Alphabet (NASDAQ:GOOGL – Get Free Report) had its price objective increased by equities researchers at Dbs Bank from $400.00 to $460.00 in a note issued to investors on Thursday,MarketScreener reports. Dbs Bank’s price target indicates a potential upside of 15.10% from the stock’s previous close.
Other equities research analysts have also recently issued research reports about the company. Piper Sandler reissued an “overweight” rating and set a $425.00 target price (up from $395.00) on shares of Alphabet in a research note on Thursday, April 30th. Wolfe Research cut their target price on Alphabet from $390.00 to $360.00 and set an “outperform” rating for the company in a research note on Friday, April 10th. Bank of America raised their target price on Alphabet from $370.00 to $430.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Guggenheim reissued a “buy” rating and set a $450.00 target price (up from $375.00) on shares of Alphabet in a research note on Thursday, April 30th. Finally, DA Davidson raised their target price on Alphabet from $300.00 to $310.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $407.86.
Read Our Latest Stock Analysis on GOOGL
Alphabet Price Performance
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its earnings results 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. The business had revenue of $109.90 billion for the quarter, compared to analysts’ expectations of $106.98 billion. Alphabet had a return on equity of 38.99% and a net margin of 37.92%. As a group, equities research analysts anticipate that Alphabet will post 14.01 EPS for the current fiscal year.
Insiders Place Their Bets
In other Alphabet news, Director Frances Arnold sold 102 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $371.00, for a total value of $37,842.00. Following the sale, the director directly owned 18,621 shares in the company, valued at $6,908,391. This trade represents a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John L. Hennessy sold 1,050 shares of the firm’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $331.65, for a total value of $348,232.50. Following the completion of the sale, the director owned 3,581 shares in the company, valued at approximately $1,187,638.65. This represents a 22.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 158,553 shares of company stock valued at $47,951,856. 11.61% of the stock is owned by company insiders.
Institutional Trading of Alphabet
Hedge funds and other institutional investors have recently bought and sold shares of the business. Oslo Pensjonsforsikring AS acquired a new stake in shares of Alphabet during the first quarter worth about $56,886,000. Andra AP fonden increased its position in Alphabet by 93.4% in the 1st quarter. Andra AP fonden now owns 855,135 shares of the information services provider’s stock valued at $245,903,000 after acquiring an additional 413,061 shares during the period. Summit Asset Management LLC increased its position in Alphabet by 33.4% in the 1st quarter. Summit Asset Management LLC now owns 4,430 shares of the information services provider’s stock valued at $1,274,000 after acquiring an additional 1,108 shares during the period. Wilkerson Advisory Group LLC boosted its holdings in Alphabet by 190.3% in the 1st quarter. Wilkerson Advisory Group LLC now owns 2,833 shares of the information services provider’s stock valued at $815,000 after purchasing an additional 1,857 shares in the last quarter. Finally, Glenview Trust Co boosted its holdings in Alphabet by 1.0% in the 1st quarter. Glenview Trust Co now owns 670,528 shares of the information services provider’s stock valued at $192,817,000 after purchasing an additional 6,687 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Surging demand for AI names is funneling money into funds that hold Google, boosting investor appetite for GOOGL as a core AI platform and infrastructure play. Google, Broadcom Drive Delirious Demand. So Do 16 More Stocks.
- Positive Sentiment: Erste Group raised its FY2027 EPS forecast for Alphabet to $14.32 (from $13.50), above consensus — a sign analysts expect continued margin and profit strength that supports higher valuations. Erste Group raises FY2027 EPS estimate for Alphabet
- Positive Sentiment: Several street moves have lifted price targets (examples include Mizuho and other shops raising targets into the $435–$465 range), reinforcing bullish analyst sentiment after the Q1 beat. Upgrades/target lifts can attract momentum buyers. Alphabet Given New $460.00 Price Target at Mizuho
- Positive Sentiment: New product monetization news — Google rebrands Fitbit as Google Health, launches a $9.99/mo AI health coach and the Fitbit Air wearable — which can expand recurring revenue and showcase Google’s AI consumer offerings. Google’s $9.99-per-month AI health coach launches May 19
- Neutral Sentiment: Competition in “agentic” AI is heating up (Meta, Google and others racing to ship AI agents). This underscores long‑term opportunity but also increases capex/R&D and competitive uncertainty. The Tech Download: Meta, Google enter AI agent race as ‘agentic wars’ heat up
- Neutral Sentiment: Speculative machine‑learning price predictions and upbeat Wall Street writeups reinforce momentum narratives but are not fundamental drivers — treat them as sentiment amplifiers, not hard guidance. Machine learning algorithm predicts Google stock price on May 31, 2026
- Negative Sentiment: European Commission says Google gets extra time to address concerns in an EU investigation after an earlier proposal fell short — regulatory process could still result in remedies or fines, creating legal and operational risk. Google has bit more time to address concerns in EU investigation
- Negative Sentiment: Fresh UK legal actions: a high‑value £3bn collective claim and a separate lawsuit over display ads increase litigation risk and potential damages or restrictions in a key market. These suits are material tail risks that can cap valuation multiples. Google facing £3bn legal claim accusing it of monopolising display ads market
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.
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