Alphabet (GOOGL) strengthens Stadia game suite with new titles

AlphabetGoogle’s GOOGL division has pulled all cylinders to expand its presence in the cloud gaming space, supported by growing initiatives for its Stadia game streaming platform.

Alphabet recently added five games titled Darksiders III, The Darkside Detective: A Fumble in the Dark, Bloodstained: Ritual of the Night, Shantae: Risky’s Revenge – Director’s Cut and DreamWorks Dragons: Dawn of the New Riders to the platform.

The new games are now available with a subscription to Stadia’s premium service called Stadia Pro. With these additions, Alphabet is expanding its portfolio of Stadia games. Currently, the number of game titles on Stadia stands at 45.

We believe the latest initiative should help GOOGL attract game streamers to its platform.

This, in turn, will strengthen Stadia’s premium subscriber base, which will be reflected in Alphabet’s first line.

Alphabet Inc. Price and consensus

Alphabet Inc. price-consensus-chart | Alphabet Inc.

Growing Stadia initiatives

The addition of game titles is in line with GOOGL’s growing efforts to provide an enhanced gaming experience for gamers.

In addition, Alphabet has added six titles, such as TRANSFORMERS: BATTLEGROUNDS, Wreckfest, Destroy All Humans, The Falconeer: Warrior Edition and Foreclosed to the Stadia Pro service last month.

Additionally, GOOGL introduced a free to play game called Nine to five, which does not require a Pro subscription.

Additionally, Stadia would be featured in the smart TV lines selected by Samsung for 2022. The TVs will support apps for Stadia as part of Samsung’s Gaming Hub.

Stadia has also recently become playable on LG’s WebOS smart TVs. This is another positive point.

Cloud gaming space keeps its promises

We believe that all of the above-mentioned efforts are likely to help the Google unit capitalize on the immense opportunities present in the burgeoning cloud gaming market.

According to a report by Allied Market Research, the global cloud gaming market is expected to reach $ 21.9 billion by 2030, with a CAGR of 57.2% between 2021 and 2030.

Given this optimistic scenario, not only Alphabet but also other companies like NVIDIA NVDA, Microsoft MSFT and Amazon AMZN is making concerted efforts to acquire a strong presence in this promising market.

Recently, NVIDIA announced its next generation cloud gaming platform, offering GeForce RTX 3080 class games on GeForce NOW. Additionally, the addition of hit games from Electronic Arts like Battlefield 1 Revolution, Mirror’s Edge Catalyst, Unravel Two, Dragon Age: Inquisition and Apex Legends to NVDA’s GeForce NOW, remains outstanding.

Like Google Stadia, NVIDIA GeForce NOW will also be showcased in Samsung’s select 2022 smart TV lines.

Another tech giant, Microsoft, wins by combining Project xCloud and Xbox Game Pass. Its decision to expand its cloud games to Xbox Series X and Series S as well as Xbox One consoles remains a major positive.

This expansion is likely to boost Microsoft’s momentum among gamers as they are able to play multiplayer games with just an invite and access Xbox Gen 9 games only like Microsoft Flight Simulator and The way on Xbox One.

Amazon continues to leverage its high performing cloud gaming service called Luna. AMZN recently announced the addition of game titles, namely Devil May Cry 5, Yakuza: Like a Dragon, Adventure Time: Pirates of the Enchiridion, Chorus and Republic of the Horsemen.

The company added more titles, such as Judgment, Myst and Rainbow Six: Extraction.

Nonetheless, Google’s notable cloud gaming efforts are expected to continue to strengthen its competitive edge over the aforementioned companies.

Currently, Google’s Parent Alphabet carries a Zacks Rank # 3 (Hold). You can see The full list of Zacks # 1 Rank (Strong Buy) stocks today here.

Zacks Top 10 stocks for 2022

In addition to the investment ideas discussed above, would you like to know our top 10 picks for all of 2022?

From its creation in 2012 until November, the Top 10 Zacks stocks gained an impressive + 962.5% versus + 329.4% for the S&P 500. Now our research director combs through the 4,000 companies covered by the Zacks rankings to select the top 10 tickers to buy and hold . Don’t miss your chance to participate in these actions when they release on January 3.

Be the first in the new Top 10 stocks >>

Click to get this free report, Inc. (AMZN): Free Stock Analysis Report

Microsoft Corporation (MSFT): Free Stock Analysis Report

NVIDIA Corporation (NVDA): Free Inventory Analysis Report

Alphabet Inc. (GOOGL): Free Stock Analysis Report

To read this article on, click here.

Zacks investment research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Comments are closed.