Alphabet (NASDAQ:GOOGL) Earns “Buy” Rating from Royal Bank Of Canada

Alphabet (NASDAQ:GOOGL)‘s stock had its “buy” rating restated by analysts at Royal Bank Of Canada in a note issued to investors on Monday,MarketScreener reports.

Other equities research analysts have also issued reports about the stock. Cantor Fitzgerald lowered shares of Alphabet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. CICC Research boosted their price objective on Alphabet from $240.00 to $303.00 and gave the company an “outperform” rating in a report on Friday, October 31st. CIBC raised their target price on Alphabet to $315.00 in a report on Monday, October 20th. Citic Securities lifted their price target on Alphabet from $230.00 to $310.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Finally, Citizens Jmp upped their price objective on Alphabet from $340.00 to $385.00 and gave the stock a “market outperform” rating in a research report on Wednesday, December 31st. Four research analysts have rated the stock with a Strong Buy rating, forty-two have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $332.60.

Alphabet Price Performance

Shares of NASDAQ:GOOGL opened at $328.04 on Monday. Alphabet has a twelve month low of $140.53 and a twelve month high of $340.49. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.06. The company has a market cap of $3.96 trillion, a PE ratio of 32.35, a price-to-earnings-growth ratio of 1.81 and a beta of 1.08. The company’s 50 day moving average is $315.65 and its 200 day moving average is $260.69.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Wednesday, October 29th. The information services provider reported $2.87 EPS for the quarter, beating the consensus estimate of $2.29 by $0.58. The business had revenue of $102.35 billion for the quarter, compared to the consensus estimate of $99.90 billion. Alphabet had a net margin of 32.23% and a return on equity of 35.00%. On average, sell-side analysts forecast that Alphabet will post 8.9 EPS for the current year.

Insider Buying and Selling at Alphabet

In related news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $327.30, for a total transaction of $10,637,250.00. Following the completion of the sale, the chief executive officer directly owned 2,211,872 shares of the company’s stock, valued at $723,945,705.60. This trade represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Amie Thuener O’toole sold 2,778 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $312.30, for a total transaction of $867,569.40. Following the completion of the transaction, the chief accounting officer directly owned 8,962 shares in the company, valued at $2,798,832.60. This represents a 23.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 222,409 shares of company stock valued at $68,564,532. Corporate insiders own 11.55% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Financial Gravity Companies Inc. acquired a new stake in Alphabet in the second quarter valued at $31,000. PMV Capital Advisers LLC purchased a new position in shares of Alphabet during the 4th quarter worth approximately $38,000. CarsonAllaria Wealth Management Ltd. grew its holdings in Alphabet by 36.4% during the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 251 shares of the information services provider’s stock valued at $44,000 after buying an additional 67 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Alphabet in the third quarter worth $53,000. Finally, Kentucky Trust Co lifted its position in shares of Alphabet by 142.9% in the fourth quarter. Kentucky Trust Co now owns 170 shares of the information services provider’s stock valued at $53,000 after acquiring an additional 100 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Analyst backing: Needham & Company reaffirmed a “buy” rating on GOOGL with a $330 price target, signaling confidence in near-term fundamentals and adding support to the stock. Article Title
• Positive Sentiment: Bullish price-target move: A recent note raised Alphabet’s price target to $390, a materially higher target that can boost investor expectations for further upside. Article Title
• Positive Sentiment: Additional broker support: Raymond James upgraded Alphabet, adding to the chorus of buy-side endorsements that can attract flows into the stock. Article Title
• Positive Sentiment: Industry/strategy endorsement: Multiple analyst and media pieces highlight Alphabet’s AI positioning (Google Gemini, search moat), reinforcing long-term growth narratives that support a higher valuation multiple. Article Title
• Neutral Sentiment: Alphabet VC momentum: Nvidia and Alphabet’s VC arm participated in a $200M round for AI video startup Synthesia at a $4B valuation — positive for Alphabet’s ecosystem exposure but only an indirect impact on core revenues. Article Title
• Negative Sentiment: Broader market headwinds: Nasdaq futures are trading lower ahead of a pivotal Fed decision and several big tech earnings, creating short-term volatility risk for high-multiple names like Alphabet. Article Title
• Negative Sentiment: Insider sale: CEO Sundar Pichai sold ~30,000 shares recently — a potential negative signal for some investors, though he remains a very large shareholder. Monitor filings for context (size, plan). Article Title

Alphabet Company Profile

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.