Alphabet (NASDAQ:GOOGL) Given New $410.00 Price Target at KeyCorp

Alphabet (NASDAQ:GOOGL) had its price target cut by KeyCorp from $435.00 to $410.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has an “overweight” rating on the information services provider’s stock. KeyCorp’s price objective would indicate a potential upside of 20.38% from the stock’s current price.

Several other equities research analysts have also recently commented on GOOGL. Piper Sandler lifted their price target on shares of Alphabet from $395.00 to $400.00 and gave the stock an “overweight” rating in a research report on Monday, September 28th. Roth Capital restated a “buy” rating and set a $440.00 price objective (up from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Evercore reaffirmed an “outperform” rating and set a $450.00 price target on shares of Alphabet in a research report on Wednesday, September 16th. Needham & Company LLC reiterated a “buy” rating and set a $450.00 price objective on shares of Alphabet in a report on Thursday, October 8th. Finally, Barclays reiterated an “overweight” rating and set a $425.00 price objective (up from $405.00) on shares of Alphabet in a report on Thursday, July 23rd. Five analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $424.34.

Alphabet Stock Performance

Shares of NASDAQ:GOOGL opened at $340.59 on Monday. The business’s fifty day moving average price is $344.26 and its two-hundred day moving average price is $351.87. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 2.64. Alphabet has a fifty-two week low of $244.15 and a fifty-two week high of $408.61. The stock has a market capitalization of $4.17 trillion, a price-to-earnings ratio of 17.11, a price-to-earnings-growth ratio of 0.99 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $6.22. The company had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. Alphabet had a return on equity of 51.32% and a net margin of 54.77%. As a group, analysts predict that Alphabet will post 20.55 EPS for the current fiscal year.

Insider Buying and Selling at Alphabet

In related news, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Marsida Saraci sold 449 shares of Alphabet stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer owned 27,386 shares of the company’s stock, valued at approximately $9,125,015.20. The trade was a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 402,479 shares of company stock valued at $7,946,534 in the last three months. 11.61% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Alphabet

Several institutional investors and hedge funds have recently added to or reduced their stakes in GOOGL. Strategic Wealth Advisors LLC increased its position in shares of Alphabet by 6.0% in the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock valued at $137,000 after buying an additional 27 shares in the last quarter. Rockbridge Investment Management LCC raised its position in Alphabet by 0.5% during the first quarter. Rockbridge Investment Management LCC now owns 5,460 shares of the information services provider’s stock worth $1,570,000 after acquiring an additional 27 shares during the period. Ruggaard & Associates LLC raised its position in Alphabet by 0.9% during the first quarter. Ruggaard & Associates LLC now owns 2,921 shares of the information services provider’s stock worth $840,000 after acquiring an additional 27 shares during the period. Cadia Private Client LLC raised its position in Alphabet by 1.1% during the first quarter. Cadia Private Client LLC now owns 2,589 shares of the information services provider’s stock worth $744,000 after acquiring an additional 28 shares during the period. Finally, Evansbrook LLC lifted its holdings in Alphabet by 0.3% during the first quarter. Evansbrook LLC now owns 9,522 shares of the information services provider’s stock valued at $2,738,000 after purchasing an additional 28 shares in the last quarter. 40.03% of the stock is currently owned by institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: AI chip and cloud growth remain the main bullish catalysts. Analysts see Alphabet’s custom AI chips potentially becoming a major revenue stream, with one estimate suggesting as much as $104 billion in chip sales by 2028. Investors are also looking for Google Cloud revenue growth above 100% when Alphabet reports on October 28, supported by strong demand and limited computing capacity. Analyst on Alphabet AI chip demand Alphabet Google Cloud revenue prediction
• Positive Sentiment: Alphabet’s balance sheet is being highlighted as a competitive advantage. Commentary comparing Alphabet with Microsoft and Amazon points to substantial financial flexibility to fund AI infrastructure, research and acquisitions. The company’s search and YouTube businesses also continue to provide high-margin cash flow while Gemini and Google Cloud expand. Alphabet AI strategy analysis
• Positive Sentiment: Google’s agreements supporting nuclear-reactor uprates and its planned power arrangement with American Electric Power could improve access to reliable, lower-carbon electricity for its expanding data-center footprint. Separately, a reported 40-fold reduction in quantum-computing errors strengthens Alphabet’s longer-term technology opportunity. Nuclear renaissance on the U.S. grid Google quantum error reduction
• Neutral Sentiment: Alphabet is being profiled as a participant in Germany’s growing digital-health market, but the report offers no specific financial forecast or new company announcement. Berkshire Hathaway-related coverage of a larger Alphabet position may provide sentiment support, though it does not change Alphabet’s fundamentals. Germany digital health market report
• Negative Sentiment: Several law firms are publicizing securities class actions tied to Alphabet’s May–July 2026 trading period and a December 1 lead-plaintiff deadline. The announcements may weigh on sentiment, although they largely repeat previously reported allegations and do not establish liability. Alphabet securities lawsuit deadline
• Negative Sentiment: Investors remain cautious about Alphabet’s low headline P/E because of the substantial capital spending required for AI infrastructure. Concerns about an AI-sector selloff and Google’s potential disruption of websites such as Reddit could limit enthusiasm if monetization fails to keep pace with spending. Alphabet AI selloff analysis

About Alphabet

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.