Alphabet (NASDAQ:GOOGL) Price Target Raised to $390.00

Alphabet (NASDAQ:GOOGL) had its target price hoisted by investment analysts at Deutsche Bank Aktiengesellschaft from $370.00 to $390.00 in a report issued on Thursday,MarketScreener reports. The firm presently has a “buy” rating on the information services provider’s stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 20.38% from the stock’s current price.

Several other analysts have also commented on the stock. Piper Sandler restated an “overweight” rating and set a $395.00 price target (up previously from $365.00) on shares of Alphabet in a research report on Thursday. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research report on Wednesday, January 21st. Roth Mkm upped their price target on Alphabet from $365.00 to $395.00 and gave the stock a “buy” rating in a report on Thursday. Sanford C. Bernstein raised their price objective on Alphabet from $305.00 to $335.00 and gave the company a “market perform” rating in a report on Monday. Finally, Daiwa Capital Markets upped their target price on Alphabet from $233.00 to $333.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Four analysts have rated the stock with a Strong Buy rating, forty-three have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Alphabet presently has an average rating of “Moderate Buy” and an average target price of $351.59.

Alphabet Stock Performance

NASDAQ GOOGL traded down $9.08 on Thursday, reaching $323.96. 52,192,191 shares of the company’s stock traded hands, compared to its average volume of 33,748,418. Alphabet has a fifty-two week low of $140.53 and a fifty-two week high of $349.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market cap of $3.91 trillion, a price-to-earnings ratio of 31.95, a P/E/G ratio of 2.05 and a beta of 1.09. The stock has a 50 day moving average price of $321.32 and a 200-day moving average price of $268.82.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.25. The company had revenue of $113.83 billion for the quarter, compared to the consensus estimate of $111.24 billion. Alphabet had a return on equity of 35.00% and a net margin of 32.23%. Equities research analysts predict that Alphabet will post 8.9 EPS for the current fiscal year.

Insider Activity at Alphabet

In other news, CEO Sundar Pichai sold 32,500 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $319.50, for a total transaction of $10,383,750.00. Following the completion of the transaction, the chief executive officer directly owned 2,272,119 shares in the company, valued at $725,942,020.50. This trade represents a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Amie Thuener O’toole sold 2,778 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $288.26, for a total value of $800,786.28. Following the transaction, the chief accounting officer owned 11,739 shares of the company’s stock, valued at $3,383,884.14. This trade represents a 19.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 2,035,186 shares of company stock worth $94,458,941. Company insiders own 11.64% of the company’s stock.

Institutional Trading of Alphabet

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cauble & Harre Wealth Management Inc. purchased a new stake in Alphabet in the fourth quarter valued at $371,000. AlphaCore Capital LLC raised its holdings in shares of Alphabet by 10.9% in the fourth quarter. AlphaCore Capital LLC now owns 102,029 shares of the information services provider’s stock valued at $31,935,000 after buying an additional 10,021 shares during the last quarter. Richard Young Associates Ltd. acquired a new stake in Alphabet during the 4th quarter worth approximately $352,000. Lockheed Martin Investment Management Co. lifted its holdings in shares of Alphabet by 77.1% during the fourth quarter. Lockheed Martin Investment Management Co. now owns 393,290 shares of the information services provider’s stock worth $123,100,000 after purchasing an additional 171,190 shares during the period. Finally, Prudent Investors Network Inc. acquired a new stake in shares of Alphabet in the 4th quarter worth $229,000. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet News Roundup

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet beat Q4 estimates and showed robust Cloud growth (48% YoY) and record annual revenue, reinforcing durable demand for Search, YouTube and enterprise AI. MarketBeat earnings summary
• Positive Sentiment: Google Cloud backlog and enterprise wins (big backlog increase, deals like Anthropic/Meta customers) support higher long‑term monetization from AI infrastructure. Earnings call details
• Positive Sentiment: YouTube and subscription momentum (325M paying users; >$60B YouTube revenue annually) provide diversified, high‑margin revenue streams. TechCrunch on subscriptions
• Positive Sentiment: Waymo’s large private fundraising reduces Alphabet’s near‑term cash burden for autonomous driving and validates the unit’s standalone value. CNBC Waymo fundraising
• Neutral Sentiment: Multiple analysts raised price targets and reiterated buys — a bullish long‑term signal but one that can increase intraday volatility as expectations rise. Analyst price‑target coverage
• Neutral Sentiment: Minor insider stock sales were reported; the transactions are small relative to total float and provide limited signal beyond short‑term sentiment. SEC filing on insider sale
• Negative Sentiment: Alphabet guided to massive 2026 capex of $175–$185 billion to scale AI/data centers — well above Street expectations — which spooked investors and pressured the stock despite the beat. Reuters on capex forecast
• Negative Sentiment: Markets reacted with broader tech weakness (Nasdaq pressure) as traders re‑rate growth vs. near‑term cash requirements; some chip and supplier implications are positive, but investor risk appetite tightened. Proactive Investors on market reaction
• Negative Sentiment: Regulatory and legal risks persist (Waymo safety hearings; a $135M Android data‑transfer settlement) that could add execution/PR headwinds. Reuters on Waymo hearing MSN on Android settlement

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.