Alphabet (NASDAQ:GOOGL) Stock Gets Price Target Cut from Susquehanna

Alphabet (NASDAQ:GOOGL) had its target price lowered by Susquehanna from $460.00 to $400.00 in a research report released on Thursday morning,Benzinga reports. The brokerage currently has a positive rating on the information services provider’s stock.

A number of other equities analysts have also weighed in on GOOGL. Needham & Company LLC reaffirmed a “buy” rating and issued a $450.00 price objective on shares of Alphabet in a research note on Thursday. Royal Bank Of Canada reissued an “outperform” rating and set a $425.00 target price on shares of Alphabet in a research note on Thursday, July 23rd. BMO Capital Markets reissued an “outperform” rating and issued a $480.00 price target (up from $465.00) on shares of Alphabet in a report on Tuesday, October 20th. Rosenblatt Securities dropped their price target on Alphabet from $410.00 to $380.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Wall Street Zen downgraded shares of Alphabet from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Five research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $410.46.

Alphabet Stock Down 1.4%

Shares of GOOGL stock opened at $279.84 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.64. Alphabet has a one year low of $270.70 and a one year high of $408.61. The company’s fifty day moving average price is $339.07 and its 200-day moving average price is $340.17. The company has a market capitalization of $3.42 trillion, a price-to-earnings ratio of 14.61, a PEG ratio of 0.82 and a beta of 1.21.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Wednesday, October 28th. The information services provider reported $2.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.02 by ($0.90). The business had revenue of $127.58 billion during the quarter, compared to analysts’ expectations of $127.96 billion. Alphabet had a return on equity of 43.33% and a net margin of 50.03%. Sell-side analysts expect that Alphabet will post 20.05 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total value of $28,257.35. Following the completion of the sale, the director directly owned 19,076 shares in the company, valued at $6,494,424.20. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders sold 247 shares of company stock worth $79,238. Corporate insiders own 11.61% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Pathway Financial Advisers LLC grew its position in shares of Alphabet by 7.5% in the third quarter. Pathway Financial Advisers LLC now owns 14,873 shares of the information services provider’s stock valued at $5,118,000 after purchasing an additional 1,036 shares during the period. Bfsg LLC increased its stake in shares of Alphabet by 0.7% during the third quarter. Bfsg LLC now owns 6,945 shares of the information services provider’s stock worth $2,389,000 after purchasing an additional 50 shares in the last quarter. Sageworth Trust Co raised its position in shares of Alphabet by 35.0% during the 3rd quarter. Sageworth Trust Co now owns 1,542 shares of the information services provider’s stock worth $531,000 after purchasing an additional 400 shares during the last quarter. Smallwood Wealth Investment Management LLC raised its position in shares of Alphabet by 441.4% during the 3rd quarter. Smallwood Wealth Investment Management LLC now owns 4,039 shares of the information services provider’s stock worth $1,390,000 after purchasing an additional 3,293 shares during the last quarter. Finally, Verity Asset Management Inc. raised its position in shares of Alphabet by 15.0% during the 3rd quarter. Verity Asset Management Inc. now owns 1,316 shares of the information services provider’s stock worth $453,000 after purchasing an additional 172 shares during the last quarter. Institutional investors own 40.03% of the company’s stock.

Trending Headlines about Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google Cloud revenue more than doubled year over year to approximately $30.7 billion, while its backlog reached $561 billion. The results support Alphabet’s position as a major beneficiary of enterprise AI demand. Alphabet’s Cloud Business Just Doubled
• Positive Sentiment: Several analysts remain constructive after the selloff. Guggenheim and Needham reaffirmed “buy” ratings with $450 targets, while Citigroup and Wells Fargo retained bullish ratings and projected substantial upside despite lowering their targets.
• Positive Sentiment: Alphabet’s AI ecosystem could gain from rising demand for cloud capacity and specialized chips. Waymo is also expanding internationally through a partnership with Toyota, although the business remains small relative to Alphabet’s core operations. Waymo taps Toyota to supply robotaxis
• Neutral Sentiment: Multiple securities law firms publicized class-action lawsuits and lead-plaintiff deadlines tied to alleged disclosures about Alphabet’s Gemini AI development. These notices add headline risk, but their direct financial impact remains uncertain.
• Negative Sentiment: Alphabet reported adjusted earnings of $2.12 per share, below consensus near $2.94-$3.02, while revenue of $127.6 billion also missed expectations. Search and other revenue grew about 12% to roughly $63 billion, but fell short of forecasts, reinforcing fears that AI-generated answers and “AI mode” searches may monetize less effectively than traditional Search.
• Negative Sentiment: AI infrastructure spending caused free cash flow to remain negative by roughly $9.1 billion for a second consecutive quarter. Investors are questioning whether the enormous capital outlays will produce adequate returns and whether Alphabet may need additional debt or equity financing.
• Negative Sentiment: An unrealized loss on Alphabet’s SpaceX investment reduced quarterly earnings by approximately $0.55 per share, while an EU antitrust fine further pressured results. Analysts including RBC, Wells Fargo, Citigroup, Wedbush, KeyCorp and Cantor Fitzgerald lowered price targets, even though most maintained positive ratings.

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.