Munster Outlines Wider Implications Of DOJ Going After The Search Giant\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n","nodeType":1,"tag":"ul","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"The study was conducted by Benzinga from Nov. 21 through Nov. 22, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 88 adults.","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"The study was conducted by Benzinga from Nov. 21 through Nov. 22, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 88 adults.","nodeType":1,"tag":"em","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cem\u003eThe study was conducted by Benzinga from Nov. 21 through Nov. 22, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 88 adults.\u003c/em\u003e","nodeType":1,"tag":"p","tagAttributes":{}},{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[{"blockName":"core/html","childBlocks":[],"extracted":[],"hasChild":false,"innerHTML":"Photo: Shutterstock","nodeType":3,"tag":"","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"Photo: Shutterstock","nodeType":1,"tag":"em","tagAttributes":{}}],"extracted":[],"hasChild":true,"innerHTML":"\u003cem\u003ePhoto: Shutterstock\u003c/em\u003e","nodeType":1,"tag":"p","tagAttributes":{}}],"parsedBody":["\u003cp\u003eA poll of Benzinga readers found that they don't believe\u003cstrong\u003e Alphabet Inc \u003c/strong\u003e\u003cspan class=\"ticker\"\n data-ticker=\"GOOG\"\n data-exchange=\"NASDAQ\"\n style=\"display: inline-block;\"\u003eGOOG\u003c/span\u003e \u003cspan class=\"ticker\"\n data-ticker=\"GOOGL\"\n data-exchange=\"NASDAQ\"\n style=\"display: inline-block;\"\u003eGOOGL\u003c/span\u003e should be broken up. This comes as the Department of Justice (DOJ) suggested divesting the Chrome browser to \u003ca href=\"https://www.benzinga.com/tech/24/11/42105079/googles-unlawful-behavior-stifles-market-entry-for-rivals-doj-says-alphabet-must-sell-chrome-to-end-search-monopoly\"\u003ebreak a search monopoly.\u003c/a\u003e\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e Google parent Alphabet has long \u003ca href=\"https://www.benzinga.com/government/21/07/22094354/could-new-justice-department-hire-lead-to-google-breakup\"\u003ebeen a target\u003c/a\u003e of potential antitrust investigations due to the company's large market share in online search.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eThe DOJ recommended that Google share search data with competitors to foster fair competition. The department also said Google should consider selling its Android operating system.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\"Google's unlawful behavior has deprived rivals not only of critical distribution channels but also distribution partners who could otherwise enable entry into these markets by competitors in new and innovative ways,\" the DOJ\u0026nbsp;said in a statement.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eA recent poll of Benzinga readers found that they don't believe Alphabet should be split up.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\"Should the Department of Justice break up Alphabet (Google)?\" Benzinga asked.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eThe results were:\u003c/p\u003e","\n\n\n\n","\u003cul\u003e\n\u003cli\u003eYes: 36%\u003c/li\u003e\n\n\n\n\u003cli\u003eNo: 64%\u003c/li\u003e\n\u003c/ul\u003e","\n\n\n\n","\u003cp\u003eWhile the DOJ is targeting Chrome as the potential unit to be divested, Benzinga readers have other preferences.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\"Which part of Alphabet would you most want to invest in if it splits up,\" Benzinga asked.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eThe results were:\u003c/p\u003e","\n\n\n\n","\u003cul\u003e\n\u003cli\u003eYouTube: 43%\u003c/li\u003e\n\n\n\n\u003cli\u003eGoogle Search: 31%\u003c/li\u003e\n\n\n\n\u003cli\u003eAndroid: 17%\u003c/li\u003e\n\n\n\n\u003cli\u003eChrome: 9%\u003c/li\u003e\n\u003c/ul\u003e","\n\n\n\n","\u003cp\u003eBenzinga readers ranked YouTube as the top choice for a standalone unit, while Chrome was the least favored.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u003cstrong\u003eRead Also: \u003ca href=\"https://www.benzinga.com/government/regulations/24/11/42119020/alphabet-bleeds-over-120-billion-in-market-value-eyes-worst-day-in-10-months-after-doj-demands-google-chrome-sale\"\u003eAlphabet Bleeds Over $120 Billion In Market Value, Eyes Worst Day In 10 Months After DOJ Demands Google Chrome Sale\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u003cstrong\u003eWhy It's Important:\u003c/strong\u003e While Alphabet likely does not want to split up or sell any of its units, investors could end up the winners \u003ca href=\"https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40378964/google-stock-swings-on-doj-investigation-analyst-says-googl-is-worth-more-in-pieces\"\u003eaccording to analysts.\u003c/a\u003e\u003c/p\u003e","\n\n\n\n","\u003cp\u003eJefferies analyst Brent Thill recently said that a breakup or business separation could be good for shareholders.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u0026#8220;We don\u0026#8217;t believe a full breakup would happen. Even if it did, it would be good for shareholders because the sum of the parts is greater than the whole,\u0026#8221; Thill\u0026nbsp;\u003ca href=\"https://x.com/YahooFinance/status/1823722376716280107\" target=\"_blank\" rel=\"noreferrer noopener\"\u003etold\u0026nbsp;\u003c/a\u003eYahoo Finance.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eNeedham analyst Laura Martin has been emphasizing for months that a forced breakup of Alphabet could lead to a significantly higher valuation.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u0026#8220;We believe that GOOGL is worth more in pieces than together, so we welcome regulators\u0026#8217; attempts to break up GOOGL,\u0026#8221; Martin said in a new investor note.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eA break-up could put a spotlight on the valuation of video platform YouTube, Martin said.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u0026#8220;We calculate that YouTube would be valued between $455B-$643B if separately traded.\u0026#8221;\u003c/p\u003e","\n\n\n\n","\u003cp\u003eMartin said Alphabet shares would likely trade higher if the company breaks up because investors would be willing to pay more for \u0026#8220;pure-play assets,\u0026#8221; more data points could be publicly shared, and employees would receive shares in business lines they directly impact.\u003c/p\u003e","\n\n\n\n","\u003cp\u003eMartin has a Buy rating on Alphabet and price target of $210.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u003cstrong\u003eGOOG Price Action\u003c/strong\u003e: Alphabet stock trades at $167.81 Friday versus a 52-week trading range of $129.40 to $193.31. Alphabet stock is up 21.3% year-to-date, trailing the 25.6% gain of the \u003cstrong\u003eSPDR S\u0026amp;P 500 ETF Trust\u003c/strong\u003e, which tracks the S\u0026amp;P 500.\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u003cstrong\u003eRead Next: \u003c/strong\u003e\u003c/p\u003e","\n\n\n\n","\u003cul\u003e\n\u003cli\u003e\u003cstrong\u003e\u003ca href=\"https://www.benzinga.com/24/11/42131274/why-googles-chrome-battle-isnt-just-about-search-gene-munster-calls-it-a-tough-day-for-big-tech-on-the-regulatory-front\"\u003eGoogle\u0026#8217;s Chrome Battle Goes Beyond The Browser: Gene Munster Outlines Wider Implications Of DOJ Going After The Search Giant\u003c/a\u003e\u003c/strong\u003e\u003c/li\u003e\n\u003c/ul\u003e","\n\n\n\n","\u003cp\u003e\u003cem\u003eThe study was conducted by Benzinga from Nov. 21 through Nov. 22, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 88 adults.\u003c/em\u003e\u003c/p\u003e","\n\n\n\n","\u003cp\u003e\u003cem\u003ePhoto: Shutterstock\u003c/em\u003e\u003c/p\u003e"],"author":{"about":"Chris Katje is a writer and content creator for Benzinga. After\r\nworking full-time in restaurants for more than a decade and writing\r\npart-time about the financial markets, Katje joined Benzinga full time\r\nin 2020. 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