Alphabet (NASDAQ:GOOGL – Get Free Report) had its target price lifted by analysts at Daiwa Securities Group from $380.00 to $445.00 in a note issued to investors on Tuesday,MarketScreener reports. The firm presently has a “buy” rating on the information services provider’s stock. Daiwa Securities Group’s price target suggests a potential upside of 14.36% from the company’s current price.
Other analysts have also issued research reports about the company. Evercore raised their price target on Alphabet from $400.00 to $420.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Wedbush boosted their price objective on shares of Alphabet from $360.00 to $370.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. President Capital upped their price objective on shares of Alphabet from $323.00 to $375.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Loop Capital raised their target price on shares of Alphabet from $320.00 to $355.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Finally, Arete Research lifted their target price on shares of Alphabet from $380.00 to $405.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $405.94.
Check Out Our Latest Report on Alphabet
Alphabet Stock Up 1.5%
Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The information services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $2.64 by $2.47. Alphabet had a return on equity of 38.99% and a net margin of 37.92%.The business had revenue of $109.90 billion during the quarter, compared to analysts’ expectations of $106.98 billion. Sell-side analysts anticipate that Alphabet will post 12.94 EPS for the current year.
Insider Buying and Selling at Alphabet
In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $303.92, for a total value of $9,877,400.00. Following the sale, the chief executive officer owned 2,818,524 shares in the company, valued at approximately $856,605,814.08. This represents a 1.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Amie Thuener O’toole sold 955 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $298.00, for a total transaction of $284,590.00. Following the transaction, the chief accounting officer directly owned 9,918 shares of the company’s stock, valued at $2,955,564. This represents a 8.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 191,053 shares of company stock valued at $58,845,206 in the last quarter. 11.64% of the stock is owned by insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Strategic Wealth Advisors LLC increased its holdings in shares of Alphabet by 6.0% during the first quarter. Strategic Wealth Advisors LLC now owns 477 shares of the information services provider’s stock valued at $137,000 after acquiring an additional 27 shares in the last quarter. Symmetry Partners LLC boosted its stake in Alphabet by 0.4% in the 4th quarter. Symmetry Partners LLC now owns 7,912 shares of the information services provider’s stock worth $2,476,000 after purchasing an additional 30 shares in the last quarter. Private Wealth Management Group LLC grew its position in Alphabet by 1.2% during the 1st quarter. Private Wealth Management Group LLC now owns 2,540 shares of the information services provider’s stock valued at $730,000 after purchasing an additional 30 shares during the last quarter. Members Trust Co grew its position in Alphabet by 0.5% during the 4th quarter. Members Trust Co now owns 6,434 shares of the information services provider’s stock valued at $2,014,000 after purchasing an additional 31 shares during the last quarter. Finally, Altfest L J & Co. Inc. increased its stake in Alphabet by 0.4% during the 4th quarter. Altfest L J & Co. Inc. now owns 7,952 shares of the information services provider’s stock valued at $2,489,000 after purchasing an additional 31 shares in the last quarter. Institutional investors own 40.03% of the company’s stock.
Key Alphabet News
Here are the key news stories impacting Alphabet this week:
- Positive Sentiment: UBS says strong Q1 results from the Magnificent Seven validate the AI investment boom; UBS highlights accelerating cloud revenue and rising order backlogs as evidence that data‑center spending is paying off, reinforcing the bull case for GOOGL’s AI-exposed businesses. Big tech earnings validate AI investment boom, says UBS
- Positive Sentiment: Multiple firms raised price targets or reaffirmed buy ratings (Citizens/JMP/China Renaissance/New Street/Jefferies), signaling analyst conviction in upside driven by cloud and AI momentum; that supports potential re-rating even as shares digest recent gains. Analyst price target / rating moves (Citizens et al.)
- Positive Sentiment: Google Cloud growth is outpacing peers and backlog metrics look strong — a direct revenue/cash‑flow lever as Google monetizes AI infrastructure and enterprise deals. This is a key fundamental tailwind for long‑term earnings. Alphabet Eyes 20% Upside as Cloud Backlog Surges
- Neutral Sentiment: Alphabet launched a six‑tranche euro bond offering after earlier large-dollar raises — provides additional funding for capex (data centers/AI) but modestly increases gross debt; company leverage remains low. Alphabet taps euro bond market with six-tranche offering
- Neutral Sentiment: Alphabet will give U.S. authorities early access to new AI models for security reviews alongside Microsoft and xAI — increases regulatory oversight and may slow public rollouts but could reduce systemic-risk surprises long term. Microsoft, xAI and Google will share AI models with US govt for security reviews
- Negative Sentiment: Freedom Capital downgraded Alphabet from “strong‑buy” to “hold,” a catalyst that can pressure short‑term sentiment and prompt reallocations by momentum/liquid funds. Freedom Capital downgrade reported
- Negative Sentiment: UK DeepMind employees voted to unionize over AI military contracts, highlighting reputational and operational risks that could complicate certain partnerships or slow project timelines. UK Google DeepMind employees vote to unionize over its AI military deals
- Negative Sentiment: Speculative technical calls warning of a large impending correction are circulating — could increase volatility and trigger short‑term selling even if fundamentals remain intact. Trading expert sets date when Google stock will crash by 45%
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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