Cantor Fitzgerald Reaffirms Overweight Rating for Alphabet (NASDAQ:GOOGL)

Posted by Brian Himes on Oct 14th, 2026

Alphabet (NASDAQ:GOOGL – Get Free Report)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Cantor Fitzgerald in a research note issued to investors on Monday, Benzinga reports. They currently have a $420.00 price target on the information services provider’s stock. Cantor Fitzgerald’s price objective would suggest a potential upside of 18.72% from the stock’s previous close.

GOOGL has been the topic of several other reports. Needham & Company LLC reissued a “buy” rating and set a $450.00 target price on shares of Alphabet in a research note on Thursday, October 8th. Piper Sandler lifted their price target on Alphabet from $395.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, September 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Alphabet in a research report on Friday, July 17th. DA Davidson set a $350.00 price objective on Alphabet and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $417.00 price objective (up from $411.00) on shares of Alphabet in a research note on Tuesday, October 6th. Five research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Alphabet currently has an average rating of “Buy” and a consensus price target of $425.72.

Read Our Latest Stock Report on Alphabet

Alphabet Stock Up 0.3%

Shares of NASDAQ:GOOGL opened at $353.78 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The company has a market cap of $4.33 trillion, a PE ratio of 17.72, a price-to-earnings-growth ratio of 1.02 and a beta of 1.21. Alphabet has a 52 week low of $240.51 and a 52 week high of $408.61. The firm has a 50 day simple moving average of $345.00 and a 200 day simple moving average of $350.40.

Alphabet (NASDAQ:GOOGL – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The information services provider reported $9.11 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion during the quarter, compared to analyst estimates of $117.07 billion. As a group, research analysts expect that Alphabet will post 20.54 earnings per share for the current year.

Insider Transactions at Alphabet

In other news, Director Frances Arnold sold 83 shares of the firm’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $340.45, for a total transaction of $28,257.35. Following the transaction, the director owned 19,076 shares in the company, valued at approximately $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder 2019 Gp L.L.C. Gv sold 196,931 shares of the firm’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $19.46, for a total transaction of $3,832,277.26. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 441,399 shares of company stock worth $8,677,053 in the last 90 days. 11.61% of the stock is owned by insiders.

Hedge Funds Weigh In On Alphabet

Several hedge funds have recently bought and sold shares of GOOGL. Lifetime Wealth Management P.C. acquired a new position in Alphabet during the 4th quarter worth approximately $32,000. EMC Capital Management bought a new position in Alphabet in the 4th quarter valued at approximately $33,000. Core Capital Management & Research inc. bought a new position in Alphabet in the 2nd quarter valued at approximately $41,000. Premier Financial Group acquired a new stake in Alphabet in the second quarter valued at approximately $45,000. Finally, Bard Associates Inc. acquired a new stake in Alphabet in the fourth quarter valued at approximately $52,000. 40.03% of the stock is owned by institutional investors and hedge funds.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

Positive Sentiment: Google launched Gemini 4 Argon for developers, businesses and paying users, highlighting capabilities in coding, finance and legal work. The release strengthens Alphabet’s position in the generative-AI race, although some commentary suggests Wall Street may need evidence of meaningful monetization before assigning substantial value. Google launches flagship AI model Gemini 4 Argon for developers, businesses
Positive Sentiment: BNP Paribas raised its Alphabet price target to $450, citing the outlook for Alphabet’s internally developed tensor processing units (TPUs). Another analyst said Alphabet’s AI-chip business could unlock as much as $100 billion in value by 2028, while Cantor Fitzgerald maintained an Overweight rating with a $420 target. Alphabet target bumped to $450 at BNP Paribas on TPU outlook
Positive Sentiment: Coverage remains constructive on Alphabet’s expanding Google Cloud business, roughly $514 billion cloud backlog and growing AI-related demand. Google’s 3.6-gigawatt nuclear-power agreement with Constellation also underscores its long-term effort to secure electricity for AI data centers. Nuclear ETFs in spotlight as Google and Constellation sign deal
Neutral Sentiment: Google expanded its consumer ecosystem with a $180 Fitbit Edge wearable and private, user-created Android apps distributed through Google Play. These initiatives could increase engagement and subscription revenue, but their near-term earnings impact is unclear. Google Play now supports private vibe-coded apps
Negative Sentiment: Several law firms publicized a securities class action alleging Alphabet misrepresented the progress of its Gemini 3.5 Pro model, including training setbacks and a missed June 2026 launch target. The case covers investors who purchased shares from May 19 through July 16, with lead-plaintiff deadlines generally falling around November 30 or December 1. The repeated notices increase headline and legal risk, though they do not represent a court finding of wrongdoing. Alphabet AI issues and securities fraud class action
Negative Sentiment: Analysts and investors remain focused on Alphabet’s very large AI capital expenditures. The gap between operating cash flow and free cash flow raises concerns that accelerating data-center spending could pressure returns, even as reported earnings remain strong. Apple’s new HomeView smart-home initiative also adds competitive pressure in devices and AI assistants. Does the risk-reward profile still favor Alphabet investors

Alphabet Company Profile

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Alphabet Inc is a technology and internet services company best known as the parent company of Google. Its primary business, Google Services, includes online search, digital advertising, YouTube, Android, Chrome, Google Maps, Google Play, and a range of hardware and subscription products.

Alphabet also operates Google Cloud, which provides infrastructure, data analytics, cybersecurity, productivity software, and artificial intelligence services to businesses, governments, and other organizations.