Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) shot up 1.4% during trading on Tuesday after President Capital raised their price target on the stock from $375.00 to $465.00. President Capital currently has a buy rating on the stock. Alphabet traded as high as $392.82 and last traded at $388.4590. 23,006,395 shares traded hands during trading, a decline of 29% from the average session volume of 32,246,205 shares. The stock had previously closed at $383.25.
Several other equities research analysts also recently commented on the company. Wedbush boosted their price objective on Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Mizuho boosted their price objective on Alphabet from $410.00 to $420.00 and gave the company an “outperform” rating in a report on Friday, April 10th. DZ Bank restated a “buy” rating on shares of Alphabet in a report on Monday, February 16th. Jefferies Financial Group restated a “buy” rating on shares of Alphabet in a report on Monday. Finally, Arete Research boosted their price objective on Alphabet from $380.00 to $405.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $405.94.
View Our Latest Stock Report on Alphabet
Insider Buying and Selling at Alphabet
More Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Multiple brokerages raised price targets and reiterated buy ratings, supporting investor momentum into GOOGL shares; the largest raises push targets well above the current price, signaling continued upside expectations. Citizens Jmp raises target to $515
- Positive Sentiment: Reuters reports Alphabet is closing in on Nvidia as the world’s most valuable company—an endorsement of its AI and cloud-driven rally that helps support valuation and investor interest. Alphabet closes in on Nvidia’s spot
- Positive Sentiment: Google plans to sell its TPUs directly to customers, a strategic shift that could capture more AI compute economics and pressure competitors (notably Nvidia); investors view this as strengthening Alphabet’s AI stack and cloud monetization. Google Moves to Sell TPUs Directly
- Positive Sentiment: Alphabet’s euro bond sale attracted strong demand (orders far exceeding planned issuance), giving management room to fund its large AI/capex buildout without straining liquidity—a positive for execution of its $190B+ AI push. Alphabet’s euro bond offering sees strong demand
- Positive Sentiment: Product and R&D signals: internal docs show Google developing an agent “Remy” (24/7 assistant) and Android/AI events are scheduled ahead of I/O—keeps pipeline visible to investors betting on product-driven monetization. Google is building an AI agent called Remy
- Neutral Sentiment: Alphabet, Microsoft and xAI agreed to share early AI models with the U.S. government for security reviews—this reduces regulatory uncertainty in the U.S. but may slow public releases. Microsoft, xAI and Google will share AI models with US govt
- Neutral Sentiment: Management commentary and analyst writeups highlight accelerating cloud revenue and a rising backlog (supporting longer‑term growth), but also point to very large capex plans that could increase spending volatility. A Bigger 2027 Capex Wave May Be Coming
- Negative Sentiment: A senior Google scientist warned EU regulators that a proposal to force sharing of search data with rivals could expose private user information—heightened EU regulatory risk could weigh on valuation and future operating freedom in Europe. Top Google scientist says EU data measures pose privacy risk
- Negative Sentiment: Labor and reputational risk: DeepMind employees in the UK voted to unionize and workers are demanding recognition over military uses of AI—this may create operational friction and raise public scrutiny. UK Google DeepMind employees vote to unionize
- Negative Sentiment: Small negative signals include a downgrade from Freedom Capital to “hold” and a speculative technical call predicting a large correction—these can add short‑term selling pressure among certain investor groups. Freedom Capital downgrades Alphabet
Institutional Investors Weigh In On Alphabet
Several institutional investors have recently bought and sold shares of GOOGL. EMC Capital Management purchased a new position in Alphabet in the fourth quarter worth $33,000. Lifetime Wealth Management P.C. purchased a new position in Alphabet in the fourth quarter worth $32,000. PMV Capital Advisers LLC purchased a new position in Alphabet in the fourth quarter worth $38,000. IFC & Insurance Marketing Inc. purchased a new position in Alphabet in the fourth quarter worth $38,000. Finally, Bard Associates Inc. purchased a new position in Alphabet in the fourth quarter worth $52,000. Institutional investors own 40.03% of the company’s stock.
Alphabet Stock Performance
The company has a 50-day simple moving average of $313.72 and a two-hundred day simple moving average of $308.70. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.16. The firm has a market cap of $4.70 trillion, a PE ratio of 29.63, a PEG ratio of 1.80 and a beta of 1.26.
Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.98 billion. As a group, equities research analysts forecast that Alphabet Inc. will post 12.94 earnings per share for the current year.
Alphabet Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 8th will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Alphabet’s previous quarterly dividend of $0.21. Alphabet’s payout ratio is currently 6.71%.
About Alphabet
Alphabet Inc is the holding company created in 2015 to organize Google and a portfolio of businesses developing technologies beyond Google’s core internet services. Its principal operations are led by Google, which builds and operates consumer-facing products such as Google Search, YouTube, Android, Chrome, Gmail, Google Maps and Google Workspace, as well as advertising platforms (Google Ads and AdSense) that historically generate the majority of its revenue. Google also develops consumer hardware (Pixel phones, Nest smart-home devices, Chromecast) and developer and distribution platforms such as Google Play.
Beyond Google’s consumer and advertising businesses, Alphabet invests in enterprise and infrastructure offerings through Google Cloud, which provides cloud computing, data analytics and productivity services to businesses and institutions.
Further Reading
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