Alphabet’s (GOOGL) “Overweight” Rating Reiterated at KeyCorp

Posted by Brenda Bartman on May 20th, 2026

Alphabet (NASDAQ:GOOGL – Get Free Report)‘s stock had its “overweight” rating reissued by research analysts at KeyCorp in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $425.00 target price on the information services provider’s stock. KeyCorp’s price objective would suggest a potential upside of 10.47% from the company’s current price.

Several other brokerages have also weighed in on GOOGL. Raymond James Financial upgraded Alphabet from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Rothschild & Co Redburn raised their price objective on Alphabet from $390.00 to $430.00 and gave the company a “buy” rating in a report on Thursday, April 30th. CICC Research boosted their price objective on Alphabet from $388.00 to $407.91 and gave the company an “outperform” rating in a research report on Friday, May 1st. Roth Mkm reaffirmed a “buy” rating on shares of Alphabet in a research note on Thursday, April 30th. Finally, Rosenblatt Securities lifted their price target on shares of Alphabet from $357.00 to $393.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Two analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Alphabet presently has a consensus rating of “Moderate Buy” and a consensus price target of $412.65.

View Our Latest Report on Alphabet

Alphabet Stock Performance

Shares of NASDAQ GOOGL traded down $2.93 during mid-day trading on Wednesday, hitting $384.73. The stock had a trading volume of 7,939,642 shares, compared to its average volume of 31,486,672. Alphabet has a twelve month low of $162.00 and a twelve month high of $408.61. The firm has a market cap of $4.66 trillion, a PE ratio of 29.33, a PEG ratio of 1.70 and a beta of 1.26. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.92 and a current ratio of 1.92. The company has a 50 day moving average of $333.00 and a two-hundred day moving average of $319.32.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its earnings results on Wednesday, April 29th. The information services provider reported $5.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.64 by $2.47. Alphabet had a net margin of 37.92% and a return on equity of 38.99%. The company had revenue of $109.90 billion during the quarter, compared to the consensus estimate of $106.98 billion. Research analysts predict that Alphabet will post 14.29 EPS for the current fiscal year.

Insider Buying and Selling

In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $303.38, for a total transaction of $9,859,850.00. Following the sale, the chief executive officer owned 1,674,560 shares in the company, valued at $508,028,012.80. This represents a 1.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Amie Thuener O’toole sold 955 shares of the 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 completion of the sale, the chief accounting officer directly owned 9,918 shares in the company, valued at approximately $2,955,564. This represents a 8.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 226,481 shares of company stock worth $27,422,061 over the last three months. 11.61% of the stock is owned by insiders.

Institutional Trading of Alphabet

Several institutional investors and hedge funds have recently made changes to their positions in the company. Lifetime Wealth Management P.C. purchased a new stake in Alphabet in the 4th quarter valued at $32,000. EMC Capital Management acquired a new stake in Alphabet during the 4th quarter worth $33,000. PMV Capital Advisers LLC purchased a new position in Alphabet during the 4th quarter worth $38,000. IFC & Insurance Marketing Inc. acquired a new position in Alphabet in the fourth quarter valued at $38,000. Finally, Bard Associates Inc. acquired a new position in Alphabet in the fourth quarter valued at $52,000. 40.03% of the stock is owned by hedge funds and other institutional investors.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Needham reaffirmed its buy rating on Alphabet and set a $450 price target, signaling continued upside from current levels. Benzinga
Positive Sentiment: Alphabet and Blackstone announced a $5 billion AI cloud venture built around Google’s TPUs, a move that could boost AI infrastructure revenue and strengthen Alphabet’s competitive position. Thales inks deal with Google for homegrown German cloud provider
Positive Sentiment: Google I/O showcased a broad AI push across Search, Gemini, Workspace, shopping, and video tools, reinforcing the view that Alphabet is monetizing AI at scale rather than merely defending against rivals. Google debuts new AI models, personal AI agents in effort to keep pace with OpenAI and Anthropic
Positive Sentiment: Analysts remained constructive, with Arete Research lifting its price target to $425 and maintaining a buy rating. Arete Research adjusts price target on Alphabet to $425 from $405
Neutral Sentiment: Alphabet disclosed some insider selling, including a director sale, but the transactions appear routine and are not a strong fundamental signal on their own. SEC filing
Negative Sentiment: Some investors are wary that Google’s AI-heavy Search redesign could disrupt its core ad model, as the long-standing “ten blue links” format gives way to more AI-generated answers. Google Search as you know it is over

Alphabet Company Profile

(Get Free Report)

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.