Alphabet (NASDAQ:GOOGL – Get Free Report) had its target price lifted by research analysts at President Capital from $323.00 to $375.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The brokerage presently has a “buy” rating on the information services provider’s stock. President Capital’s target price suggests a potential upside of 18.91% from the company’s current price.
GOOGL has been the subject of several other research reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $375.00 price objective (up previously from $330.00) on shares of Alphabet in a research report on Tuesday, January 13th. Evercore reissued an “outperform” rating and set a $400.00 target price (up previously from $325.00) on shares of Alphabet in a research note on Thursday. UBS Group set a $348.00 target price on shares of Alphabet and gave the stock a “neutral” rating in a report on Thursday. Susquehanna lifted their price target on shares of Alphabet from $225.00 to $350.00 and gave the company a “positive” rating in a report on Thursday, October 30th. Finally, DZ Bank reissued a “buy” rating on shares of Alphabet in a research note on Thursday, November 20th. Three investment analysts have rated the stock with a Strong Buy rating, forty-three have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $359.44.
View Our Latest Analysis on GOOGL
Alphabet Price Performance
Alphabet (NASDAQ:GOOGL – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The information services provider reported $2.82 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.25. Alphabet had a return on equity of 35.01% and a net margin of 32.81%.The firm had revenue of $113.83 billion for the quarter, compared to analyst estimates of $111.24 billion. Equities research analysts predict that Alphabet will post 8.9 earnings per share for the current year.
Insiders Place Their Bets
In other Alphabet news, insider John Kent Walker sold 17,829 shares of the stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $314.89, for a total transaction of $5,614,173.81. Following the transaction, the insider directly owned 42,972 shares in the company, valued at approximately $13,531,453.08. This represents a 29.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar Pichai sold 32,500 shares of Alphabet stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the completion of the sale, the chief executive officer directly owned 2,272,119 shares of the company’s stock, valued at approximately $725,942,020.50. This trade represents a 1.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,067,686 shares of company stock valued at $105,352,291 over the last 90 days. 11.55% of the stock is owned by company insiders.
Hedge Funds Weigh In On Alphabet
A number of hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its stake in Alphabet by 3.9% in the fourth quarter. Brighton Jones LLC now owns 110,330 shares of the information services provider’s stock valued at $20,886,000 after acquiring an additional 4,110 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Alphabet by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 14,930 shares of the information services provider’s stock valued at $2,826,000 after purchasing an additional 506 shares during the period. Simplicity Wealth LLC grew its stake in Alphabet by 48.6% during the second quarter. Simplicity Wealth LLC now owns 49,889 shares of the information services provider’s stock valued at $8,792,000 after acquiring an additional 16,308 shares in the last quarter. Marietta Wealth Management LLC increased its holdings in shares of Alphabet by 89.0% in the second quarter. Marietta Wealth Management LLC now owns 171,463 shares of the information services provider’s stock worth $30,216,000 after purchasing an additional 80,719 shares during the period. Finally, IVC Wealth Advisors LLC boosted its position in shares of Alphabet by 5.3% during the 2nd quarter. IVC Wealth Advisors LLC now owns 1,680 shares of the information services provider’s stock valued at $296,000 after acquiring an additional 84 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.
Key Stories Impacting Alphabet
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: Waymo ramps commercial scale — Alphabet’s self-driving unit Waymo says it is now fully autonomous in Nashville, signaling potential revenue upside from robotaxi expansion and differentiation in AI-driven mobility. Waymo goes fully autonomous in Nashville
- Positive Sentiment: Long-term clean power deal for data centers — TotalEnergies signed agreements to supply ~1 GW of solar to Google’s Texas data centers, reducing operational risk and supporting sustainability goals for cloud/AI operations. TotalEnergies to provide solar power to Google’s Texas data centres
- Positive Sentiment: Analyst support remains — JPMorgan reaffirmed a buy rating and some brokers have raised price targets, which supports demand for the shares amid near-term volatility. MarketScreener: JPMorgan maintains buy
- Neutral Sentiment: Large bond sale to fund AI capex — Alphabet sold about $20 billion of bonds across multiple maturities to finance heavy AI infrastructure spending; this funds growth but increases long-term leverage and interest obligations. Alphabet sells bonds worth $20 billion to fund AI spending
- Neutral Sentiment: App-store changes in UK — Apple and Google agreed to app-store concessions in the U.K.; this reduces some regulatory heat but signals regulators are pressing big tech on platform rules. Apple and Google agree app store changes to appease UK regulator
- Negative Sentiment: EU antitrust complaint on AI Overviews — The European Publishers Council filed a complaint with EU antitrust regulators over Google’s AI-generated summaries, raising the prospect of regulatory action that could limit product features or lead to fines. European Publishers Council files EU antitrust complaint about Google’s AI Overviews
- Negative Sentiment: Trademark lawsuit over AI tools — Autodesk sued Google alleging trademark infringement for AI video tools, adding to legal overhangs in AI product rollouts. Google sued by Autodesk over AI-powered movie-making software
- Negative Sentiment: Company flags new AI risks and investor concerns — Alphabet added AI-specific risk disclosures (including possible ad impacts and long-duration contracts) and faces public criticism (e.g., Michael Burry’s negative comments about century bonds); together these amplify uncertainty. Alphabet highlights new AI-related risks
- Negative Sentiment: Insider selling noted — Recent reported insider sales add a near-term negative signal for sentiment even though the transaction size is modest relative to Alphabet’s market cap. Insider selling: Alphabet CEO sells stock
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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