Shares of Alphabet Inc. (NASDAQ:GOOGL – Get Free Report) have been given a consensus recommendation of “Buy” by the fifty-six research firms that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation, forty-seven have issued a buy recommendation and five have assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $425.04.
A number of research analysts recently commented on the stock. Morgan Stanley set a $400.00 price target on shares of Alphabet and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Phillip Securities raised shares of Alphabet from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, July 27th. Royal Bank Of Canada restated an “outperform” rating and set a $425.00 price objective on shares of Alphabet in a research report on Thursday, July 23rd. Wedbush restated an “outperform” rating and set a $445.00 price objective on shares of Alphabet in a report on Thursday, July 23rd. Finally, UBS Group reaffirmed a “neutral” rating and issued a $380.00 target price (up from $379.00) on shares of Alphabet in a research report on Wednesday, October 14th.
Check Out Our Latest Analysis on GOOGL
Alphabet Stock Performance
Shares of NASDAQ:GOOGL traded down $4.01 on Friday, hitting $320.21. The company had a trading volume of 17,529,743 shares, compared to its average volume of 23,902,164. Alphabet has a 1-year low of $255.32 and a 1-year high of $408.61. The stock has a market cap of $3.92 trillion, a price-to-earnings ratio of 16.08, a P/E/G ratio of 0.94 and a beta of 1.21. The stock has a 50 day moving average price of $342.79 and a 200 day moving average price of $352.81. The company has a current ratio of 2.72, a quick ratio of 2.64 and a debt-to-equity ratio of 0.16.
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating the consensus estimate of $2.89 by $6.22. The company had revenue of $119.80 billion for the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. Analysts expect that Alphabet will post 20.60 EPS for the current year.
Insider Buying and Selling
In other Alphabet news, CAO Marsida Saraci sold 449 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $333.20, for a total value of $149,606.80. Following the transaction, the chief accounting officer directly owned 27,386 shares of the company’s stock, valued at $9,125,015.20. This represents a 1.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder 2019 Gp L.L.C. Gv sold 118,138 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $18.90, for a total value of $2,232,808.20. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 315,765 shares of company stock valued at $6,297,980. Insiders own 11.61% of the company’s stock.
Institutional Investors Weigh In On Alphabet
Institutional investors have recently modified their holdings of the business. State Street Corp lifted its position in Alphabet by 5.6% in the 2nd quarter. State Street Corp now owns 238,977,259 shares of the information services provider’s stock worth $85,403,303,000 after buying an additional 12,718,127 shares during the last quarter. Diamant Asset Management Inc. boosted its stake in Alphabet by 28,950.0% in the first quarter. Diamant Asset Management Inc. now owns 9,291,926 shares of the information services provider’s stock worth $2,671,986,000 after buying an additional 9,259,940 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Alphabet by 90.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 17,040,373 shares of the information services provider’s stock worth $4,900,078,000 after buying an additional 8,112,680 shares in the last quarter. Corient Private Wealth LLC boosted its stake in Alphabet by 127.9% in the fourth quarter. Corient Private Wealth LLC now owns 11,677,886 shares of the information services provider’s stock worth $3,655,178,000 after buying an additional 6,554,842 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its position in Alphabet by 45.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,737,125 shares of the information services provider’s stock valued at $4,299,721,000 after acquiring an additional 4,313,745 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.
Alphabet News Roundup
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Alphabet’s AI investment story remains a potential long-term support. Analysts and investors point to rising demand for Google Cloud, internally developed TPU chips, advertising resilience, and the potential for Gemini and other AI products to drive future growth. Alphabet Investing Behind AI Demand and TPU Growth
- Positive Sentiment: Pre-earnings coverage remains constructive on Alphabet’s third-quarter outlook, citing AI adoption, cloud growth, and advertising strength. Erste Group also modestly raised its fiscal 2027 EPS forecast, while Citizens JMP maintained a “market outperform” rating despite lowering its price target. Pre-Q3 Earnings Alphabet Stock Outlook
- Neutral Sentiment: Alphabet’s quarterly preferred-stock dividend announcement is unlikely to materially affect GOOGL common shares. Investors are instead focused on operating results, capital expenditures, margins, and management’s AI spending guidance.
- Neutral Sentiment: The upcoming earnings report is the key near-term catalyst. Strong cloud and advertising metrics could help stabilize the stock, but investors may react negatively if capital spending rises faster than AI-related revenue and cash flow.
- Negative Sentiment: Multiple law firms announced or promoted securities-fraud class actions against Alphabet concerning the May 19–July 16 trading period. The complaints allege that Alphabet failed to disclose important information about Gemini 3.5 Pro’s development and launch readiness; the allegations have not been proven. Lead-plaintiff deadlines are generally December 1, with one notice citing November 30. Kaplan Fox Alphabet Class Action Notice
- Negative Sentiment: A reported Google Cloud outage in London disrupted financial and public-sector services and prompted scrutiny from UK regulators and lawmakers, raising operational, reputational, and regulatory concerns. Alphabet Cloud Outage and Regulation
- Negative Sentiment: The broader AI sell-off is weighing on Alphabet as investors question whether enormous data-center, chip, power, and compute expenditures will generate adequate returns. Heavy spending is also contributing to concerns about future margins and valuation.
Alphabet Company Profile
Alphabet Inc is a technology holding company best known for its Google subsidiary. Google operates a global internet-services business centered on online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a broad range of cloud-based productivity and collaboration tools.
Google Cloud provides infrastructure, data analytics, cybersecurity, artificial intelligence, and enterprise software services to businesses, governments, and other organizations. Alphabet also develops consumer hardware, including Pixel devices and products for connected homes, while investing in emerging businesses through its “Other Bets” segment, including autonomous transportation and life sciences initiatives.
Alphabet was established in 2015 as part of a corporate restructuring that made Google a subsidiary and provided a separate structure for its expanding portfolio of businesses.
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